Oil Rig News

'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…

U.S., Gulf countries impose joint Iran-related sanctions on 25 targets

An Iranian flag flutters in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria September 9, 2019. By Doina Chiacu and Daphne PsaledakisWASHINGTON, Oct 30 (Reuters) - The United States and six Gulf countries agreed to jointly impose sanctions on 25 corporations, banks and individuals linked to Iran's support for militant networks including Hezbollah, the U.S.
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Teekay Corporation inks Contract for Hummingbird Spirit FPSO

Teekay Corporation announced that it has entered into an agreement with the Chestnut Joint Venture, a joint venture between Spirit Energy Ltd. and Dana Petroleum Ltd., to extend the employment of the Hummingbird Spirit FPSO unit on the Chestnut field in the North Sea until March 2023. This contract extension was done in…

Get to know your 2019 general election candidates

On October 7, The All Point Bulletin reached out to general election candidates running in competitive county and local races. We invited a submission from each of them, with a deadline of October 14. The statements of candidates who responded are printed below.Whatcom County executiveTony LarsonNo response received.Satpal SidhuI have a passion to serve our community…

Salvage crews give update on capsized cargo ship off Ga. coast

ST. SIMONS ISLAND, Ga. (WTOC) - The team working on the Golden Ray salvage operation gave an update on their progress Friday.Officials gave updates on the oil leakage, the environmental and health impacts, and the effort to remove the overturned ship from the Saint Simons Sound.Watch Fridays news conference:11 a.m. news conference…

J M Smucker Co (SJM) Expected to Announce Earnings of $2.03 Per Share

Analysts expect J M Smucker Co (NYSE:SJM) to post earnings per share of $2.03 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for J M Smucker’s earnings. The highest EPS estimate is $2.05 and the lowest is $2.00. J M Smucker reported earnings of $2.50 per share during the same quarter last year…

Singapore bunker supplier Equatorial Marine Fuel gearing up for IMO 2020 rule

Singapore’s Equatorial Marine Fuel Management Services is readying itself for changes to the International Maritime Organization’s lower global sulfur limit rule for marine fuels will bring, while aiming to maintain its growth momentum in 2019, executive director Zhen Mao Choong said.“We are preparing ourselves for 2020…to meet with the varied and changing demands from our customers…

Reusable Adhesive that Works Underwater

Credit: Pixabay.Illinois researchers have introduced a new cutting-edge reusable adhesive that activates in seconds, works underwater, and is strong enough to deadlift 11 pounds: shape memory polymers (SMPs). The teamAssociate Professor in Mechanical Science and Engineering Seok Kim, graduate student Jun Kyu Park, and former graduate student Jeffrey D.

Reviewing Globus Maritime (GLBS) & Grupo TMM SAB (OTCMKTS:GTMAY)

Grupo TMM SAB (OTCMKTS:GTMAY) and Globus Maritime (NASDAQ:GLBS) are both small-cap transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, valuation, institutional ownership, analyst recommendations, earnings, risk and dividends. Analyst…

Focus for 2019? Bridging gaps and more habitat

"People don't always know all the good things we do (as an organization), so it was trying to celebrate what we've done," Douglas County PF president Dean Krebs said. "It does energize you when you hear about these other chapters and what they're doing and what's going on with farm bill biologists and habitat restoration. There is a lot going on, and it is pretty cool.

Euronav NV (EURN) Receives Consensus Rating of “Buy” from Brokerages

Shares of Euronav NV (NYSE:EURN) have been assigned an average recommendation of “Buy” from the eleven ratings firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Venezuela studying partial force majeure after US sanctions: oil minister

CARACAS (Reuters) - Venezuela is studying several measures to react to new U.S sanctions against state-run oil firm PDVSA including partial force majeure, Oil Minister Manuel Quevedo said on Tuesday.Quevedo told a news conference that oil tankers leaving Venezuelan ports must pay for crude before departing.

Critical Review: Aly Energy Services (OTCMKTS:ALYE) vs. MITCHAM INDUSTR/SH (MIND)

MITCHAM INDUSTR/SH (NASDAQ:MIND) and Aly Energy Services (OTCMKTS:ALYE) are both small-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, profitability, valuation, analyst recommendations, earnings, risk and institutional ownership.

Australia leads FPSO deployments in Oceania by 2025, says GlobalData

Australia will account for all floating production, storage and offloading vessels (FPSOs) planned for deployment in Oceania during 2019 – 2025, according to GlobalData, a data and analytics company.The company’s report, ‘Q1 2019 Global FPSO Industry Outlook – Australia Leads FPSO Deployments in Asia-Pacific’ reveals that…

The Danger of Calling Out Cyberattackers

The $100 million lawsuit that Mondelez, the maker of Oreos and Cadbury chocolate, has brought against Zurich Insurance Group shows that governments should be more careful about identifying the would-be culprits in putative cyberwars: Such claims can have unintended consequences, and can sometimes harm businesses.In June 2017…

Diamond Offshore Drilling Inc (DO) Shares Sold by D.B. Root & Company LLC

D.B. Root & Company LLC lessened its stake in shares of Diamond Offshore Drilling Inc (NYSE:DO) by 31.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,040 shares of the offshore drilling services provider’s stock after selling 4,550 shares during the period. D.B.

Stock Price, News, & Analysis for Grupo TMM SAB

Grupo TMM, S.A.B., together with its subsidiaries, operates as a logistics and transportation company in Mexico. It operates in four segments: Maritime, Logistics, Ports and Terminals, and Warehousing. The company offers maritime transportation services, including offshore vessels, which provide transportation and other services to the Mexican offshore oil industry…