Offshore logo
Cove Energy offer extended
Posted 27.07.2012 09:20:45 av John Bradbury
Vis RSS feed
Send nyhet til en venn
Thailand's PTTEP has extended its offer for British-based Cove Energy until the end of this month.

Thailand's PTTEP has already extended the offer once, on 16 July, which expired on 25 July. And now PTTEP has renewed the offer, through PTTEP Africa Investment Limited - PTTEP AI - extending it out to 31 July.

So far, PTTEP says it has received acceptance for the offer from 72.14% of Cove's shareholders.

PTTEP posted the offer on 1 June, based on 240 pence per Cove share, valuing Cove at £1.221 billion

Also on 29 May 2012 PTTEP AI announced that the Republic of Mozambique's Ministry of Mineral Resources had consented in writing to the indirect change of control of Cove's interests in Mozambique, if the offer be finalised.  Cove holds 8% equity in the Rovuma Basin offshore Mozambique which has now sufficient gas reserves for an LNG development.

Shell, which had made a rival bid, extended its offer to Cove shareholders on 16 July, but by 25 July it had received acceptance from only 1.25% of Cove's shareholders, and its offer has now lapsed.
Advertisement
Latest news

Asset integrity expertise bought

British-based engineering expertise has been bought up by Norway's Aker Solutions to boost its integrity analysis for oil and gas assets.

[Les mer ] Company news

Sound signals big Italian gas

London-listed Sound Oil has logged a big new gas find in Italy.

[Les mer ] Exploration

Aker anchors new accommodation unit

A new offshore accommodation unit under construction in China is to be fitted with a mooring system supplied from Norway.

[Les mer ] Contracts

Big gas at Bianchi 1

Austria's OMV has reported a major new gas find while drilling offshore Australia following on from its earlier Zola discovery.

[Les mer ] Exploration

New drilling near Johan Castberg

Swedish explorer Lundin Petroleum has kicked off a new exploration well in the Norwegian sector of the Barents Sea.

[Les mer ] Exploration

Irish data acquisition underway

Seismic data acquisition has kicked off on a newly allocated Irish Frontier Exploration Licence.

[Les mer ] Exploration

Profilerte stillingerAlle stillinger »
Profilerte selskapFra OffshoreX.no
Pon Power Scandinavia Logo

Pon Power Scandinavia

Pon Power is the distributor of Cat and MaK engines and generators in Scandinavia. Product spectrum, ranging from 6.4 to 16,200 kW, which are mainly used as propulsion and auxiliary engines, primary power or emergency power, firefighting pumps and cranes for offshore installations. We offer worldwide 24-hour service and rapid delivery of spare parts. ISO 9001, ISO14001 and Achilles certified.

Se profil | offshorex.no
BD Oil & Gas Logo

BD Oil & Gas

BD Oil & Gas, a division of Brødrene Dahl, is a Norwegian stockist specializing in the supply of Piping and Valve products to the Oil & Gas industry.BD Oil & Gas provides products via our global network of manufacturers and supplier.We offer quality products, technical solutions, efficient customer services and a state of the art logistics and distribution system through our 54 locations in Norway

Se profil | offshorex.no
MTI TECHNOLOGY AS Logo

MTI TECHNOLOGY AS

MTI Technology ble stiftet i 2012. Ansatte i selskapet har erfaring opparbeidet gjennom mer enn 25-års drift i MTI AS, med arbeid innen løftopperasjoner, sertifisering og periodisk kontroll av løfteutstyr, on-/offshore. Vi ønsker å være nytenkende innen prøveløft produkter. Vi vil ha stor variasjon av produkter for å utføre prøveløft i forskjellige prosjekter.

Se profil | offshorex.no
RENTAL TECHNOLOGY & SERVICES AS Logo

RENTAL TECHNOLOGY & SERVICES AS

RTS er leverandør av teknologi og utstyr som brukes i forbindelse med feltutbyggninger, kartlegging og inspeksjon. RTS utvikler produkter som brukes av de fleste aktører som driver med med konstruksjon og Subsea både i Norge og internasjonalt.

Se profil | offshorex.no
GDF SUEZ E&P NORGE AS Logo

GDF SUEZ E&P NORGE AS

Vår organisasjon består av åtte avdelinger: Helse, Miljø, Sikkerhet og Kvalitet Personal og organisasjon Kommunikasjon Økonomi og administrasjon Gass og salg Ressurser Leting Drift

Se profil | offshorex.no
OFFSHOREX AS Logo

OFFSHOREX AS

OffshoreX AS har som mål å strukturere nasjonale aktører innenfor olje og gass inn i et nettverk som arbeider mer effektivt og gir bedre løsninger for både kjøpende og tilbydende selskaper. Vi har inngått samarbeid med offshore.no, nordens største nyhetsside for Olje og Gass bransjen. OffshoreX nettverket er integrert i offshore.no, noe som sikrer våre medlemmer god synlighet.

Se profil | offshorex.no
Tips oss
Kontakt oss
Offshore.no AS
Annonsere
Ansvarlige
Sjefsredaktør: Erlend Keilen
OPPHAVSRETT
Alt innhold er opphavsrettslig beskyttet.
Copyright Offshore.no AS