Tag: AqualisBraemar

AqualisBraemar to acquire LOC Group

AqualisBraemar ASA (AqualisBraemar) has entered into an agreement to acquire 100% of the shares in LOC Group, thereby creating an even more complete service provider to the upstream oil and gas industry.

ONGC successfully moves 33 rigs in pre-monsoon rush

Despite severe constraints caused by the Covid-19 lockdown in India, Oil and Natural Gas Corporation Limited (ONGC) has safely and successfully moved a total of 33 offshore jack-up rigs to new drilling locations ahead of the adverse weather conditions associated with the Indian monsoon season.