(Oilandgaspress) - Saipem announces that it has reached an agreement with Deep Value Driller AS (“DVD”) on the main terms and conditions for the acquisition of the seventh generation mobile offshore drilling unit Deep Value Driller. The agreed purchase price amounts to 272.5 million USD....
(Oilandgaspress) - Valaris has secured new contracts and extensions totaling nearly $900 million in additional backlog since its last fleet update in October 2025, driven by continued demand for offshore drilling and support services across multiple regions. Total contract backlog has increased to approximately $4.7...
(Oilandgaspress) - -- New heavy goods vehicle (HGV) registrations declined by -10.0% in 2025 with 40,504 new trucks joining UK roads, according to the latest data published by the Society of Motor Manufacturers and Traders (SMMT). The market contracted every quarter last year, reflecting a...
The UK’s shift to cheap, clean transport got a major boost with the launch of ‘Octopus Fleet’ – the one-stop shop for all businesses looking to electrify their fleet operations with ease. Whether businesses are just getting started with EVs or already going full throttle, Octopus Fleet offers the ultimate mix-and-match...
(Oilandgaspress) - -- Octopus Energy Generation, one of Europe’s leading investors in renewable energy, is injecting nearly $1 billion in California’s next-gen tech scene – deepening its foothold in one of the world’s most advanced clean energy markets. Through its funds, Octopus will back two Californian...
(Oilandgaspress) - -- Occidental announced a net loss attributable to common stockholders of $68 million, or $0.07 per diluted share, and adjusted income attributable to common stockholders of $315 million, or $0.31 per diluted share, for the fourth quarter of 2025. The difference between net...
(Oilandgaspress) - The consolidated financial statements of Renault Group and the company accounts of Renault SA at December 31, 2025, were approved by the Board of Directors on February 18, 2026, under the chairmanship of Jean-Dominique Senard. Group revenue reached €57,922 million, up 3.0% compared to 2024. At...
(Oilandgaspress) - SkyNRG has reached financial close for its SAF production facility DSL-01 at the Delfzijl chemical park in the north of the Netherlands. Once operational, it will produce 100,000 tonnes of SAF each year and 35,000 tonnes of sustainable by-products including biobased propane, butane,...
(Oilandgaspress) - Rohde & Schwarz, the leading manufacturer of cutting-edge millimeter-wave personnel screening solutions used at airports, government buildings, correction facilities, data centers, and high-security applications, has been awarded a contract by the Israel Airport Authority (IAA) to supply multiple QPS201 security scanners to passenger...
(Oilandgaspress) - A new market study projects strong expansion in the global sustainable aviation fuel (SAF) and e-fuels supply chain, with the market estimated at approximately US$3.30 billion in 2026 and forecast to grow at a compound annual rate of about 28.8% through 2036. The analysis...
(Oilandgaspress) - Measuring just over four meters in length and comfortable seating for five the MINI Aceman bridges the size gap between MINI Cooper and MINI Countryman models. The fully electric MINI Aceman SE (WLTP combined: energy consumption 14.7 kWh/100 km; CO2 emissions 0 g/km;...
(Oilandgaspress) - Porsche AG, Porsche Engineering, Studio F. A. Porsche, and boat-building company Frauscher have jointly developed the 850 Fantom Air—a sports boat with an electric powertrain that is based on standard components of the Porsche Macan Turbo. The project shows how Porsche Engineering is...