Browsing Tag
Eni
83 posts
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%.
Azule Energy approves Greater PAJ offshore oil project for 2029 start in Angola
Azule Energy approves Greater PAJ, targeting 85,000 boe/d from Angola by 2029. Explore the FPSO plan, partner stakes and execution risks now.
TechnipFMC wins another Angola order, but the bigger story is the $5.1bn project behind it
TechnipFMC wins a flexible pipe contract for Azule Energy’s $5.1bn Greater PAJ project. Discover what it means for $FTI shares and Angola’s offshore growth.
Audit shadow falls over TotalEnergies Mozambique LNG as government rejects $2bn claim
Mozambique rejects $2B in TotalEnergies LNG overrun claims after Bayphase audit, threatening the 2029 restart of the $20B Cabo Delgado project. Read more.
Agogo oil field: Angola’s deepwater turnaround project and how Azule Energy delivered first oil in under 30 months
Angola needs barrels. BP and Eni need clean ones. Agogo's pilot CCS FPSO is the test case for whether deepwater oil still earns capital.
European oil majors abandon unified energy transition framework as TotalEnergies, Shell, BP, Eni and Equinor pursue different paths
TotalEnergies hikes dividends. Shell buys back stock. BP retreats from transition. Eni engineers sell-downs. Equinor exits wind. Same oil price, five answers.