Cecon entered into a letter of intent (the "LOI") with a reputable Norwegian investor in relation to a potential investment in Cecon of up to NOK 250 million. The potential investment is subject to ...

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors, LLC, the principal bondholder under the ...

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors, LLC, the principal bondholder under the ...

Norwegian subsea contractor Cecon has finally signed contracts for completion of a trio of stalled newbuilds at a Canadian yard that will cost a total of C$244.5 million ($245 million). The firstof ...

Cecon ASA has entered into an Agreement with Deepflex Inc. Houston, whereby Deepflex has chartered both the two Cecon Newbuildings for 150 days per year each for a firm period of five years, plus ...

Under the deal, York Capital Management Global Advisors has committed to a multi-tranche senior secured bond issue of up to $107.5 million to buy out an existing loan with Export Development Bank of ...

Becht Engineering, Co. has purchased The Cecon Group, an engineering and science business consulting company based in Wilmington. Terms of the transaction were not announced. Cecon will now operate as ...

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