Industry News

SBM Offshore doubles its share repurchase program

August 8, 2024 SBM Offshore is pleased to announce that the EUR65 million (c. US$70 million) share repurchase program effective from March 1, 2024 (the “Structural Buyback”), has been increased by an additional amount of EUR65 million (c. US$71 million equivalent1)...

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SBM Offshore Half Year 2024 Earnings

August 8, 2024 Highlights 2024 Directional1 EBITDA guidance increased from around US$1.2 billion to around US$1.3 billion2024 Directional revenue guidance increased from around US$3.5 billion to above US$3.8 billion US$3.4 billion net increase of pro-forma Directional...

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BGX Acquires Strategic Option in the Illinois Basin

Black Gold Exploration diversifies and expands its portfolio into the United StatesVANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) -- BGX - Black Gold Exploration Corp. (CSE:BGX), (FRA:P30), (“BGX”, “Black Gold Exploration” or the “Company”), a dynamic...

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Weatherford Releases Annual Sustainability Report

HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” the “Company,” “we,” “us,” and “our”) announced today the release of its annual Sustainability Report, which shares the Company’s latest advancements in...

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Weekly share repurchase program transaction details

August 7, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period August 1, 2024 through August 7, 2024. The repurchases were made under the EUR65 million share repurchase program...

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Extraordinary General Meeting of Orrön Energy AB

An Extraordinary General Meeting of Shareholders (the “EGM”) of Orrön Energy AB (“Orrön Energy” or the "Company") was held today, Wednesday 7 August 2024, in Stockholm. The EGM resolved, in accordance with the Board of Directors' proposal, to amend the Articles of...

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