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Nine Energy Service Inc.

0.6914

-0.0215-3.02%

Post-market: 0.70020.0088+1.27%19:55 EDT

Volume:1.35M

Turnover:961.19K

Market Cap:29.28M

PE:-0.66

High:0.7450

Open:0.7200

Low:0.6840

Close:0.7129

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Overview Company News Filings

SDRL Bids Farewell to 2007-Built West Prospero, Optimizes Rig Fleet

NE Lands New Drilling Contracts in Ghana & the U.S. Gulf of Mexico

Seadrill Lands Two Drillship Contracts in Brazil, Boosts Order Backlog

3 Top Small-Cap Value Stocks for Energy Rebound in 2025

BP Partners With Seatrium for Kaskida Project in Gulf of Mexico

Equinor Joins Forces With Bergen Tankers for Low-Emission Hybrid Ships

Kosmos Energy Steps Back From Tullow Oil Acquisition Plans

Equinor Hits a Dry Spell With Two North Sea Exploration Wells

Phillips 66 Sets $3B 2025 Capital Program Focused on Growth

Petrobras and CSN to Build Low-Carbon Hydrogen Plant in Brazil

ExxonMobil Finalizes $535M Liza Destiny FPSO Purchase

Kinder Morgan Advances $1.4B Mississippi Pipeline Project

Phillips 66 Optimizes Portfolio With $865M Pipeline Sale

Equinor Merges UK Offshore Wind Projects for Cost Efficiency

Equinor, Var Energi Explore Tie-Back Policy for New Barents Sea Oil Find

BP and XRG Close Deal to Launch Arcius Energy in Egypt

ExxonMobil Hits 1,000-Well Milestone in New Mexico Delaware Basin

Northern Oil and Gas Inks $160M Appalachia Development Program

Subsea7 Secures New Decommissioning Contract From Saudi Aramco

Kosmos Energy Considers All-Share Acquisition of Tullow Oil

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The divestment of West Prospero aligns with the company’s broader objective to withdraw from the benign jack-up market and optimize its rig fleet. The monetization of non-core assets also enables the firm to improve its financial position.The West Prospero jack-up rig was constructed in the KFELS yard in Singapore in 2007. The rig has a maximum drilling capacity of 40,000 feet and can operate in water depths of up to 400 feet. Seadrill mentioned that the rig was previously used for offshore operations in Northeast Africa and Southeast Asia.At the end of the third quarter of 2024, Seadrill had four cold-stacked jack-up rigs, including West Prospero. As of November 2024, its total backlog was $2.3 billion.TechnipFMC is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company’stotal backlog witnessed a high of $14.7 million in the third ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/sdrl-bids-farewell-2007-built-183900554.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4092","FTI","LU0053671581.USD","BK4179","LU0300736062.USD","LU0300736492.USD","NINE","LU0054578231.USD","OII","SDRL"],"gpt_icon":0},{"id":"2494941108","title":"NE Lands New Drilling Contracts in Ghana & the U.S. Gulf of Mexico","url":"https://stock-news.laohu8.com/highlight/detail?id=2494941108","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494941108?lang=en_us&edition=fundamental","pubTime":"2024-12-27 02:07","pubTimestamp":1735236420,"startTime":"0","endTime":"0","summary":"Noble Corporation plcNE, an offshore drilling contractor, has secured work for two of its drillships, the Noble Venturer and Noble Globetrotter I. The Noble Venturer drillship has won a contract with Tullow Oil for its Ghanaian subsidiary, Tullow Ghana. The Noble Globetrotter I drillship has secured work in the U.S. Gulf of Mexico. The client’s name has not been disclosed yet.Under the first contract, the Noble Venturer drillship would begin operations offshore Ghana in 2025. The drillship will start this campaign directly after completing its contract with Rhino Resources. Per the terms of the contract, a total of six firm wells are to be drilled in the region. The first two wells will be drilled within 120 days. After that, the drillship will be suspended from the contract until year-end 2025 at zero rate.Oceaneering International delivers integrated technology solutions across all stages of the offshore oilfield lifecycle. The company is a leading offshore equipment and technology s","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ne-lands-drilling-contracts-ghana-180700170.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0300736062.USD","IE0002270589.USD","IE00B19Z3B42.SGD","FTI","BK4092","LU0054578231.USD","LU0300736492.USD","NINE","IE00B7SZLL34.SGD","OII","LU0053671581.USD","IE00B19Z3581.USD","NE","BK4179"],"gpt_icon":0},{"id":"2494894117","title":"Seadrill Lands Two Drillship Contracts in Brazil, Boosts Order Backlog","url":"https://stock-news.laohu8.com/highlight/detail?id=2494894117","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494894117?lang=en_us&edition=fundamental","pubTime":"2024-12-27 02:07","pubTimestamp":1735236420,"startTime":"0","endTime":"0","summary":"Seadrill LimitedSDRL, an offshore drilling contractor based in the United States, has secured a contract from Petrobras , the Brazilian state-owned energy firm, for its West Tellus drillship. The contract involves work for the Sépia and Atapu fields in the Santos Basin, off the coast of Brazil.Seadrill won the drillship contract following a rigorous bidding process. The contract has a duration of 1,095 days and is expected to contribute approximately $498 million to its order backlog. The total contract value includes additional services but excludes the mobilization fee. The company needs to pay an additional $41 million toward mobilization fees. Additionally, the contract includes an option to increase the duration by another 305 days.Oceaneering International delivers integrated technology solutions across all stages of the offshore oilfield lifecycle. The company is a leading offshore equipment and technology solutions provider to the energy industry. The company's proven ability t","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/seadrill-lands-two-drillship-contracts-180700386.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0053671581.USD","LU0300736062.USD","FTI","BK4588","LU0256859116.SGD","PBR","LU1051768304.USD","OII","LU0651947912.USD","LU1051769294.HKD","SDRL","BK4585","BK4179","IE00B1B80R65.USD","LU0788109048.HKD","LU0072463663.USD","BK4092","LU1515016050.SGD","LU0054578231.USD","LU0265266980.USD","BK4548","LU0651946864.USD","NINE","BK4201","LU0572108347.SGD","LU0106259046.USD","LU0300736492.USD"],"gpt_icon":0},{"id":"2494874867","title":"3 Top Small-Cap Value Stocks for Energy Rebound in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2494874867","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494874867?lang=en_us&edition=fundamental","pubTime":"2024-12-26 22:14","pubTimestamp":1735222440,"startTime":"0","endTime":"0","summary":"For Wall Street, 2024 has been a story of triumph, fueled by robust economic growth and easing inflation. The S&P 500 has surged 29.5% year to date, reaching record highs over 50 times.Amid this bullish wave, the Oil/Energy sector has struggled, delivering just 4.4% in total returns — far below the broader market’s performance. Yet, this underperformance offers a unique opportunity. Several oil stocks appear poised for a rebound in 2025, making this an opportune moment for investors to fortify their energy portfolios.Small-cap stocks, typically valued at $1 billion or less, have a unique allure for investors with an eye on growth. History shows that many of today’s corporate giants started small, offering early investors massive returns. These under-the-radar gems often hold the potential to become the next market darlings, delivering multibagger returns over time.Yet, small-cap investing is not without risk. These stocks are more volatile than their large-cap counterparts,","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/3-top-small-cap-value-141400199.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["TUWOY","BK4585","OEX","BK4550",".SPX","IVV","SH","ESmain","VOO","BK4179","BK4588","SPY","SSO","BK4581","OEF","BK4504","BK4213","FTK","BK4534","NINE","BK4109","BK4559","SPXU","SDS"],"gpt_icon":1},{"id":"2494863113","title":"BP Partners With Seatrium for Kaskida Project in Gulf of Mexico","url":"https://stock-news.laohu8.com/highlight/detail?id=2494863113","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494863113?lang=en_us&edition=fundamental","pubTime":"2024-12-26 20:27","pubTimestamp":1735216020,"startTime":"0","endTime":"0","summary":"BP plc’s subsidiary, BP Exploration & Production, has awarded an engineering, procurement, construction, and commissioning  contract to Singapore’s Seatrium for a new floating production unit  destined for the Gulf of Mexico. This agreement builds upon a letter of intent signed in June 2024 for early engineering work on the project.The FPU, part of BP’s Kaskida greenfield development project, will be located approximately 250 miles southwest of New Orleans in the Keathley Canyon area. Designed to produce 80,000 barrels of oil per day in its first development phase, the FPU will operate in a water depth of around 6,000 feet, supported by subsea wells.Kaskida represents BP’s sixth-operated project in the prolific and high-margin U.S. Gulf of Mexico basin. Thanks to advancements in 20,000-psi  well technology and enhanced seismic imaging, the development marks a significant step in tapping into 10 billion barrels of discovered resources.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/bp-partners-seatrium-kaskida-project-122700814.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0300736062.USD","BK4588","LU0162691827.USD","LU0054578231.USD","BP","LU0053671581.USD","BK4183","FTI","NINE","LU0072461881.USD","LU1162221912.USD","BK4179","LU1829250122.USD","LU0300736492.USD","BK4585","BK4201","EPC","LU0320765646.SGD","OII"],"gpt_icon":0},{"id":"2494863160","title":"Equinor Joins Forces With Bergen Tankers for Low-Emission Hybrid Ships","url":"https://stock-news.laohu8.com/highlight/detail?id=2494863160","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494863160?lang=en_us&edition=fundamental","pubTime":"2024-12-26 20:24","pubTimestamp":1735215840,"startTime":"0","endTime":"0","summary":"Equinor ASA EQNR, the Norwegian energy giant, has signed a long-term time charter agreement with Bergen Tankers to acquire two electric hybrid oil and chemical tankers. This partnership highlights Equinor’s commitment to maintaining sustainability and reducing maritime emissions.The vessels, each with a 6,500 deadweight ton  capacity, will be constructed by Zhoushan Dashenzhou Shipbuilding in China. Designed to set new benchmarks for low emissions along the Norwegian coast, these tankers will join the NOR fleet, showcasing advanced technology and eco-friendly innovations.The ships will be equipped with electric hybrid controllable pitch propeller propulsion systems, incorporating battery packages and shore power capabilities. Developed in collaboration with Marine Design and Consulting , the vessels’ design ensures optimal efficiency, reduced energy consumption and lower emissions. Notably, the power systems on these ships are adaptable to alternative fuels such as ammonia, methanol, b","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/equinor-joins-forces-bergen-tankers-122400300.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","NINE","MDC","BK4588","OII","FTI","LU0053671581.USD","LU0300736492.USD","EQNR","LU0054578231.USD","LU0300736062.USD","BK4201","BK4179","BK4088"],"gpt_icon":0},{"id":"2493038412","title":"Kosmos Energy Steps Back From Tullow Oil Acquisition Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2493038412","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493038412?lang=en_us&edition=fundamental","pubTime":"2024-12-24 22:09","pubTimestamp":1735049340,"startTime":"0","endTime":"0","summary":"Kosmos EnergyKOS, a U.S.-based oil and gas firm, has announced that it no longer wishes to acquire Tullow Oil TUWOY, a West Africa-focused upstream energy company. It did not state any specific reason for the decision. The announcement came in a few days after the two companies announced that they had engaged in preliminary talks for an all-share acquisition of Tullow Oil.The potential merger might have resulted in a combined entity with a production capacity of more than 130,000 barrels of oil equivalent per day , as per the 2024 forecast released by the two firms. The combination of the two companies would have established a leading exploration and production (E&P) firm with its operations focused on the western coast of Africa, including Mauritania, Senegal, Ghana, Equatorial Guinea and the U.S. Gulf of Mexico.TechnipFMC plc is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company’stotal backlog witne","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/BjBWqXNowMotji7Nf31eew--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/09d03d5d41a4473656f1013d9201242c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/BjBWqXNowMotji7Nf31eew--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/09d03d5d41a4473656f1013d9201242c"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/kosmos-energy-steps-back-tullow-140900155.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["FTI","NINE","KOS"],"gpt_icon":0},{"id":"2493361082","title":"Equinor Hits a Dry Spell With Two North Sea Exploration Wells","url":"https://stock-news.laohu8.com/highlight/detail?id=2493361082","media":"Zacks","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493361082?lang=en_us&edition=fundamental","pubTime":"2024-12-24 20:43","pubTimestamp":1735044180,"startTime":"0","endTime":"0","summary":"Equinor ASA EQNR has hit a dry spell in its latest North Sea exploration efforts. Two wells drilled with Odfjell Drilling’s Deepsea Stavanger semi-submersible rig off the coast of Norway failed to uncover hydrocarbons. These wildcat wells, identified as 35/10-14 S and 35/10-14 A, also known as theKvernbit/Mimung, marked the first exploratory activities within production license 1185, awarded in 2023.The well 35/10-14 S, drilled to depths of 4,885 meters vertically and 4,925 meters measured, terminated in the Johansen Formation. It encountered over 80 meters of sandstone in the primary exploration target but with subpar reservoir quality. The secondary target, the Cook Formation, also revealed 77 meters of sandstone layers with poor properties.Similarly, well 35/10-14 A, drilled to depths of 4,275 meters vertically and 4,710 meters measured, terminated in the Rannoch Formation of the Mid Jurassic. It encountered 163 meters of sandstone across multiple formations, including the Tarbert, ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/pjZcB6BIzIvc7rauGNggEg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b4802547354c3806e98e5631b7820da6","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/pjZcB6BIzIvc7rauGNggEg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b4802547354c3806e98e5631b7820da6"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/equinor-hits-dry-spell-two-124300702.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4588","FTI","LU0054578231.USD","OII","BK4201","BK4179","LU0053671581.USD","LU0300736492.USD","NINE","LU0300736062.USD","EQNR","BK4585"],"gpt_icon":0},{"id":"2493082650","title":"Phillips 66 Sets $3B 2025 Capital Program Focused on Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2493082650","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493082650?lang=en_us&edition=fundamental","pubTime":"2024-12-24 20:43","pubTimestamp":1735044180,"startTime":"0","endTime":"0","summary":"Phillips 66 , the Houston-based oil giant, revealed its 2025 capital budget last week, totaling $2.1 billion, with a strategic focus on sustaining capital and growth investments. The company plans to allocate $998 million for sustaining capital, with $1.1 billion earmarked for growth initiatives.Mark Lashier, chairman and CEO of Phillips 66, highlighted the company's continued focus on capital discipline, ensuring that investments are aligned with its strategic priorities. The budget reflects Phillips 66's commitment to delivering shareholder value by supporting growth in the NGL wellhead-to-market value chain and further strengthening refining competitiveness.A significant portion of the capital budget, $975 million, will be dedicated to the Midstream segment, with $429 million allocated for sustaining projects and $546 million for growth projects. This investment will focus on strengthening Phillips 66’s position in key basins, including increasing gas processing capacity, which shou","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/URo4y7qb2pQm0hRaH0.ekw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/297e46fdf3a8eb158eacb7ef05b47a98","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/URo4y7qb2pQm0hRaH0.ekw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/297e46fdf3a8eb158eacb7ef05b47a98"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/phillips-66-sets-3b-2025-124300314.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4179","IE00BSNM7G36.USD","BK4588","LU0300736492.USD","BK4585","FTI","PSX","LU0053671581.USD","OII","NINE","LU0300736062.USD","LU0054578231.USD","BK4138"],"gpt_icon":0},{"id":"2493977697","title":"Petrobras and CSN to Build Low-Carbon Hydrogen Plant in Brazil","url":"https://stock-news.laohu8.com/highlight/detail?id=2493977697","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493977697?lang=en_us&edition=fundamental","pubTime":"2024-12-24 02:44","pubTimestamp":1734979440,"startTime":"0","endTime":"0","summary":"Petrobras S.A.PBR, the Brazilian state-owned energy company, has signed a Protocol of Intent with Companhia Siderúrgica Nacional  and CSN Inova Solues to develop a low-carbon hydrogen plant in Brazil. The agreement, which marks the beginning of a business partnership between the companies, is aimed at building a commercially viable low-carbon hydrogen plant in Paraná, Brazil.Both CSN and Petrobras aim to decarbonize their operations through this initiative. Notably, Petrobras' move aligns with its Strategic Plan 2050 and Business Plan 2025-2029. Signing the Protocol of Intent shows PBR’s commitment to lowering its carbon emissions from operations and increasing the availability of sustainable products. Petrobras’ Strategic Plan 2050 and Business Plan 2025-2029 mention the company’s long-term vision to become a leader in driving fair energy transition.Nine Energy Service provides onshore completion and production services for unconventional oil and gas resource development. The company ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/tiaJsMuJzZv8WNK420OazA--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/147f73c8f3dda1b37c6f7183f1874ec0","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/tiaJsMuJzZv8WNK420OazA--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/147f73c8f3dda1b37c6f7183f1874ec0"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/petrobras-csn-build-low-carbon-184400988.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","LU0054578231.USD","BK4179","LU1051769294.HKD","NINE","LU1515016050.SGD","LU1051768304.USD","LU0106259046.USD","LU0265266980.USD","IE00B1B80R65.USD","LU0300736062.USD","BK4588","SID","LU0053671581.USD","LU0572108347.SGD","BK4201","LU0256859116.SGD","LU0072463663.USD","FTI","BK4541","FCEL","LU0651946864.USD","BK4548","BK4096","PBR","BK4006","LU0300736492.USD","BGSX","LU0651947912.USD","LU0788109048.HKD"],"gpt_icon":0},{"id":"2493763966","title":"ExxonMobil Finalizes $535M Liza Destiny FPSO Purchase","url":"https://stock-news.laohu8.com/highlight/detail?id=2493763966","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493763966?lang=en_us&edition=fundamental","pubTime":"2024-12-23 21:02","pubTimestamp":1734958920,"startTime":"0","endTime":"0","summary":"Exxon Mobil Corporation’s XOM subsidiary, ExxonMobil Guyana, has acquired the floating production, storage, and offloading  unit, Liza Destiny, from SBM Offshore. The purchase, valued at $535 million, was finalized ahead of the FPSO's maximum lease term, originally set to expire in December 2029. This strategic move positions ExxonMobil as the unit's owner, while SBM Offshore remains responsible for its operations and maintenance through 2033.The transaction includes a $535 million cash consideration, enabling SBM Offshore to allocate $405 million toward repaying project financing debt. This repayment will notably reduce SBM Offshore's net debt position.Since its deployment in December 2019, the FPSO Liza Destiny has played a crucial role in ExxonMobil’s operations in the Stabroek Block, offshore Guyana. In 2023, the unit began operating under a collaborative model that leverages the expertise of both SBM Offshore and ExxonMobil to ensure high operational performance.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/xZ9wY7_RPTPrYPVqTYHW9g--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b81ac34444d94825c1ca7ea33d2f8831","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/xZ9wY7_RPTPrYPVqTYHW9g--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b81ac34444d94825c1ca7ea33d2f8831"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/exxonmobil-finalizes-535m-liza-destiny-130200075.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SG9999002224.SGD","LU0787776722.HKD","LU0149725797.USD","LU0170899867.USD","LU0345781412.USD","FTI","SG9999001440.SGD","LU0878866978.SGD","LU0122376428.USD","LU1066053197.SGD","LU0053671581.USD","LU0300736062.USD","BK4096","LU2602419157.SGD","XOM","LU2430703178.SGD","IE000M9KFDE8.USD","BK4541","LU0985489474.SGD","LU1582987324.SGD","BK4201","LU1582986433.USD","LU2133065610.SGD","LU0266512127.USD","SG9999015341.SGD","IE00BKDWB100.SGD","LU1582986359.USD","FCEL","LU1929549753.HKD","LU0203345920.USD","IE00BGHQF524.EUR","LU0612318971.USD","BK4516","LU1150488135.SGD","IE00BWXC8680.SGD","SBFFF","LU0368265418.SGD","NINE","LU2430703251.USD","LU2505996509.AUD","LU1732800096.USD","SG9999015358.SGD","IE00B2Q91V27.USD","LU0683600562.USD","LU0795875086.SGD","LU0203347892.USD","LU2592432038.USD","LU1732799900.SGD","SG9999014567.USD","BK4550","IE00B3CCJ963.GBP","SBFFY"],"gpt_icon":0},{"id":"2492416914","title":"Kinder Morgan Advances $1.4B Mississippi Pipeline Project","url":"https://stock-news.laohu8.com/highlight/detail?id=2492416914","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492416914?lang=en_us&edition=fundamental","pubTime":"2024-12-20 21:02","pubTimestamp":1734699720,"startTime":"0","endTime":"0","summary":"Kinder Morgan KMI announced that its Tennessee Gas Pipeline  unit will proceed with the $1.4 billion Mississippi Crossing Project , per a Reuters report. This ambitious development is aimed at enhancing Kinder Morgan's footprint in the Southeast U.S. natural gas market.The MSX Project will transport up to 1.5 billion cubic feet of natural gas per day  across nearly 206 miles of new pipeline. The route will originate near Greenville, MS, and end near Butler, AL, connecting to TGP's existing system and third-party pipelines.Kinder Morgan CEO Kim Dang highlighted the strategic importance of the project, stating, \"KMI has sanctioned about $3.1 billion in expansion capital between the SNG South System 4 Expansion and TGP's Mississippi Crossing Project. We expect to announce additional projects in the coming months.\". The project is slated to become operational in November 2028. Sital Mody, president of Natural Gas Pipelines at Kinder Morgan, noted that final discussions with customers could","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/zQMdyBoWi9sVD.4RjmYn_g--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/841b616719fec3f5c7ceecd7f8917de1","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/zQMdyBoWi9sVD.4RjmYn_g--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/841b616719fec3f5c7ceecd7f8917de1"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/kinder-morgan-advances-1-4b-130200670.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4144","LU2357305700.SGD","LU0267386448.USD","LU0300736062.USD","LU0053666078.USD","LNG","BK4516","LU0251131958.USD","LU0098860793.USD","LU0158827781.USD","BK4127","LU0795875169.SGD","LU1162221912.USD","FCEL","LU1720051017.SGD","LU1732799900.SGD","LU1989772923.USD","LU1074936037.SGD","LU0122376428.USD","BK4588","KMI","LU0006306889.USD","FTI","IE00BZ1G4Q59.USD","LU0170899867.USD","LU0048573561.USD","IE00B29SXK94.USD","LU0251142724.SGD","LU2028103732.USD","LU2111349929.HKD","BK4504","BK4585","LU1363072403.SGD","LU2089283258.USD","LU2271345857.HKD","LU0106831901.USD","NINE","LU0971096721.USD","LU0788109394.HKD","LU1548497426.USD","LU1989772840.SGD","LU2023251221.USD","LU0053671581.USD","LU0368265418.SGD","BK4581","LU1720051108.HKD","LU0106261372.USD","LU1668664300.SGD","BK4179","BK4534"],"gpt_icon":0},{"id":"2492742081","title":"Phillips 66 Optimizes Portfolio With $865M Pipeline Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2492742081","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492742081?lang=en_us&edition=fundamental","pubTime":"2024-12-19 21:16","pubTimestamp":1734614160,"startTime":"0","endTime":"0","summary":"Phillips 66 , the Houston-based oil giant, announced plans to sell its 25% stake in the Gulf Coast Express pipeline in Texas to an affiliate of ArcLight Capital Partners for $865 million, per a Reuters report. This strategic move positions the U.S. refiner to surpass its $3 billion non-core asset divestiture target.The company has already raised $2.7 billion through the sale of fuel terminals, pipelines and its stake in a Swiss retail joint venture. Phillips 66's CEO, Mark Lashier, emphasized the company's dedication to portfolio optimization and rationalization of non-core assets as part of its ongoing strategy.Despite declining refining profits, Phillips 66 remains steadfast in maintaining stable investor returns. The company has pursued cost-cutting measures. It now expects costs to reduce from $1.07 billion in 2024 to $822 million in 2025.For 2025, Phillips 66 projects overall expenditures of $2.1 billion, slightly below the $2.2 billion forecast for 2024. These adjustments reflect","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/URo4y7qb2pQm0hRaH0.ekw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/297e46fdf3a8eb158eacb7ef05b47a98","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/URo4y7qb2pQm0hRaH0.ekw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/297e46fdf3a8eb158eacb7ef05b47a98"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/phillips-66-optimizes-portfolio-865m-131600740.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4179","LU0300736492.USD","BK4585","FTI","IE00BSNM7G36.USD","LU0053671581.USD","NINE","BK4096","PSX","LU0054578231.USD","BK4541","FCEL","LU0300736062.USD","BK4588","BK4138"],"gpt_icon":0},{"id":"2492186834","title":"Equinor Merges UK Offshore Wind Projects for Cost Efficiency","url":"https://stock-news.laohu8.com/highlight/detail?id=2492186834","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492186834?lang=en_us&edition=fundamental","pubTime":"2024-12-18 20:36","pubTimestamp":1734525360,"startTime":"0","endTime":"0","summary":"Equinor ASA EQNR and its partners have announced plans to merge the Sheringham Shoal and Dudgeon offshore wind farm extension projects in the UK under a unified joint ownership structure. The Norwegian energy giant stated that this move is aimed at unlocking synergies, mitigating risks, and optimizing generation and transmission capabilities.The Dudgeon extension project is currently owned by Equinor (35%), Masdar (35%), and China Resources Power (30%), while Equinor fully owns the Sheringham Shoal extension. Equitix Offshore 3 Limited and Macquarie Asset Management hold options to acquire a 60% stake in the Sheringham Shoal extension at the final investment decision . Equinor and its partners are actively advancing the project toward FID, aiming to achieve economic efficiencies through shared infrastructure and large-scale operations.Investors interested in theenergysector may look at some better-ranked stocks like TechnipFMC plcFTI, FuelCell EnergyFCEL andNine Energy ServiceNINE, eac","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/fmOppIRRm4Ecfq6WVQwdlQ--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/92aa7963006b55a8cd96bbdb7e7a5104","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/fmOppIRRm4Ecfq6WVQwdlQ--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/92aa7963006b55a8cd96bbdb7e7a5104"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/equinor-merges-uk-offshore-wind-123600983.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NINE","BK4585","BK4201","BK4179","EQNR","FTI","LU0053671581.USD","FID","BK4541","FCEL","LU0300736062.USD","LU0300736492.USD","BK4588","LU0054578231.USD","BK4096"],"gpt_icon":0},{"id":"2492052968","title":"Equinor, Var Energi Explore Tie-Back Policy for New Barents Sea Oil Find","url":"https://stock-news.laohu8.com/highlight/detail?id=2492052968","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492052968?lang=en_us&edition=fundamental","pubTime":"2024-12-17 20:57","pubTimestamp":1734440220,"startTime":"0","endTime":"0","summary":"Equinor ASA EQNR and Var Energi are evaluating the feasibility of tying back a recent oil discovery to the existing Goliat floating production, storage, and offloading  unit in the Barents Sea. This decision came after the appraisal well 7122/8-2 S confirmed oil reserves in the Countach discovery area near the Goliat field, offering potential synergies with established infrastructure.Located near the discovery, the Goliat FPSO has been a key hub for regional oil production since its start in 2016. Oil from the FPSO is offloaded to shuttle tankers for market transport. Plans include gas exports via the Snohvit pipeline to the Melkoya LNG facility. The proposed tie-back would leverage existing infrastructure to minimize development costs and extend the field's operational life, aligning with Equinor and Vr Energi's strategy for sustainable resource development.TechnipFMC is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Eam6i7HWkPQHekdVzJrT6A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c6969322c4ce954b3916fa05dd6dc81d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Eam6i7HWkPQHekdVzJrT6A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c6969322c4ce954b3916fa05dd6dc81d"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/equinor-var-energi-explore-tie-125700559.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4588","LU0300736062.USD","BK4096","BK4541","FTI","FCEL","BK4179","LU0053671581.USD","BK4201","NINE","LU0054578231.USD","LU0300736492.USD","EQNR","BK4585"],"gpt_icon":0},{"id":"2492796805","title":"BP and XRG Close Deal to Launch Arcius Energy in Egypt","url":"https://stock-news.laohu8.com/highlight/detail?id=2492796805","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492796805?lang=en_us&edition=fundamental","pubTime":"2024-12-17 20:44","pubTimestamp":1734439440,"startTime":"0","endTime":"0","summary":"BP plc  and XRG, the international energy investment arm of ADNOC, have officially launched their new joint venture, Arcius Energy, following the financial closure of the deal.The platform, designed to develop natural gas assets, will initially focus on Egypt, contributing to the region's energy security and economic development. This marks a milestone in the 50-year partnership between BP and ADNOC, aligning with their strategic goals to build a competitive and sustainable energy future.Arcius Energy is structured as a 51-49% partnership, with BP holding the majority stake. Leveraging BP’s extensive technical expertise and XRG’s transformative investment capabilities, the venture aims to establish a competitive natural gas portfolio. BP’s experience spans over six decades of operations in Egypt, producing around 70% of the country’s gas.The partnership includes BP’s interests in key Egyptian concessions, including Shorouk, home to the prolific Zohr field, and North Damietta, which hos","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/dvRNplgb0KSBuUwdYb2xxw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/8c4a41f088bf9120715db42cb7535f5f","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/dvRNplgb0KSBuUwdYb2xxw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/8c4a41f088bf9120715db42cb7535f5f"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/bp-xrg-close-deal-launch-124400615.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0053671581.USD","BK4179","FTI","LU0300736062.USD","LU0300736492.USD","LU1162221912.USD","LU0072461881.USD","NINE","BK4201","LU0320765646.SGD","BK4588","BP","LU0054578231.USD","FCEL","LU0162691827.USD","BK4541","BK4585","BK4096","LU1829250122.USD"],"gpt_icon":0},{"id":"2491694685","title":"ExxonMobil Hits 1,000-Well Milestone in New Mexico Delaware Basin","url":"https://stock-news.laohu8.com/highlight/detail?id=2491694685","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491694685?lang=en_us&edition=fundamental","pubTime":"2024-12-16 20:28","pubTimestamp":1734352080,"startTime":"0","endTime":"0","summary":"Exxon Mobil Corporation XOM has reached a milestone by completing 1,000 horizontal wells in the New Mexico Delaware Basin since 2017. This achievement highlights the company's dedication to safe, efficient and innovative energy production, enhanced by its advanced technology and expertise in the Permian Basin.Since commencing operations in the New Mexico Delaware Basin, ExxonMobil’s team has demonstrated exceptional commitment and collaboration. The accomplishment highlights the efforts of thousands of professionals, spanning engineering, administration and other crucial functions, all aligned with the company's core values of safety and operational excellence.ExxonMobil’s success in the Permian Basin is rooted in its use of advanced technology and strategic operational efficiencies. A key innovation was the completion of 4-mile horizontal laterals in Poker Lake. These extended wells, paired with low-emission central vessel batteries and fully electrified compressor stations, reduce su","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/lRJcVaxIUo4SyNPNmzHlAg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/06b517065fbf207fefca9607afefe427","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/lRJcVaxIUo4SyNPNmzHlAg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/06b517065fbf207fefca9607afefe427"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/exxonmobil-hits-1-000-well-122800492.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1267930813.SGD","LU0345781412.USD","LU2430703251.USD","LU0612318971.USD","LU0345780950.USD","IE00B3CCJ963.GBP","LU2592432038.USD","LU1074936037.SGD","LU2347655156.SGD","LU2430703095.HKD","LU2602419157.SGD","LU1732799900.SGD","LU0203345920.USD","LU1066051498.USD","LU0320765646.SGD","SG9999002232.USD","FCEL","BK4592","BK4179","LU0787776722.HKD","LU0792757196.USD","IE00BKDWB100.SGD","LU1582986433.USD","LU0149725797.USD","LU0300736062.USD","BK4588","FTI","LU1839511570.USD","IE00B2Q91V27.USD","LU0795875169.SGD","SG9999015341.SGD","LU1150488135.SGD","LU1582986359.USD","LU0466842654.USD","LU0612318385.USD","SG9999001440.SGD","SG9999002521.SGD","LU0053671581.USD","LU1489326972.SGD","LU0878866978.SGD","IE00BWXC8680.SGD","LU2505996509.AUD","BK4541","LU0985489474.SGD","LU2505996681.GBP","SG9999014559.SGD","LU0654597011.USD","NINE","XOM","BK4516"],"gpt_icon":0},{"id":"2491667638","title":"Northern Oil and Gas Inks $160M Appalachia Development Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2491667638","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491667638?lang=en_us&edition=fundamental","pubTime":"2024-12-16 18:43","pubTimestamp":1734345780,"startTime":"0","endTime":"0","summary":"Northern Oil and Gas, Inc.NOG recently announced its joint development program in Appalachia with one of the region’s most capital-efficient operators, which requires focused work on drilling activities throughout 2025. The program needs a capital commitment capped at $160 million and would provide the company a 15% working interest stake. The program exemplifies the company’s strategic and forward-looking capital allocation move.Northern Oil and Gas’ non-operated business model allows it to keep its overhead costs down compared to peers. This enables it to capture higher margins. The company can work with leading producers in each basin, acquiring attractive acreage — overlooked by competitors due to the small working interest involved — to diversify its production profile.The strategic investment strategy of NOG in Appalachia, one of North America’s richest gas-producing regions, would position it to enhance its natural gas inventory significantly. By participating in the potential w","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/pjZcB6BIzIvc7rauGNggEg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b4802547354c3806e98e5631b7820da6","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/pjZcB6BIzIvc7rauGNggEg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b4802547354c3806e98e5631b7820da6"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/northern-oil-gas-inks-160m-104300085.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["AETUF","BK4213","FTK","NOG","BK4179","NINE","BK4109"],"gpt_icon":0},{"id":"2491377567","title":"Subsea7 Secures New Decommissioning Contract From Saudi Aramco","url":"https://stock-news.laohu8.com/highlight/detail?id=2491377567","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491377567?lang=en_us&edition=fundamental","pubTime":"2024-12-13 22:19","pubTimestamp":1734099540,"startTime":"0","endTime":"0","summary":"Subsea7 S.A.SUBCY has secured a contract with Saudi Arabia’s state-owned oil company, Aramco, for pipeline replacement work at the Abu Safah field. The Abu Safah field is located offshore Saudi Arabia. SUBCY noted that the contract’s value lies in the range of $150-$300 million.The contract covers the decommissioning of current subsea infrastructure at the site. It also includes engineering, procurement, construction and installation of new subsea infrastructure, alongside a new pipeline at the Abu Safah field. The company stated that engineering work related to the contract shall begin immediately.The offshore activities are scheduled to start in 2026. Project management and other activities will be undertaken by Subsea7’s office in Al Khobar, Saudi Arabia. Furthermore, the project will be supported by SUBCY’s offices in Dubai and Singapore.The contract highlights Subsea7’s long-term partnership with Saudi Aramco. It also builds on SUBCY’s successful track record of executing subsea p","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Eam6i7HWkPQHekdVzJrT6A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c6969322c4ce954b3916fa05dd6dc81d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Eam6i7HWkPQHekdVzJrT6A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/c6969322c4ce954b3916fa05dd6dc81d"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/subsea7-secures-decommissioning-contract-saudi-141900087.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0300736492.USD","BK4541","LU0053671581.USD","BK4179","NINE","LU0054578231.USD","FTI","FCEL","SUBCY","LU0300736062.USD","BK4096"],"gpt_icon":0},{"id":"2491716973","title":"Kosmos Energy Considers All-Share Acquisition of Tullow Oil","url":"https://stock-news.laohu8.com/highlight/detail?id=2491716973","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491716973?lang=en_us&edition=fundamental","pubTime":"2024-12-13 22:11","pubTimestamp":1734099060,"startTime":"0","endTime":"0","summary":"Kosmos Energy Ltd.KOS, a U.S.-based upstream energy firm, has announced that it is in the early stages of discussion for the acquisition of Tullow Oil plc TUWOY. Kosmos mentioned that the proposed transaction is expected to be an all-share acquisition. However, Tullow Oil recently specified that the deal is not guaranteed yet, implying that the company is not certain if a formal offer will be made or what the terms and conditions might be for any potential offers.Kosmos Energy has been provided with a deadline of Jan. 9, 2025, until 5 p.m.  to decide whether it wants to pursue the acquisition or not. The company must firmly announce its decision within the stipulated time to go ahead with the deal.Kosmos Energy’s potential acquisition of Tullow Oil would result in the creation of a leading exploration and production (E&P) firm with its operations focused on the Atlantic Margin. Kosmos Energy’s E&P operations are focused in deepwater regions, including, offshore Ghana and Equatorial 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