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%.

Deputy premier supports inquiry into offshore sand dredging to combat Stockton erosion crisis

news, local-news, LIFTING a ban on offshore sand dredging is firming as a possible solution to combat the erosion crisis on Stockton beach, with the NSW deputy premier saying he supports an investigation into the practice despite concerns about its cost and environmental impacts. But residents of the coastal peninsula are fed up with government inaction and bureaucracy over the issue…

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.

Uganda's Museveni Gives Oil Firms a Month to Consider Deal

Five oil companies involved in the development of oilfields in Uganda's Albertine Graben have been given one month to decide on several government proposals.Executives from Total E & P, China National Offshore Oil Company and Tullow met with President Yoweri Museveni on October 31 at State House, Entebbe to discuss key…

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 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.

Huge Brazil oil round disappoints as only Petrobras and Chinese bid

RIO DE JANEIRO — A huge Brazilian oil auction, dubbed one of the largest ever, frustrated expectations on Wednesday, as high prices and tepid demand turned the widely awaited tender into an embarrassing miscalculation for the cash-strapped government.Brazil’s state-controlled oil firm Petroleo Brasileiro SA and Chinese…

Equinor to drill North Sea Gabriel prospect

Pritam Singh hits back with Keppel scandal as Indranee Rajah suggests WP will have “no moral authori

- Advertisement -Workers Party (WP) secretary-general Pritam Singh clashed with People’s Action Party (PAP) minister Indranee Rajah yesterday (5 Nov) over a potential loss of moral authority, during the four-hour long parliamentary debate that followed Heng Swee Keat’s motion to get Aljunied-Hougang Town Council (AHTC)…

Global Trawler Motor Yachts Market 2019 – Marlow Explorer , – Nordhavn , – Symbol Yachts , – Krogen

Global Trawler Motor Yachts Market 2019 report provides by Market Research Store is the representation of the Trawler Motor Yachts Market area through research, development and analysis of information from multiple sources. The Global Trawler Motor Yachts report bifurcates the Trawler Motor Yachts Market based on various parameters…

Seadrill, Gulf Drilling International form jackup joint venture in Qatar

GulfDrill will initially bareboat charter the West Castor from Seadrill.(Courtesy Seadrill Ltd.)Offshore staffHAMILTON, Bermuda Seadrill Ltd. and Gulf Drilling International (GDI) have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum…

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…

151 migrants rescued off Libya arrive in Sicily on rescue ship

An Italian offshore supply vessel which rescued 151 migrants in waters off Libya has arrived in Sicily. The Asso Trenta docked at Pozzallo on Sunday.It was not immediately known if the migrants would stay in Italy or be distributed among other European Union countries.Hours earlier, a German charity’s rescue boat, Alan Kurdi, disembarked 88 migrants at Taranto on the Italian mainland.

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.