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Halliburton to move headquarters, CEO to Dubai
U.S. oil services firm Halliburton Co. is moving its headquarters and chief executive to Dubai in a move that immediately sparked criticism from some U.S. politicians.
Texas-based Halliburton, which was led by Vice President Dick Cheney from 1995-2000, did not specify what, if any, tax implications the move might entail. It plans to list on a [...]
£350m listing for oil group
THE fast-growing oil and gas services company Wellstream International is to float on the London Stock Exchange for about £350m, writes Grant Ringshaw.
The company, which has appointed Credit Suisse, the investment bank, to handle the float, is expected to join the main market in early May.
Wellstream makes the flexible pipes used in deep-water exploration projects. [...]
Dana Gas buys Centurion stake
Dubai: Dana Gas PJSC, the region’s first private-sector regional gas company, yesterday said it has entered into an agreement with Canadian Centurion Energy International Inc. to acquire all of Centurion’s outstanding common shares for C$12.00 per share, representing an equity value of approximately C$1.15 billion ($1.02 billion) on a fully-diluted basis.
Centurion Energy is headquartered in [...]
