Industry News

BW Ideol: Third Quarter 2023 Results

HIGHLIGHTS MATURING PROJECTS UNDER DEVELOPMENT Buchan Offshore Wind submitted Offshore Scoping Report as first major consenting process stepOffshore installation of electrical hub on the EolMed projectSouth Brittany bid submitted in October and preparation for...

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FPSO Liza Unity Purchase by ExxonMobil Completed

November 9, 2023 SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of the end of the maximum lease term, in February 2024. The purchase...

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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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