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Zacks News
Equinor Contracts Newbuilt Shuttle Tanker for Roncador Field
by Zacks Equity Research
Equinor's (EQNR) contract for the newbuilt shuttle tankers to provide consistent and robust solution for transportation of production from the Roncador field.
TechnipFMC (FTI) Enters Into Strategic Alliance With Equinor
by Zacks Equity Research
The collaboration will enable TechnipFMC (FTI) to work on Equinor's offshore projects all over the world, from the early stages till their execution.
Equinor's (EQNR) Arkona Wind Farm Transmits First Electricity
by Zacks Equity Research
Post completion, Equinor's (EQNR) Arkona offshore wind farm is expected to provide power to about 400,000 German households.
Equinor (EQNR) Hires Transocean Norge Under $89M Contract
by Zacks Equity Research
Equinor (EQNR) hires Transocean Norge for a six-well drilling contract in the Norwegian continental shelf (NCS). The contract is valued at about $89 million.
Shell (RDS.A) to Sell Stakes in GoM's Caesar Tonga Field?
by Zacks Equity Research
With Shell (RDS.A) already wrapping up transactions worth $27.5 billion, the company remains focused to meet its $30-billion target by 2018.
Equinor Hires West Hercules Rig for Drilling in Barents Sea
by Zacks Equity Research
Equinor (EQNR) hires West Hercules for two exploration wells in the Barents Sea, which includes options for drilling nine additional wells.
Oceaneering Wins Award for Shell's Vito Deepwater Project
by Zacks Equity Research
The Vito Deepwater contract buoys Oceaneering's (OII) optimism surrounding the offshore activity levels.
Equinor (EQNR) Commissions Visund Nord IOR Ahead of Schedule
by Zacks Equity Research
Equinor (EQNR), the operator of Visund Nord IOR, brings project online within 21 months of the license partners picking the concept, with a budget 15% below the initial projection.
5 Mega Projects That an Energy Investor Needs to Know About
by Nilanjan Choudhury
Energy companies are ready to pump hoards of cash as they go forward with some mega exploration and production projects.
Equinor (EQNR) to Boost Production and Activities in Brazil
by Zacks Equity Research
Equinor (EQNR) projects investments of more than $15 billion through 2030 in Brazil. The company has a daily oil production of more than 90,000 barrels per day from current fields in the country.
Oceaneering Hits 52-Week High, but Will the Rally Continue?
by Zacks Equity Research
Considering soft full-year view and ongoing challenges in the offshore market, we are not too certain if Oceaneering (OII) will be able to continue with its solid momentum.
Equinor to Power Gullfaks and Snorre Fields With Wind Energy
by Zacks Equity Research
Per an analysis by Equinor (EQNR), the Snorre and Gullfaks fields in the Tampen area in the northern North Sea are best suited for the initiative.
Equinor Raises Resource Estimates in Johan Sverdup Project
by Zacks Equity Research
Full-field development of Equinor's (EQNR) Johan Sverdrup is likely to contribute more than NOK 900 billion to the Norwegian State.
Norway Selects Four Areas to Enhance Offshore Wind Strategy
by Richa Pansari
Norway intends to strengthen the supplier industry and enhance its offshore wind strategy.
Oceaneering (OII) Wins Four-Year Contract From Petrobras
by Zacks Equity Research
Oceaneering (OII) will start construction work on the project in the third quarter of this year.
Does GoM Lease Sale 251 Signal Deepwater Upturn? Take a Look
by Zacks Equity Research
Per the Bureau of Ocean Energy Management, the Lease Sale 251 draws 171 bids, raking in more than $178 million in high bids from oil and gas companies.
Petrobras (PBR) to Drop $1.1-B Braskem Divestment Plan?
by Zacks Equity Research
Petrobras (PBR) intends to double its stake in Braskem, as it acts as a natural hedge for oil prices.
Oceaneering (OII) Wins 3-Year E-ROV Contract From Equinor
by Zacks Equity Research
Oceaneering's (OII) E-ROV system will be deployed at water depth till 1000 meters in the Norwegian Continental Shelf.
Equinor (EQNR) Extends Offerings on Acquisition of Danske
by Zacks Equity Research
Equinor's (EQNR) acquisition of Danske Commodities underlines its strategy to broaden offerings and the company anticipates investing 15-20% of capital expenditure in new energy solutions by 2030.
Equinor Wins Norway's Approval for Snorre Expansion Project
by Zacks Equity Research
Norway's consent to Equinor's (EQNR) Snorre Expansion Project PDO will extend the field's life beyond 2040 and increase recovery rate from 46% to 51%.
Why Statoil (EQNR) Could Shock the Market Soon
by Zacks Equity Research
Although overlooked by the investors, Statoil (EQNR) looks well-positioned for a solid gain, supported by a favorable Zacks rank and positive estimate revisions.
Equinor to Invest in Troll Field & Buy Carcara Area Stake
by Zacks Equity Research
Equinor (EQNR) expects to create 1.65 trillion kroner (around $202 billion) in value from the Troll field in the future.
Why Equinor (EQNR) Could Be an Impressive Growth Stock
by Zacks Equity Research
Equinor (EQNR) is seeing solid earnings estimate revision and has a favorable Zacks rank, making it well positioned for future earnings growth.
4 Top-Ranked Oil Stocks to Deliver Strong Profits in 2H18
by Ritujay Ghosh
A multitude of factors are raising the specter of supply shortages at a time when global demand could rise exponentially. It thus makes sense to bet on select oil stocks likely to deliver strong profits in the second half of 2018.
TechnipFMC Secures Contract From TOTAL Arm for Zinia 2 Field
by Zacks Equity Research
TechnipFMC (FTI) has a longstanding relationship with TOTAL and has supported many of the latter's subsea developments.