PGS: 3rd Quater Results – Revenues Up, EBITDA Down
Highlights Q3 2014: Challenging Market Good Contract and Cash Flow Performance Revenues of $394.2 million, compared to $365.6 million in Q3 2013 EBITDA of $181.7 million, compared to $216.0 million in Q3 2013 EBIT, excluding impairments, of $77.5 million, compared to $108.3 million in Q3 2013 Group EBIT margin, excluding impairments, of …
ABB delivers strong order growth in Q3
Orders up 28%1 driven by large orders in power infrastructure and oil and gas Base orders increased for 5th consecutive PS ‘step change’ program on track; operational EBITDA2 at breakeven in Q3 Revenues and operational EBITDA reflect lower opening order backlog and Power Systems Cost reduction and cash generation …
ABB partners with Vestas to electrify off-grid communities in Africa
Zurich, Switzerland, Oct. 20, 2014 – ABB, the leading power and automation technology group, and global wind energy company Vestas today signed a partnership agreement whereby they will contribute with their respective technologies to help rural communities in developing markets gain access to affordable clean electricity. The two companies …
Schlumberger Increases Year-on-year Revenue by 9%
Schlumberger Limited (NYSE:SLB) today reported third-quarter 2014 revenue of $12.6 billion versus $12.1 billion in the second quarter of 2014, and $11.6 billion in the third quarter of 2013. Third-quarter revenue was up 5% sequentially and increased 9% year-on-year with International Areas revenue of $8.3 billion growing $222 million, or …
Two Liebherr 200 EC-H 10 FR.tronic Tower Cranes Used in a Shipbuilding Yard in India
Two 200 EC-H 10 FR.tronic tower cranes used in Lavgan Dockyard ship repair yard on the west coast of India Both cranes are mounted on rail-going portals Cranes feature special maritime equipment Liebherr-Werk Biberach GmbH delivered two cranes for permanent use in a Lavgan Dockyard in India. The two 200 …
New Order for Drillmec in the Land of Fire
Last April, Drillmec signed a contract with SOCAR-AQS for the supply of an automatic hydraulic model HH300 off-shore. SOCAR-AQS LLC was established in 2007 between State Oil Company of Azerbaijan Republic (51%) and Absheron Drilling Company (49%). SOCAR-AQS LLC is a fast growing, integrated drilling and services provider that is …
LQT Industries: Provides Subarctic Aluminum Accommodations Facility For Sakhalin
LQT Industries, LLC, a full-service provider of high quality accommodation facilities, electrical buildings, design-build construction services, and support services to the oil and gas industry, has built and commissioned a subarctic aluminum accommodations facility to be used by a global energy company on a drilling platform off the coast of …
Hardbanding Solutions: New Gauge Measures Hardband Thickness “At A Glance”
Producers, drilling contractors and rental companies periodically experience marginally acceptable hardbanding applications. But now there is a simple, but effective, new tool to ensure that their hardband applicators are properly applying hardbanding alloys such as Duraband® NC or Tuffband® NC. The new Hardbanding Gauge & Rule, just introduced by Hardbanding …
SLC-Group Delivered New Directional Well for Rosneft on Olkhovskoe Oilfield
New directional well # 2514 was drilled on Olkhovskoe oilfield for ROSNEFT oil company with the using of the top drive system DQ50B, which was set on the drilling rig ZJ-50 DB. The well length was 3741 m. Performance of the top drive had the following maximum values: rotation speed …
SkyWave Adds New Eclipse-Based Tool to Application Development Environment
Familiar software brand will make it easier and reduce time to bring unique M2M solutions to market SkyWave Mobile Communications, a global provider of wireless data communications for the Machine-to-Machine (M2M) market, today announced that their software toolkit now includes an Eclipse-based Integrated Development Environment (IDE) for creating applications that …