acquisition

BP acquires fibre optics developer Fotech

Launchpad, the business development branch of BP, has bought the majority stake in fibre optic innovation company Fotech. Fotech was…

Shelf Drilling to acquire Ocean Scepter jack-up drilling rig

Shelf Drilling has signed a definitive agreement to acquire Ocean Scepter jack-up drilling rig from the subsidiaries of Diamond Offshore.…