Daily Archives: May 15, 2019

Ezion scrambles for working capital. Posts 1Q loss

Rate this article By Offshore Energy Today Cash-strapped liftboat specialist Ezion Holdings reported a net loss for the first quarter of $12.8 million on the back of lower revenue. The company’s revenue for the quarter was $28 million, down… … Read Full Article Here For more great articles: Offshore Energy Today

Transocean raising $500M via note offering

Rate this article By Offshore Energy Today Offshore drilling company Transocean has started a private note offering in a push to raise $500 million. … Read Full Article Here For more great articles: Offshore Energy Today

Japan’s spot LNG price slides in April

Rate this article By LNG World News The price of spot liquefied natural gas contracted in Japan has continued its slide with prices declining again in April. Read Full Article Here For more great articles: LNG World News

Green light for Johan Sverdrup phase 2 plan

Rate this article By Offshore Energy Today.. The plan for development and operation of the second phase of the Johan Sverdrup field development located offshore Norway was formally approved by Norwegian authorities on Wednesday, May 15. … Read Full Article Here For more great articles: Offshore Energy Today

Awilco swings to loss in 1Q but sees market improving

Rate this article By Offshore Energy Today.. Awilco Drilling sank to a loss in the first quarter of the year amid lower revenues but the driller sees an improvement in the offshore drilling market. … Read Full Article Here For more great articles: Offshore Energy Today