Lafayette, La.-based energy firm PetroQuest announced it plans to sell $50m in Series B cumulative convertible preferred stock. The firm plans to use the proceeds for general business purposes and to repay outstanding debt under its bank credit facility.
Related News
26 Jun 2026
Equinor Scuttles Japanese Offshore Wind Plan
Equinor has decided to end its offshore wind business activities in Japan, where it has been since 2018 but has failed to win any leases in successive
25 Jun 2026
Floating Nuclear: A New Offshore Energy Frontier
For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing…
25 Jun 2026
MPCC Buys Four Container Ships, Secures $375M Financing
MPC Container Ships (MPCC) has agreed to acquire four eco-conventional container vessels for a total of $340 million, each…
24 Jun 2026
Welcome to the U.S. Shipping Merry-Go-Round
Taking your children or grandchildren for a ride on the Merry-Go Round may be a pleasant past memory. With that memory, we…