Petroleum Geo-Services ASA: First Quarter 2015 Results
Highlights Q1 2015 Revenues of $251.1 million, compared to $292.5 million in Q1 2014 EBITDA of $124.8 million, compared to $138.5 million in Q1 2014 EBIT of $10.9 million, compared to $45.2 million in Q1 2014 Strong cash flow from operations of $212.4 million, compared to $182.1 million in Q1 …
ERIELL Group is Interested in the Saudi Arabia Market
ERIELL Group has concluded an agreement with the consulting company BAS Global Investments Co. Ltd., which will render assistance regarding the ERIELL activity in the Saudi Arabia market. The partnership involves assistance in organization of logistic and infrastructural processes, and the marketing support. “ERIELL Group is interested in the opportunities …
Exterran Holdings Announces Quarterly Cash Dividend
Exterran Holdings, Inc. today announced that its Board of Directors has declared a dividend of $0.15 per share of common stock, a rate of $0.60 per share on an annualized basis, to be paid on May 18, 2015 to stockholders of record at the close of business on May 11, …
Aker Solutions ASA: First-Quarter Results 2015
Aker Solutions‘ revenue rose 14 percent to NOK 8.5 billion in the first quarter of 2015 from a year earlier, boosted by progress on major projects from Angola to Brazil and Norway. Earnings before interest and taxes (EBIT) fell 22 percent to NOK 409 million in the quarter from a …
Blue Water Shipping signs contract with Baku Shipyard
Special transports to the Caspian region is a core competence of Blue Water Shipping, who will once again set a record for a transport through the Russian river system Blue Water Shipping has signed a contract with Baku Shipyard covering the transport of two hull sections from Singapore to the …
Mercury Well Control: Signs Exclusive Support Agreement with Four Horses LLC
Mercury Well Control, with corporate headquarters in Houston, Texas, announced the establishment of an exclusive support agreement with Four Horses LLC, an E&P holdings and investment firm. The agreement comes as Mercury expands their operational support for the Middle East and South America. “This is an exciting relationship with Mercury …
TMK Announces Board of Directors Decisions
TMK’s Board of Directors at the meeting on April 23 decided to convene an Annual General Meeting of Shareholders (AGM) which will take place on June 23, 2015 at 12.00 at the following address: Moscow, Kotelnicheskaya nab., 1/15 (movie theatre space). The record date for the list of shareholders eligible …
TMK Group: Starts Shipping Tubular Products for the Power of Siberia Gas Transmission System
TMK, one of the world’s leading producers of tubular products for oil and gas industry, started large diameter pipe (LDP) supplies for Power of Siberia gas transmission system by Gazprom with April shipments to reach near 28 kt. Gazprom named TMK as one of tubular product suppliers for the project …
Weatherford: Q1 Results – Revenue Down 22%, USA Down 34%
Weatherford International plc (NYSE: WFT) reported a net loss before charges of $33 million ($0.04 net loss per share non-GAAP) on revenues of $2.79 billion for the first quarter of 2015. First Quarter 2015 Highlights – International operating income margins improved 120 basis points sequentially, led by Latin America and …
Petroleum Geo-Services ASA : PGS Employee Elected Directors
Petroleum Geo-Services ASA concluded its election for Directors to the Board among the employees yesterday. The three employee elected Directors are: Anette Valbø – Corporate Controller, Marine Contract Espen Grimstad – Senior Supervisor, Operations Berit Osnes – Senior Vice President, MultiClient. Alternate directors are: Atle Aamodt – Senior Vice President, …