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  • 1 November 2018
    Business & Finance, Exploration & Production

    Similar to its rival Rowan, offshore driller Noble Corporation is seeing an increase in offshore drilling activity despite recording a loss for the third quarter of the year.

  • 15 September 2015
    Business & Finance

    Miami-based travel and leisure company Carnival Corporation has established 10 major goals for reducing its environmental footprint over the next five years presented in this infographic dubbed 2020 Sustainability Goals. The main goals which will be implemented throughout 10 cruise lines owned and operated by Carnival include increasing water efficiency, reducing waste production, as well as reducing greenhouse gases and other emissions. Key […]

  • 13 September 2017
    Business & Finance

    Offshore driller Noble Corporation has named a new member of the company’s board of directors, effective immediately. The company said on Tuesday that Julie J. Robertson would fill a board vacancy created by a recent retirement. According to Noble, she will serve as a director of the company until the next shareholder vote at the […]

  • 27 March 2015
    Business & Finance

    Carnival Corporation & plc recorded a net income of USD 49 million in its results for the first quarter ended February 28, 2015 after a net loss of USD 20 million in the same period in 2014. First quarter net revenue yields in constant dollars increased 2.0% compared to the prior year, which was better than the company’s December […]

  • 8 January 2020
    Business & Finance

    Marine services contractor Phoenix International has promoted Matthew Long to corporate vice president. Long will retain his current duties as general manager of Phoenix’s Largo, MD operations, and in his additional role as corporate VP will assume responsibilities for company-wide financial forecasting, reporting and budgeting. Patrick Keenan, Phoenix president stated, “In his two years aboard […]

  • 12 March 2012
    Business & Finance

    Danaos Corporation, a leading international owner of containerships, announced that on March 8, 2012, it took delivery of one more newly built containership, the HYUNDAI TENACITY, expanding its operational fleet to a total of 62 containerships aggregating 325,879 TEU. The HYUNDAI TENACITY, built at Hyundai Samho Heavy Industries Co. Ltd, has a carrying capacity of […]

  • 5 November 2014
    Business & Finance

    Macquarie Capital, the corporate advisory, principal investing and capital markets arm of Macquarie Group yesterday announced an agreement to form Macquarie Development Corporation, an investment corporation that will invest equity in pre-construction infrastructure development projects in Latin America. Macquarie Capital will partner with foundation shareholders China Communication Construction Company (CCCC) and Banco Modal and expects […]

  • 3 February 2015

    Oil and gas giant Chevron named Jeanette L. Ourada as corporate vice president and comptroller effective April 1. Ourada succeeds Matthew J. Foehr, who will retire from the company March 31 after 33 years of service, Chevron said in a statement. In her new role Ourada will lead corporatewide accounting, financial reporting and analysis, and […]

  • 10 December 2010
    Business & Finance

    The corporate group is adding to its performance portfolio by setting up AMBAU Offshore GmbH Bremen, Germany: All flags will be flying in the offshore direction from December 1, 2010 because this is when AMBAU Offshore GmbH will be launching its business activities. AMBAU Offshore GmbH has a product and service portfolio focusing on companies […]

  • 21 July 2014
    Business & Finance

    Proposed expansion of a Liverpool Bay offshore wind farm could trigger the setting up of an annual £250,000 community fund as well as investment and new jobs in Wirral’s energy sector. Dong Energy, one of Europe’s leading energy groups, has submitted proposals to expand its existing Burbo Bank wind farm. If the proposal is approved […]

  • 3 September 2019

    Philippine utility First Gen Corporation said it has selected Japan’s JGC Corporation as its preferred EPC contractor for the Batangas LNG terminal project. 

  • 9 September 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Noble Corporation has been awarded a contract by Equinor for drilling three wells at the Valemon field from the summer of 2021, using the Noble Lloyd Noble drilling rig.

  • 21 February 2020
    Business & Finance

    Offshore rig owner Noble Corporation has received a continued listing standard notice from the New York Stock Exchange (NYSE). 

  • 23 April 2019

    The US energy company AES Corporation, has entered into agreements to sell its interests in six power plants in Jordan and the United Kingdom for total proceeds of $211 million, as it shifts focus to LNG.

  • 3 October 2017
    Business & Finance

    Hong Kong-based charter owner and manager of containerships Seaspan Corporation is planning to offer senior unsecured notes due 2027 in a registered public offering. The company said it would use the net proceeds from the USD 80 million public offering to repay existing debt, in addition to other corporate purposes. Following the offering, Seaspan intends […]

  • 3 November 2017

    Offshore driller Noble Corporation on Thursday reported a net loss for the third quarter of of $97 million, on revenues $266 million. According to Noble, the result includes a pre-tax charge to operating expenses totaling $14 million relating to damage sustained by two of the company’s cold-stacked semisubmersibles during Hurricane Harvey. Excluding the charge, the net […]

  • 20 December 2017
    Business & Finance

    Offshore driller Noble Corporation has received commitments from lenders to enter into a new credit facility, which is expected to close by the end of 2017. Noble informed on Wednesday that the new credit facility is expected to provide borrowing capacity of $1.5 billion with an expected maturity of January 2023. Additionally, the company would retain an incremental $300 […]

  • 22 September 2015
    Business & Finance

    Miami-based cruise company Carnival Corporation has reported its strongest ever non-GAAP net income of USD 1.4 billion in the quarter ended August 31. The company’s non-GAAP net income for the third quarter of 2014 was USD 1.2 billion. U.S. GAAP net income for the third quarter of 2015, which included unrealized losses on fuel derivatives of USD 137 million, was USD 1.2 billion, […]

  • 12 June 2012

    Danaos Corporation DAC 0.00% , a leading international owner of containerships, announced that on June 7, 2012, it took delivery of one more 13,100 containership, the HYUNDAI SPEED, expanding its operational fleet to a total of 63 containerships aggregating 349,949 TEU. The Company expects delivery of its last 13,100 TEU vessel by the end of […]

  • 22 June 2017
    Business & Finance

    Cruise liner giant Carnival Corporation & plc announced adjusted net income for the second quarter of 2017 totaling USD 378 million, higher than adjusted net income of USD 370 million booked in the corresponding period last year. Revenues for the quarter were USD 3.9 billion, also up when compared to USD 3.7 billion in the prior […]

  • 24 July 2020

    Containership owner and operator Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., revealed it was spending approximately $146 million in cash on the purchase of two 13,000 TEU containerships. As disclosed, the vessel purchase will be financed from additional borrowings as well as cash on hand. Seaspan expects to take delivery of the containerships, built in […]

  • 5 February 2019
    Business & Finance

    Innovo Engineering and Construction has appointed Garry Millard to the role of corporate business development director. Garry will be responsible for leading strategic business development, as well as seeking and evaluating acquisition opportunities for Innovo in support of the company’s growth plan. Prior to joining Innovo, Garry was CEO at Flexlife Group, a specialist provider […]