Near-full utilisation pushes Seadrill to healthy Q1 profit
Seadrill bosses have reported a “confident posture” in the company’s first quarter results, as it now looks to make use of an expanded Aquadrill fleet.
Q1 2023
GlobalData reports “plunge” in Q1 oil and gas contract value
The first three months of 2023 saw contract value fall by nearly half on the previous quarter, according to new analysis by GlobalData.
Equinor results: Norwegian energy firm’s Q1 earnings hit $5bn
Equinor (OSLO: EQNR) took in net income of $4.9bn in its first quarter 2023 results, despite reduced prices for oil and gas.
Ørsted hails ‘all-time high’ offshore earnings in Q1 statement
Ørsted reported a “strong start” to 2023 in its Q1 financial statements, as power generation and earnings from its offshore portfolio rose.
Exxon blows out expectations as oil output climbs from new wells
Exxon Mobil posted its strongest-ever start to a year as oil production soars from new wells in the US and off the coast of South America.
Aberdeen’s Vysus kicks off the year with £6 million in new contracts
The Aberdeen-headquartered engineering and technical consultancy, Vysus Group, has landed £6 million worth of contracts since the beginning of the year.
Eni trims its 2023 profit outlook on lower energy prices
Eni posted a first-quarter profit that beat estimates on strong gas trading, but trimmed its full-year earnings guidance due to lower prices for the fuel.
Windfall tax and lower oil prices dent TotalEnergies huge earnings
Lower oil prices and the UK's EPL saw TotalEnergies' E&P division earnings drop 47%.
Oilfield service capacity to stay ‘tight’, says Halliburton CEO as group earnings swell
Halliburton (NYSE: HAL) is warning that oilfield services are likely to be tight for the foreseeable as companies scramble to up production.
Baker Hughes sees eight-fold earnings surge in Q1
Baker Hughes has kicked off first quarter earnings for the oilfield services giants.