Offshore News

Analysts Speculate on NiSource Inc (NYSE:NI) and Diamond Offshore Drilling (NYSE:DO)

NiSource Inc (NYSE:NI)’s share price plunged -1.1% or -0.28 to reach at $25.07 during previous trading session. A total of 2.72 Million shares exchanged hands, whereas the company’s average trading volume stands at 3.45 Million shares. NiSource Inc (NYSE:NI) has a market capitalization of $9.53 Billion and most recently…

Irans South Pars to Get New Platform Next Month - Economy news

According to the contractor of Phases 22, 23 and 24 of the South Pars gas field, the second gigantic offshore platform of the three phases has been manufactured and is ready for shipping.The homegrown platform, weighing 2,300 tons, will be held in place and start pumping gas to the onshore refineries in the Iranian month of Bahman (January 21-February 19).The offshore platform…

Rowan Companies (NYSE:RDC) Downgraded to “Hold” at Societe Generale

Societe Generale lowered shares of Rowan Companies (NYSE:RDC) from a buy rating to a hold rating in a research note published on Thursday, December 20th, MarketBeat reports.A number of other research analysts have also issued reports on RDC. Citigroup upgraded Rowan Companies from a neutral rating to a buy rating and boosted…

Tugboat en route to tow burning container ship to Halifax: U.S. Coast Guard

HALIFAX An offshore tug and supply vessel is en route to a large Halifax-bound container ship burning 1,500 kilometres off the city's coast with plans to tow the vessel to its final destination, the U.S. Coast Guard said Sunday.All 23 crew members have been evacuated from the Yantian Express, which has been on fire since…

Teekay (TK) Trading 9.4% Higher

Teekay Co. (NYSE:TK) shares shot up 9.4% during mid-day trading on Friday . The stock traded as high as $3.76 and last traded at $3.71. 887,413 shares changed hands during trading, a decline of 7% from the average session volume of 950,471 shares. The stock had previously closed at $3.39.A number of analysts recently issued reports on the company.

This Oil Stock Is The Cheapest It's Been in 33 Years. Is It Time to Buy?

The recent market decline has led to some stocks looking more attractive than they have in some time. Few stocks look as cheap as oil services giant Schlumberger (NYSE: SLB). As a result of this most recent decline, shares of the stock now trade at a price to book value of 1.4 times. The last time shares of Schlumberger traded for a price to book value this low…

Today AUSTAL LTD ORDINARY SHARES (OTCMKTS:AUTLF) Reported Increase in Shorted Shares – Thorold News

The stock of AUSTAL LTD ORDINARY SHARES (OTCMKTS:AUTLF) registered an increase of 19700% in short interest. AUTLF’s total short interest was 79,200 shares in January as published by FINRA. Its up 19700% from 400 shares, reported previously. With 100 shares average volume, it will take short sellers 792 days to cover their AUTLF’s short positions. It closed at $1.39 lastly.

Former Industry Executives Hold Top Spots In Several Federal Departments

Copyright 2019 NPR. To see more, visit https://www.npr.org.AUDIE CORNISH, HOST: Two years ago, former Montana Congressman Ryan Zinke rode on horseback down the streets of Washington to begin his first day as secretary of the interior. He resigned that post in December, no horse in sight, amid a series of ethics investigations. His replacement took over yesterday.

Plan unveiled to find secret shark nurseries on East Coast

A plan by scientists to put transmitters inside the uteruses of pregnant sharks could soon change where and when beach lovers choose to swim off the East Coast, including the Carolinas.The trackers, called Birth-Tags, are expected to provide new information on where some of the largest, most mobile species of Atlantic sharks give birth along the coast.This includes makos…

Austal Limited (ASB) Insider John Rothwell Acquires 500,000 Shares

Austal Limited (ASX:ASB) insider John Rothwell bought 500,000 shares of Austal stock in a transaction that occurred on Friday, December 7th. The shares were acquired at an average cost of A$1.86 ($1.32) per share, with a total value of A$928,500.00 ($658,510.64). ASB opened at A$1.96 ($1.39) on Friday. Austal Limited has…

Port of San Diego releases preliminary report on ocean planning – The Log

Collaborative pilot project begins with public input on ocean space uses and experiences.SAN DIEGO A collaborative effort between the Port of San Diego and California State Lands Commission to better understand offshore ocean uses near Californias second largest metropolis earned its first milestone. Both agencies involved…

British navy called out to tackle migrant dinghies

LONDON: A British navy ship was preparing Thursday to patrol the Channel in response to a wave of mostly Iranian asylum seekers risking the crossing from France in dinghies. An Iranian and a British national have been arrested on suspicion of facilitating illegal migration across the Channel, the world's busiest shipping lane.

Contrasting Helmerich & Payne (HP) & Western Energy Services (WEEEF)

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

DT Presents Some of the Most Popular Photos of 2018

Dredging Today brings you some of the most popular photos that marked the past dredging season.PHOTO: DEMEs TSHD Bonny River Launched in ChinaDEMEs new trailing suction hopper dredger (TSHD) Bonny River was launched last Sunday (April 15) at COSCO Guangdong Heavy Industry shipyard in China.PHOTO: GLDD Backhoe Dredge New…

Guest Commentary: Protect the Military Mission Line from offshore drilling

As the 116th Congress begins, the Florida delegation should unite to stop offshore drilling off the Gulf coast of Florida and must push Congress to enact legislation to make the moratorium on offshore drilling in the eastern Gulf of Mexico (EGOM), eastward from the Military Mission Line (MML) at Long. 86 deg, 41 min., permanent.

SUBSEA 7 SA ORDINARY SHARES LUXEMBOURG (OTCMKTS:ACGYF) Shorts Reduced By 2.06% As Of Jan 1, 2019 – Z

It was showed a decrease on SUBSEA 7 SA ORDINARY SHARES LUXEMBOURG (OTCMKTS:ACGYF)’s short interest with 2.06%. It was published in January by FINRA the 4.58M short interest on ACGYF. The down change of 2.06% from 4.67 million shares was reported. At traded at $9.05 lastly.It’s since January 1, 2018 and is 0.00% down. The stock the S&P 500 by 0.00%.Subsea 7 S.A.

Diamond Offshore Drilling (NYSE:DO) Given $14.4 Consensus Target Price by AnalystsExpert Gazette

Diamond Offshore Drilling (NYSE:DO) has grabbed attention from the analysts, when it saw a value decrease of -3.08% or -0.3 points in the last trading session to close at $9.44. A total of 2.2 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 2.37 Million shares, while its relative volume stands at 0.93.

Venezuela navy confronts Exxon oil ship in Guyana border ...

(Adds U.S. State Department statement, paragraphs 13-14)GEORGETOWN/CARACAS, Dec 23 (Reuters) - Venezuela's navy "intercepted" a ship exploring for oil on behalf of Exxon Mobil Corp in Guyanese waters over the weekend, Guyana's foreign ministry said in a statement, while neighboring Venezuela said the incident occurred within…