Industry News

Baker Hughes Declares Quarterly Dividend

HOUSTON and LONDON, April 23, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on May 15, 2026, to holders of record on...

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Weekly share repurchase program transaction details

Amsterdam, April 22, 2026 SBM Offshore reports the transaction details related to its EUR227 million (US$270 million1) share repurchase program for the period April 16, 2026 through April 22, 2026. The repurchases were made under the EUR227 million share repurchase...

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LUFKIN Introduces SROD™ V9.5.0

Technology Enables Engineers to Seamlessly Import Well Design Files from Various Platforms to Optimize Design, Further Advancing the Leading Rod Design PlatformMISSOURI CITY, Texas, April 22, 2026 (GLOBE NEWSWIRE) -- LUFKIN Industries, a pioneer in rod lift...

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Webcast details for Orrön Energy’s Q1 presentation

Orrön Energy AB (“Orrön Energy”) will publish its financial report for the first quarter 2026 on Wednesday, 6 May 2026 at 07:30 CEST, followed by a webcast at 14:00 CEST. Listen to Daniel Fitzgerald, CEO and Espen Hennie, CFO commenting on the report and describing...

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Valeura Charters the Enterprise Drilling Rig

SINGAPORE, April 22, 2026 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") has agreed to charter the Shelf Drilling Enterprise jack-up drilling rig for a three-year term that runs to 31 December 2029.  Valeura has an option...

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BW Offshore: 2026 Annual General Meeting – Notice

2026 Annual General Meeting – Notice Notice is hereby given that the 2026 Annual General Meeting of BW Offshore Limited will be held at 18 Rebecca Road, Southampton, SN04, Bermuda, on 14 May 2026 at 2:00 p.m. (Bermuda time). Please see the attached documents in...

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Weatherford Announces First Quarter 2026 Results

First quarter revenue of $1,152 million decreased 3% year-over-yearFirst quarter operating income of $123 million decreased 13% year-over-yearFirst quarter net income of $108 million increased 42% year-over-year; net income margin of 9.4%First quarter adjusted EBITDA*...

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