Plans to temporarily reduce its deployed frac spreads. Frac pricing can decline due to soft year-end frac activity. LPI commenced ...

The U.S. shale industry continues to evolve in a landscape defined by fluctuating oil prices, investor expectations, and shifting political ...

Turkey’s recent decision to explore oil and gas off Somalia’s coast is a strategic maneuver that ties into its larger ...

A cautious approach for FY2025 as the energy price reflects uncertainty and operators exercise capex restraint. A 1.1x book-to-bill ratio ...

Book-to-bill ratio decreased in Q3 from Q2. FTI is optimistic about the subsea market outlook. Cash flows strengthened in 9M ...

Revenues and net incnome decreased in Q3 versus Q2. Pressure pumping business suffered severely. Its tier 4 dual fuel assets ...

Expects completion activity to see a sequential slowdown in Q4. Identified 42 legacy non-Tier 1 rigs and equipment to be ...

U.S. Drilling revenue decreased but International Drilling segment revenues increased in Q3. It drilled three wells in the Delaware Basin ...

Revenues fell and operating income increased in Q3 compared to Q2. Order bookings decreased. Management keeps EBITDA guidance unchanged. Expects ...

Retail sales rose 0.4% in September, maintaining momentum from the unrevised August figure, while core retail sales jumped 0.7%. Weekly ...