Industry News

Report for the six months ended 30 June 2024

Highlights Power generation amounted to 456 GWh for the reporting period, representing an increase of more than 20 percent compared to 378 GWh in the same period in the previous year, and was around ten percent below expectations primarily as a result of weak wind...

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SBM Offshore doubles its share repurchase program

August 8, 2024 SBM Offshore is pleased to announce that the EUR65 million (c. US$70 million) share repurchase program effective from March 1, 2024 (the “Structural Buyback”), has been increased by an additional amount of EUR65 million (c. US$71 million equivalent1)...

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SBM Offshore Half Year 2024 Earnings

August 8, 2024 Highlights 2024 Directional1 EBITDA guidance increased from around US$1.2 billion to around US$1.3 billion2024 Directional revenue guidance increased from around US$3.5 billion to above US$3.8 billion US$3.4 billion net increase of pro-forma Directional...

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BGX Acquires Strategic Option in the Illinois Basin

Black Gold Exploration diversifies and expands its portfolio into the United StatesVANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) -- BGX - Black Gold Exploration Corp. (CSE:BGX), (FRA:P30), (“BGX”, “Black Gold Exploration” or the “Company”), a dynamic...

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Weatherford Releases Annual Sustainability Report

HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” the “Company,” “we,” “us,” and “our”) announced today the release of its annual Sustainability Report, which shares the Company’s latest advancements in...

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Weekly share repurchase program transaction details

August 7, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period August 1, 2024 through August 7, 2024. The repurchases were made under the EUR65 million share repurchase program...

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Extraordinary General Meeting of Orrön Energy AB

An Extraordinary General Meeting of Shareholders (the “EGM”) of Orrön Energy AB (“Orrön Energy” or the "Company") was held today, Wednesday 7 August 2024, in Stockholm. The EGM resolved, in accordance with the Board of Directors' proposal, to amend the Articles of...

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