Aker Solutions: Q4 Sales up 21%
Aker Solutions revenue rose 21 percent to NOK 9.2 billion in the fourth quarter of 2014 from a year earlier, helped by strong progress on major projects across the global business. Earnings before interest and taxes (EBIT) climbed to NOK 557 million in the quarter from NOK 486 million a …
Petroleum Geo-Services ASA : Fourth Quarter and Preliminary Full Year 2014 Results
PGS: Strong 2014 MultiClient Late Sales – Well Placed to Navigate Current Market Environment Revenues of $1,453.8 million, compared to $1,501.6 million in 2013Highlights 2014 EBITDA of $702.6 million, compared to $828.9 million in 2013 EBIT, excluding impairments, of $178.0 million, compared to $397.1 million in 2013 Group EBIT margin, excluding …
AGR: Wins Drilling Optimisation Contract with LUKOIL Overseas
Global oil and gas service provider AGR announces a substantial contract win to optimise drilling performance with LUKOIL Overseas, the operator of LUKOIL’s international upstream projects. The contract covers LUKOIL’s drilling operations in several territories internationally, including Middle East, Black Sea, Africa and Central Asia. AGR will increase LUKOIL’s drilling …
Boskalis: Takes Ownership of the White Marlin and Freeway
Royal Boskalis Westminster N.V. (Boskalis) announces that the Dockwise vessel White Marlin was named and christened during a festive ceremony in Guangzhou, China. Following the ceremony, the semi-submersible heavy transport vessel will be mobilized to Singapore for its maiden transport of two drilling rigs for discharge in Abu Dhabi. The …
C.A.T. oil AG: 2015 Order Book Takes Massive Ruble Rate Hit
C.A.T. oil AG, the provider of oil and gas field services in Russia and Kazakhstan, informs about the 2015 tendering campaign: despite the difficult macroeconomic environment in its core markets and the weak oil price the Company has successfully placed more than 90% of its fracking capacities, around 75% of …
Kværner ASA: Fourth Quarter Results 2014
Stable margins, positive development of competitive power. The high activity level in Kvaerner continued in the fourth quarter. Revenues for the full year reached a record high of NOK 17.5 billion, including Kvaerner’s share of jointly controlled entities. Simultaneously with the execution of parallel projects, the company implemented several measures …
Tenaris: Sakhalin Island’s ERD Wells Adopt Blue Connections
The high reliability of TenarisHydril Blue® connections proves instrumental in the installation of challenging horizontal casing strings in the Russian Far East. Reaching under the Sea of Okhotsk Located around 7 km off the coast of Russia’s Sakhalin Island under the freezing waters of the Sea of Okhotsk, the field …
TGS: Record Fourth Quarter Helps to Achieve Annual Guidance
Following its update on 13 January, TGS now confirms net revenues of USD 298 million in Q4 2014, up 10% from USD 271 million in Q4 2013 and representing a record high for the Company. TGS achieved its 2014 guided revenues with full year net revenues of USD 915 million, …
Polarcus: Rod Starr Assumes Role of Chief Executive Officer
Reference is made to the stock exchange notice published by Polarcus Limited on 11 January 2015 regarding the appointment of Rod Starr as the next Chief Executive Officer of Polarcus. The Company is pleased to announce that effective today, Rod Starr has assumed the role of Chief Executive Officer of …
Weatherford: Q4 and 2014 Annual Results – Debt Down $1.2bn
Weatherford International plc reported net income before charges of $252 million ($0.32 diluted earnings per share non-GAAP) on revenues of $3.73 billion for the fourth quarter of 2014. – Fourth Quarter EPS of $0.32 per share (non-GAAP) – Reduces Net Debt by $1.1 billion and generates free cash flow of …