TGS-NOPEC Geophysical Company ASA has raised $2.18m through issuing 105,375 shares at a price of $20.66 each. The units have been issued through exercise of options.
TGS-NOPEC provides geophysical, geological and imaging products and services to oil and gas exploration and production companies across the world.
Go deeper with GlobalData
Otto Energy Limited is intending to raise $8.2m through the issue of convertible notes in a private placement due 30 June 2019.
The notes bear a coupon rate of 14% a year and are convertible into common shares of the company, at a conversion price of $0.04 a share.
Proceeds from the offering are intended to be used by the company to fund its oil project in South Marsh Island 71 licence in offshore Gulf of Mexico.
Odfjell Drilling has received a letter of award (LoA) worth approximately $55m from Statoil to provide Aker H-3.2 designed semi-submersible drilling rig named Deepsea Bergen for conducting offshore drilling activities during 2018-19.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe scope of the contract includes drilling a firm well and 4×3 optional wells. Drilling work is scheduled to start between Q2 and Q3 2018 and will continue for 14 months if all options are exercised.
