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Prosafe SE: Q4 2018 results and webcast on 5 February 2019

17 hours ago DieselGasoil Comments Off on Prosafe SE: Q4 2018 results and webcast on 5 February 2019
Prosafe SE will release its fourth quarter 2018 results on 5 February 2019 at approx. 07:00 a.m. CET. Jesper Kragh Andresen, CEO and Stig H. Christiansen, Deputy CEO & CFO will the same day at 10:00 a.m. CET present the results at Felix Konferansesenter, Bryggetorget 3, Oslo. The presentation can be followed live via web Read More

Shawcor to Acquire ZCL Composites

19 hours ago DieselGasoil Comments Off on Shawcor to Acquire ZCL Composites
Purchase price of $10.00 per share, representing an aggregate equity value of $308 million Low double-digit adjusted EPS1 accretion to Shawcor in the first year post closing Financed with cash and new credit facility Expected closing early in the second quarter of 2019 TORONTO, Jan. 20, 2019 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the Read More

Saipem has been awarded two new offshore contracts from Saudi Aramco for $1.3 billion

22 hours ago DieselGasoil Comments Off on Saipem has been awarded two new offshore contracts from Saudi Aramco for $1.3 billion
1/20/2019 Saipem 7000. Photo by Alf van Beem. MILANO, Italy — Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately $1.3 billion as part of the Long Term Agreement for offshore activities in Saudi Arabia, renewed in 2015 and in force Read More

NATO, church & brotherhood of arms: Vladimir Putin visits Belgrade

4 days ago DieselGasoil Comments Off on NATO, church & brotherhood of arms: Vladimir Putin visits Belgrade
Russian President Vladimir Putin got a hero’s welcome in Belgrade. The one-day visit to the last holdout against NATO’s ambitions in the Balkans may have been somewhat short on substance, but was certainly loaded with symbolism. Even before he landed, the Russian leader was given an honor guard by Serbian air force MiGs, a 2017 Read More

Gulfport pledges share buybacks after hedge fund demand

4 days ago DieselGasoil Comments Off on Gulfport pledges share buybacks after hedge fund demand
BOSTON (Reuters) – Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge fund investor Firefly Value Partners. After the close of trading, Oklahoma City-based Gulfport announced plans to buy back $400 million worth of Read More

Apple, Amazon called out for 'incorrect' Taiwan, Hong Kong references

5 days ago DieselGasoil Comments Off on Apple, Amazon called out for 'incorrect' Taiwan, Hong Kong references
TAIPEI/SHANGHAI (Reuters) – One of China’s top government-linked think tanks has called out Apple Inc, Amazon.com Inc and other foreign companies for not referring to Hong Kong and Taiwan as part of China in a report that provoked a stern reaction from Taipei. FILE PHOTO: An electronic screen displays the Apple Inc. logo on the Read More

Processing Units in Transit to Romania

6 days ago DieselGasoil Comments Off on Processing Units in Transit to Romania
JERSEY, Channel Islands, Jan. 16, 2019 (GLOBE NEWSWIRE) — Serinus Energy plc (“Serinus”, “SEN” or the “Company”) (AIM:SENX, WSE:SEN), announces that the Company has confirmed that the Low Temperature Separation (“LTS”) unit and the Triethylene Glycol (“TEG”) unit (together, the “Units”)  due for installation at its Moftinu gas plant in Romania have been loaded onto Read More

Prosafe SE: Operational update Q4 2018

6 days ago DieselGasoil Comments Off on Prosafe SE: Operational update Q4 2018
The fleet utilisation rate in the fourth quarter of 2018 was 63 per cent (Q4 2017: 36.1 per cent), up from 48 per cent in the third quarter of 2018 and at its highest since Q3 2015. The fleet utilisation for the year was 47.3 per cent (2017: 38.4 per cent). The improved utilisation for Read More

Helmerich & Payne, Inc. Invites You to Join Its First Quarter Conference Call on the Web

1 week ago DieselGasoil Comments Off on Helmerich & Payne, Inc. Invites You to Join Its First Quarter Conference Call on the Web
TULSA, Okla., Jan. 11, 2019 (GLOBE NEWSWIRE) — In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) first quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Wednesday, January 30, 2019, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Read More

Parex Tests a Combined 3,800 bopd from the Andina-2 Guadalupe Formation

2 weeks ago DieselGasoil Comments Off on Parex Tests a Combined 3,800 bopd from the Andina-2 Guadalupe Formation
CALGARY, Alberta, Jan. 10, 2019 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, provides an operational update, highlighted by the testing of the Capachos Block Andina-2 well in the Guadalupe Formation. Capachos (WI Parex 50%, Ecopetrol S.A 50%): Read More