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TechnipFMC to Sell Technip Energies Shares for Roughly $233 Million
Upon completion of the sale to Dutch investment company HAL investments, TechnipFMC said it will retain a direct stake of approximately 12.3% of Technip Energies’ share capital.
EnQuest Shares Slump After Partner Downgrades Kraken Oil Field Reserves
British oil firm EnQuest's shares slumped to a three-year low after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oil field's reserves by around a fifth.
EnQuest to Buy Suncor Assets for up to $375 Million Using Refinanced Debt
Through the acquisition of the Golden Eagle fields from Suncor Energy would earn EnQuest around $13 million a month, CFO Jonathan Swinney says.