All publications by tag «SEA»
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2015, August, 27, 18:20:00
SEADRILL 2Q 2015 RESULTS
Revenues for the second quarter of 2015 were $1,147 million compared to $1,244 million in the first quarter of 2015.
Operating profit for the quarter was $384 million compared to $703 million in the preceding quarter. The decrease was primarily due to the gain on deconsolidation of SeaMex during the first quarter, and a loss on the sale of the West Polaris to Seadrill Partners during the second quarter. Taken together, these items account for approximately $261 million, or 82%, of the sequential decline in operating profit. Excluding these non-recurring items, operating profit declined 11% sequentially.
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2015, August, 5, 18:20:00
NORTH SEA OIL
Oil and gas production from the North Sea is expected to increase for the first time in 15 years despite a global slump in the price of crude and hundreds of job losses in the industry.
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2015, April, 18, 16:00:00
WINTERSHALL WILL UP
Germany-based Wintershall revealed a plan Wednesday to significantly ramp up its presence and production in the North Sea.
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2015, April, 7, 20:15:00
GAZPROM & PETROVIETNAM ARCTIC COLLABORATION
Further to its exclusive talks on possible cooperation, JSC Gazprom Neft and PetroVietnam have set October as a tentative deadline for prioritizing prospects and terms for their partnership at Dolginskoye field and the Severo-Zapadnyi (North West) blocks in Russia’s Pechora Sea.
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2015, February, 14, 13:30:00
CHINA FINDS GAS
China finds sizable natural gas field in South China Sea
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2014, December, 6, 16:10:00
OIL PRICES: NORTH SEA NIGHTMARE
Sir Ian Wood, the Aberdeen-based billionaire and energy industry veteran, has given warning that tumbling oil prices will have a “horrible effect” on North Sea prospects.
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2014, December, 6, 16:05:00
OIL PRICES: NORWAY THREAT
A sharp drop in oil prices since the summer is creating a heap of trouble for Norway.
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2014, November, 22, 17:35:00
SANCTIONS: ANYTHING CONCRETE
Sanctions are forcing Exxon Mobil Corp. to look for alternative assignments for an offshore rig supposed to sail back to the Russian Arctic next summer, writes Bloomberg.
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2014, November, 9, 13:50:00
OIL PRICES: CHANCELLED PROJECTS
A growing list of delayed or cancelled projects, seen by some investors as a healthy move by majors to rein in capital spend after a poor history of returns is working its way through corporate earnings; it has already pummelled the share price of some European suppliers seen as financially fragile.
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2014, November, 7, 19:40:00
ROSNEFT & SEADRILL WILL EXTEND
North Atlantic Drilling Ltd. (NADL), the rig company controlled by billionaire John Fredriksen, will extend a deadline to complete deals with Russia’s OAO Rosneft (ROSN) that include $4.25 billion in contracts amid concern over trade sanctions, a person familiar with discussions said.