By Reuters Published: 06:23 EDT, 23 October 2018 | Updated: 06:23 EDT, 23 October 2018 By Nerijus Adomaitis OSLO, Oct 23 (Reuters) - Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding …
* Third-quarter EBITDA down 69 pct year/year * Sees need for industry mergers * Shares down 4 pct, down 36 pct since May * Graphic on earnings, margins: tmsnrt.rs/2NZosP0 (Adds CEO quotes, details, graph, pix) By Nerijus Adomaitis OSLO, Oct 23 ( …
The deal will see to modifications and life extension of the Petrojarl Varg vessel. Sembcorp Marine Rigs & Floaters signed an agreement worth $160m with Varg L.L.C, a subsidiary of marine energy transportation company Teekay Offshore Partners, for …
Dubai-based Drydocks World, a leading marine, onshore and offshore service provider to the oil, gas and renewable energy sectors, has recently successfully completed two projects for Bluewater Energy Services and end client Hurricane Energy. The projects …
LONDON, Oct 15 (Reuters) - The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract …
Hurricane Energy Plc’s (LON:HUR) Lancaster field development has seen another key milestone as the Aoka Mizu FPSO vessel has now departed Dubai, where it was upgraded in dry-dock. The specialised vessel will sail to Rotterdam, where it will undergo a …
PETALING JAYA: Hibiscus Petroleum Bhd's unit Anasuria Hibiscus UK Limited (Ahuk), plans to buy a 50% participating interest in two blocks of discovered oil fields in United Kingdom from Caldera Petroleum (UK) Limited, for US$37.5 million. The …
Thursday, October 4th 2018 - 07:20 UTC In South America, Brazil has 25 planned and announced FPSOs, followed by the Falkland Islands and Guyana with four and three FPSOs, respectively The latest report from Global Data, FPSO Industry Outlook, suggests …
In the wake of a breakthrough partnership deal for the Barryroe project, in Ireland’s Celtic Sea, Providence Resources PLC (LON:PVR) has been tipped for very substantial value creation. A ‘buy’ recommendation from stockbroker Mirabaud Securities comes …
The in-country integration of the $3.3 billion Egina Floating Production Storage Offloading (FPSO) has been described by many as a breakthrough project in Nigeria’s oil and gas sector and a celebration of the country’s local content capacity. …
NEW DELHI: Reliance Industries Friday said it has permanently shut down its only oil field in the flagging KG-D6 block after production declined to nil. Reliance Industries (RIL) had till date made 19 oil and gas discoveries in the Krishna Godavari basin. …
Post-cessation, activities related to the safe shutdown of the field are underway. Reliance Industries on Friday said it has permanently shut down its only oil field in the flagging KG-D6 block after production declined to nil. Reliance Industries (RIL) …
By PTI NEW DELHI: Reliance Industries Friday said it has permanently shut down its only oil field in the flagging KG-D6 block after production declined to nil. Reliance Industries (RIL) had till date made 19 oil and gas discoveries in the Krishna Godavari …
As Hurricane Energy Plc (LON:HUR) counts down to first production, targeted in the first half of 2019, the next milestone will come before the end of this month. The UK oil field developer now awaits the completion of sea trials for the Aoka Mizu FPSO …
OSLO, Sept 11 (Reuters) - Norwegian oil firm Okea is looking at four options to develop its North Sea Grevling oil discovery, which in turn could impact on the company’s valuation in a deal with Thai investor Bangchak Corporation PCL (BCP), it said on …
Today, Hurricane Energy (LSE: HUR) has hit a key milestone in the development of its West of Shetland Lancaster field. The Aoka Mizu FPSO vessel, a critical part of the early production system (EPS) which the company is using to accelerate the development …
And Sembmarine might have the competitive edge on pricing. Sembcorp Marine (Sembmarine) and Daewoo Shipbuilding & Marine (DSME) are fighting over the Rosebank Floating Production Storage and Offloading (FPSO) for Chevron. The newbuild FPSO will be …
On September 11, 2018, Cairn Energy (OTCPK:CRNCY, OTC:CRNZF) presented its H1 2018 results. More specifically: The firm reported revenue of $182.4 million which represents a 16.8x increase in comparison with the H1 2017 revenue of $10.8 million. I shall …
The FINANCIAL -- BP announced that approval has been received from the Oil and Gas Authority (OGA) to proceed with the Vorlich development in the central North Sea, which will target 30 million barrels of oil equivalent, expected to produce 20,000 barrels …
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Nominations now open LONDON, UNITED KINGDOM, October 23, 2018 /EINPresswire.com/ -- Dear Colleague, The Africa Petroleum Club cordially invites you to register for the Big Five Board Awards on 22 November, 2018, an unrivalled evening of …
DENVER, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today announced …
HOUSTON, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Sanchez Midstream Partners LP (NYSE American: SNMP) announced today that it will host a conference call at 10 a.m. Central Time (11 a.m. Eastern Time) on Friday, Nov. 9, 2018 to discuss third quarter 2018 results …
BRENTWOOD, Tenn., Oct. 23, 2018 (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the third quarter 2018 of $0.79 per common limited partner unit, or $3.16 per common …
FORT WORTH, Texas, Oct. 23, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2018 financial results. Highlights – Net income of $48.5 million ($0.19 per diluted share), non-GAAP net income of $63.9 …
HOUSTON, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (OTCQX: AMPY) announced today that it will report third quarter 2018 financial and operating results on November 7, 2018. Following the announcement, management …
CALGARY, Alberta, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Parkland Fuel Corporation (“Parkland”) (TSX:PKI) today announced that it will release its 2018 third quarter results on Thursday, November 1, 2018 after markets close. Parkland will then host a …
NEW YORK, NEW YORK, USA, October 23, 2018 /EINPresswire.com/ -- One of the California Mesothelioma Victims Center's top priorities is seeing to it that all current or former employees of a water district or electric utility in California who …
DENVER, Oct. 23, 2018 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE: DCP) announced today that the board of directors of its general partner declared a third quarter 2018 common unit distribution of $0.78 per unit, or $3.12 per unit on an annualized basis. …
Houston, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (NYSE: NBL) today announced that its Board of Directors has declared a quarterly cash dividend of 11 cents per common share payable on November 19, 2018, to the shareholders of record at the …
Lind, WA is home to the new solar energy project that is powering Avista’s commercial business customers through the Avista Solar Select™ Program SPOKANE, Wash., Oct. 23, 2018 (GLOBE NEWSWIRE) -- Avista and Strata Solar, with help from Gov. Jay Inslee …
HENDERSON, NV, USA, October 22, 2018 /EINPresswire.com/ -- K2 Energy is putting its battery systems to the test in extreme climates once again to prove that when performance matters, K2 Energy is the clear choice. This test will be taking place …
Winston & Strawn LLP (www.Winston.com) is pleased to announce the addition of leading emerging markets attorneys Thomas B. (Tom) Trimble as partner and John David Bryant as counsel in the firm’s Washington, D.C. office and as members of Winston’s …
Cross-industry research finds key advantages for use of methanol in medium speed marine engines for passenger shipping BRUSSELS, BELGIUM, October 22, 2018 /EINPresswire.com/ -- The Methanol Institute has welcomed the findings of the MethaShip …
South Sudan Oil & Power 2018 will highlight opportunities in November in Juba. JUBA, SOUTH SUDAN, October 22, 2018 /EINPresswire.com/ -- South Sudan Oil & Power (SSOP) 2018 is returning to Juba on November 21 and 22, and is focused on …
The company applied for renewal of OPL 293 in 2012 and the renewal was granted on October 9, 2018. ABUJA, NIGERIA, October 22, 2018 /EINPresswire.com/ -- Nigeria-based Oranto Petroleum has been granted a renewal on its license for Nigeria’s OPL …
Direct Energy Devices Global Market 2018-2023 Report Analysis industry study, size, share, development, current trends, and forecast PUNE, INDIA, October 22, 2018 /EINPresswire.com/ -- MarketResearchNest.com adds “Direct Energy Devices Global …
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, Oct. 22, 2018 (GLOBE NEWSWIRE) -- High Arctic Energy …
STEINHAUSEN, Switzerland, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd., “Transocean”), has priced its previously-announced offering of U. …
CALGARY, Alberta, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) will announce its third quarter 2018 financial results after the market close on Tuesday, November 13, 2018. …
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