Browsing Tag
Eni
78 posts
Rovuma LNG locks in $1.1bn of equipment as ExxonMobil targets 2026 FID
ExxonMobil and its Area 4 partners have committed about $1.1 billion to long-lead equipment for Mozambique’s 18.6mtpa Rovuma LNG project, with a newly disclosed $200 million to $250 million pipe package showing how far procurement is moving before the final investment decision.
Corinth Pipeworks lands up to $250m Rovuma LNG contract as ExxonMobil moves closer to Mozambique FID
Corinth Pipeworks has secured a $200 million to $250 million offshore pipeline package as ExxonMobil and its partners accelerate pre-FID spending on Mozambique’s Rovuma LNG.
Argentina LNG becomes largest RIGI filing at $51bn for Vaca Muerta gas
Argentina LNG's $51 billion RIGI application by Eni, YPF and XRG moves Vaca Muerta's floating export plan toward a final investment decision by end-2026.
Baker Hughes secures Kutei Northern Hub subsea award from Searah North Ganal
Baker Hughes will deliver 17 deepwater subsea trees for the Eni-Petronas $11.8bn Kutei Northern Hub project offshore Indonesia, targeting first gas in 2028.
BP posts $5.7bn Q2 underlying profit as new CEO Meg O’Neill orders a reset
BP Q2 underlying RC profit hits $5.7bn and the dividend rises 4%. New CEO Meg O'Neill admits BP wrote off too much value, orders a portfolio and cost reset.
Saipem, Subsea7 clear US antitrust hurdle as Saipem7 merger heads for H2 2026 close
Saipem cleared US antitrust for the €21bn-revenue Saipem7 merger with Subsea7, but a Brussels Phase II probe and an Australian in-depth review remain.
Fusion just pulled in another $1bn, and Commonwealth Fusion Systems is the market test
Commonwealth Fusion Systems’ latest $1 billion equity raise brings its total capital to $4 billion, but the real test is whether SPARC can unlock a financeable path to the ARC fusion power plant in Virginia.
TechnipFMC delivers 21% EBITDA margin as subsea execution accelerates, but $10bn order target now hinges on H2
TechnipFMC Q2 2026: revenue $2.76B, adj EPS $0.91, Subsea margin 23.2%. Guidance held, but $10B order target now needs $5.6B of H2 Subsea inbound.
Eni Q2 2026 profit doubles as Searah JV lifts production growth to 11%
Eni doubles Q2 profit to €2.3bn and lifts 2026 buyback to €3.4bn, but the raised guide leans on a Brent $85 scenario and forthcoming portfolio cash-ins.
SLB (NYSE: SLB) Q2 revenue rises 5% as ChampionX offsets Middle East decline
SLB beat Q2 estimates on $8.97B revenue, but ex-ChampionX sales fell 5% as Middle East disruption bit and Data Center Solutions revenue accelerated 63%.