Offshore News

New Innovative Report On Offshore Oil and Gas Seismic Equipment and Acquisitions Market Forecast To

Offshore Oil and Gas Seismic Equipment and Acquisitions Market ReportReport gives deep analysis of “Offshore Oil and Gas Seismic Equipment and Acquisitions Market” industry overview by Types, applications, Key players and regions. This report furthermore shows the 2019-2025 Production, Consumption, income, Price & Cost Overview.

MOL signs Maersk jackup drilling rig for North Sea exploration well

HomeDrilling & CompletionMOL Norge has contracted the Maersk Drilling jackup Maersk Interceptor for an exploration well on license PL617 in the southern Norwegian North Sea.The jackup Maersk Interceptor will drill an exploration well on license PL617 in the southern Norwegian North Sea.(Courtesy Maersk Drilling)Offshore staffCOPENHAGEN…

W&T Offshore (WTI) Q3 Earnings Beat on Higher Production

W&T Offshore, Inc. WTI reported third-quarter 2019 adjusted earnings (excluding one-time items) of 13 cents per share, beating the Zacks Consensus Estimate of 1 cent but declining from the year-ago figure of 30 cents.Meanwhile, quarterly revenues decreased to $132.2 million from $153.5 million a year ago. Moreover, the…

Iran discovers new oil field with more than 50 billion barrels

TEHRAN, Iran – Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions.The announcement by Hassan Rouhani comes as Iran faces crushing American sanctions after the U.S.

Aspen Aerogels (NYSE:ASPN) Releases Earnings Results, Beats Estimates By $0.02 EPS

Aspen Aerogels (NYSE:ASPN) released its quarterly earnings results on Thursday, October 31st. The construction company reported ($0.09) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.02, Fidelity Earnings reports. Aspen Aerogels had a negative net margin of 21.56% and a negative return on equity of 34.45%.

Experts say Romania does not yet have the administrative capacity to manage its offshore gas reserve

Romania does not have the administrative capacity to manage offshore gas reserves as it need to build up institutional, administrative and know how capacities in order to benefit from its large newly-discovered resources, according to a report consulted by Business Review.The report Risks, taxation, investment decisions in the offshore oil and gas sector.

BAE Systems - on target for the full year

No recommendationNo news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest.In a brief trading update BAE said it continues to expect mid-single digit growth in earnings per share this year and £3bn in free cash flow over the…

Unlocking offshore industry potential | Hellenic Shipping News Worldwide

The challenge: evaluating fiscal terms to encourage explorationThe government of Ireland wanted to unlock potential in its offshore oil and gas industry.While there had been relatively little exploration activity in Irelands offshore and only 3% of the total wells drilled had resulted in commercial discoveries, international…

Stock Technical Buzz: Diamond Offshore Drilling (NYSE:DO) – Market Seat

Diamond Offshore Drilling (NYSE:DO) Shares are now at -56.417694% over the past year and five years performance pointed at -83.601637%. The stock dispatched -5.503145% performance during the quarter. In the last month, the price performed 16.472868%. Contracting the focus on performance, delivered a move of 1.864407% over the last week.

What's News: Business & Finance WSJ

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (November 7, 2019). SoftBank's CEO faulted his judgment in championing WeWork, as the Japanese conglomerate and its Vision Fund wrote down the value of their stakes.

Equinor to drill North Sea Gabriel prospect

Offshore Supply Vessel (OSV) Market Size, Share, Growth Rate, Production Capacity, Production Volume

An introduction to the Offshore Supply Vessel (OSV) MarketThe Offshore Supply Vessel (OSV) latest report discusses everything a business owner needs to know about the market for the forecast period, 2019 – 2026. The document offers an insight into what the target customers needs and wants. Industry experts have extracted data from various sources on size…

Regaining lost ground top priority: VPT chief

K. Rama Mohan Rao, the new chairman of Visakhapatnam Port Trust, said that they would give top priority to regaining the second rank in the country that the VPT once held before slipping to third rank.Reducing pollution to a minimum in the next one year would also be one of the foremost objectives, Mr. Rao said.After assuming office, Mr.

Aspen Aerogels Inc (NYSE:ASPN) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its stake in shares of Aspen Aerogels Inc (NYSE:ASPN) by 57.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 676,514 shares of the construction company’s stock after buying an additional 248,100 shares during the period. Vanguard Group Inc.

Invesco Ltd. Has $2.02 Million Stock Holdings in Teekay Co. (NYSE:TK)

Invesco Ltd. trimmed its stake in Teekay Co. (NYSE:TK) by 34.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 588,095 shares of the shipping company’s stock after selling 306,056 shares during the period. Invesco Ltd. owned about 0.58% of Teekay worth $2,023,000 as of its most recent filing with the SEC.

Snap out of it: Political ads appearing on Snapchat

RICHMOND A candidate for sheriff in a rural Virginia county is trying to reach younger voters by advertising on a social media platform popular with their age group Snapchat.William Stowell is an independent running for sheriff in Tuesdays election in Botetourt County, nestled in the mountains in western Virginia. Stowells…

Relatives demand answers in offshore worker's death | Local News

RELATIVES of Anthony Christopher, who died while on an offshore platform last Saturday, are calling for a thorough investigation into his death.The family believes the manner in which the process was handled was unusual for situations like these.Christopher, 32, of Princes Town, was found motionless by a co-worker around 7.15 a.m.

Company Briefs: Keppel Corporation, Companies & Markets News & Top Stories

Keppel CorporationNorway's competition authorities have rejected the application for Keppel Corp's associate company Floatel International to merge with Oslo-listed Prosafe to create the world's largest offshore accommodation firm.Fels Offshore, a unit of Keppel's Offshore & Marine arm, owns a 49.92 per cent stake in Floatel.In an exchange filing yesterday…

Environmental authority to further enhance maritime ecology protection

China's environmental authority vowed on Tuesday to step up legislative efforts in environmental protection of the seas and announced policy achievements for this year.Quality of offshore water improved in the first half of 2019 with 76.5 percent of offshore sea water reaching good quality, a 6.7 percent increase year-on-year…

'I did not expect that in my lifetime': Rare poisonous fish discovered on Vancouver Island

A rare species of poisonous puffer fish was discovered on Vancouver Island earlier this month. It's the first time that a spotted porcupine puffer fish has been seen in British Columbia. The tropical fish, normally found in waters near California, washed up in Jordan River on Oct. 5th. Since then scientists have been trying to figure out how it got so far north.