Search results for: Dip

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  • 28 April 2014

    Thailand’s PTTEP posted a net profit of USD 380 million, a decrease of USD 300 million or 44% against the first quarter of 2013. The decrease of 2014 first quarter net profit comprised of the non-recurring items of USD 106 million from the impact of foreign exchange and of the recurring net profit of USD […]

  • 11 May 2017
    Business & Finance, Equipment, Technology

    Seatools, a Dutch subsea technology company, has introduced the fourth-generation DipMate® backhoe dredging monitoring and control systems. The upgrade encompasses two models: the Essential and Pro. The Essential is a cost-competitive visualization system that contains all essentials for efficient backhoe dredging and Pro is an advanced version that can be delivered with a range of automation […]

  • 2 March 2015
    Business & Finance

    The Italian shipbuilding group Fincantieri recorded EUR 55 million (USD 61.7m) net profit in 2014, a 35% drop compared to EUR 85m (USD 95.3m) the company made in 2013, despite an increase in shipbuilding orders. Fincantieri secured new orders totaling EUR 5.6 billion (USD 6.27bn), 13% more compared with EUR 4.9bn (USD 5.49bn) in 2013. Of the total new […]

  • 21 February 2013

    Chesapeake Energy announced financial and operational results for the 2012 fourth quarter and full year. For the 2012 fourth quarter, Chesapeake reported net income available to common stockholders of $257 million ($0.39 per fully diluted common share), ebitda of $1.299 billion (defined as net income (loss) before income taxes, interest expense and depreciation, depletion and […]

  • 16 May 2012

    MISC Berhad of Malaysia today said that for the first quarter ended 31 March, the group recorded revenue of RM2,403.9 million, a 17.8% decrease as compared to RM2,924.4 million in the same calendar period of last year. The revenue decrease was largely due to reduction in Liner business revenue from lower volume carried and lower […]

  • 4 December 2012
    Business & Finance

    Tullow Oil plc (Tullow) announces that the Zaedyus-2 appraisal well (GM-ES-2), offshore French Guiana, has completed drilling. The well, drilled 5km up-dip from the Zaedyus-1 well, encountered a total of 85 metres of reservoir quality sands with oil shows in several objectives but did not encounter commercial hydrocarbons at this location. Results of drilling, logging […]

  • 21 October 2011

    British prompt gas prices dipped on Friday morning as weaker demand ahead of the weekend and… (reuters) [mappress] Source: reuters, October 21, 201

  • 25 November 2011

    British prompt gas prices fell on Friday morning as warm weather weighed on demand and ample supplies compensated for higher…   (reuters) [mappress] Source: reuters, November 25, 2011;

  • 30 June 2014
    Business & Finance

    Overall confidence levels in the shipping industry fell slightly during the three-month period to May 2014 but remain at their second-highest level for the past six years, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Expectations of new investment were maintained over the three-month period, but the prospect […]

  • 30 April 2014

    Petronet LNG, India’s biggest liquefied natural gas importer, posted a net profit of Rs.169.3 crore for the quarter ended March 31, down 31 percent compared to the same period a year before. Petronet’s total income has increased from Rs.8,487.86 crore for the quarter ended March 31, 2013, to Rs.10,458.55 crore for the quarter ended March 31, 2014. The company’s net profit […]

  • 30 July 2013

    Petronet LNG posted a net profit of Rs. 2253.20 million for the quarter ended June 30, down 17 percent as compared to Rs. 2708.50 million for the quarter ended June 30, 2012. Total income has increased from Rs. 70570.10 million for the quarter ended June 30, 2012 to Rs. 84594.40 million for the quarter ended […]

  • 26 October 2012

    Nexen reported third quarter operating and financial results and provided an update on strategic priorities. Production volumes averaged 181,000 barrels of oil equivalent per day (boe/d), a decrease from second quarter production of 213,000 boe/d. This reflects the scheduled downtime associated with the turnarounds at Buzzard, Long Lake and Scott. Cash flow from operations decreased […]

  • 19 August 2015

    Japan’s imports of liquefied natural gas dropped 11.3 percent in July, as compared to the same month a year ago, preliminary data from the Ministry of Finance reveals.

  • 31 March 2015
    Business & Finance

    Israeli container carrier ZIM ended 2014 with a USD 127 million net loss, a result described as a ”sharp improvement” when compared to USD 216 million net loss the company recorded in 2013. The company carried 2.36 million TEUs in 2014, a 6% decrease compared with 2013. Most of the decrease was as a result of […]

  • 23 August 2011
    Business & Finance, Vessels

    DSC and its customer, the Port of New Orleans, were recently recognized in the 2011 Hot-Dip Galvanizing Excellence Awards for use of galvanized steel throughout the dredge design. The Dredge Edward S. “Ned” Reed was awarded in the water and marine category of the annual competition, representing the finest achievements in the use of hot-dip […]

  • 29 April 2020
    Business & Finance, Business developments & projects

    Russian gas giant Gazprom reported a 17 percent drop in 2019 net profit due to lower prices and declining demand in Europe. Gazprom’s net profit reached 1.2 trillion Russian roubles ($16.3 billion) last year. This compares to 1.46 trillion roubles in 2018. Operating profits also fell by 42 per cent to 1.12 trillion roubles and […]

  • 30 November 2011

    UK forward gas prices fell to a nine-month low on Wednesday morning on weak demand as prompt prices were stagnant as Britain’s short term…   (reuters) [mappress] Source: reuters, November 30, 2011; Image: uk national grid

  • 13 August 2015
    Business & Finance

    Danish shipping and energy conglomerate Maersk Group delivered USD 1.1 billion underlying net profit for the quarter ended June 30,  as compared to USD 1.2 billion reported for the same period a year earlier, largely due to a dip in oil price and lower average container freight rates. The underlying profit decreased for Maersk Line, Maersk Oil and APM Terminals and increased […]

  • 18 April 2019
    Business & Finance

    German wind turbine manufacturer Senvion, its lenders, and main bond holders have signed a binding loan agreement, setting forth terms for a EUR 100 million debtor-in-possession (DIP) facility. According to Senvion, the DIP facility enables the company to continue its business operations following last week’s self-administration filing. The loan has received Board approvals and allows substantial […]

  • 14 December 2018
    Business & Finance

    Moore Stephens: Shipping confidence dipped slightly but investment appetite remains undimmed.

  • 3 June 2011
    Business & Finance

    EnCore Oil plc announces that the Cladhan appraisal well 210/30a-4x, the final well in this current four well programme located in UK North Sea Blocks 210/29a & 210/30a, has reached Total Measured Depth of 10,614 feet. The appraisal well was drilled as a side-track to evaluate a channel to the south of the current Cladhan […]

  • 31 January 2014

    Petronet LNG of India posted a net profit of Rs. 1355.50 million for the quarter ended December 31, a drop of 57 percent compared to the same quarter in 2012. The decrease in net profit was primarily due to higher depreciation and interest charges pertaining to the Kochi LNG import terminal, the company said in […]