Offshore News

Shutdown leads to delays in lawsuits against government

RICHMOND, Va. During the longest-ever government shutdown, the federal judiciary has remained open, allowing the wheels of justice to keep turning in most criminal cases. But many civil cases have come to a halt because the U.S. Department of Justice doesn't have enough attorneys working to handle them.Judges have granted…

Transocean LTD (RIG) Receives $13.70 Average Price Target from Analysts

Transocean LTD (NYSE:RIG) has earned a consensus rating of “Hold” from the twenty-one brokerages that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and twelve have assigned a buy recommendation to the company.

Short-Term Signal Watch on Diamond Offshore Drilling (DO) as ADX Signals Buy

Checking in on the short-term signals on Diamond Offshore Drilling (DO), we note that the current 7-day average directional indicator is Buy. This signal may be used to determine the market trend. The 7-day directional strength is Weak . This trend strength indicator measures the signal based on historical performance where minimum would represent the weakest…

Augmented Reality Helping Train Oil Workers for Disasters, Says Schneider Electric CEO - Press Relea

Schneider Electric CEO Jean-Pascal Tricoire said that augmented reality technology can help virtually prepare operators for leaks and fires at refineries and offshore platformsDigitisation and augmented reality can help prepare employees for many hazards present in oil refineries and offshore platforms and significantly improve safety levels…

KEPPEL LTD/ADR (KPELY) and SmartCentres Real Estate Investment Trst (CWYUF) Financial Comparison

SmartCentres Real Estate Investment Trst (OTCMKTS:CWYUF) and KEPPEL LTD/ADR (OTCMKTS:KPELY) are both mid-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, risk, dividends, institutional ownership and profitability.

Düsseldorf boat show: The Power on the Rhine

From a trade show of the ‘ 60s has become the boat of 2019 to a comprehensive event for the presentation of any flow at, on, near or under the water trying to. Thus, it has earned the title of the largest boat and water sports trade fair in the world fair. More than 220,000 square feet of space to it of 19. to 27. In January…

Comparing Ocean Rig UDW (NASDAQ:ORIG) and Petroteq Energy (PQEFF)

Ocean Rig UDW (NASDAQ:ORIG) and Petroteq Energy (OTCMKTS:PQEFF) are both oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their institutional ownership, earnings, profitability, analyst recommendations, dividends, valuation and risk. Valuation and EarningsThis table compares Ocean Rig UDW and Petroteq Energy’s gross revenue…

Shell's Olefins Unit Start-Up, SemGroup's JV & More

Royal Dutch Shell (RDS.A) started up its fourth linear alpha olefins unit at its Geismar chemicals plant, while SemGroup (SEMG) and KKR teamed up for a Canadian midstream infrastructure platform.MoreIt was a week where both oil and gas prices logged gains.On the news front, Royal Dutch Shell plc RDS.A started up its fourth linear alpha olefins unit at its chemicals plant in Geismar…

Fish farms in the Caribbean would make tons of food

Fish farmingor aquaculturein the Caribbean could produce more than 34 million metric tons of seafood per yearmore than two orders of magnitude larger than the region’s current seafood production, a new study shows.There are only so many fish in the sea and our appetite for seafood has already stressed many wild fisheries to the breaking point.

Diamond Offshore Drilling (DO): Stock with Active Study to Overcome Risk

Diamond Offshore Drilling (DO) moved with positive change of 3.04% at $11.53 during Friday trading period. This stock price move and price percentage is noteworthy to traders as it shows final value of stock and how much it changed in recent trading session. There are 2692389 shares which are traded on hands in the recent trading session. Its an average volume stands with 2520.47K shares.
Garen Yegparian

Shutdown Shenanigans | Asbarez.com

Garen YegparianBY GAREN YEGPARIANThe impasse between the legislative and executive branches in Washington, DC has led to the government shutdown dominating U.S. news in recent days. Before addressing the issue itself and its connection to Armenian concerns, heres some background, just on the federal level it seems there have been some state shutdowns, too.This is not the first shutdown.

Remaining 12 crewmembers evacuated from burning Halifax-bound container ship

HALIFAX — The U.S. Coast Guard says all crewmembers have been moved off a large Halifax-bound container ship burning far off the city’s coast, but notes that weather conditions are looking more favourable for firefighting efforts.Bad weather has been preventing the crew of the Yantian Express from extinguishing a fire that…

Seafox Intends To Build Over 13% Stake In Gulf...

LONDON (Alliance News) - Numis Securities Ltd on Monday said Seafox International Ltd intends to buy at least 13.5% holding in support vessels provider Gulf Marine Services PLC. Numis is broker to Seafox.The offshore jack-up company Seafox plans to acquire 47.1 million shares at a price of 18 pence each. Gulf Marine Services…

Brokerages Anticipate Teekay Offshore Partners L.P. (TOO) to Post $0.25 EPS

Analysts predict that Teekay Offshore Partners L.P. (NYSE:TOO) will report earnings per share (EPS) of $0.25 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Teekay Offshore Partners’ earnings, with estimates ranging from $0.23 to $0.27. Teekay Offshore Partners posted earnings of $0.01 per share in the same quarter last year…

Diamond Offshore Drilling (DO) and N Atl DRILLING/SH NEW (NADLQ) Head-To-Head Analysis

Diamond Offshore Drilling (NYSE:DO) and N Atl DRILLING/SH NEW (OTCMKTS:NADLQ) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, dividends and analyst recommendations. Analyst…

Coast Guard tightens surveillance for Gangasagar Mela, deploys its assets for search and rescue ops

NEW DELHI: The Indian Coast Guard has drawn elaborate arrangements for the Gangasagar Mela where hundreds and thousands of devotees converge each year on the occasion of Makar Sankranti to take a holy dip at the confluence of river Ganga and the Bay of Bengal.The Coast Guard on Monday deployed its assets for Search and Rescue Operations (SAR) in case of any eventuality.Assets like hovercraft…

Global Offshore AUV and ROV market 2018 based on Porters Five Forces Analysis – Best Direct News

Offshore AUV and ROV market report examines the current market trends related to demand, supply, and sales with respect to recent developments. Offshore AUV and ROV market report covers the market drivers, restraints, and opportunities that will provide the complete scenario of the market. The analysis represents the detailed information regarding to future prospects…

Transocean LTD (NYSE:RIG) Holdings Cut by Federated Investors Inc. PA

Federated Investors Inc. PA cut its position in Transocean LTD (NYSE:RIG) by 5.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,338 shares of the offshore drilling services provider’s stock after selling 10,325 shares during the period. Federated Investors Inc.

Global Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in

Dublin, Jan. 11, 2019 (GLOBE NEWSWIRE) — The “Q4 2018 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Global Offshore Industry – Petrobras Leads in Global Offshore Crude Oil Production” report has been added to ResearchAndMarkets.com’s offering. “Q4 2018 Production and Capital…

Lebanons Energy Minister: Oil, Gas Exploration Continues Despite Israeli Pressure

Monday, 14 January, 2019 - 09:00 Lebanon's Minister of Energy and Water Cesar Abou Khalil. The Minister of Energy and Water in the caretaker government, Cesar Abi Khalil, has reiterated Lebanons right to invest in its territorial waters.In an interview with Asharq Al-Awsat, Khalil pointed to pressure exerted by Israel on Total to stop exploration in Block 9…