Inside the Subsea Cable Firm Secretly Helping America Take on China
, to the middle of the Indian Ocean. From there, the CS Dependable took over, running the splice to Diego Garcia and laying the rest of the main trunk up to Oman, the people said.Reuters analyzed satellite images and ship tracking data on Eikon, the financial analysis platform owned by the London Stock Exchange Group. That information showed the CS Dependable operating around Diego Garcia in February and March of 2022, then sailing on to Oman.The delicate operation was made possible by a decades-long friendship between three veterans of the subsea cable industry, according to two people with knowledge
Offshore Energy Tech Firm Ashtead Technology Goes Public
Ashtead Technology, a UK-based offshore energy services and technology company, announced Thursday that it had received strong support from new institutional investors and will begin trading on the London Stock Exchange's Alternative Investment Market on Tuesday, November 23. (AIM).Current owners Buckthorn and APICORP will remain significant shareholders in the business which is set to become a publicly listed company.The Aberdeen-based firm provides subsea equipment rental solutions, technologies, and support services to the global offshore energy sector."Over the past four years, Ashtead
Saltire Energy CEO Honored for Entrepreneurial Spirit
which growth and innovation go hand-in-hand with a commitment towards delivering wider benefit to all of society. I applaud Mr. Loggie on his vision and entrepreneurial spirit.” Earlier this year, Saltire Energy was named one of the 1,000 most inspiring companies in the UK by the London Stock Exchange, which followed its listings on The Sunday Times Fast Track 100 Ones to Watch and The Sunday Times Profit Track 100 league tables in 2014. Commenting on the award win, Mike Loggie said, “I am incredibly honored to be awarded the title of Entrepreneur Of The Year for Scotland
Australia's CHAMP Drilling to List on London Bourse
Reuters – Australia 's CHAMP Private Equity said it plans to bypass the local share market to list Shelf Drilling Ltd, the company it formed 16 months ago to run $1 billion worth of shallow water oil rigs, on the London Stock Exchange in May. "We're in the process of moving for a listing of that business on the London Stock Exchange hopefully in mid-May," Nathaniel Childres , CHAMP managing director, told an Asian Venture Capital Journal conference on Friday. Dubai -headquartered Shelf, which CHAMP set up in 2012 to buy 38 shallow-water drilling rigs from New York and Zurich
Enteq Unveils Integrated MWD Solution
Garcia. Enteq has the ambition to grow by acquisition and subsequent organic development into a premier provider of upstream technology and products to oilfield service companies globally. Enteq has raised initial sums in excess of $100 million from blue-chip institutional investors in the London Stock Exchange to fund acquisitions and the growth strategy. enteq.com enteq-kms.com enteq-xxt.com
February 2024
