Industry News
Sunrun’s ‘CalReady’ Power Plant Supports California’s Grid with 16,200 Home Solar-Plus-Storage Systems
Sunrun creates the country’s largest virtual power plant to participate in statewide program designed to strengthen California’s stressed electrical grid and reduce blackouts by providing load generation during extreme eventsSAN FRANCISCO, May 08, 2024 (GLOBE...
EMGS reports first quarter 2024 results
Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the first quarter of 2024 are attached. Summary: * The Company recorded revenues of USD 0.2 million, down from USD 5.0 million in the first quarter of 2023 and...
Interoil Annual report 2023 published
Oslo, 8 May 2024 Please find attached the 2023 Annual report for Interoil Exploration and Production ASA and the independent audit report prepared by PricewaterhouseCoopers AS.The company publishes its annual financial statements also in European Single Electronic...
Weekly share repurchase program transaction details
May 8, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period May 2, 2024 through May 8, 2024. The repurchases were made under the EUR65 million share repurchase program announced on...
CGG Announces Alliance with Baker Hughes Offering Carbon Capture & Storage Solutions
Paris, France – May 8, 2024 CGG has signed a Memorandum of Understanding with Baker Hughes, an energy technology company, at the 2024 Offshore Technology Conference (OTC) in Houston to facilitate the parties exploring jointly offered carbon capture &...
Prosafe SE: First-quarter results 2024
(Figures in brackets refer to the corresponding period last year) 8 May 2024 – Prosafe SE reported EBITDA of USD 7.2 million (negative USD 6.4 million) for the first quarter of 2024. The year-over-year increase in EBITDA was mainly driven by higher utilisation, with...
SBM Offshore First Quarter 2024 Trading Update
May 8, 2024 Highlights Year-to-date Directional1 revenue of US$871 million, in line with expectationFull year 2024 Directional revenue and Directional EBITDA guidance maintainedCash dividend of US$150 million (equivalent to EUR0.7651 per ordinary share) approvedShare...
Key Information Relating to Cash Dividend
Oslo, 8 May 2024 - 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 on or...
PGS ASA: First Quarter 2024 Results
Good start to 2024 Highlights Q1 2024 Produced Revenues of $222.6 million, compared to $172.2 million in Q1 2023Produced EBITDA of $112.5 million, compared to $71.5 million in Q1 2023Produced EBIT (ex. Impairments and other charges, net) of $26.1 million, compared to...
DNO Acquires Portfolio of Producing Assets Boosting Position in Norne Area Offshore Norway
Oslo, 8 May 2024 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned subsidiary DNO Norge AS has entered into an agreement to acquire stakes in five oil and gas fields in the Norne area in the Norwegian Sea from Vår Energi...