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BW Offshore: Invitation to Q2 2019 Presentation 30 August

2 days ago NAMEX Comments Off on BW Offshore: Invitation to Q2 2019 Presentation 30 August
BW Offshore will release its Half-Year 2019 results on Friday 30 August at 07:30 (CEST). The company will host a presentation of the financial results 09:00 (CEST) the same day at Hotel Continental in Oslo, Norway. The presentation will be given by CEO Marco Beenen and CFO Ståle Andreassen. The Report, Presentation, Earnings Tables (in Read More

The United States tends to produce lighter crude oil and import heavier crude oil

2 days ago NAMEX Comments Off on The United States tends to produce lighter crude oil and import heavier crude oil
August 23, 2019 In 2018, total U.S. crude oil production grew by 17%, led by increased production of relatively light, less dense crude oil. The increase in light crude oil production is largely the result of the growth in crude oil production from shale and tight rock formations, which are now more accessible because of Read More

Nebraska Supreme Court Affirms Keystone XL route approval

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OMAHA, Neb., Aug. 23, 2019 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced the Nebraska Supreme Court has affirmed the November 2017 decision by the Nebraska Public Service Commission that approved the Keystone XL Pipeline route through the state. “The Supreme Court decision is another important step as Read More

Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel

2 days ago NAMEX Comments Off on Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel
CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”) announced today the appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David H. Izett as Senior Vice President, General Counsel, effective September 9, 2019. Mr. Bishnoi is a proven Chief Financial Officer with over 20 Read More

Precision Announces Approval of Normal Course Issuer Bid

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CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later Read More

FRO – Frontline to acquire a fleet of Suezmax tankers from Trafigura

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Frontline Ltd. (“Frontline”) (NYSE and OSE: FRO), today announced that it has entered into a sale and purchase agreement with Trafigura Maritime Logistics (“TML”), a wholly-owned subsidiary of Trafigura Pte Ltd (“Trafigura”) and certain related entities to acquire ten Suezmax tankers built in 2019 through the acquisition of a TML special purpose vehicle which holds Read More

Maha Energy AB (publ) (“Maha” or the “Company”) announces a revision to its 2019 Production Forecast, and update on Tie Field Production Commissioning

3 days ago NAMEX Comments Off on Maha Energy AB (publ) (“Maha” or the “Company”) announces a revision to its 2019 Production Forecast, and update on Tie Field Production Commissioning
­­­Maha Energy AB (publ)Strandvägen 5ASE-114 51 Stockholmwww.mahaenergy.ca Press releaseStockholmAugust 23, 2019 Maha Energy AB (publ) (“Maha” or the “Company”) announces a revision to its 2019 Production Forecast, and update on Tie Field Production Commissioning Revised Production ForecastOn March 8, 2019 the Company provided its 2019 net annual average expected production estimate of 3,990 BOPD.  Despite Read More

Maersk Drilling releases Interim Financial Report for the first half of 2019: Delivering according to plan

3 days ago NAMEX Comments Off on Maersk Drilling releases Interim Financial Report for the first half of 2019: Delivering according to plan
Today, the Board of Directors of The Drilling Company of 1972 A/S (“Maersk Drilling”) has adopted the Interim Financial Report for the first half of 2019: Financial performance for the first half of 2019 (first half of 2018 in brackets) Revenue of USD 623m (USD 742m) EBITDA before special items of USD 231m (USD 309m) Read More

SAExploration Appoints Industry Veteran Michael Faust as Interim President in Addition to Role as Executive Chairman of the Board

3 days ago NAMEX Comments Off on SAExploration Appoints Industry Veteran Michael Faust as Interim President in Addition to Role as Executive Chairman of the Board
HOUSTON, Aug. 22, 2019 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW) today announced the appointment of industry veteran Michael Faust as interim President of the Company with immediate effect. Additionally, as previously disclosed, Mr. Faust has assumed the role of Executive Chairman of the Board of Directors of SAExploration. Mr. Faust brings Read More