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2014-02-24 16:28:00

KCA DEUTAG BARELY ALIVE

KCA  DEUTAG BARELY  ALIVE

KCA DEUTAG announced 2013 results:

  • REVENUE  2013 to 2012: grouth from $ 1.74 B to $ 2.1 B, $ 360 M, 2.1%; 
  • EBITDA  2013 to 2012: growth with $ 263 M to $ 300 M, $ 37 M, 14.1%;
  • NET DEBT Q4 2012 to Q4 2013: growth with $ 1.2 B to $ 1.21 B, $ 100 M, 1%.   

COMPANY HIGHLIGHTS:

  • Diversified business across both onshore and offshore
  • Strong market position across highly attractive international markets
  • Excellent HSE performance
  • High level of earnings visibility, $6.8bn backlog  and blue chip customer base
  • Experienced management team, supported by committed shareholders
  • Significant strategic developments during 2013

More information here.

Tags: KCA, DEUTAG

Chronicle:

KCA  DEUTAG BARELY  ALIVE
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

KCA  DEUTAG BARELY  ALIVE
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

KCA  DEUTAG BARELY  ALIVE
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

KCA  DEUTAG BARELY  ALIVE
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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