Search results for: Q3 2014

235031 results

A list of search results

  • 29 October 2014

    Statoil reported a negative net income of NOK 4.8 billion in Q3 2014, mainly due to impairments.

  • 26 November 2014

    Hoegh LNG posted a total income of $33.8 million in Q3, 2014, down from the $36.7 million achieved in the same quarter in 2013.

  • 21 February 2014

    Santos announced a 2013 net profit of $516 million after tax, in line with the previous year. Santos Chairman, Ken Borda, said consistent execution of the company’s strategy had positioned Santos for a step change in earnings and cash flow as its transformational LNG projects were delivered. “As the PNG LNG and GLNG projects commence […]

  • 18 December 2014
    Authorities & Government, Business & Finance

    According to the UK’s Energy Trends and Quarterly Energy Prices published by the Department of Energy and Climate Change (DECC) today, December 18, offshore wind energy generation rose by 14.1 per cent compared to the same period last year.  Renewables’ share of electricity generation increased from 13.6 per cent in the third quarter of 2013, to 17.8 […]

  • 18 December 2014
    Authorities & Government, Business & Finance

    According to the UK’s Energy Trends and Quarterly Energy Prices published by the Department of Energy and Climate Change (DECC) today, December 18, offshore wind energy generation rose by 14.1 per cent compared to the same period last year.  Renewables’ share of electricity generation increased from 13.6 per cent in the third quarter of 2013, to 17.8 […]

  • 13 November 2014
    Business & Finance

    Deep Down has reported net income of $1.2 million, for the third quarter of 2014, or $0.08 per diluted share, compared to net income of $0.4 million, or $0.03 per diluted share, for the third quarter of 2013. Revenues for the quarter ended September 30, 2014 were $8.5 million, and were relatively flat when compared […]

  • 29 October 2014
    Business & Finance, Operations & Maintenance

    Statoil’s third quarter 2014 net operating income was NOK 17.0 billion, a decrease from NOK 39.3 billion in the third quarter of 2013. Net income was negative NOK 4.8 billion mainly due to impairments. Adjusted earnings were NOK 30.9 billion, a decrease from NOK 40.4 billion in the third quarter of 2013. “Statoil’s quarterly earnings were […]

  • 13 November 2014
    Business & Finance, Equipment, Operations & Maintenance

    Oslo-listed seismic player Polarcus has slipped into the red as revenue slumped on a market slowdown due to cost-cutting by oil companies. The company recorded a net loss of USD 8.9 million in Q3 2014 compared to a net profit of USD 19.9 million in Q3 2013. Basic and diluted EPS were negative USD 0.018 in […]

  • 5 November 2014
    Business & Finance, Operations & Maintenance

    Dolphin Geophysical has seen revenues rise in the third quarter to $128.5 million, versus the $70.1 million same period last year due to increased 3D vessel capacity. Despite the challenging seismic market, the EBIT for the third quarter 2014 was $21.1 million (16,4%), compared to $17.4 million in Q3 2013. EBITDA was $38.2 million (29,7%) […]

  • 15 October 2014
    Business & Finance, Operations & Maintenance

    Singapore listed shipbuilder Vard Holdings, subsidiary of Fincantieri, has informed that slower-than-expected improvements in throughput and productivity at the new Promar shipyard in Brazil are impacting profitability during the ramp-up phase. Additionally, the cost was also incurred for the two vessels in the Promar order book that were built at a third-party yard and are currently […]

  • 29 October 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Seismic contractor, Polarcus, has seen its revenues rise 44% over Q2 2015, driven by high vessel utilization and strong multi-client prefunding. Despite one vessel less in operation, revenues also inceresed 16 per cent year-over-year from $114.3 million to $132.2 million. According to Oslo-listed company, EBITDA for the quarter increased by 60% to USD 69.6 million […]

  • 9 December 2015
    Business & Finance

    Shipbuilding and dry bulk shipping group Cosco Corporation (Singapore) Limited said it expects a significant net loss in the fourth quarter of 2015. Cosco said that the loss is expected mainly due to the continuing depressed state of crude oil prices, which has had an adverse impact on the global offshore marine industry. Additional reasons for the expected […]

  • 17 October 2014
    Business & Finance, Operations & Maintenance

    Schlumberger has 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 3% sequentially, while North America Area revenue of […]

  • 23 October 2014
    Business & Finance, Operations & Maintenance

    TGS, a provider of multi-client geoscience data, has reported 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% […]

  • 11 November 2014
    Business & Finance

    Danish shipping giant Maersk Line delivered a profit of USD 685m, improving by USD 131m compared to Q3 2013, according to the third quarter results of the Maersk Group. Maersk said that the improvement was driven by lower unit costs through the continuous focus on operational cost savings mainly from vessel network efficiencies supported by […]

  • 26 June 2014
    Business & Finance, Project & Tenders

    Manora oil development project in the Northern Gulf of Thailand is progressing well, TAP, a partner in the field has reported.

  • 3 November 2014
    Business & Finance

    Singapore Exchange mainboard-listed COSCO Corporation (Singapore) Limited has recorded a 17.1% increase in turnover in Q3 2014 compared to Q3 2013 on the back of increases in shipyard and dry bulk shipping revenues, the company said in a release. Turnover from shipyard operations increased 17.2% in Q3 2014 mainly due to growth in revenue from marine […]

  • 12 November 2015
    Business & Finance

    Cosco Corporation (Singapore) Limited, a Singapore-listed ship repair & marine engineering and shipping group, posted USD 82.1 million net loss in the third quarter of 2015 due to losses in shipyard and shipping operations amidst unfavourable market conditions.  Group turnover decreased 18.1% to USD 949.6 million in Q3 2015 from USD 1.2 billion in Q3 […]

  • 23 October 2015

    Quarterly European LNG net imports declined year-on-year in Q3, for the first time since the beginning of the year.

  • 28 October 2015
    Business & Finance, Operations & Maintenance

    Norway’s Dolphin Geophysical has slumped into loss in the third quarter on restructuring charges and as revenues declined on weak market and contract delays. The Oslo-listed seismic player, recorded Q3 2015 net loss of USD 31.1 million, compared to net profit of USD 12.1 million in Q3 2014. Nordstjernan AB  is the largest shareholder with 10.2 […]

  • 14 November 2014
    Business & Finance, Operations & Maintenance

    In the 3rd quarter of 2014 DOF Subsea had a pre-tax profit of NOK 115 million (NOK 210 million in Q3 2013) and the profit after tax was NOK 91 million, versus NOK 171 million same time last year. The total operating income In the 3rd quarter of 2014 was NOK 1 815 million (vs. NOK 1 […]

  • 13 January 2014
    Business & Finance

    BW Offshore has signed an agreement with HRT for a one year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2015 (from Q3 2014), with options until Q3 2022. The Polvo oil field is owned by HRT (operator, 60%) and Maersk (40%). With reference to […]