FPSO Almirante Tamandaré producing and on hire

Amsterdam, February 19, 2025 SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. FPSO Almirante Tamandaré is...

Transocean Ltd. Reports Fourth Quarter and Full Year 2024 Results

   Three months ended    Three months ended    December 31,  September 30,    sequential December 31,     year-over-year 2024 2024 change 2023 change(In millions, except per share amounts, percentages and backlog)              Contract drilling...

Weatherford Announces Fourth Quarter and Full Year 2024 Results

Fourth quarter revenue of $1,341 million decreased 5% sequentially and 2% year-over-year; full year revenue of $5,513 million increased 7% from prior year, driven by international revenue growth of 10%Fourth quarter operating income of $198 million decreased 19%...

ChampionX Reports Fourth Quarter and Full Year 2024 Results

Fourth-quarter revenue of $912.0 millionFourth-quarter net income attributable to ChampionX of $82.8 millionFourth-quarter adjusted EBITDA of $212.3 millionFourth-quarter income before income taxes margin of 13.0%Fourth quarter adjusted EBITDA margin of...