Offshore News

Diamond Offshore Drilling, Inc. (NYSE:DO) and Ubisoft Entertainment SA (ENXTPA:UBI) Stock Valuation

Diamond Offshore Drilling, Inc. (NYSE:DO) currently has a Value Composite score of 28. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. The Value Composite Two of Diamond Offshore Drilling, Inc. (NYSE:DO) is 35.Investors may be trying to decide if stocks will make new highs before the year is out…

Reviewing Infinity Energy Resources (IFNY) and Helmerich & Payne (HP)

Helmerich & Payne (NYSE:HP) and Infinity Energy Resources (OTCMKTS:IFNY) are both oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, risk, valuation and profitability. Risk & VolatilityHelmerich & Payne has a beta of 1.42…

Reviewing Western Energy Services (WEEEF) & Ensco (ESV)

Western Energy Services (OTCMKTS:WEEEF) and Ensco (NYSE:ESV) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their risk, profitability, earnings, dividends, institutional ownership, analyst recommendations and valuation. Valuation and…

Business Segmentation by Revenue and Market Structure Forecast 2023 – Current News Magazine

“An oil/gas separator is a pressure vessel used for separating a well stream into gaseous and liquid components. They are installed either in an onshore processing station or on an offshore platform. Based on the vessel configurations, the oil/gas separators can be divided into horizontal, vertical, or spherical separators.”Oil…

Venezuela claims win in diplomatic dispute, ignores criticism of Maduro

Reuters/CaracasVenezuela’s government claimed victory on Saturday in a diplomatic quarrel with Latin American countries over a border dispute with Guyana, while ignoring an avalanche of criticism over President Nicolas Maduro’s second term in office.Maduro had warned members of the so-called Lima Group of “diplomatic measures”…

Husky taking steps to resume Newfoundland offshore operations two months after oil spill

The SeaRose floating production, storage and offloading vessel. (File Photo).HO/The Canadian PressHusky Energy says its working to reassure regulators that it can resume safe operations, two months after a massive oil spill at one of their offshore oil production sites.Work at the site of Husky Energys SeaRose production vessel has been halted since an estimated 250…

Penn Capital Management Co. Inc. Has $3.02 Million Position in Transocean LTD (NYSE:RIG)

Penn Capital Management Co. Inc. lowered its holdings in shares of Transocean LTD (NYSE:RIG) by 56.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 87,724 shares of the offshore drilling services provider’s stock after selling 111,768 shares during the period. Penn Capital Management Co.

North Sea oil and gas spend 'could still be £330bn'

Up to £330bn could be spent on extracting oil and gas from UK waters over the next three decades, according to leading industry experts.Prof Alex Kemp and Dr Linda Stephen at Aberdeen University have used new data to model the potential for the offshore industry until 2050.The study concludes that there could be 17 billion…

Subsea Innovation achieves world first DNV GL type OK

DUBAI Subsea Innovation Ltd, part of Tekmar Group plc, has announced that it has been awarded DNV GL type approval for its SIClamp structural pipeline repair clamp technology. In doing so Subsea Innovation is the first manufacturer in the world to achieve this certification.The new technology, given the official stamp of approval from DNV GL…

With key testing set to begin, is SeaRose oil production on the horizon?

Husky Energy's SeaRose FPSO could be inching closer to resuming oil production  nearly two months after the largest oil spill in Newfoundland and Labrador's history  but the company is detailing the several key steps, and approvals, that are needed first. In a statement issued Friday, the company says it hopes to start leak-testing of the central drill centre as early as the weekend or Monday.

Shell Hires Noble Globetrotter II for Drilling Offshore Bulgaria - Novinite.com

London-based offshore drilling contractor Noble Corporation said Shell has hired its Noble Globetrotter II ship to drill a well offshore Bulgaria beginning in the first quarter of 2019, reports SeeNews. "Following the conclusion of the idle period, the unit will earn a dayrate based on a market index or the newly established floor of $275…

Head-To-Head Comparison: Western Energy Services (WEEEF) versus Helmerich & Payne (HP)

Western Energy Services (OTCMKTS:WEEEF) and Helmerich & Payne (NYSE:HP) are both oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, dividends, institutional ownership, risk, earnings, profitability and analyst recommendations. ProfitabilityThis…

There Aren't Plenty More Fish in the Sea

Mariculture occurs in large nets like those at this kampachi, or Almaco jack, farm in Kona. Credit: LENNON THOMAS.There are only so many fish in the sea. And our appetite for seafood has already stressed many wild fisheries to the breaking point. Meanwhile, the planets growing population will only further increase the need for animal protein…

Aker Energy makes successful appraisal of Pecan 4A field offshore Ghana

Aker Energy says its oil exploration in the Deepwater Cape Three Points block - Pecan-4A field in Ghana has been successful.Chief Executive Officer at Aker Energy, Jan Arve Haugan said, "We are pleased to announce the well results, confirming our understanding of the area, as well as the resource base and upside potential in the DWT/CTP block.

17th Royal Langkawi International Regatta

Wind conditions got even better at 17 knots for sailing teams at the 17th Royal Langkawi International Regatta 2019 for the Day Three race - the much anticipated around the island course - which offers a spectacular view of the surrounding islands and unique rock formations. Some of the slower boats in the Club Cruising and White Sail classes especially…

Ship Finance International (SFL) versus TOP SHIPS (TOPS) Head to Head Survey

TOP SHIPS (NASDAQ:TOPS) and Ship Finance International (NYSE:SFL) are both small-cap transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, risk and institutional ownership. DividendsShip…

N Atl DRILLING/SH NEW (NADLQ) vs. Helmerich & Payne (HP) Financial Analysis

N Atl DRILLING/SH NEW (OTCMKTS:NADLQ) and Helmerich & Payne (NYSE:HP) are both oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, risk, dividends, earnings and valuation. Helmerich & Payne has higher revenue and earnings than N Atl DRILLING/SH NEW.