Schlumberger Limited today reported full-year 2013 revenue from continuing operations of $45.27 billion versus $41.73 billion in 2012. Full-year 2013 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $6.33 billion, representing diluted earnings-per-share of $4.75 versus $4.01 in 2012. Fourth-Quarter Results Fourth-quarter 2013 revenue was $11.91 billion versus $11.61 billion in […]
Parkmead has signed an agreement with EWE VERTRIEB GmbH to acquire a 20 per cent. interest in UK production licence P.1293 (Block 14/18b ALL) which contains the Athena oil field. Completion of the acquisition is subject to the usual partner and regulatory approvals. Following the acquisition of Lochard Energy Group PLC, completed in July 2013, […]
Antrim Energy Inc., an international oil and gas exploration and production company, reported its financial and operational results for the three and nine month period ended September 30, 2013. In the nine month period ended September 30, 2013, Antrim generated cash flow from operations of $9.1 million ($0.05 per share) compared to a cash deficiency […]
Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, sees recovery of performance in 4QFY13 as EMAS AMC, Ezra’s Subsea Services business, establishes a solid operational foundation for the Group. For the financial year ended 31 August 2013 (“FY13”), the Group posted revenue growth of […]
Increased demand for the Applied Acoustics’ products has necessitated the installation of a further calibration tank at the Company’s Great Yarmouth facility. The new tank will enable production schedules to keep pace with additional customer requirements for advanced subsea acoustic positioning products that are calibrated prior to shipment to check acoustic integrity. UK Sales Advisor […]
August 27, 2013 | Posted in
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SeaBird Exploration PLC “SeaBird”, a global provider of marine 2D/3D/4D seismic data, and associated products and services to the oil and gas industry, has announced the second quarter 2013 financial results. Revenues and earnings for the second quarter were down from the first quarter as the company actively increased investment in multi-client surveys, prepared the […]
EnQuest, an independent oil and gas development and production company, releases its first half of 2013 results. Production in H1 2013 was 21,455 Boepd, up 5.9% on H1 2012. Development drilling at the core hub assets delivered good results in H1 2013, this has continued into H2 2013 with a new well on the Thistle […]
Fort William-based subsea training and trials facility, The Underwater Centre, has seen a 25% increase in the number of students through its doors in 2012, with the number set to increase even further by the end of 2013. There was also a rise in the number of international students training at the Centre, with graduates […]
DONG Energy’s unit interest in one of its major assets, the Norwegian gas field Ormen Lange, has increased from 10.34% to 14.02%. The increase in DONG Energy’s unit interest is based on an agreed redetermination process initiated by the Ormen Lange partners and concluded in June 2013 in the form of an independent external expert […]
June 7, 2013 | Posted in
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Dolphin Geophysical AS, a wholly-owned subsidiary of Dolphin Group ASA, has today entered into a term sheet with DNB Bank ASA and Sparebank 1 SR Bank ASA, which contemplates an increase of Dolphin’s existing loan facility with the lenders. The increased amount under the facility will be employed for financing seismic equipment for the vessels […]
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