(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...
(Oilandgaspress) -–TRATON GROUP got off to a slow start to 2026, yet anticipates improved business performance in the coming quarters due to an increase in incoming orders and confirms its full-year forecast. While unit sales dropped by 6% to 68,600 vehicles (3M 2025: 73,000 vehicles)...
(Oilandgaspress) Oil prices were up on Wednesday with Brent rising to over $114 and WTI exceeding $100 per barrel, due to the stalled U.S.-Iran negotiations and the possibility of an extended U.S. blockade outside the Strait of Hormuz. U.S. President Donald Trump has reportedly instructed...
(Oilandgaspress) -–The United Arab Emirates will leave OPEC and OPEC+ - the world's largest oil-producing blocs, which control roughly 40-50 per cent of global output and influence prices through production quotas - from May 1, the country's state-run WAM news agency reported on Tuesday. This signals...
TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on June 3, 2026 to shareholders of record as of the close of business on the New York Stock Exchange on...