CB&I is set to acquire Petrofac’s Asset Solutions business, adding offshore operations and decommissioning services to its portfolio and bringing 3,000 employees under its umbrella. The move strengthens CB&I’s footprint in international energy markets and diversifies revenue beyond EPC work.
BW Energy pulls capex guidance as rig loss stalls Gabon drilling
BW Energy has suspended its 2026 capital expenditure guidance, previously $600 million to $650...
