Industry News

Baker Hughes Company Announces Third Quarter 2023 Results

Orders of $8.5 billion for the quarter, up 40% year-over-year.Revenue of $6.6 billion for the quarter, up 24% year-over-year.Net income attributable to Baker Hughes Company of $518 million for the quarter, up $534 million year-over-year. Adjusted net income...

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Baker Hughes Declares Quarterly Dividend

HOUSTON and LONDON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.20 per share of Class A common stock payable on Nov. 17, 2023, to holders of record on...

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PGS and TGS execute definitive merger agreement

Oslo, 25 October 2023: Reference is made to the joint announcement on 18 September 2023 made by PGS ASA ("PGS", OSE: PGS) and TGS ASA ("TGS", OSE: TGS) regarding the combination of the two companies (the "Merger") to establish the premier energy data company. PGS and...

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Prosafe SE: Grant of share options

As part of the Company’s long-term incentive program, the Board of Directors approved a share option program for part of the senior management team. The strike price for all options awarded is NOK 109.13 per share. The vesting period is three years, vesting one-third...

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Prosafe SE: Contemplated private placement

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL....

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Prosafe SE: Third quarter 2023 results

(Figures in brackets refer to the corresponding period of 2023)EBITDA for the third quarter was USD 8.4 million (USD 24.2 million). The decrease in EBITDA was mainly driven by lower utilisation during the quarter compared to 2022. Prosafe sees increased vessel demand...

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Webcast details for Orrön Energy’s Q3 presentation

Orrön Energy AB (“Orrön Energy”) will publish its financial report for the third quarter 2023 on Wednesday, 8 November 2023 at 07:30 CET, followed by a webcast at 14.00 CET. Listen to Daniel Fitzgerald, CEO and Espen Hennie, CFO commenting on the report and describing...

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