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Zacks News
Subsea7 Lands EPCI Contract Offshore Egypt, Expands Global Portfolio
by Zacks Equity Research
SUBCY wins a $50-$150 million subsea contract offshore Egypt, expanding its project footprint with strategic new work in the region.
Venture Global Lands Major 20-Year LNG Supply Deal With PETRONAS
by Zacks Equity Research
VG inks an LNG supply deal with Malaysia's PETRONAS, boosting sales from its under-construction CP2 project in Louisiana.
Eni's Plenitude Starts Construction on 200 MW Solar Park in Spain
by Zacks Equity Research
E's Plenitude begins building a 200 MW solar park in Spain, boosting its green power push and regional presence in Andalusia.
Equinor Withdraws From Australia's Bass Offshore Wind Energy Project
by Zacks Equity Research
EQNR exits its third Australian offshore wind project, raising questions over its clean energy pullback strategy.
Eni Advances Zohr Gas Field Development, Boosts Egypt's Gas Supply
by Zacks Equity Research
E is set to ramp up output at Egypt's Zohr gas field, with new wells boosting supply and a $360-million investment planned for 2026.
ExxonMobil's Golden Pass JV Seeks U.S. Nod to Re-Export LNG
by Zacks Equity Research
XOM's Golden Pass JV seeks U.S. approval to re-export LNG from October as it nears the launch of the long-delayed Texas export terminal.
Petrobras Inks Multi-Year Offshore Contracts With DOF and Fugro
by Zacks Equity Research
Petrobras signs multi-year deals with DOF and Fugro, boosting Brazil's offshore strength and refining capacity.
Are Investors Undervaluing Subsea 7 (SUBCY) Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Equinor Approves Johan Sverdrup Field Expansion With $1.29B Investment
by Zacks Equity Research
EQNR commits $1.29 billion to expand Johan Sverdrup, aiming to boost reserves by up to 50 million boe by leveraging existing infrastructure.
Eni Launches Versalis Oilfield Solutions to Boost Drilling Services
by Zacks Equity Research
E launches Versalis Oilfield Solutions to sharpen its drilling services, expand globally, and drive sustainable growth.
Petrobras Enhances FPSO Safety With Exail's Quadrans AHRS Tech
by Zacks Equity Research
PBR partners with Exail to deploy cutting-edge Quadrans AHRS on FPSOs, boosting safety and real-time monitoring offshore Brazil.
Despite Fast-paced Momentum, Subsea 7 (SUBCY) Is Still a Bargain Stock
by Zacks Equity Research
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Subsea 7 (SUBCY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Noble Starts Drilling Operations for Malampaya Phase 4 Project
by Zacks Equity Research
NE begins drilling at the Malampaya-Camago field, aiming to boost Philippine energy output and cut import reliance.
Liberty Energy Stock Plunges 41% in Six Months: Time to Hold or Sell?
by Zacks Equity Research
LBRT's shares plunge 41% in six months, underperforming peers as weakening margins and rising costs raise red flags.
Eni's Plenitude Begins Operations at Its Largest Solar Park in Spain
by Zacks Equity Research
E launches Plenitude's largest solar park in Spain, boosting its renewable push with 130 MW now online at Renopool.
ExxonMobil Loses Supreme Court Appeal Over Baytown Pollution Penalty
by Zacks Equity Research
XOM's $14.25 million Baytown pollution fine stands as the Supreme Court rejects its appeal in a landmark Clean Air Act case.
Chevron to Exit Scotland Office in Global Restructuring Effort
by Zacks Equity Research
CVX is set to close its Scotland office, phasing out North Sea operations by 2026 in a $3 billion cost-cutting move focused on more profitable energy assets and regions.
Equinor Encounters New Oil at Johan Castberg Field, Boosts Reserves
by Zacks Equity Research
EQNR strikes oil at Johan Castberg's Drivis Tubaen prospect, potentially adding up to 15M barrels to reserves.
Eni Opens First Agri-Hub in Congo to Boost Biofuel Ambitions
by Zacks Equity Research
E opens Congo's first agri-hub to fuel its biorefineries, cutting transport emissions and boosting local farming.
Core Lab Stock Plunges 22% in Six Months: Time to Hold or Sell?
by Zacks Equity Research
CLB struggles with declining revenues, geopolitical risks, margin compression and weak U.S. demand, creating uncertainty around growth and profitability prospects.
Petrobras Taps Fugro for Critical Subsea Inspection Contracts
by Zacks Equity Research
PBR deepens its strategic partnership with Fugro through four key offshore contracts focused on innovation, safety and long-term energy resilience.
Shell Boosts Natural Gas Output at Norway's Ormen Lange Field
by Zacks Equity Research
Shell boosts Europe's gas security as Ormen Lange's subsea tech raises recovery rate to 85%, adding up to 50 BCM of supply.
Repsol Sells Indonesia Gas Stake to Medco for $425 Million
by Zacks Equity Research
REPYY sells its stake in Indonesia's Corridor Block to Medco for $425 million, sharpening the focus on high-return regions and realigning the global portfolio.
Chevron & Energy Transfer Announce 20-Year LNG Supply Agreement
by Zacks Equity Research
CVX extends LNG agreement with Energy Transfer for 20 years, adding 1 million tpy and raising total supply to 3 million tpy from Lake Charles LNG.
ExxonMobil Raises Output at Cepu Block, Boosts Indonesia's Oil Output
by Zacks Equity Research
XOM lifts Cepu Block output to 180,000 bpd, reinforcing its role in boosting Indonesia's oil production goals.