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Offshore

Iran discovers new oil field with more than 50 billion barrels

TEHRAN, Iran – Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions.The announcement by Hassan Rouhani comes as Iran faces crushing American sanctions after the U.S.

Deputy premier supports inquiry into offshore sand dredging to combat Stockton erosion crisis

news, local-news, LIFTING a ban on offshore sand dredging is firming as a possible solution to combat the erosion crisis on Stockton beach, with the NSW deputy premier saying he supports an investigation into the practice despite concerns about its cost and environmental impacts. But residents of the coastal peninsula are fed up with government inaction and bureaucracy over the issue…

Experts say Romania does not yet have the administrative capacity to manage its offshore gas reserve

Romania does not have the administrative capacity to manage offshore gas reserves as it need to build up institutional, administrative and know how capacities in order to benefit from its large newly-discovered resources, according to a report consulted by Business Review.The report Risks, taxation, investment decisions in the offshore oil and gas sector.

Uganda's Museveni Gives Oil Firms a Month to Consider Deal

Five oil companies involved in the development of oilfields in Uganda's Albertine Graben have been given one month to decide on several government proposals.Executives from Total E & P, China National Offshore Oil Company and Tullow met with President Yoweri Museveni on October 31 at State House, Entebbe to discuss key…

BAE Systems - on target for the full year

No recommendationNo news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest.In a brief trading update BAE said it continues to expect mid-single digit growth in earnings per share this year and £3bn in free cash flow over the…

Oil Rig

BERKSHIRE BYGONES: Find out what made the news in 1960

THREE Mute Swans had a lucky escape when they were poisoned during an oil tanker spill in the Western Industrial Estate, Bracknell, in 1960. A nearby stream became polluted with thick black oil, but the birds had a large stroke of luck when the local RSPCA Branch President, Sir Geoffrey Lowles, spotted the distressed swans and called in staff to rescue them.

'I had three hours' sleep in three days at Normandy'

Leonard J Taylor served as a yeoman of signals on HMS Frobisher during the Operation Overlord invasion of Normandy.Before he died, Leonard recorded his memoirs. These are his words:Around early April 1944 we were in Ceylon [now known as Sri Lanka] and the whole ship's company had to muster on the quarter deck.The commander-in-chief of the Eastern Fleet…

Geogrid Market 2019-Worldwide Industry Forecast with Trends, Size, Share, Statistics, Competition St

World Gear Oil Industry research report provides key analysis of the market status of the Gear Oil manufacturers with market size, growth, share, trends as well as industry cost structure. Global Gear Oil Market Report gives vital information related to the overall market and price forecast over a five-year period, from 2019 to 2025.

NYK records a profit even as revenue falls in first half

Nippon Yusen Kabushiki Kaisha (JP: 9101), also known as NYK Line, recorded a profit in the six months ending Sept. 30, a turnaround from the loss reported in the same period a year earlier. Japans major liner companies report their earnings on a fiscal year that runs from April 1 to March 30.Japans largest shipping company had operating profit of 15.8 billion yen ($146.7 million)…

Asia Times | US-Iran standoff moves from high seas to dry land

A simmering regional standoff between the US and Iran shifted from the high seas to dry land over the past two weeks, as street protests from Beirut to Baghdad challenge existing political orders and alliances.The Trump administration’s “maximum pressure” campaign, aimed at choking Iranian petroleum exports to zero and bringing the Islamic Republic to its knees…

Pipeline

Analyzing Oil States International (NYSE:OIS) & Baker Hughes (NYSE:BKR)

Oil States International (NYSE:OIS) and Baker Hughes (NYSE:BKR) are both oils/energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, profitability, institutional ownership, dividends, earnings and analyst recommendations. ProfitabilityThis table compares Oil States International and Baker Hughes’ net margins…

Edited Transcript of FPH.N earnings conference call or presentation 8-Nov-19 6:00pm GMT

Q3 2019 Five Point Holdings LLC Earnings CallALISO VIEJO Nov 9, 2019 (Thomson StreetEvents) -- Edited Transcript of Five Point Holdings LLC earnings conference call or presentation Friday, November 8, 2019 at 6:00:00pm GMTTEXT version of Transcript================================================================================Corporate…

Offshore Decommissioning Market Global Forecast to 2027

DUBLIN, Nov. 7, 2019 /PRNewswire/ — The “Offshore Decommissioning Market by Service (Well Plugging & Abandonment, Platform Removal, Others), Depth (Shallow, Deepwater), Structure (Topsides, Substructure), Removal (Leave in Place, Partial, Complete), and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s…

Woodside ups estimate for Scarborough area gas resources

HomeField DevelopmentWoodside Energy says 2C dry gas resources in the Scarborough field offshore Western Australia have increased by 52% to 11.1 tcf.The Scarborough field layout.(Courtesy Woodside)Offshore staffPERTH, AustraliaWoodside Energy says 2C dry gas resources in the Scarborough field offshore Western Australia…

Edited Transcript of ATSG earnings conference call or presentation 7-Nov-19 3:00pm GMT

Q3 2019 Air Transport Services Group Inc Earnings CallWilmington Nov 8, 2019 (Thomson StreetEvents) -- Edited Transcript of Air Transport Services Group Inc earnings conference call or presentation Thursday, November 7, 2019 at 3:00:00pm GMTTEXT version of Transcript================================================================================Corporate…