International Rig Count is down 9 rigs from last month to 806 with land rigs down 6 to 615, offshore rigs down 3 to 191. International Rig Count is up 111 rigs from last year's count of 695, with land rigs up 85, offshore rigs up...
GE Renewable Energy announced a minority investment in COBOD International, the company providing the 3D printer used at the Bergen research facility. Officials from both companies said the investment will build on an existing relationship with COBOD International, a leading player in 3D construction printing...
GE’s Grid Solutions business, a global power industry systems provider, and EPCIC (turnkey) platform and modules builder HSM Offshore Energy announced that they have signed a Memorandum of Understanding (MoU) to partner on further AC projects in Europe and beyond. This MoU can help accelerate...
Offshore wind developer Ørsted and North America’s Building and Trade Unions (NABTU) have agreed to a “historic” national project labor agreement (PLA) for offshore wind projects along the Atlantic Coast. The PLA is the described as a first-of-its-kind in the United States, ensuring Ørsted’s offshore wind...
Sixteen organisations from coastal communities in Cumbria and Lancashire are celebrating the news that they have been awarded a total of more than £250,000 in grants as part of Ørsted’s Walney Extension Community Fund. Launched in 2016, Ørsted has now supported 200 projects in the region...
Governments are trying to replace energy supplies from Russia are facing a nerve-wracking showdown with Moscow over its demands for payments in rubles, and the possibility that Russia will block supplies, as it did to Bulgaria and Poland. The Annual General Meeting of Odfjell SE...
LONDON--(BUSINESS WIRE)--$loco #esg--LocoSoco Group Plc (“LocoSoco”, “LOCO”), the platform that profits from distributing products & technologies that contribute to sustainability and is listed on the Direct Market segment of the Vienna MTF, is ple...
NEWBURY PARK, Calif.--(BUSINESS WIRE)--All amounts are in U.S. Dollars unless otherwise indicated: FIRST QUARTER HIGHLIGHTS Average production for the first quarter of 2022 was 1,054 BOEPD, an increase of 3% compared to first quarter of 2021 average...
Three Pilot Programs Will Shape How Electric Vehicles Can Help Power the Grid and Benefit Customers OAKLAND, Calif.--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) announced it will develop three new pilot programs to test how bid...
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Tuesday, May 10, at 11:00 a.m. EDT at the following event: Citi 2022 Global Energy, Utiliti...
TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), is pleased to announce it has established an at-the-market equity program (the "ATM Program") that allows the Company to issue and sell...
Revenue of $155 million, a 5% sequential increase Orders of $165 million and book-to-bill ratio of 1.06 Net loss of $9 million and diluted EPS of negative $1.62 Adjusted EBITDA of $9 million, a sequential increase of $5 million, or 112% HOUSTO...