GC Rieber Shipping delivered a solid results for the second quarter with a stable and good operations. Total fleet utilisation was 94 percent in the quarter, compared to 96 percent in the same period in 2013. The decrease is related to a planned yard stay for upgrading “Polar Marquis”, which was completed and delivered for […]
August 22, 2014 | Posted in
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Electromagnetic Geoservices ASA’s (EMGS) reported revenues of USD 42.5 million in the second quarter 2014, down from USD 61.3 million in the first quarter this year and from USD 44.4 million in the corresponding quarter last year. Contract sales totaled USD 35.5 million, while multi-client sales were at USD 7.0 million this quarter. The Company […]
Cameron reported earnings per share for the second quarter of 2014 of $1.00 excluding unusual items. This compares to earnings per share for the second quarter of 2013 of $0.77 excluding unusual items. The unusual items for the second quarter of 2014 were after-tax credits of $0.02 per share and a $0.06 per share gain […]
July 24, 2014 | Posted in
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Kvaerner delivered results for the second quarter in line with what the company has predicted. In addition, the order book has increased with new contracts and growth in existing projects. Operating revenues for the second quarter were NOK 2 861 million, while they were NOK 3 278 million in the corresponding quarter last year. The […]
July 16, 2014 | Posted in
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Chevron Corporation reported in its interim update that earnings for the second quarter 2014 are expected to be higher than first quarter 2014 as a result of gains on asset sales and an absence of impairments in the prior quarter. Foreign exchange losses in the second quarter are expected to be higher than first quarter […]
Ithaca Energy Inc. provides a production update following the end of the second quarter of the year. Average pro-forma production in Q2-2014 was approximately 14,400 barrels of oil equivalent per day (“boepd”), 94% oil, including the contribution from the assets being acquired from Sumitomo Corporation (the “Summit Assets”). This performance is in line with the […]
July 10, 2014 | Posted in
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Valve engineering specialist Severn Glocon Group has been awarded a Queen’s Award for Enterprise, International Trade for the second time in four years. The award recognises the British manufacturer’s three year trajectory of continuous growth in overseas sales. Between 2010 and 2012 international trade increased by 120 per cent and now represents 68 per cent […]
The second vessel in the Ramform Titan class, the Ramform Atlas was named today in Nagasaki, Japan. To Petroleum Geophysical Services ASA (“PGS”), safety, efficiency and productivity are the most important features of the new, 24-streamer vessel. The ceremony took place at the MHI yard in Nagasaki. The vessel will typically tow a network of […]
January 24, 2014 | Posted in
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The Greenland Bureau of Minerals and Petroleum has awarded a licence to a partnership consisting of Eni, BP, NUNAOIL and DONG Energy. With the new licence, DONG Energy now has two licences in Greenland. DONG Energy already has a licence in the Baffin Bay off the west coast of Greenland. ConocoPhillips is operator and the […]
December 27, 2013 | Posted in
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UK based Seatricity plans to deploy its second generation device at Wave Hub next year before building out to a full scale grid-connected array in 2015. Seatricity managing director Peter Mitchell said: “Our first generation Oceanus 1 device has undergone extensive and successful sea trials in Scotland and we are ready to make the next […]
December 10, 2013 | Posted in
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