Shell's (SHEL) acquisition of Pavilion Energy from Temasek is poised to strengthen its overall LNG portfolio and allow access to key gas markets in Europe and Singapore.
Subsea7 (SUBCY) is responsible for project management and installation of a 22km water injection pipeline and associated subsea infrastructure at the Bittern field.
After losing some value lately, a hammer chart pattern has been formed for SM Energy (SM), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.