GlobeNewswire Press

  1. Viper Energy, Inc., A Subsidiary Of Diamondback Energy, Inc., To Acquire Sitio Royalties Corp. In All-Equity Transaction; Increases Base Dividend 6/3/2025

    Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), and Sitio Royalties Corp. (NYSE:STR) (“Sitio”) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 billion, including Sitio’s net debt of approximately $1.1 billion as of March 31, 2025.

  2. Occidental And ADNOC's XRG Agree To Evaluate Joint Venture To Develop South Texas Direct Air Capture Hub 5/16/2025

    Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas.

  3. Prosafe SE: Safe Notos Declared Winner In Petrobras Tender 5/12/2025

    Prosafe has been declared the winner of a bidding process for a four-year contract by Petróleo Brasileiro SA (‘Petrobras’) for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil.

  4. Subsea7 Awarded 'Super-Major' Contract Offshore Brazil 5/2/2025

    Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a super-major contract1 by Petrobras, after winning a competitive tender, for the development of the Búzios 11 field located approximately 180 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,000 metres water depth in the pre-salt Santos basin.

  5. Golar Entered Into 20-Year Agreements For 5.95mtpa Nameplate Capacity In Argentina – One Of The World's Largest FLNG Development Projects 5/2/2025

    Golar LNG Limited (“GLNG”, “Golar” or “the Company”) is pleased to announce the Final Investment Decision (“FID”) and fulfilment of all conditions precedent for the 20-year re-deployment charter of the FLNG Hilli Episeyo (“FLNG Hilli” or “Hilli”), first announced on July 5, 2024.

  6. Subsea7 And SLB OneSubsea Awarded EPCI Contract For bp's Ginger Project 4/29/2025

    Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial1 engineering, procurement, construction, and installation (EPCI) contract by bp to Subsea Integration Alliance (SIA) for the Ginger project offshore Trinidad and Tobago.

  7. APA Corporation And Partners Lagniappe Alaska And Santos Announce Successful Flow Test In Alaska's North Slope At Sockeye-2 Exploration Well 4/24/2025

    APA Corporation (Nasdaq: APA) and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, today announced the results of the successful flow testing of the Sockeye-2 exploratory well.

  8. LUFKIN Introduces Well Manager™ 2.0 With NOVAWAVE™ 4/23/2025

    LUFKIN Industries, a pioneer in rod lift optimization solutions, products, automation and software technologies and services, today announced the launch of the patent-pending LUFKIN Well Manager™ (LWM) 2.0 with NOVAWAVE™ Advanced Wave Equation Technology.

  9. BW Energy: Appraisal Well Confirms Potential For Future Bourdon Development Cluster 4/22/2025

    BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu Licence offshore Gabon, announced on 7 March 2025.

  10. Weatherford And AIQ Sign Strategic Partnership To Accelerate Efficiency In Energy Production 4/21/2025

    Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced it has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector.