* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, October 25, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

    Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

    ‘Chainsaw Man — The Movie: Reze Arc’ Review: Hit Manga Gets an Ultra-Violent, Surprisingly Emotional Big-Screen Adaptation – Yahoo

    Chainsaw Man – The Movie: Reze Arc Review: A Brutal and Unexpectedly Emotional Big-Screen Adaptation

    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

    Sacramento City Leaders Approve Two Thrilling New Entertainment Zones in Midtown

    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Ghost Tapping is exploiting tap-to-pay technology in order to steal your money; what your need to know – ABC7 New York

    Ghost Tapping: How Thieves Are Using Tap-to-Pay Technology to Steal Your Money and What You Need to Know

    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

    Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

    ‘Chainsaw Man — The Movie: Reze Arc’ Review: Hit Manga Gets an Ultra-Violent, Surprisingly Emotional Big-Screen Adaptation – Yahoo

    Chainsaw Man – The Movie: Reze Arc Review: A Brutal and Unexpectedly Emotional Big-Screen Adaptation

    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

    Sacramento City Leaders Approve Two Thrilling New Entertainment Zones in Midtown

    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Ghost Tapping is exploiting tap-to-pay technology in order to steal your money; what your need to know – ABC7 New York

    Ghost Tapping: How Thieves Are Using Tap-to-Pay Technology to Steal Your Money and What You Need to Know

    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

ABL acquires compatriot energy player in bid to strengthen position in oil & gas markets

May 16, 2024
in News
ABL acquires compatriot energy player in bid to strengthen position in oil & gas markets
Share on FacebookShare on Twitter

Home Fossil Energy ABL acquires compatriot energy player in bid to strengthen position in oil & gas markets

Oslo-listed global energy, marine, and engineering consultancy ABL Group has inked a deal to buy Norwegian-based energy consultancy Ross Offshore from Moreld Group to expand its oil, gas, and renewables portfolios.

Ross Offshore CEO Jørgen Jørgensen; Source: Ross Offshore

Subject to approval by the Norwegian competition authority, the transaction and acquisition of 100% interest in Ross Offshore is expected to be completed in late 2Q or early 3Q 2024. The two firms believe that consolidating their resources will provide a more robust platform to expand their offering in the renewable energy arena.

Furthermore, they expect the partnership to bring value to the oil and gas industry, with Norway recording a slight rise in oil and gas production earlier this month. Following the completion of the transaction, Ross Offshore will merge with AGR, an ABL Group company, further strengthening the group’s center of technical excellence in wells, reservoir operations, and other consultancy services.

Jørgen Jørgensen, CEO of Ross Offshore, welcomed the merger, stating that being part of the ABL Group will not only enable his company to expand its operations beyond Norway and into new industry sectors but also allow both players to step up their energy transition game.

He noted: “This partnership is a strategic synergy of two completely complementary companies, unlocking the opportunity to further strengthen our mutual position in oil and gas markets, so we can help bring best practice to more clients in more countries globally.”

In a similar fashion, ABL Group CEO Reuben Segal said that his firm would benefit from the new partner’s expertise in marine operations consulting while helping support Ross Offshore’s ambitions related to geothermal technologies and carbon capture and storage (CCS), thought to play an important part in decarbonization.

long read

Posted: 5 months ago

“We welcome the Ross Offshore team to ABL Group and look forward to the amalgamation of the business within our AGR brand. This is the latest expansion of our technical offering in wells and reservoir operations, bringing together an even deeper pool of expertise, that enables us to support more clients worldwide across their oil operations,” stated Segal.

Currently headquartered in Stavanger, Norway, Ross Offshore employs 152 people. With a profit of NOK 848 million (around $78.83 million) in 2023, the firm holds several frame agreements with clients on the Norwegian Continental Shelf (NCS), including those for well management, specialized services, and consultancy.

AGR CEO Svein Sollund commented: “As oil and gas companies have continued to grow over the years, we too need to expand our capacity and competence to ensure that we can provide the best possible support to our clients through the challenges they face. AGR first joined forces with First Geo, then Add Energy, and now Ross Offshore, showing our commitment to growing with our customers to drive safety and efficiency in their oil operations in both current and new markets worldwide.”

The merger with AGR is expected to allow Ross Offshore to pursue emission reduction targets as part of its ‘Ross Green Steps’ initiative, which entails expanding support services for offshore wind operations. It also encompasses improving CCS capabilities, relevant in the context of Norway being one of the five European countries that have concluded arrangements on cross-border transport and storage of carbon.

“Ross Offshore has demonstrated strong growth under the ownership of the Moreld Group, and we are confident the transition to the ABL Group will continue this successful journey. The strategic decision of this agreement reflects our commitment to optimizing the portfolio and focusing our resources where they can have the greatest impact, enabling Moreld to pursue opportunities aligned with our long-term strategy,” shared Geir Austigard, CEO of Moreld Group.

AGR recently secured several gigs on the NCS, including a frame agreement with Petoro for multiple petroleum-asset-related services, a long-term contract to support Vår Energi’s seven-well drilling campaign, and a contract extension with Equinor for providing blowout and well control studies.

Posted: about 1 month ago

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : OffshoreEnergy – https://www.offshore-energy.biz/abl-acquires-compatriot-energy-player-in-bid-to-strengthen-position-in-oil-gas-markets/

Tags: Acquirescompatriotnews
Previous Post

Another contractor gets FEED deal for North Sea gas platform

Next Post

Dolphin Drilling: No ‘permanent’ restraining order in place for rig in Nigeria

Nutritional supplements boost baby coral survival – EurekAlert!

How Nutritional Supplements Are Boosting Baby Coral Survival Rates

October 25, 2025
Scientists Are One Step Closer to Letting Humans ‘Breathe’ Through Their Butts – Yahoo

Scientists Are One Step Closer to Letting Humans ‘Breathe’ Through Their Butts – Yahoo

October 25, 2025
Bizarre Crystals in Titan’s Lakes Could Break a Fundamental Rule of Chemistry – ScienceAlert

Strange Crystals Found in Titan’s Lakes Challenge a Fundamental Chemistry Rule

October 25, 2025
Mortgage Rates Inch Toward 6% as Fed Weighs October Cut – IslanderNews.com

Mortgage Rates Surge Near 6% Amid Speculation of October Fed Rate Cut

October 25, 2025
Ghost Tapping is exploiting tap-to-pay technology in order to steal your money; what your need to know – ABC7 New York

Ghost Tapping: How Thieves Are Using Tap-to-Pay Technology to Steal Your Money and What You Need to Know

October 25, 2025
This Week in Sports Trivia: October 23, 2025 – The Athletic – The New York Times

Think You’re a Sports Expert? Take on This Week’s October 23, 2025 Trivia Challenge!

October 25, 2025
How to watch the 2025 MLB World Series: Dodgers vs. Blue Jays game schedule, channels, streaming, when is Shohei Ohtani starting and more – Yahoo Sports

Ultimate Guide to Watching the 2025 MLB World Series: Dodgers vs. Blue Jays Game Schedule, Channels, Streaming, and Shohei Ohtani’s Start Time

October 24, 2025
A circular economy approach for the global lithium-ion battery supply chain – Nature

Revolutionizing the Global Lithium-Ion Battery Supply Chain Through a Circular Economy Approach

October 24, 2025
CNN Launches New Show – What to Know About Host Elex Michaelson – Central Oregon Daily

Get to Know Elex Michaelson: The Dynamic New Host Taking CNN by Storm

October 24, 2025
Idaho Medicaid mental health contractor to cut doctor pay rates by 4%-15% – Idaho Capital Sun

Idaho Medicaid Mental Health Contractor to Cut Doctor Pay Rates by Up to 15%

October 24, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (885)
  • Economy (906)
  • Entertainment (21,777)
  • General (17,790)
  • Health (9,947)
  • Lifestyle (919)
  • News (22,149)
  • People (907)
  • Politics (916)
  • Science (16,117)
  • Sports (21,406)
  • Technology (15,886)
  • World (889)

Recent News

Nutritional supplements boost baby coral survival – EurekAlert!

How Nutritional Supplements Are Boosting Baby Coral Survival Rates

October 25, 2025
Scientists Are One Step Closer to Letting Humans ‘Breathe’ Through Their Butts – Yahoo

Scientists Are One Step Closer to Letting Humans ‘Breathe’ Through Their Butts – Yahoo

October 25, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version