Industry News

ReconAfrica Announces Adoption of Shareholder Rights Plan

CALGARY, Alberta, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces that the Board of Directors of the Company has adopted a Shareholder Rights Plan with...

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Prosafe SE: Safe Caledonia contract further extended at Captain

8 January 2026, Oslo - Ithaca Energy (UK) Limited (‘Ithaca’) has exercised all three (3) remaining weeks of options for the Safe Caledonia to continue providing accommodation support at the Captain field in the UK sector of the North Sea through to 22nd February 2026....

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FRO – Strategic Fleet Renewal and Expansion

Acquisition and Sale of VLCCs Frontline plc (“Frontline”) (NYSE: FRO – OSE: FRO) announces a strategic fleet renewal initiative, involving both the acquisition of new vessels and the sale of older vessels. Sale of eight of its oldest 1st generation ECO VLCCs The...

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Weekly share repurchase program transaction details

Amsterdam, January 7, 2026 SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million1) share repurchase program for the period December 31, 2025 through January 7, 2026. The repurchases were made under the EUR141 million share...

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