Industry News
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...
DNO Reports Strong First Quarter Results, Steps Up North Sea Activity
Oslo, 8 May 2024 – DNO ASA, the Norwegian oil and gas operator, today reported first quarter 2024 operating profit of USD 61 million, 61 percent higher than the previous quarter, on the back of revenues totaling USD 183 million. Free cash flow at USD 44 million was up...
Report on Voting From the 2024 Annual and Special Shareholders Meeting
CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- (TSX - NVA) NuVista Energy Ltd. ("NuVista") announces that the following matters were approved at the annual and special meeting of the shareholders of NuVista held on May 7, 2024. Each of the matters is described in...
NANO Nuclear Energy Announces Pricing of Initial Public Offering
NANO Nuclear Energy Inc Figure 1 - NANO Nuclear Energy Inc. (NASDAQ: NNE) Announces Initial Public Offering New York, N.Y., May 07, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”) today announced the pricing of its initial public...