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05.11.26 - 07:12
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DOF Group ASA - Contract extension for Skandi Olinda (Cision)
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DOF Group ASA (“DOF”) is pleased to announce one new long-term contract extension with Petrobras in Brazil.
Following successful negotiation with Petrobras, the PLSV Skandi Olinda has secured an extension to her current long-term contract, ensuring continued operations.
The vessel is owned by a joint venture between DOF (50%) and TechnipFMC (50%).
Under the contract amendment, Skandi Olinda has been awarded a 304-day extension.
The long-term contract, previously scheduled to terminate in April 2027, has now been extended through January 2028. Skandi Olinda joins Skandi Buzios and...
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04.11.26 - 22:24
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Excelerate Energy Reports Strong Third Quarter 2026 Results (Business Wire)
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THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (Excelerate or the Company) today reported its financial results for the third quarter ended September 30, 2026.
RECENT HIGHLIGHTS
Reported Net Income of $60.0 million for the third quarter
Reported Adjusted EBITDA of $133.5 million for the third quarter
Executed an 11-year LNG supply agreement with AxDo Bahamas Ltd. ("AxDo") supporting the development of the Bahamas LNG Hub, with AxDo serving as anchor customer of Excelerate's planned offshore LNG storage and distribution terminal near the island of Grand Bahama
Executed an agreement with Petróleo Brasileiro S.A. ("Petrobras") to extend the FSRU Sequoia contract by five years through 2038 and to install a reliquefaction unit onboard the vessel during its next dry dock in 2028
Declared a quarterly cash dividend of $0.09 per share, payable on December 3, 2026
CEO COMMENT
"Excelerate delivered record quarterly earnings, reflecting the essential role our infr...
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