Search results for: valuation

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  • 1 May 2009

    India’s Port of Jawaharlal Nehru has extended the bidding deadline for its proposed fourth container terminal project from April 30 to June 1. Fourth container terminal project could cost $1.3 billion. The move comes after the port authority held a pre-application meeting with prospective bidders on April 15. After evaluation of initial Requests for Qualifications, […]

  • 28 April 2009

    SAFEDOR is completed. The maritime research project on risk-based ship design and approval has been concluded after four years of intensive study. Representatives from the 53 project partners of all sectors of the maritime industry and guests are meeting today and tomorrow at the International Maritime Organization for the Final Conference. The maritime experts deal […]

  • 9 April 2009

    Abu Dhabi based National Petroleum Construction Company Ltd. (NPCC) has awarded Dutch design office Ulstein Sea of Solutions the Basic Design contract for their new large derrick pipelay vessel DLS-4200. The new vessel will be one of the biggest vessels of its kind, combining S-lay double joints pipelay operations with 4,200 sT lifting capacity. The […]

  • 24 March 2009

    Jeppesen Marine is now offering a 45-day trial and evaluation program to introduce prospective customers to the unique benefits offered by the company’s Vessel and Voyage Optimization Solution (VVOS). Designed to address the needs of owners, operators, charterers and masters of trans-ocean vessels, VVOS empowers masters and shore-side managers to develop optimized passages while managing […]

  • 25 February 2009

    Northrop Grumman Corporation (NYSE: NOC) has received International Standards Organization (ISO) certification for the environmental management systems at the company’s Sperry Marine facilities in Europe. The Certificate of Conformance from ABS Quality Evaluations confirms that Sperry Marine’s environmental management system meets the requirements of the ISO 14001:2004 standard. The certification applies to the Sperry Marine […]

  • 12 February 2009

    The maritime research project on the significance of risk-based design and approval has been concluded after four years of intensive study. The multinational research project SAFEDOR (Design, Operation and Regulation for Safety) was co-ordinated by ship classification society Germanischer Lloyd. 53 project partners from all sectors of the maritime industry were working on an innovative […]

  • 15 January 2009

    Singapore-based “International Refinery Services Pte Ltd” (IRS) is the latest addition to Germanischer Lloyd (GL). With the acquisition of the asset management expert company, the GL Group expands its service portfolio for the petroleum, oil and gas industry yet again. “With IRS, the GL Group adds substantial expertise in risk management and capacity of advanced […]

  • 17 December 2008

    SMIT’s profit for the second half of the financial year 2008 is set to exceed the expectations given at the presentation of the company’s half year results in August. The company is expected to obtain net profit for 2008 that will be equal to that achieved in 2007. The profits of the Transport & Heavy […]

  • 22 October 2008

    The executive committee of Euronav NV (EURONEXT BRUSSELS: EURN) today reported its financial results for the three months ended 30th September 2008. The company had a net income of USD 158 million (third quarter 2007: USD -23.3 million) or USD 3.05 (third quarter 2007: USD -0.44) per share, for the third quarter 2008. EBITDA for […]

  • 5 September 2008

    Solicitation Number: W912DS-08-B-0011 Agency: Department of the Army Office: U.S. Army Corps of Engineers Location: U.S. Army Engineer District, New York Notice Type: Solicitation Original Posted Date: June 23, 2008 Posted Date: September 2, 2008 Response Date: Sep 05, 2008 2:00pm Original Response Date: Aug 28, 2008 2:00 pm Eastern Archiving Policy: Automatic, 15 days […]

  • 27 August 2008

    The battle for Russian and Kazakhstan operator Imperial Energy looks like it is coming to a close with the company confirming an offer from India’s ONGC Videsh. Today Imperial said it is “finalising the terms of a possible recommended pre-conditional cash offer” with ONGC Videsh based on 1,250 pence per Imperial share, which implies a […]

  • 19 August 2008

    Weatherford International has acquired International Logging Inc (ILI), a provider of mud logging services to the oil and gas industry. ILI has a team of more than 1,200 graduate field geologists serving customers in more than 55 countries from over 30 offices globally. Weatherford said in a statement: “In addition to operating the most modern […]

  • 7 August 2008

    HOUSTON, Aug. 5 /PRNewswire-FirstCall/ — Parker Drilling Company (NYSE: PKD), a global drilling contractor and service provider, today announced that 44 percent revenue growth for the three months ended June 30, 2008 led to a 34 percent increase in profitability compared with the second quarter of 2007. Other highlights include: — Net Income of $22.6 […]

  • 1 August 2008

    StatoilHydro ASA (OSE: STL, NYSE:STO) second quarter 2008 result was influenced by high production and high prices. Net income in the second quarter of 2008 amounted to NOK 18.9 billion, up 36% compared to NOK 13.9 billion in the second quarter of 2007. Net income in the first half of 2008 amounted to NOK 35.0 […]

  • 31 July 2008

    Oslo, 29 July 2008: Aker Yards and FLC West have completed the previously announced transaction in which FLC West comes in as a 70 percent shareholder in three shipyards in Germany and Ukraine. The agreement has been approved by all relevant regulatory authorities. The transaction strengthens Aker Yards’ financial capacity and liquidity, and it improves […]

  • 30 July 2008

    Oslo, 29 July 2008: Aker Yards and FLC West have completed the previously announced transaction in which FLC West comes in as a 70 percent shareholder in three shipyards in Germany and Ukraine. The agreement has been approved by all relevant regulatory authorities. The transaction strengthens Aker Yards’ financial capacity and liquidity, and it improves […]

  • 17 July 2008

    – July 17, 2008 Solicitation Number: W912DS-08-R-0018 Agency: Department of the Army Office: U.S. Army Corps of Engineers Location: U.S. Army Engineer District, New York Notice Type: Solicitation Original Posted Date: May 27, 2008 Posted Date: July 10, 2008 Response Date: Jul 11, 2008 2:00 pm Original Response Date: Jul 11, 2008 2:00 pm Archiving […]

  • 11 July 2008

    SOCO International plc (“SOCO” or “the Company”) The second of two planned drill stem tests on the Te Giac Den (“TGD-1X-ST1”) discovery well on Prospect “E” has recovered black oil, condensate and gas, indicating the presence of oil with similar qualities to that of the Ca Nu Vang Field, which will begin production later this […]

  • 25 June 2008

    OSLO, Norway, June 25, 2008 (PRIME NEWSWIRE) — Petroleum Geo-Services ASA (‘PGS’ or the ‘Company’) announced today that on June 24th there was a fire in one of the auxiliary engines on the seismic vessel Atlantic Explorer, which was operating offshore Senja in Norway. The fire has been extinguished, and the vessel is under tow […]

  • 19 June 2008

    Two Celtic Sea oil fields off southern Ireland are due to be targeted during a new appraisal drilling programme which is due to kick off later this year operated by Providence Resources using the Global Santa Fe Arctic II semi-submersible. Both wells will seek to test the delivery potential and areal extent of the two […]

  • 5 June 2008

    Lloyd’s Register has developed a voluntary assessment programme, designed to support the practical implementation of the forthcoming ILO Maritime Labour Convention (MLC, 2006) on new and existing ships. Not yet mandatory, the MLC, a significant development in international shipping described as a ‘bill of rights’ for maritime labour, is expected to come into force by […]

  • 4 June 2008

    There was good news for many locals in attendance at last week’s Municipal Advisory Council (MAC) meeting. Regional Parks Director Tom Potter brought great news, as he presented a dredging plan for Lake Gregory. He said they are going forward with a plan for dredging, and are currently waiting for the permits to get the […]

  • 3 June 2008

    Development of the UK Northern North Sea Causeway discovery could come down to a straight choice between two host platforms depending on which one offers the best commercial terms for the development. Causeway could be tapped either by a single well tieback to the ex-Shell Dunlin Alpha platform now operated by Fairfield Energy, or the […]

  • 3 June 2008

    FAIRFAX, Va. – General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), has been awarded a contract by Naval Sea Systems Command (NAVSEA) to provide the Naval Undersea Warfare Center Division Newport (NUWCDIVNPT) with support for submarine periscope, photonic, electro-optic and electromagnetic systems. The contract has a total potential value of $40.4 […]

  • 18 February 2008

    ExxonMobil Production Company, as operator and on behalf of the other unit working interest owners, today announced a new project to develop and produce hydrocarbon resources from the Point Thomson field on the Alaska North Slope. ExxonMobil submitted the plan to the Alaska Department of Natural Resources. It involves evaluation, delineation and development of Point […]