Boskalis Posts Record Net Profit of EUR 490 million
Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014 (2013: EUR 366 million). Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion). EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 per cent at EUR …
Energistics: Transfer Protocol Read for Review
The Community Technology Preview (CTP) V2.0 of the Energistics Transfer Protocol (ETP) is now ready for review and comment. To download the CTP, please visit the ETP web page. The ETP is the new data exchange specification that enables the efficient transfer of data between applications and systems. It defines …
GE: Three Ways High Power Induction Motor Technology Will Prove A Game-Changer For Today’s Cost-Challenged Oil & Gas Industry
In the wake of falling oil prices, it is now more crucial than ever for oil & gas companies to look at how they can reduce capital and operational expenditure. Underlining this, a recent report from PwC highlights that the oil & gas industry needs “intelligent and strategic cost-cutting” to …
TMK Group – 2014 Results Highlights
OAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces today its audited consolidated IFRS financial results for the twelve months ending December 31, 2014. To see the full break down please click here Russia 4Q 2014 vs. 3Q 2014 Revenue decreased …
Bentec: Iron Roughneck
The Bentec Iron Roughneck is built to maximize the efficiency of pipe handling operations. It provides a safe and versatile alternative to conventional pipe connection techniques for make-up/break-out operations. Available models • IR-100-5-B 5 ft reach version – Basic Design • IR-100-8-B 8 ft reach version – Basic Design • …
Liebherr Offshore Cranes Set New Record
87 units supplied in 2014 – more than twice as many as in 2012 Board offshore cranes (BOS) and mast type cranes (MTC) are bestsellers Well-filled order book leads to optimistic outlook Liebherr offshore cranes set a historical record in terms of annual deliveries, supplying as many cranes per year …
SLC-Group: Horizontal Oil Well for Rosneft
New horizontal oil well # 5558 was drilled on Krasnoleninskoe oilfield for ROSNEFT oil company, with the using of the top drive system DQ70BSQ, which was set on the drilling rig ‘БУ 3000 ЭУК’. The well depth was 3962 m. Performance of the top drive had the following maximum values: …
National Oilwell Varco Declares Regular Quarterly Dividend
National Oilwell Varco, Inc. announced that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on March 27, 2015 to each stockholder of record on March 13, 2015. National Oilwell Varco is a worldwide leader in the design, manufacture and sale …
Bentec: New Generation of Arctic Cluster Slider Rig Put into Operation
Major Russian client to benefit from superior and safe drilling performance As part of a major contract for the supply of two rigs in Komi Republic in the north of Russia, Bentec was in charge of designing, manufacturing and delivering a new generation of its arctic cluster slider rig. Coming …
Exterran Holdings Reports Fourth-Quarter and Full-Year 2014 Results
Exterran Holdings, Inc. today reported EBITDA, as adjusted (as defined below), of $182.3 million for the fourth quarter 2014, as compared to $170.6 million for the third quarter 2014 and $154.4 million for the fourth quarter 2013. EBITDA, as adjusted, of $182 million for the quarter Organic horsepower growth of …