Browsing Tag
Equinor
169 posts
SLB shares jump 7% as Q3 revenue reaches $9.45bn, but margins remain below 2025
SLB delivered stronger third-quarter revenue, free cash flow and sequential operating profitability as Middle East activity recovered and data-centre infrastructure demand accelerated, although organic growth and year-on-year margins reveal a more complicated earnings picture.
UK approves Jackdaw gas field as £2bn energy fund accompanies North Sea shift
Britain has authorised production at the Jackdaw North Sea gas field, which is expected to increase domestic gas output by around 6% at peak while a new fund directs oil and gas revenues toward low-carbon investment.
Weatherford profit jumps 208% sequentially as margins and free cash flow rebound
Weatherford beat Q3 EPS estimates as margins and free cash flow surged. See why debt reduction and a stronger Q4 outlook matter for $WFRD.
Apollo enters Uniper auction as Germany looks to unwind its 99% energy rescue stake
Apollo Global Management has reportedly submitted a non-binding bid for German energy group Uniper as Berlin prepares to reduce its 99.12% holding and potentially return one of Europe’s largest state-rescue assets to private ownership.
Transocean adds $1.1bn to firm backlog as Equinor and Shell contracts strengthen Norway position
Transocean adds about $1.1 billion to firm backlog through Equinor and Shell contracts. Find out what the awards could mean for RIG investors.
Ithaca Energy (LSE: ITH) lifts 2026 dividend as Rosebank moves toward first oil
Ithaca Energy has raised its 2026 dividend guidance to $500 million to $530 million after record second-quarter production, while Rosebank’s first production window has narrowed to the first half of 2027.
Offshore oil and gas is quietly replacing vessel days with subsea robots
Resident subsea robots, autonomous inspection vehicles and remotely operated uncrewed vessels are beginning to perform offshore oil and gas work once tied to large support vessels and offshore crews. Commercial operations involving Equinor, Saipem, Reach Subsea and Oceaneering International show how robotics could reduce vessel days, personnel exposure and inspection costs, although intervention capability, subsea infrastructure, communications and regulatory acceptance still determine how far vessel-free operations can go.
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.
Greater PAJ Project: Angola’s $5bn cross-block offshore oil development moves into execution in 2026
The Greater PAJ Project offshore Angola has reached final investment decision, with Azule Energy and its partners advancing a five-field deepwater development that will use a new 95,000 barrels-per-day FPSO to bring first oil in the first half of 2029.
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.