Shareholders of National Marine Dredging Company PJSC (“NMDC”), have voted at the Company’s General Assembly Meeting to approve the recommended offer from General Holding Corporation PJSC (Senaat), which is part of ADQ, and other minority shareholders of National Petroleum Construction Company PJSC (“NPCC”) (together, the “NPCC Shareholders”), to combine NPCC with NMDC. NPCC is a […]

In its operational update released Dec 15, Serica Energy said following a full review of License 047 in Namibia, the company has now elected not to seek a further renewal period or to continue with a new license application and is therefore withdrawing from Namibia to focus on its North Sea portfolio. “The pace of […]

Dutch company Vroon Offshore Service (VOS) has announced its team will restart work on Eni’s project offshore Mozambique. Eni has recently awarded the company another charter with on a long-term drilling project off Mozambique, with platform-supply vessel (PSV) VOS Princess to join its sister vessel VOS Principle in support of the drillship SAIPEM 12000. Eni’s […]