Industry News

PGS – 4D Contract Award

November 9, 2023, Oslo, Norway: PGS is awarded a 4D acquisition contract* offshore West Africa. Mobilization is scheduled for Q4 and the contract has a total duration of approximately 60 days. “We experience continued high activity in our core West African markets and...

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Prosafe SE: Recommendation from the Nomination Committee

Reference is made to the Notice of an Extraordinary General Meeting of Prosafe SE published on 26 October 2023 and the item regarding the election of members of the company’s Board of Directors. Please find attached the recommendation from the Nomination Committee....

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Company share-plan-related repurchase of 350,000 shares

November 9, 2023 On November 9, 2023, SBM Offshore will start the repurchase of 350,000 of its own ordinary shares to meet obligations from regular management and employee share programs. At yesterday’s closing price on Euronext Amsterdam, the program would cost...

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DNO Reports Spike in Third Quarter Production and Revenues

Oslo, 9 November 2023 – DNO ASA, the Norwegian oil and gas operator, today reported third quarter revenue of USD 141 million, up 142 percent from the previous quarter, on higher sales of oil and gas across its portfolio. Net quarterly production totaled 37,200 barrels...

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SBM Offshore Third Quarter 2023 Trading Update

 November 9, 2023 Highlights FEED contracts awarded by ExxonMobil Guyana for Whiptail development project in Guyana FPSO Liza Unity purchase option exercised by ExxonMobil Guyana; sale to be completed in November 2023 2023 Directional1 EBITDA guidance increased from...

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Key Information Relating to Cash Dividend

Oslo, 9 November 2023 - DNO ASA, the Norwegian oil and gas operator, today announced that pursuant to the authorization granted at the Annual General Meeting held on 25 May 2023, the Board of Directors has approved a dividend payment of NOK 0.25 per share to be made...

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EMGS reports third quarter 2023 results

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the third quarter of 2023 are attached. Highlights: * The Company recorded revenues of USD 1.6 million, down from USD 6.6 million in the third quarter of 2022 and...

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