Search results for: increased

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  • 5 April 2017

    Electromagnetic Geoservices ASA (EMGS) has recorded an increase in the vessel activity in the first quarter of 2017, compared to the corresponding period in 2016. Vessel utilization for the first quarter 2017 was 92% compared with 55% for the first quarter in 2016. In the first quarter of 2017, EMGS’ vessels were allocated 92% to […]

  • 3 July 2018
    Operations & Maintenance

    Polarcus, a Dubai-based seismic contractor, has recorded an increase in its vessel utilization during the second quarter of 2018. Quarterly vessel utilization increased to 85 percent from 75 percent in the second quarter of 2017. On the contracted basis the vessel activity has increased 6 percent, from 75 percent in Q2 2017 to 81 percent […]

  • 23 June 2015
    Authorities & Government, Business & Finance, Technology

    Community and locally owned energy capacity in Scotland could generate enough electricity to power approximately 100.000 domestic households, according to Energy Minister Fergus Ewing. As at June 2014, 361 MW of community and local energy capacity is operational which represents an increase of 27 percent from the last update and shows Scotland is on course […]

  • 28 April 2016

    French oilfield services provider Technip saw its net income rise, despite the drop in adjusted revenue. Adjusted revenue for the first quarter of the year was 2.76 billion euros, down $4.2 percent from 2.88 billion euros a year ago, and according to Reuters, the adjusted revenue was better than expected by the analysts. However, net […]

  • 30 April 2014
    Business & Finance

    BOURBON announced first quarter 2014 financial results where the Company confirms its objective of 8-10% growth in revenues for 2014 with a slight increase in the EBITDAR/revenue margin. BOURBON 2014 1st quarter revenues were €320.0 million
, an increase of 7.9% at constant exchange rates (2.9% at current rates). Quarterly revenues rose 7.9% (at constant rates) […]

  • 26 March 2013

    Seadrill Limited has today acquired additional 2,488 shares of Asia Offshore Drilling Limited. The shares were acquired at the price of NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 39,709,313 shares in the Company, corresponding to 66.18% of the total number of outstanding shares in the Company. [mappress] Press Release, […]

  • 18 October 2006

    Statoil has installed a new subsea template that ensures improved recovery on the Norne field in the Norwegian Sea. A total increase of 10 million barrels of oil is expected. One of the two wells tied in to the template commenced production on 18 October. “Statoil’s ambition is to maintain a production level of one […]

  • 1 May 2014
    Business & Finance

    Rosneft, a leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company, reports the following performance in Q1 2014: daily hydrocarbons production exceeds 5mm boe, EBITDA reaches RUB 289 bn, net debt goes down by RUB 207 bn.    In Q1 2014, crude oil and liquids production (including production of subsidiaries and […]

  • 28 January 2007

    Production from Statoil’s Skinfaks/Rimfaks project in the North Sea started on 27 January. First oil will be from Rimfaks improved oil recovery (IOR). In addition to IOR at the Rimfaks field, the project also marks the start of Skinfaks field production. All wells will be on stream in the course of autumn 2007 with both […]

  • 19 January 2006

    With plans to drill 30-40 exploration wells in 2006, this will be an active exploration year for Statoil, both on the Norwegian continental shelf (NCS) and internationally.

  • 20 November 2019
    Business & Finance

    The Rhode Island Department of Environmental Management (RIDEM), in cooperation with the City of Warwick and Save The Bay, will complete a coastal adaptation project at Longmeadow Fishing Access Site later this month.  Situated at the end of Samuel Gorton Avenue, the site has experienced more than 100 feet of shoreline erosion over the past […]

  • 16 October 2006

    Few companies are better positioned than Statoil for meeting the increasing UK demand for gas, said Rune Bj

  • 2 September 2011

    Containership orders are increasing at a dramatic rate, analysis from Braemar’s Seascope’s research division has revealed… (Exim) [mappress] Source: Exim, September 2, 2011.

  • 22 December 2009

    “The increased demand for point-to-point service requires the use of transshipment hubs to coordinate feeder services to and from countries and ports with low-volume throughput,” said Mike Lee, Consultant, Transportation & Logistics, Asia Pacific at Frost & Sullivan. He added that there has been a universal shift from transporting bulk or loose goods to transportation […]

  • 11 December 2007

    The 2007-turnover of National Container Company can gain 1.5mln TEU, the company informed. By 2019 NKK intends to invest $1.7bn in the infrastructure. The turnover is expected to reach 3.3mln TEU in 2007 and 10.5mln TEU in 2019 through the Russian ports.

  • 17 January 2014
    Business & Finance

    Schlumberger Limited today reported full-year 2013 revenue from continuing operations of $45.27 billion versus $41.73 billion in 2012. Full-year 2013 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $6.33 billion, representing diluted earnings-per-share of $4.75 versus $4.01 in 2012. Fourth-Quarter Results Fourth-quarter 2013 revenue was $11.91 billion versus $11.61 billion in […]

  • 12 March 2010

    Modifications have increased the recovery with 20 million barrels oil at the Oseberg field. This corresponds to ten billion kroner at the current oil prices. The Oseberg Field Centre recently started low-pressure production, thereby increasing oil production from the Oseberg field in the North Sea.

  • 11 August 2005

    Ports in Shanghai observed a record monthly freight volume of 39.78 million tonnes in July, approximately a 14 per cent increase than in June. Xu Peixing, director of Shanghai Municipal Port Administration Bureau, attributed the increase to the recent renminbi appreciation and the growing economy of the Yangtze Delta, which led to a rise in […]

  • 29 August 2011

    DREWRY’s latest annual report predicts big increases in vessel operating costs with oil prices remaining high, pirates driving up insurance… (Exim) [mappress] Source: Exim, August 29, 2011;

  • 11 November 2014
    Business & Finance

    Following the press release issued last Friday, Royal Boskalis Westminster N.V. (Boskalis) announced that it has fractionally increased its stake in Fugro N.V. to 15.0%. Boskalis views Fugro as an interesting company with activities that fit very well with its own activities. The strategy of Boskalis is focused on offshore and (maritime) infrastructure, making use […]

  • 31 October 2013
    Business & Finance, Operations & Maintenance

    SeaBird Exploration PLC, a global provider of marine 2D/3D/4D seismic data, and associated products and services to the oil and gas industry reports revenues for the third quarter of $51.9 million, an increase of 14% compared to the comparable period in 2012 and up 29% relative to Q2 2013. Third quarter revenues and earnings were […]

  • 5 July 2011
    Operations & Maintenance

      Deep sea mining in the Pacific is on the increase, with the number of firms seeking licenses growing very rapidly… (prlog) [mappress] Source: prlog, July 5, 2011;