Industry News

Ring Energy Announces Management Team Changes

THE WOODLANDS, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced management team changes, including the pending departure of two senior executives. Mr. Stephen D. Brooks, Ring’s Executive Vice...

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Weatherford Announces Second-Quarter 2024 Conference Call

HOUSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, July 24, 2024 to discuss the Company’s results for the second quarter ended June 30, 2024. The conference...

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Prosafe SE: Operational Update – June 2024

Oslo, 20 June 2024  Fleet utilisation for May 2024 was 57 percent.   All operational rigs, Safe Eurus, Safe Notos, Safe Zephyrus and Safe Concordia, achieved 100 percent utilisation in May 2024.   Prosafe entered into a Conditional Letter of Intent (CLoI) for Safe...

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TGS and PGS – key dates for completion of merger

Oslo, Norway (20 June 2024) - Reference is made to the joint stock exchange announcement on 18 September 2023 by TGS ASA ("TGS" or the "Company," OSE: TGS) and PGS ASA ("PGS," OSE: PGS) regarding the combination of the two companies (the "Merger") to establish the...

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Weekly share repurchase program transaction details

June 19, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period June 13, 2024 through June 19, 2024. The repurchases were made under the EUR65 million share repurchase program announced...

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Awilco Drilling Plc: Settlement of Arbitration Cases

Further to the stock exchange release of 1 May 2024 from Awilco Drilling PLC ("Awilco Drilling") regarding the termination of the newbuilding contract between Awilco Rig 2 Pte. Ltd. ("AR2") and Keppel FELS Limited ("KFELS") for the construction of a semi-submersible...

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EMGS: Annual general meeting held

The annual general meeting (the "AGM") of Electromagnetic Geoservices ASA ("EMGS" or the "Company") was held today, 19 June 2024 at 11:00 CEST. All items were resolved in accordance with the board of directors' proposals and the Nomination Committee's recommendations....

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DNO Racks Up Discoveries in its Offshore Norway Core Area

Oslo, 19 June 2024 – DNO ASA, the Norwegian oil and gas operator, today announced a gas condensate discovery on the Cuvette prospect in the Norwegian North Sea licenses PL248F and PL248GS in which the Company’s wholly-owned subsidiary DNO Norge AS holds a 20 percent...

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