TGS NOPEC: Announces Q3 Revenues of USD 190 million
TGS reports net revenues of USD 190 million in Q3 2014, compared to USD 191 million in Q3 2013. Earnings before interest and taxes (EBIT) totaled USD 71 million, corresponding to an EBIT margin of 38%. Cash flow from operations was USD 184 million, an increase of 57% from Q3 last …
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 …