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)...
SBM Offshore awarded FSO contract for Woodside’s Trion development
August 8, 2024 SBM Offshore is pleased to announce that it has signed a contract with Woodside Petróleo Operaciones de México, S. de R.L. de C.V. (“Woodside”), operator of the Trion deepwater oil field development located in the Perdido Belt of the western Gulf of...
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...
Crew Energy Announces Q2 2024 Results Highlighted by a 67% Increase in Condensate Production Driving a 55% AFF Margin
CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) ("Crew" or the "Company"), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to...
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...
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...
Amplify Energy Announces Second Quarter 2024 Results, Beta Drilling Results and Updated Guidance
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today its operating and financial results for the second quarter of 2024. Key Highlights During the second quarter of 2024, the Company:...
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...
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...
NANO Nuclear Energy Appoints Prominent Nuclear Reactor Licensing Expert Eric R. Oesterle as its Head of Microreactor Regulatory Licensing
Figure 1 NANO Nuclear Energy Inc (NASDAQ: NNE) Appoints Eric R. Oesterle as its Head of Microreactor Regulatory Licensing. Mr. Oesterle joins NANO Nuclear Energy after a 38-year career in the public and private sector focused on developing policy, rulemaking and...