(Oilandgaspress) -–KBR has made a strategic investment in Geolith, a global leader in Direct Lithium Extraction (DLE). This investment will support the global commercial deployment of Geolith’s DLE Li-Capt® technology. In 2024, KBR and GeoLith entered into an exclusive alliance agreement and this investment further advances...
(Oilandgaspress) -–Total Company revenue in the first quarter was $2,492.7 million. Net income attributable to TechnipFMC was $260.5 million, or $0.64 per diluted share. These results included after-tax charges and credits totaling $0.4 million of expense. Adjusted net income was $260.9 million, or $0.64 per...
(Oilandgaspress) -–Occidental announced today that its Board of Directors declared a regular quarterly dividend of $0.26 per share on common stock, payable on July 15, 2026, to stockholders of record as of the close of business on June 10, 2026. Information Source: Read More ...
(Oilandgaspress) -–Subsea 7 S.A. announced the award of a substantial¹ engineering, procurement, construction, and installation (EPCI) contract by ExxonMobil to Subsea Integration Alliance (SIA) for a subsea tie-back associated with the Redevelopment 2.0 Likembe Project in Block 15, offshore Angola. Project management and engineering will...
(Oilandgaspress) -– Clarksons Research has released key data points profiling the offshore oil & gas sector and associated vessel markets. Reviewing the data, Steve Gordon, Managing Director of Clarksons Research commented: • Offshore oil and gas contributes 16% of global energy supply, including 26.5m bpd of...
(Oilandgaspress) -– Saab UK proudly hosted the South regional heat of Global Underwater Hub’s (GUH) STEM Challenge at its Fareham campus, welcoming school pupils for a hands on introduction to underwater engineering and marine technology. Delivered by GUH in partnership with educational charity The Smallpeice...
(Oilandgaspress) -– Inspired by the iconic shape of the 911 and its characteristic flyline, the new Porsche Cayenne Coupé Electric models combine powerful proportions with exceptional e-performance. Visually and technically, they are among the most emotive and sporting cars in the whole SUV segment. At...
(Oilandgaspress) -– Porsche has agreed to sell its equity stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment firm. The relevant transaction agreements were signed on April 24th. Completion of the transaction remains subject to customary...
(Oilandgaspress) -– Eni, in collaboration with Doctors with Africa CUAMM, today announces the results of the “Projet Santé pour Tous”, a three-year initiative launched in 2023 to strengthen Côte d’Ivoire’s healthcare system, with a particular focus on maternal and child health and nutrition. The project has...
(Oilandgaspress) -– Air|Water 2026 brings together Porsche’s past, present and future. More than 9,500 people from around the world travelled to Costa Mesa, California, at the weekend, confirming Air|Water 2026 as a permanent fixture on the area’s vibrant automotive calendar. Returning to the OC Fair...
(Oilandgaspress) -– United Arab Emirates (UAE) has announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ alliance after more than five decades of membership. The decision will take effect on May 1. The UAE's departure represents a milestone for...
(Oilandgaspress) -– KBR announced today its Mission Technology Solutions business has been awarded a new Indefinite Delivery/Indefinite Quantity (IDIQ) multi-award contract with a ceiling value of $510 million to provide high-impact joint data and analytic support services to the Office of the Secretary of...