Eurasia Journal News

Weatherford Releases 2023 Digital Annual Update

Weatherford International plc (“Weatherford” or the “Company”) announced the release of its 2023 Annual Update, highlighting outstanding results for the year. The digital update showcases new technology developments, recent strategic acquisitions, and the Company’s unwavering focus on creating long-term value for customers and investors, paving the path for sustainable and …

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Eurasia Journal News

Wintershall Dea Q2 2022 Results: Strong Financial Delivery and Stable Operations

Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2022 results. Q2 2022 SUMMARY Stable operational performance, daily production of 623,000 boe for the quarter, 2% higher YoY, full year guidance revised higher to 620,000-640,000 boe/d from 610,000-630,000 boe/d; Strong financial results underpinned by continued …

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Russia Oil Gas Magazine

NOV Reports Second Quarter 2022 Earnings

Revenue of $1.73 billion, up 12% sequentially and 22% year-over-year Net Income of $69 million, or $0.18 per fully diluted share Operating profit of $68 million, up $89 million sequentially and $56 million year-over-year Adjusted EBITDA* of $150 million, up $47 million sequentially and $46 million year-over-year Orders of $670 …

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Russia Oil Gas Magazine

Weatherford Announces Second Quarter 2022 Results and Raises Full-Year Outlook

Full-year revenue outlook increased to mid-teens growth year-over-year Second quarter revenues of $1,064 million increased 13% sequentially, led by strong international growth of 14% Operating income was $104 million, compared to $18 million in the first quarter of 2022 and adjusted EBITDA[1] was $186 million or a 17.5% adjusted EBITDA …

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Eurasia Journal News

Fugro Half-Year Financial Results 2022

The publication of this H1 2022 press release, originally planned for 28 July 2022, has been brought forward to support the launch of Fugro’s new financing package (reference is made to separate press release). Ongoing growth in revenue supported by particularly high client demand for renewables services. Overall EBIT margin …

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Russia Oil Gas Magazine

Baker Hughes Company Announces Second Quarter 2022 Results

PDF Version Orders of $5.9 billion for the quarter, down 14% sequentially and up 15% year-over-year. Revenue of $5.0 billion for the quarter, up 4% sequentially and down 2% year-over-year. GAAP operating loss of $25 million for the quarter, down $304 million sequentially and down $219 million year-over-year. Adjusted operating …

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Uncategorized

Gazprom Neft Reports IFRS Financial Statements for 1H 2014

Gazprom Neft has published its consolidated financial results for 1H 2014, in accordance with International Financial Reporting Standards. During the period, the growth in hydrocarbon production and premium channel sales, in addition to rising prices for crude oil and associated products, have helped drive a 13.9% increase in sales to …

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NOVATEK Announces Consolidated IFRS Results for First Quarter 2014

NOVATEK today released its consolidated interim condensed financial information as of and for the three months ended 31 March 2014 prepared in accordance with International Financial Reporting Standards (“IFRS”). In the first quarter 2014, our total revenues increased by 10.1% to RR 88.7 billion compared to RR 80.6 billion in the …

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Cadogan Petroleum plc: Annual Financial Report

The Directors present the Annual Financial Report for the year ended 31 December 2012. The full Annual Report and Accounts will shortly be available via the Company’s website at www.cadoganpetroleum.com KEY POINTS Cadogan Petroleum plc is an independent oil and gas exploration,development and production company with onshore gas, condensate and …

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Cadogan Petroleum: Interim Management Statement

Introduction Cadogan published its financial report for 2011 on 30 April 2012.   Financial position At 17 May 2012 the Group had current cash and cash equivalents of approximately $56.6 million.   Operations The Group continues to operate safely and efficiently throughout the period. The Group spudded a 5,160 metres …

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