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Liquefied Natural Gas Limited said that its wholly owned subsidiary, Magnolia LNG, submitted drafts of all 13 Resource Reports to the Federal Energy Regulatory Commission on Wednesday. The 13 Resource Reports cover a wide range of environmental and engineering aspects of the proposed 8 mtpa Magnolia LNG Export Project. The lodgement of the draft Resource […]
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Neptune has reported a profit from continuing operations before tax of $3.183 million for the 6 months to 30 September 2013 (Dec 2012: loss $21.952 million). The consolidated profit of Neptune for that period after providing for income tax amounted to $2.871 million (Dec 2012: loss $22.446 million). The half year ended on 30 September […]
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Diana Shipping Inc, a global shipping company specializing in the ownership of dry bulk vessels, recently reported a net loss of $3.2 million for the third quarter of 2013, compared to net income of $12.3 million reported for the third quarter of 2012. Time charter revenues were $41.9 million for the third quarter of 2013, […]
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Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, yesterday reported a net loss of $0.7 million for the third quarter of 2013, compared to net income of $1.6 million for the respective period of 2012. Time charter revenues, net of prepaid charter revenue amortization, were $11.1 million for the third […]
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Inpex Corporation announced that a shallow gas release occurred on development well on Tunu field lying in offshore Mahakam Block located in East Kalimantan, Indonesia on Friday 8th November 2013. According to the project operator Total E&P Inodonesie, on 8th November a shallow gas release occurred on well TN-C414, operated by TOTAL and being drilled using Raissa rig […]
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Business & Finance, Equipment, Technology
Pingtan Marine Enterprise Ltd. an integrated marine services company in the People’s Republic of China (PRC), announced its unaudited financial results for the third quarter and nine-months ended September 30, 2013. As previously announced in July 2013, the company received an offer from the chairman and CEO, Mr. Xinrong Zhuo, to acquire the business and […]
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InterOil’s recorded net loss for the quarter ended September 30, 2013 was $6.3 million, compared with a profit of $5.3 million for the same period in 2012. The $11.6 million decrease in net profit was mainly due to an $8.6 million increase in foreign exchange losses and a $7.6 million decrease in gross margin on […]
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Cheniere Energy reported a net loss attributable to common stockholders of $100.8 million, or $0.46 per share, for the three months ended September 30, 2013, compared to a net loss attributable to common stockholders of $109.0 million, or $0.52 per share, for the comparable 2012 period. For the nine months ended September 30, 2013, […]
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Pacific Drilling S.A. announced revenue of $193.2 million for the three months ended September 30, 2013, as compared to revenue of $176.8 million for the second quarter of 2013 and $172.0 million for the third quarter of 2012. Net income for the third quarter of 2013 was $30.3 million or $0.14 per diluted share, an […]
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Atwood Oceanics, Inc., announced today that the Company earned net income of $101.9 million or $1.57 per diluted share, on revenues of $292.7 million for the quarter ended September 30, 2013. This is compared to net income of $90.0 million or $1.37 per diluted share on revenues of $272.7 million for the quarter ended June […]
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Business & Finance, Operations & Maintenance
GC Rieber Shipping maintains its good underlying operations in all segments, and delivers its best quarterly result in the company’s history. The company had an overall fleet utilisation of 96 percent, corresponding to the same level in the third quarter last year. Sale of vessel has released a substantial amount of cash and GC Rieber […]
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Business & Finance, Operations & Maintenance
CGG announced its non-audited third quarter 2013 consolidated results. All comparisons are made on a year-on-year basis with CGG 2012 results before the Fugro Geoscience acquisition. – Q3 Revenue up 6% and EBIT at $95 million – Group revenue at $908 million, up 6% – Lower Equipment sales due to temporary weakness in demand for […]
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Business & Finance, Operations & Maintenance
TAQA, the international energy company from Abu Dhabi, reported its operational and financial results for the nine months to 30 September 2013. The company reported that it had returned to profit in the third quarter after posting a loss in the same period last year. The positive figures were down to strong operational performances across […]
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Business & Finance, Operations & Maintenance
Vard Holdings Limited (“VARD”, and together with its subsidiaries, the “Group”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced its results for the third quarter of financial year 2013 (“3Q 2013”) ended 30 September 2013. Financial and operating review VARD generated revenue of NOK 2.37 billion for 3Q 2013, […]
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Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today reported financial results for the three and nine months ended September 30, 2013. Jonathan Berger, Chief Executive Officer stated, “For the three months ended September 30, […]
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Business & Finance, Operations & Maintenance
McDermott International, Inc. (“McDermott” or the “Company”) reported a net loss of $64.1 million, or $0.27 per fully diluted share, for the quarter ended September 30, 2013. These results compared to income of $50.6 million, or $0.21 per fully diluted share, in the corresponding period of 2012. Weighted average common shares outstanding on a fully […]
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McDermott International, Inc. today reported a net loss of $64.1 million, or $0.27 per fully diluted share, for the quarter ended September 30, 2013. These results compared to income of $50.6 million, or $0.21 per fully diluted share, in the corresponding period of 2012. Weighted average common shares outstanding on a fully diluted basis were […]
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Fluor Corporation today announced financial results for its third quarter ended September 30, 2013. Net earnings attributable to Fluor for the third quarter were $173 million, or $1.05 per diluted share, compared with $145 million, or $0.86 per diluted share, in the third quarter of 2012. Consolidated segment profit for the quarter rose to $311 […]
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Orion Marine Group, Inc., a heavy civil marine contractor, today reported a net loss for the three months ended September 30, 2013, of $0.9 million. These results compare to a net loss of $1.6 million for the same period a year ago. “We are pleased with our solid level of backlog and bid opportunities as […]
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Malaysian oil company PETRONAS has announced new gas discoveries in three of its upstream ventures in Malaysia, Indonesia and Australia. The first discovery is via the Pegaga-1 well in Block SK320, offshore Sarawak, which is operated by Mubadala Petroleum through a Malaysian affiliate. PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, has a 25 per […]
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Noble Energy, Inc. announced today third quarter 2013 net income of $205 million, or $0.56 per diluted share, and income from continuing operations of $195 million, or $0.53 per diluted share. Excluding the impact of unrealized commodity derivative losses and certain other items, third quarter 2013 adjusted income from continuing operations(2) was $351 million, or […]
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Reportstack, provider of premium market research reports announces the addition of Carnegie Wave Energy Limited (CWE) – Alternative Energy – Deals and Alliances Profile market report to its offering. Carnegie Wave Energy Limited is engaged in producing wave technology(CETO). the company is focused on developing and commercializing its CETO wave energy technology that is used […]
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Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2013. Results · Record revenue, EBITDA, profit before tax and profit after tax · 29.7% increase in revenue to £25.57m (2012: £19.71m) · […]
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Encana recorded a second consecutive profitable quarter with third quarter 2013 net earnings of $188 million, cash flow of $660 million and operating earnings of $150 million. Year to date, the company has generated net earnings of $487 million, cash flow of $1.9 billion and operating earnings of $576 million. Oil and natural gas […]
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Enagás posted a net profit of €303.6Mn in the first nine months of 2013. Unlike in 2012, in 2013 the company consolidated all its investments in the TLA Altamira plant in Mexico and the Quintero LNG plant in Chile, as well as the Yela underground storage facility, which began operations around the middle of 2012. […]
