Subsea 7 S.A. today announced the award of a large1 contract by Azule Energy in the framework of the Agogo Integrated West Hub Development Project, offshore Angola.The contract scope includes the transport and installation of approximately 98 kilometres of flexible pipes, 30 kilometres of umbilicals...
Neste and ILLIG have entered into a strategic partnership to advance the use of more sustainable solutions in the production of thermoformed plastic packaging through demonstration cases. Such cases aim to verify the drop-in nature of renewable and recycled materials for demanding applications – by...
EBITDA for the fourth quarter of 2022 was USD 21.8 million, down from USD 61.5 million in the third quarter of 2022, mainly due to a decrease in the realised oil price. One lifting to BW Energy is scheduled in the first quarter of 2023....
Nel has taken the final investment decision to expand the production capacity at its PEM electrolyser manufacturing facility in Wallingford, Connecticut. The expansion will bring annual production capacity towards 500 MW in 2025. “This is an important milestone for Nel,” says Nel’s CEO, Håkon Volldal. “With...
Nel ASA (Nel, OSE:NEL) reported revenues of NOK 414 million in the fourth quarter of 2022, up from NOK 248 million in the same quarter of 2021. Order intake was NOK 982 million, up 135% year-on-year, positively impacted by the NOK 600 million Woodside contract...
Africa Oil Corp. announces the posting of its 2022 statement of reserves on SEDAR as part of its Annual Information Form. This disclosure is based on an independent reserves evaluation, effective 31 December 2022, prepared by RISC (UK) Limited ("RISC") for Africa Oil in...
Africa Oil Corp. announced its operating and consolidated financial results for the three months and the year ended December 31, 2022, together with its 2023 Management Guidance. The Company is also pleased to provide a drilling update on its offshore interests in Namibia and Nigeria....
Occidental announced net income attributable to common stockholders for the fourth quarter of 2022 of $1.7 billion, or $1.74 per diluted share, and adjusted income attributable to common stockholders of $1.6 billion, or $1.61 per diluted share. Fourth quarter after-tax items affecting comparability of...
Occidental (NYSE: OXY) announced today that its Board of Directors has declared a regular quarterly dividend of $0.18 per share on common stock, payable on April 17, 2023, to stockholders of record as of the close of business on March 10, 2023. On an annual...
Full-Year 2023 Guidance Forecasted revenue for 2023 of approximately $900 million, an increase of 39.0% compared to full-year 2022 revenue of $647.7 million Forecasted 2023 vessel operating margin of approximately 50.0%, an increase of 11.9 percen...
HOUSTON--(BUSINESS WIRE)--Aris Water Solutions, Inc. (NYSE: ARIS) (“Aris,” “Aris Water,” or the “Company”) announced today that ExxonMobil has joined Aris’s previously announced strategic agreement (the “Agreement”) with Chevron U.S.A. Inc. (“Chevron”)...
TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) announced today that it has priced a public offering of $750 million of its 5.400% Senior Notes due 2026 at a price of 99.907 percent of par and $750 million of its 5.650% Senior Notes due 2033 at a p...