International Business Gold Reserve fortifies $7.4bn bid in Citgo contest The company said it materially increased its proposed purchase price and arranged for financial support Aug 29, 2025
International Business Gold Reserve pushes back against rival Citgo bid The company earns US approval but disputes competitor’s offer in ongoing court battle Aug 28, 2025
International Business SFL profit drops to $1.5m with dividend cut to 20 cents The shipowner says the decrease reflects vessel sales and the impact of one of its rigs sitting idle Aug 25, 2025
Local Business Gold Reserve grows cash pile but faces rising legal costs Expenses tied to enforcing its arbitral award from Venezuela surge to $7.2 million in the second quarter Aug 21, 2025
International Business Gold Reserve’s bid for Citgo parent faces new delay The filing of briefs from numerous parties, including Crystallex and the Venezuelan Government, complicate the process Aug 17, 2025
Local Business Valaris secures $760m in new gulf drilling contracts The offshore drilling firm has signed two agreements with Anadarko Petroleum Corp, beginning in June next year Jul 07, 2025
Local Business Valaris to sell offshore rig for $108m The Valaris 247 is a 27-year-old jack-up drilling unit, typically used for shallow-water oil and gas operations May 06, 2025
Local Business Golar LNG secures $1.2bn refinancing deal with Chinese consortium The existing debt is tied to the Bermudian-based firm’s floating LNG unit which is operating off the West African coast Mar 23, 2025
International Business Borr Drilling reports net income of $82.1m in 2024 fiscal year An increase of $60 million, or 271 per cent, compared with the prior year Feb 23, 2025
International Business DHT reports positive start to 2025 crude oil tanker market More than half of the available spot days have been booked during the first quarter of the year Jan 22, 2025
International Business Vantage Drilling in joint venture with France’s TotalEnergies The JV has been named Teva Ship Charter LLC Jan 06, 2025
International Business Seadrill adds nearly $1bn to company’s order backlog The Bermudian-based offshore drilling company has agreed two contracts with Petrobas, the state-owned Brazilian multinational Dec 19, 2024