Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-04-25 22:00:00



Weatherford International raised its layoff target to 10,000 positions on Thursday after booking an over 50 percent income drop in the first quarter.

The UK-based services provider reported $2.79 billion in first quarter revenue, down 25 percent from last quarter, while operating income slid 57 percent from the fourth quarter to $238 million.

The firm also took $85 million in after-tax charges for the first quarter primarily tied to severance costs and the devaluation of the Venezuelan Bolivar.

Weatherford also raised its headcount reduction target to 10,000 positions, up from the 8,000 positions previously announced, with the bulk of the cuts coming from North America.

The company said that by the end of the first quarter it had completed 6,449 terminations that resulted in expected yearly savings of over $442 million.

"We expect to complete the entire revised program of 10,000 terminations by the end of the second quarter generating expected annualized savings of $640 million," Weatherford said.

The company is also planning to shut down and consolidate 60 operating facilities across North America by the end of the year in addition to the planned shutdown of seven manufacturing facilities.

North American revenues fell to $1.16 billion in the first quarter, a 34 percent sequential drop, and the company took a $10 million operating loss for the region due to "the significant decline in the North American land rig count and pricing pressures."

The company also booked losses across most of its international operations and saw international revenue fall 17 percent from last quarter to $1.44 billion.

Revenues tied to Latin America shrank to $486 million, a 27 percent fall from the fourth quarter, while operating income in the region slid to $98 million.

First quarter revenues from operations in Europe, Sub-Sahara Africa and Russia fell 16 percent sequentially to $417 million while operating income in the region slipped to $71 million, a 25 percent decline from last quarter.

The company's operations in the Middle East, North Africa and Asia Pacific regions faired a bit better with revenues falling only 7 percent from last quarter to $533 million while operating income jumped 15 percent from the fourth quarter to $69 million.

"Our international performance will be resilient. Both Eastern Hemisphere and Latin America will show relative strengths through the 2015 market decline, and will outperform on margin growth. North America will remain very challenged," Weatherford chief Bernard Duroc-Danner said.




2017, December, 15, 12:50:00


LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

2017, December, 15, 12:45:00


BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

2017, December, 13, 12:40:00


REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

2017, December, 13, 12:35:00


ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

All Publications »