Schlumberger: Q4 and 2014 Results – $296m Charge for 9,000 Layoffs
Houston, January 15, 2015—Schlumberger Limited today reported results for the full-year and fourth-quarter 2014. Full-year results are shown here. – Fourth-quarter revenue of $12.6 billion increased 6% year-on-year – Fourth-quarter EPS of $1.50, excluding charges and credits, grew 11% year-on-year – Board approves 25% increase in dividend, effective April 10, …
Polarcus: Rod Starr to Succeed Rolf Ronningen as Chief Executive Officer
Polarcus Limited announces that the Board of Directors has, following a comprehensive selection process, chosen Rod Starr to succeed Rolf Ronningen as Chief Executive Officer of Polarcus. Rolf Ronningen, who informed the Board of his planned retirement in 2014, will continue as Chief Executive Officer until Rod takes up his …
Vikoma International: Paul Raynor Appointed Sales Director
Leading oil pollution and environmental technology company, Vikoma International Limited, has appointed a new Sales Director with a wealth of market sector experience. Vikoma International leads the world in the design, manufacture and installation of oil spill containment and recovery equipment. The business has a global reputation for the development …
ShawCor: Completes the Acquisition of Dhatec B.V
ShawCor Ltd. announced today that it has completed the acquisition of Dhatec B.V. for an undisclosed amount. Dhatec is a Netherlands based company which designs, assembles and markets engineered pipe logistics products and services which mitigate damage and enhance safety and efficiency in the manufacturing, coating, handling, transportation, preservation and …
Bashneft: Signs Automation Agreement with Emerson
Bashneft and Emerson Process Management have signed a long-term Memorandum of Cooperation on the development of systems for comprehensive automation of industrial facilities. The document was signed by Bashneft’s President Alexander Korsik and Nikolay Shestakov, Vice President of Emerson Process Management, Director General of LLC Emerson. In accordance with the …
Arctech Helsinki Shipyard: Fully Owed by United Shipbuilding Corporation After Buyout
Arctech Helsinki Shipyard is in 100 % Russian ownership as United Shipbuilding Corporation bought the other half of the company shares from STX Finland Oy. Arctech Helsinki Shipyard Inc. was founded in December 2010 as United Shipbuilding Corporation bought the first 50% of the shipyard shares from STX Finland, a …
Weatherford: Completes Drilling Fluid Business Unit Sale to Lubrizol
Weatherford International plc closed the previously announced sale of the Company’s engineered chemistry and Integrity drilling fluids businesses to an affiliate of The Lubrizol Corporation, a Berkshire Hathaway company, for a purchase price of $750 million, subject to a customary post-closing working capital adjustment. Weatherford may also receive a potential …
C.A.T oil AG: Management Board Steps Down
Anna Brinkmann, member of the management board and Chief Operating Officer of C.A.T. oil AG, has, in agreement with the supervisory board, resigned from the Company’s management board with immediate effect. She has decided to take this step in order to be able to exercise her rights as significant shareholder …
C.A.T oil AG: Board Accepts Joma Industrial Bid but is Still Wary of Their Intentions
The Management Board and Supervisory Board of C.A.T. oil AG today published their Joint Reasoned Statement pursuant to Article 27 WpÜG on the takeover offer made by Joma Industrial Source Corp. (“Joma”) on December 11, 2014. In this statement, Management Board and Supervisory Board indicate that the offer price of …
J D Neuhaus Hoists Facilitate Crane Repairs On An Offshore Platform
When the diesel engine of a deck crane failed, it caused major handling problems for an offshore platform operating in the Dutch sector of the southern North Sea, problems that were solved with the use of J D Neuhaus air operated hoists. The crane was operating at 40 metres above …