Core Insights - Tampnet has been selected to provide digital infrastructure for the Salamanca deep-water development operated by LLOG Exploration in the US Gulf, which has commenced production at the Leon and Castile fields [1] - The project utilizes an updated Independence Hub FPS for sustained operations [1] Network Expansion and Services - Tampnet has expanded its subsea fibre-optic network by 140km and increased its 4G/5G LTE network coverage by approximately 10,000km² to support the Salamanca project and other developments in the area [2] - The network solution includes fibre-based connectivity and Tampnet's own 5G infrastructure, designed for secure network slicing for high-bandwidth industrial applications [3] - The system is integrated with FirstNet and AT&T for vital communications, featuring a backup via low Earth orbit satellite for consistent operations [3] Infrastructure and Clientele - Following the expansion, Tampnet's network in the US Gulf now exceeds 1,700km of subsea fibre, connecting over 20 offshore facilities [4] - Tampnet serves more than 450 energy assets, both fixed and mobile, and continues to invest in infrastructure to support the offshore energy industry's digital transformation [4][5]

Update on financing arrangements In order to optimise its current financing structure, BW Offshore Limited (the “Company“) has been in dialogue with certain bondholders to ensure alignment of certain of its financial covenants in the outstanding bond (BWO06, ISIN NO0013077560) to its other senior debt facilities. Based on the feedback received, the Company has decided not to proceed with the contemplated amendments of BWO06. For further information, please contact:Ståle Andreassen, CFO, +47 91 71 86 55 IR@b ...

Luxembourg – 13 October 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) will publish its third quarter 2025 results for the period ended 30 September 2025 on Thursday 20 November 2025 at 08:00 CET. A conference call and simultaneous webcast for the investment community will be held on Thursday 20 November 2025 at 12:00 UK / 13:00 CET. From 08:00 CET the results announcement and the presentation to be reviewed during the conference call and webcast will be available on the Subsea7 website: www.Subsea7.com ...

Group 1 - BW Offshore Limited successfully refinanced its existing Revolving Credit Facility into a new USD 220 million facility, maturing on 10 November 2028 [1] - The new facility is provided by a consortium of 9 international banks and is priced at a margin of 250 basis points above USD SOFR [1] - The CFO of BW Offshore expressed confidence in the banking partners and highlighted that the refinancing provides increased financial flexibility and a solid foundation for future growth [2] Group 2 - BW Offshore specializes in engineering innovative floating production solutions and has a fleet of FPSOs with ambitions for growth [3] - The company leverages four decades of offshore operations and project execution to create tailored offshore energy solutions for evolving markets worldwide [3] - BW Offshore employs around 1,000 individuals and is publicly listed on the Oslo stock exchange [3]

Core Insights - Subsea 7 S.A. has been awarded a substantial contract by Synera Renewable Energy for the transport and installation of inter-array cables for the Formosa 4 Wind Farm, with the contract value estimated between $150 million and $300 million [1][3]. - The Formosa 4 offshore site will have a capacity of 495 MW and will consist of 35 wind turbine generators, with offshore works expected to start in 2028 [2]. - Seaway7 has also been selected as the preferred contractor for the Formosa 6 project, which involves the transport and installation of 57 inter-array cables, with contract finalization anticipated in 2026 [3]. Company Overview - Subsea 7 is recognized as a global leader in delivering offshore projects and services, focusing on creating sustainable value and being a preferred partner in the energy industry [4]. - The company has been active in the Taiwanese market since 2019, marking this as its seventh contract award in the region [3].

Group 1 - Subsea7 S.A. has secured a contract from Turkish Petroleum Offshore Technology Center for Phase 3 development of the Sakarya field in the Black Sea, indicating the company's strong position in subsea engineering and construction services [1][3] - The contract value is estimated between $750 million and $1.25 billion, covering engineering, procurement, construction, and installation of subsea umbilicals, risers, and flowlines [2][8] - Engineering activities and project management will commence immediately from Subsea7's Istanbul office, showcasing the company's capability in managing complex offshore energy projects [3][8] Group 2 - Subsea7's successful track record in offshore energy projects is highlighted by this contract, which strengthens its relationship with TP-OTC and supports Turkey's energy independence goals [3] - The company currently holds a Zacks Rank 3 (Hold), indicating a stable outlook within the energy sector [4] - Other notable companies in the energy sector include Repsol S.A., Antero Midstream Corporation, and Galp Energia SGPS SA, each with varying investment attractiveness based on their respective operations and market positions [4][5][6][7]

Group Performance - Group turnover grew 10% year-over-year to 2.1 billion euros, driven by continued strong growth in Offshore Energy [3] - EBITDA increased 35% to a record level of 464 million euros, or 21.9% of turnover, up from 345 million euros, or 18.0% of turnover, for the first half of 2024 [3] - Net profit increased 27%, reaching 179 million euros, compared to 141 million euros a year ago [3] Strategic Developments - DEME acquired Havfram, a Norwegian offshore wind contractor, reinforcing its ambition to expand in the offshore wind energy market and strengthening its competitive edge in turbine and foundation installations [3] - The two Havfram vessels under construction are on schedule for delivery - one at the end of 2025 and the other in early 2026 [3] Future Outlook - Order book stood at 7.5 billion euros as of June 30, 2025, including the Havfram order book, compared to 7.6 billion euros a year ago [3] - Management reaffirms its expectation that full-year turnover will be at least in line with 2024 and now anticipates full-year EBITDA margin to slightly exceed 20% [3]

Group 1 - BW Offshore will release its Q2 2025 results on 28 August at 07:30 CEST and will hold an extended presentation at 09:00 CEST the same day [1] - The presentation will be conducted by CEO Marco Beenen, CFO Ståle Andreassen, and CSO Anders S. Platou [1] - The presentation will include a strategy update alongside the Q2 2025 results [1] Group 2 - The presentation can be followed via a webcast with supporting slides and a Q&A module, but there may be a 30-second delay compared to the main conference call [2] - It is recommended to use an updated browser, preferably Chrome, for the best experience during the webcast [2] Group 3 - BW Offshore specializes in innovative floating production solutions and has a fleet of FPSOs, with ambitions for growth [3] - The company has approximately 1,000 employees and is publicly listed on the Oslo stock exchange [3]

Core Insights - Petrobras awarded four multi-year contracts to Fugro valued at approximately $340 million over four years, focusing on subsea inspection and monitoring [1][3] - The contracts will utilize advanced remotely operated vehicles (ROVs) to enhance operational efficiency and safety by reducing offshore personnel exposure [2][4] - Three of the contracts are renewals with improved terms, while one is a new engagement, indicating both continuity and evolution in their partnership [3][5] Group 1 - The contracts will begin in the fourth quarter of 2025, ensuring safe oversight of Petrobras' critical subsea infrastructure [1] - This collaboration aims to leverage Fugro's remote operations capabilities, enhancing real-time data analysis for informed decision-making [2][4] - The partnership reinforces Fugro's strategy of pursuing recurring revenues for long-term sustainable value [4] Group 2 - Petrobras' selection of Fugro highlights confidence in its ability to deliver critical services reliably and safely [5] - The project is included in Fugro's 12-month backlog, further strengthening its strategic agenda in Brazil's offshore development [5] - Petrobras is the largest integrated energy firm in Brazil and one of the largest in Latin America, currently holding a Zacks Rank 3 (Hold) [6]

Core Insights - Halliburton Company (HAL) has secured a significant contract to support GeoFrame Energy's lithium extraction and geothermal project in East Texas, with operations set to begin in late 2025 [1][10] - The project aims to produce approximately 83,500 metric tons of battery-grade lithium carbonate annually, which is expected to meet the current U.S. demand entirely [1][10] - This initiative is anticipated to enhance domestic lithium production and decrease reliance on foreign supply chains [1] Group 1: Project Details - Halliburton will lead the drilling phase by designing, constructing, and operating the demonstration wells, playing a central role in scaling the project to full field development [2][10] - GeoFrame's project is designed to be the first in the U.S. to deliver battery-grade lithium carbonate from the Smackover Formation, focusing on sustainable mining practices [3] - The facility will utilize geothermal brine to generate zero-emission electricity, which will power the lithium production process and allow surplus energy to be sold to the grid [3] Group 2: Halliburton's Position - Halliburton's extensive experience in well construction and its strong commitment to innovative energy solutions position the company uniquely to advance GeoFrame's vision [4] - The recent contract highlights the growing convergence between energy services and advanced technology solutions, enhancing Halliburton's growth initiatives [5] - Securing new contracts is expected to create a positive financial outlook for Halliburton and its stakeholders [5]