Offshore News

Diamond Offshore Drilling, Inc. (DO) Value Moved to 2485367.464: Quant Update

Diamond Offshore Drilling, Inc. (DO) has a current EV or Enterprise Value of 2485367.464. The EV displays how the market assigns value to a firm as a whole. EV is generally a modification of market cap, as it incorporates debt and cash for assessing a firm’s valuation. Tracking EV may help when comparing companies with different capital structures.

SFL - Acquisition of two 19,400 TEU container vessels

Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company") announces that it has acquired two 2016-built 19,400 TEU container vessels and contracted the vessels until late 2033, or for nearly 15 years, to a leading container line on long term bareboat charters. The contracts increase the Company's fixed rate charter backlog by nearly $470 million…

Imotec, Reliance Naval Sign MoU to Build Dredgers in India

Mark Rutte in india,Image source: Ministry of External Affairs, Government of IndiaIndia and the Netherlands have announced a wide range of MoUs/Agreements and Initiatives across different sectors during the two-day visit of Prime Minister of the Netherlands, Mark Rutte.During the visit, Imotec Projects, a Dutch company which operates in the maritime and offshore market…

Travel News - Seaplane completes first trial run in Mumbai; operations likely to begin in a year

According to Hindustan times (HT), SpiceJet conducted the trial of a 10-seater seaplane. This was the first time in India that a seaplane landed on water. After being delayed by more than one-and-a-half hours owing to low visibility, the amphibious aircraft landed at Girgaum Chowpatty at 3.10 pm. The airlines aims to buy…

$383.35 Million in Sales Expected for Teekay Offshore Partners L.P. (TOO) This Quarter

Equities analysts forecast that Teekay Offshore Partners L.P. (NYSE:TOO) will announce $383.35 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Teekay Offshore Partners’ earnings. The lowest sales estimate is $382.20 million and the highest is $384.50 million.

Seadrill Partners (SDLP) and Pacific Drilling (PACD) Critical Survey

Seadrill Partners (NYSE:SDLP) and Pacific Drilling (NYSE:PACD) are both small-cap oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, dividends, analyst recommendations, risk, profitability and earnings. ProfitabilityThis table compares Seadrill Partners and Pacific Drilling’s net margins…

Teekay Offshore Partners (TOO) Stock Price Down 6.6%

Teekay Offshore Partners L.P. (NYSE:TOO) was down 6.6% on Thursday . The stock traded as low as $1.13 and last traded at $1.14. Approximately 509,575 shares changed hands during mid-day trading, a decline of 0% from the average daily volume of 509,736 shares. The stock had previously closed at $1.22.A number of research firms have recently weighed in on TOO.

MONTI: Fishing will be mixed bag in 2019 | Local Sports

If you worked hard, you caught fish in 2018. Maybe not what you wanted to catch, but there were fish to catch.The school striped bass fishing was awesome with a number of large fish taken at the Cape Cod Canal, at the Southwest Ledge Block Island, and with shore anglers catching keepers in the 30 range mixed in with all those smaller bass.

Lasers help tell story of German sub that sank 74 years ago

The U-boat seems to loom out of the blackness, careening to starboard, as if to avoid a collision. As it glides by in the image, its deck gun is unmanned, its conning tower empty, the wooden deck plates are rotted away. It is German submarine U-576, Kapitanleutnant Hans-Dieter Heinicke, in command. And as it "passes," its outline appears in laser-generated colors of fluorescent blues and greens.

Naval Combat Systems Market Expected to Record a CAGR of 4.03%, during the Forecast Period – All for

Naval Combat Systems Market Research Report Coverage:This report covers drivers, restraints, opportunities, challenges, and market trends. The report also covers the product portfolio analysis of the Naval Combat Systems products and vendor benchmarking of the top players in this market. In addition, this report highlights…

Listen to The OGM Podcast for an easier more enjoyable experience.

Publishers Commentary: By Tina OliveroPODCASTLISTEN TO THE FULL COMMENTARY HERE! Simply press this link and press play.The solution to climate change is not eliminating cars and the solution to oil spills is not eliminating oil production or pipelines.Oil is the foundation of our world. Its the most sought-after commodity on the planet because it is in everything we have and do.

Ion Geophysical (NYSE:IO) & China Oilfield Services (CHOLY) Financial Contrast

Ion Geophysical (NYSE:IO) and China Oilfield Services (OTCMKTS:CHOLY) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, valuation, institutional ownership, risk and dividends.

MODEC INC TOKYO SHS (OTCMKTS:MDIKF) Sellers Declined Their Shorts By 79.77% – Enbulletin

It was noted a decrease on MODEC INC TOKYO SHS (OTCMKTS:MDIKF)’s shorted shares with 79.77%. FINRA published in December MDIKF’s total 8,700 shorted shares. The 43,000 previous shares are down with 79.77%. Ticker’s shares touched $22 during the last trading session after 6.02% change.MODEC INC has 100 shares volume, Infinity% up from normal. JAPAN is and has moved 0.00% since December 27, 2017.

CSSC Offshore & Marine Engineering (0317) Soars 0.59% on Dec 28 – Enbulletin

Shares of CSSC Offshore & Marine Engineering (HKG:Group Company Limited) last traded at 5.08, representing a move of 0.59%, or 0.03 per share, on volume of 149,029 shares. After opening the trading day at 5, shares of CSSC Offshore & Marine Engineering traded in a close range. CSSC Offshore & Marine Engineering currently has a total float of 2.14 billion shares and on average sees 345…

Rally Window Almost Closed? – Diamond Offshore Drilling, Inc. (DO), Intuit Inc. (INTU)

Looking at top Wall Street opinions, Diamond Offshore Drilling, Inc. (NYSE: DO) has recently made its way into the research list of Clarksons Platou signaling that their analysts rating adjustment is noteworthy. This stock was upgraded to a rating of Buy in the eyes of Clarksons Platou, whereas its previous rating was Neutral in the eyes of Clarksons Platou…

Exxon resumes drilling offshore Guyana despite Venezuelas complaint

The American multinational oil & gas corporation, Exxon Mobil, has reportedly restarted its oil drilling and developmental activities off the coast of Guyana a project that supposedly commenced earlier this year. Seemingly, the company resumed work without being unaffected by the most recent Venezuela incident in which…

AUV Tracking System Tested In Loch Ness

A collaborative research project called Autonomous Surface and Sub-surface Survey System (ASSSS) aims to deliver an integrated system to provide a means of conducting low cost, shore based, full water column marine surveys using multiple unmanned systems. The project, part funded by Innovate UK, hopes to encourage wider adoption of unmanned systems.The project is being led by a U.K.

Keppel unit suspends business with Viking Offshore Marine unit amid litigation, Companies & Markets

KEPPEL Offshore & Marine has suspended business with Marshal Systems, a unit of Viking Offshore & Marine, after another unit of the latter commenced legal proceedings against Keppel Singmarine, Viking Offshore & Marine said in a Singapore Exchange (SGX) filing on Tuesday after close.Viking Offshore & Marine said that it…

Rowan's (RDC) Jack up Rig Receives Contract in Trinidad

Rowan's (RDC) jack up rig, Ralph Coffman, is currently hired by GulfSlope in the Gulf of Mexico.MoreRowan Companies plcs RDC 240-C Class harsh environment jack up rig Ralph Coffman has received a 180-day contract in Trinidad.Previously, the company received a contract from CGX Resources for the same rig. The jack-up, which is capable of performing in harsh environments…