Industry News

Agreement to focus on creation of 100% ammonia combustion dual fuel with natural gas small-size turbinesAmmonia is a low-carbon fuel that can play a critical role in decarbonizing hard-to-abate sector, including marine transportation Collaboration to deliver...

Baker Hughes to supply production chemicals for Errea Wittu and Jaguar FPSOsOffshore developments feature combined 500,000 barrels per day capacity FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced...

(Figures in brackets refer to the corresponding period last year) 31 January 2025 – Prosafe SE reported EBITDA of USD 4.9 million (negative USD 2.7 million) for the fourth quarter of 2024. The company had four active vessels during the quarter. Operations and HSSE...

Amsterdam, January 31, 2025 SBM Offshore confirms it has completed the transactions related to the Share Purchase Agreements announced on September 6, 2024 with its partner MISC Berhad for: i)   the acquisition of MISC Berhad’s entire effective equity interest in the...

Orrön Energy AB (“Orrön Energy”) will publish its financial report for the fourth quarter and full year 2024 on Wednesday 12 February 2025 at 07:30 CET, followed by a Capital Markets Day presentation at 14:00 CET. Listen to Daniel Fitzgerald, CEO and Espen Hennie, CFO...

Fourth-quarter highlights Orders of $7.5 billion, including $3.8 billion of IET orders.RPO of $33.1 billion, including IET RPO of $30.1 billion.Revenue of $7.4 billion, up 8% year-over-year.GAAP diluted EPS of $1.18 and adjusted diluted EPS* of $0.70.Adjusted EBITDA*...

HOUSTON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced that it plans to release its fiscal second quarter 2025 financial and operating results on Tuesday, February 11, 2025, after...

HOUSTON and LONDON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $0.23 per share of Class A common stock payable on Feb. 21, 2025, to holders of...

Contract awarded by Tecnicas Reunidas for six gas compression trains and six propane compressors, including balance of plants and auxiliariesState-of-the-art technologies to support third expansion phase of the largest unconventional gas field in Saudi Arabia HOUSTON...

Baker Hughes to supply power island and liquefaction train systems, and signs multi-year services frame agreement to support phases 1 and 2 of Plaquemines LNG projectAs a strategic LNG solutions supplier, Baker Hughes to help Venture Global deliver 100+ MTPA of...