Subsea7 has been awarded a sizeable contract by Brunei Shell Petroleum to handle the subsea installation for a Pipeline Replacement Project offshore Brunei. The contract involves engineering, procurement, construction, and installation (EPCI) of subsea pipeline and riser systems in water depths up to 50 meters. Project management and engineering will start immediately, with support from Subsea7 offices in Kuala Lumpur, Perth, Paris, and other global locations. This contract marks a significant milestone in Subsea7's ongoing partnership with BSP, which began in 2018, and is valued between $50 million and $150 million.
Enbridge Inc. reported Q1 earnings per share of $0.46, surpassing analyst expectations of $0.43, despite a slight decline from $0.47 a year ago. The company posted a significant revenue beat, generating $29.32 billion compared to the expected $8.67 b...
The global SaaS market, valued at $310-330 billion in 2025, is projected to nearly double to $600-650 billion by 2030, driven by cloud adoption, AI integration, and product-led growth strategies. SaaS companies are shifting marketing investments towa...
Exxon Mobil reported a strong Q2 2026 with profits surging to $14.5 billion, more than double the previous year, driven by higher oil prices and improved refining margins amid geopolitical tensions. However, adjusted earnings per share came in at $3....
AbbVie reported adjusted diluted EPS of $3.65 for Q2 2026, surpassing analyst expectations of $3.60, and achieved revenues of $16.99 billion, exceeding forecasts of $16.78 billion. Strong growth in its Immunology and Neuroscience segments drove this ...
Novo Nordisk announced that its ZEUS phase 3 trial testing ziltivekimab, an IL-6 pathway inhibitor, in over 6,300 patients with atherosclerotic cardiovascular disease, chronic kidney disease, and inflammation did not reduce major adverse cardiovascul...
