TechnipFMC has been awarded a contract to supply flexible pipe and associated hardware for the first subsea life extension project by TotalEnergies EP Angola and its Block 17 Partners in West Africa. The contract covers the engineering, procurement, and supply of flowlines and connectors for...
Equinor has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at the Grand Bahama Island in the Bahamas. The terminal was purchased by Equinor in 2009 to enable the company to trade oil primarily originating from the...
Dana Incorporated (NYSE: DAN) today announced that it has been selected by the Wacker Neuson Group – a leading manufacturer of construction equipment – to provide the e-Propulsion system for its compact construction vehicle line-up in Europe, beginning with the Kramer electric wheel loader 5065e...
Brent Crude stood at $83.81/bl, OPEC basket price at US$82.02/bl. 10 Car Brands That Build The Most Reliable Engines. BMW - M50,Chevrolet - Small Block 350,Honda - K20A,Mazda - BP-Z3,Nissan - SR20DET,Porsche - M96,Saab - B235R,Toyota - 3RZ-FE,Volkswagen - 1200cc,Volvo - B20D. Some car brands have...
Quinbrook to invest over GBP 200 million in Scotland, building critical grid infrastructure that will support over 550 jobs whilst enabling a stable energy transition LONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners (“Quinbrook”), a speciali...
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported fourth quarter 2022 results. President and Chief Executive Officer Anton Dibowitz said, “I would like to thank the entire Valaris team for cont...
The confirmation comes after a recent round of financing commitments of $135.0 million was announced by the Company First FF 91 Futurist deliveries expected by the end of April, 2023 LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electr...
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income1 of $2.7 million, or $0.02 per diluted share, for the fourth quarter 2022 compared to net losses of $18.8 million, or $(0.12) per diluted share, for ...
SAN FRANCISCO--(BUSINESS WIRE)--Heirloom, a direct air capture company permanently removing carbon dioxide (CO2) from the atmosphere, and Leilac, a decarbonisation technology partner, have signed a Memorandum of Understanding (MOU) for the use of Leila...
Full Year 2022 Highlights and 2023 Guidance Revenue: $700 million, a 29% year-over-year increase Orders: $781 million and book-to-bill ratio of 112% Net Income: $4 million and diluted EPS of $0.62 Adjusted EBITDA: $59 million, a 194% increase ...
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) announced today that its Board of Directors has authorized a repurchase program for up to $200 million of Helix’s issued and outstanding shares. Owen Kratz, President a...
Fourth-Quarter 2022 Highlights Net sales of $621.6 million, up 24.9% year-over-year Adjusted EBITDA(1) of $51.5 million, up 50.6% year-over-year Diluted loss per share of $(4.10) which includes a non-cash impairment charge of $(4.89), $0.74 on a...