Oil Rig News

Hornbeck Offshore Services (HOS) Debt Trading 3% Higher – BharataPress

An issue of Hornbeck Offshore Services, Inc. (NYSE:HOS) debt rose 3% against its face value during trading on Tuesday. The debt issue has a 5% coupon and is set to mature on March 1, 2021. The bonds in the issue are now trading at $51.00 and were trading at $50.00 one week ago. Price moves in a company’s debt in credit markets often predict parallel moves in its stock price.

Building blocks for new wharf arrive in Antarctica

A cargo ship loaded with 4,500 tonnes of steel and equipment for a new wharf has successfully docked in the Antarctic after a month-long voyage.The DS Wisconsin left Teesport, near Middlesbrough, at the end of November carrying 83 sea containers of supplies. It was guided through sea ice towards the Rothera Research Station where work on the new wharf will begin in weeks.

Lamprell to build first jack-up rigs in Saudi Arabia

LoI states that International Maritime Industries and Lamprell will build rigs collaborativelyShareShareShareEmailLamprell has announced that they have received the contract for the construction and delivery of two jack-up drilling units from the International Maritime Industries (IMI), in which Lamprell is a partner.Lamprell…

3 Shocking Examples of Guest-Worker Abuses

Republicans and business interests want to make sure that any immigration reform bill includes a way for lesser-skilled workers to enter the country legally. Crafting such a system, however, is tricky. Guest-worker programs have a history of labor abuses, and any new program will need to offer guarantees to combat those worries among organized labor and Democratic lawmakers.

Guest Commentary: Protect the Military Mission Line from offshore drilling

As the 116th Congress begins, the Florida delegation should unite to stop offshore drilling off the Gulf coast of Florida and must push Congress to enact legislation to make the moratorium on offshore drilling in the eastern Gulf of Mexico (EGOM), eastward from the Military Mission Line (MML) at Long. 86 deg, 41 min., permanent.

FID taken for Phase 1 of the Greater Tortue Ahmeyim LNG project

Kosmos Energy has released a statement claiming that a final investment decision (FID) has been agreed for Phase 1 of the Greater Tortue Ahmeyim project.According to the statement, the FID was taken by Kosmos, BP, Petrosen and SMHPM. The project will produce gas from a deepwater subsea system and mid-water FPSO to a floating…

Traders Are Bearish Invesco Trust for Investment Grade New York Municipals (VTN) After The Stock For

Investors sentiment decreased to 0.8 in 2018 Q3. Its down 1.03, from 1.83 in 2018Q2. It dived, as 4 investors sold Invesco Trust for Investment Grade New York Municipals shares while 6 reduced holdings. 5 funds opened positions while 3 raised stakes. 1.25 million shares or 10.27% less from 1.39 million shares in 2018Q2 were reported.Focused Wealth Mgmt holds 1,917 shares.

$0.14 EPS Expected for MarineMax, Inc. (HZO) – Thorold News

Investors sentiment increased to 1.57 in 2018 Q3. Its up 0.33, from 1.24 in 2018Q2. It improved, as 17 investors sold MarineMax, Inc. shares while 27 reduced holdings. 25 funds opened positions while 44 raised stakes. 21.83 million shares or 3.99% more from 21.00 million shares in 2018Q2 were reported.Citigroup Incorporated has invested 0% in MarineMax, Inc. (NYSE:HZO).

6.73% More Euronav NV Ordinary Shares (NYSE:EURN) Shorted Shares – Enbulletin

Euronav NV Ordinary Shares (NYSE:EURN) had an increase of its short interest by 6.73%. FINRA announced in December EURN’s total 7.02M short interest. The up change of 6.73% from 6.58M shares was reported. Previous EURN’s position will need 9 days to recover. It has 774,800 average volume. Float short on Euronav NV Ordinary Shares is 5.06%.

Volunteers collect ONE TONNE of plastic waste

A tonne of waste has been found on a Dorset beach which was dumped in the ocean by fishermen. Environmentalists claim the rubbish, found at Worbarrow Bay in Dorset, included three 25-litre drums of used engine oil. Other items recovered at the British World Heritage Site were fishing and shipping nets, ropes and plastic…

Nice ice for sailing | Lake County News Chronicle

Rapid acceleration. Freedom. Speed. Quiet. The click-clack of the runners on ice, but little other noise. Then a little panic as the first turn goes a little too fast. But there's nothing much to smash into, except the occasional portable ice fishing shelter or an ice skater. Or shore. Or maybe a fracture in the ice. Or…

Energy Voice | Lamprell secures contract for construction of two rigs

Lamprell has received a letter of intent for the construction and delivery of two jackup drilling units.The rigs will be built by Lamprell and International Maritime Industries Company (IMI), the Saudi maritime joint venture in which Lamprell is a partner.Lamprell will undertake most of the fabrication work at its Hamriyah yard in the United Arab Emirates…

As Northrop Grumman (NOC) Valuation Declined, Pinnacle Associates LTD Has Boosted Position; Stewart

Pinnacle Associates Ltd increased its stake in Northrop Grumman Corp (NOC) by 18.15% based on its latest 2018Q3 regulatory filing with the SEC. Pinnacle Associates Ltd bought 1,239 shares as the company’s stock declined 11.09% with the market. The institutional investor held 8,065 shares of the industrial machinery and components company at the end of 2018Q3…

Marine Emission Control System Sales Analyzed in a New Study - Press Release

Fact.MR has announced the addition of the Marine Emission Control Systems Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028"report to their offering.This press release was orginally distributed by SBWireRockville, MD -- (SBWIRE) -- 12/27/2018 -- Marine emission control systems constitute equipment with technologies that reduce ship's emission…

Kieron Quinn obituary - Baltimore Sun

Kieron F. Quinn, a retired attorney who had practiced admiralty and environmental law and took on class-action cases, died of complications from cancer Feb. 13 at Greater Baltimore Medical Center. The Riderwood resident was 73.Born in Lowell, Mass., and raised in Boston, he earned a bachelor's degree at Georgetown University.

Pacific Drilling: Expectations For 2019 - Pacific Drilling SA (NYSE:PACD)

Pacific Drilling (PACD) emerged from Chapter 11 on November 19 and started trading on NYSE on December 18. The timing of the companys re-listing on the main exchange was unfortunate, as it coincided with the major downside in the oil market and material pressure on shares of all offshore drillers. In this article, well…

Financial Comparison: Aaron’s (AAN) & MITCHAM INDUSTR/SH (MIND)

Aaron’s (NYSE:AAN) and MITCHAM INDUSTR/SH (NASDAQ:MIND) are both retail/wholesale companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, dividends, profitability, risk, institutional ownership and earnings. DividendsAaron’s pays an annual dividend of $0.14 per share and has a dividend yield of 0.4%.

Florida Politics - Campaigns & Elections. Lobbying & Government.

The Florida Senate could be ready to move quickly on proposals that seek a single-subject requirement for constitutional amendments placed on the ballot in the future by the Florida Constitution Revision Commission.The Senate Judiciary Committee on Jan. 7 is scheduled to take up two similar proposals (SJR 74 and SJR 86)…

Teekay Tankers (TNK) Lowered to Hold at Zacks Investment Research – BharataPress

Zacks Investment Research cut shares of Teekay Tankers (NYSE:TNK) from a buy rating to a hold rating in a research report sent to investors on Thursday. According to Zacks, “Teekay Tankers Ltd. is a Marshall Islands corporation recently formed by Teekay Corporation to provide international marine transportation of crude oil. Teekay Tankers Ltd.

CAI International (CAI) versus MITCHAM INDUSTR/SH (NASDAQ:MIND) Head-To-Head Review

MITCHAM INDUSTR/SH (NASDAQ:MIND) and CAI International (NYSE:CAI) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations. Risk & VolatilityMITCHAM INDUSTR/SH has a beta of 1.46…