Industry News
BW Offshore: Decision related to mandatory offer for all shares in BW Energy from BW Group
Decision related to mandatory offer for all shares in BW Energy from BW Group Reference is made to the announcement made by BW Group Limited (the "Offeror") on 13 December 2023 regarding the launch of a mandatory offer for all issued and outstanding common shares of...
CGG Provides Q4 & Full Year 2023 Financial Update
Q4 2023 segment Revenue at around $316 million 2023 segment Revenue at around $1.12 billion, up 21% 2023 positive Net Cash-Flow of around $30 million Cash balance at year-end 2023 at around $325 million PARIS, France – January 10, 2024 Sophie Zurquiyah, CEO of CGG...
Battalion Oil Corporation Receives Notice of Non-Compliance From NYSE American
Houston, Texas, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced that on January 5, 2024 it received official notice on behalf of the NYSE American LLC indicating that, because the Company...
APA promotes Stephen J. Riney to position of President and Chief Financial Officer
HOUSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today that Stephen J. Riney has been promoted to president and chief financial officer. Riney has served as executive vice president and chief financial officer since joining APA in...
Evolution Petroleum Announces Acquisition of Non-operated Oil and Gas Assets
HOUSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the “Company”) announced today that it has entered into definitive agreements to acquire non-operated oil and natural gas assets in the SCOOP and STACK...
New CFD Study Shows the Impact of Pressure Drop Around Different Types of Tubing Anchor Catchers
An abrupt drop in pressure within the annular space around a TAC can lead to significant challenges like gas locking in rod pumps and the formation of scale SALT LAKE CITY , Jan. 09, 2024 (GLOBE NEWSWIRE) -- A new computational fluid dynamics (CFD) study from the...
Equinor ASA: Share buy-back
Please see below information about transactions made under the fourth tranche of the 2023 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR). Date on which the fourth tranche of the 2023 programme was announced: 27 October 2023. The duration of the fourth...
CGG and C-Questra Sign CCUS Cooperation Agreement
Paris, France – January 9, 2024 CGG, a global technology and HPC leader, and C-Questra, an independent European operator specializing in the CO2 storage value chain, have signed a commercial cooperation agreement in carbon capture, utilization, and...
PGS ASA: Q4 2023 Update
January 9, 2024, Oslo, Norway: Based on a preliminary review, PGS expects to report Revenues and Other Income according to IFRS for Q4 2023 of approximately $265 million, compared to $216.7 million in Q4 2022. The Company expects Produced Revenues* for Q4 2023 of...
EMGS – Vessel activity and multi-client sales update for the fourth quarter 2023
Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the...