Search results for: 2019 Forecast

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A list of search results

  • 13 December 2018
    Business & Finance

    The UK-based energy services giant TechnipFMC said it estimates 2019-revenues between $12.8 – $13.5 billion. The company’s Subsea division is expected to generate $5.4 – $5.7 billion in 2019, with EBITDA margin of at least 11%. Revenue forecast for Onshore/Offshore is in a range of $5.7 – 6.0 billion, while Surface Technologies are expected to […]

  • 15 December 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News has put together a recap of the most interesting articles from the previous week (December 10 – December 16). TechnipFMC Delivers 2019 Forecast Pioneering Spirit Arrives for Nord Stream 2 Job Western Gas Signs Up McDermott and BHGE for Equus Project Seaway Offshore Cables Nets US Offshore Wind Project UTEC Gets McDermott […]

  • 21 March 2019
    Business & Finance

    Norwegian offshore vessel owner Standard Drilling has scored three longer-term contracts for its platform supply vessels.

  • 21 February 2019
    Business & Finance

    Maersk: Earnings increased despite a challenging start to 2018, however, profitability still needs to improve.

  • 22 October 2019
    Business & Finance

    The company now expects its EBITDA to be in the range of USD 5.4 to 5.8 billion, up from the previous USD 5 billion.

  • 31 January 2020
    Business & Finance

    Japanese shipping major MOL unveils a number of new restructuring measures.

  • 3 December 2019

    Australian oil and gas company Santos has increased its 2025 production target further to 120 million barrels of oil equivalent (mmboe), more than double 2018’s output.

  • 3 December 2019

    Australian LNG player Santos has lifted its 2025 production target further to 120 million barrels of oil equivalent, more than double 2018’s output.

  • 9 March 2015
    Business & Finance

    USD 81 billion will be spent on Floating Production and Storage units (FPS) between 2015 and 2019, 73% more compared to 2010-2014, despite the current low oil price environment, the market analysts from Douglas-Westwood project in their ”World Floating Production Market Forecast 2015-2019.”     The value of annual installations is projected to grow from nearly USD 12bn […]

  • 1 July 2019

    Australian government’s Department of Industry, Innovation and Science has revised the forecast for Australian liquefied natural gas earnings. 

  • 21 December 2018

    The value of Australian LNG exports are forecast to hit A$50.4 billion ($35.7 billion) in 2018-2019 as export volumes rise along with the prices. 

  • 3 October 2018

    Australian liquefied natural gas exports fetched $31 billion during the 2017-2018 period, with 62 million tons exported during the period.

  • 30 January 2020
    Business & Finance

    MODEC revised its consolidated forecast for 2019 amid the recording of extraordinary loss.

  • 4 July 2019
    Business & Finance

    Drewry confident that world trade will rebound in 2020, but much will depend on developments outside of carriers’ control.

  • 10 August 2016

    Despite challenging market conditions, global capital expenditure on FLNG facilities is forecast to total $41.6 billion over the 2016-2022 period, according to a report by Douglas-Westwood (DW). The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units over the last 24 months. However, the need to move towards cleaner sources of […]

  • 22 January 2020
    Business & Finance, Equipment

    Baker Hughes has reported profit of $48 million or 7 cents per share on GAAP basis for the quarter ended December 31, 2019. The result compares with $131 million profit in Q4 2018, and $57 million profit sequentially. Adjusted net income (non-GAAP) attributable to Baker Hughes was $179 million, up 49% from same time last […]

  • 16 November 2015
    Business & Finance, Equipment, Operations & Maintenance

    The global ROV market is anticipated to significantly contract in value terms in 2016 (-6.3%) and then plateau in 2017, due to the current oil price downturn, according to a provider of market research & consulting within energy industry, Douglas-Westwood (DW). In its latest ROV market forecast for the operation of work-class ROVs through to 2019, DW has highlighted […]

  • 10 January 2018

    The U.S. Energy Information Administration has reduced its forecast for Henry Hub natural gas spot prices this year. In its latest Short-Term Energy Outlook released on Tuesday, the agency said Henry Hub gas prices would average $2.88 per million British thermal units in 2018 and $2.92/MMBtu in 2019. The 2018 estimate is down 24 cents […]

  • 11 July 2018

    The U.S. Energy Information Administration has slightly revised its forecast for Henry Hub natural gas spot prices for this year and 2019. 

  • 25 December 2019

    Australia is expected to marginally edge past Qatar as the world’s largest LNG exporter in 2019, shipping an estimated 78 million tonnes of LNG compared with an estimated 75 million tonnes from Qatar.

  • 25 January 2018

    Brent oil price rose to $71 a barrel early on Thursday, a level not seen since late 2014

  • 14 January 2015

    The global capital expenditure (Capex) in the LNG industry will total nearly USD 259 billion from 2015 to 2019, according to a report by Douglas-Westwood. This includes spending on baseload onshore and offshore liquefaction, LNG carriers, and LNG regasification at onshore and offshore fixed terminals, Douglas-Westwood said in its ‘World LNG Market Forecast 2015–2019’. Australasia and […]