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Varex equals 24% of Teledyne’s imaging sales, but its margin is less than half as high

A resident subsea robot inspects offshore oil and gas infrastructure, illustrating how autonomous systems could reduce vessel dependence, offshore crew exposure and the cost of routine subsea inspection and maintenance. Representative image.

Offshore oil and gas is quietly replacing vessel days with subsea robots

Babcock & Wilcox raised $230m at $18.50. Its $50m buyback can now reverse 44% of those new shares

Bashar al-Assad sentenced to death in Syria, but Russia asylum leaves justice dilemma unresolved

Representative image: A produced-water treatment facility in the Permian Basin reflects Western Midstream’s effort to convert oilfield wastewater into reclaimed freshwater, testing whether water reuse can become a new infrastructure growth business.

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Energy Industry News

Western Midstream (NYSE: WES) tests whether Permian wastewater can become its next growth business

Western Midstream is testing whether Permian produced water can become a new freshwater business. Discover what JIP 2 means for WES investors.

June 18, 2026

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