Harbour Energy

Valaris Announces Contract Awards and Fleet Status Updates

Retrieved on: 
Martedì, Gennaio 9, 2024
Maritime, Energy, Transport, Oil, Gas, Drillship, TotalEnergies, Harbour Energy, Anadarko Petroleum, Shell, Petrobras, Economics, Limited, MPD, Occidental

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of approximately $1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.

Key Points: 
  • Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of approximately $1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.
  • Based on the firm contract term, the total contract value is approximately $519 million, inclusive of mobilization fees and additional services.
  • In conjunction with the above-mentioned contract extension and award for VALARIS 249, a previously disclosed one-well contract with the same operator offshore Australia for VALARIS 107 has been terminated.
  • The backlog associated with this contract is not included in the above-mentioned incremental backlog that has been awarded since the Company’s most recent fleet status report.

IFS to acquire Falkonry AI

Retrieved on: 
Giovedì, Agosto 31, 2023
Cloud, IDC, Maintenance, FSM, United States Navy, MES, Defense, Harbour Energy, Improper integral, Artificial intelligence in industry, Mobile enterprise asset management, ESM, Intelligence, ERP, ICEX: US Navy Mission in Arctic, Organization, PSO, Acquisition, SSAB, Enterprise resource planning, Anomaly, Air force, Artificial intelligence, AI, Field service management, Automation, Asset management, Customer service, EAM

CUPERTINO, Calif., Aug. 31, 2023 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced it has signed a definitive agreement to acquire Falkonry, Inc. a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries. The AI-based, self-learning solution continuously monitors large volumes of data for assets, machines, systems, and industrial processes to discover and analyze unusual behavior and causes of failures.

Key Points: 
  • CUPERTINO, Calif., Aug. 31, 2023 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced it has signed a definitive agreement to acquire Falkonry, Inc. a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries.
  • IFS CEO, Darren Roos, commented: "Falkonry is unique in the market because its technology is agnostic and also it does not require data scientists.
  • The combination of Falkonry and Poka with IFS Cloud makes IFS the most compelling vendor for organizations wanting to establish the most progressive and effective Smart Factories of the future.
  • IFS expects the acquisition of Falkonry to complete in Q4 2023.

IFS to acquire Falkonry AI

Retrieved on: 
Giovedì, Agosto 31, 2023
Cloud, IDC, Maintenance, FSM, United States Navy, MES, Defense, Harbour Energy, Improper integral, Artificial intelligence in industry, Mobile enterprise asset management, ESM, Intelligence, ERP, ICEX: US Navy Mission in Arctic, Organization, PSO, Acquisition, SSAB, Enterprise resource planning, Anomaly, Air force, Artificial intelligence, AI, Field service management, Automation, Asset management, Customer service, EAM

CUPERTINO, Calif., Aug. 31, 2023 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced it has signed a definitive agreement to acquire Falkonry, Inc. a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries. The AI-based, self-learning solution continuously monitors large volumes of data for assets, machines, systems, and industrial processes to discover and analyze unusual behavior and causes of failures.

Key Points: 
  • CUPERTINO, Calif., Aug. 31, 2023 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced it has signed a definitive agreement to acquire Falkonry, Inc. a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries.
  • IFS CEO, Darren Roos, commented: "Falkonry is unique in the market because its technology is agnostic and also it does not require data scientists.
  • The combination of Falkonry and Poka with IFS Cloud makes IFS the most compelling vendor for organizations wanting to establish the most progressive and effective Smart Factories of the future.
  • IFS expects the acquisition of Falkonry to complete in Q4 2023.

Expro Group Holdings N.V. Announces Second Quarter 2023 Results

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Giovedì, Luglio 27, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, Carbon, Well, United Kingdom Continental Shelf, Segment, Tax, GAAP, ESSA, Acquisition, LWI, Risk, NYSE, Well intervention, Integrity, Growth, Security (finance), Injury, EnergySolutions, Harbour Energy, Textainer Group Holdings, Access, NLA, Petroleum Authority of Uganda, Central Time, Movement, Public expenditure, EBITDA, TotalEnergies, NPT, MENA, Cryptocurrency, Clothing, Fine chemical, Renewable energy, Construction, Tunnel, Expro

Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and six months ended June 30, 2023.

Key Points: 
  • Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and six months ended June 30, 2023.
  • Adjusted EBITDA margin for the second quarter of 2023 and first quarter of 2023 was 18% and 12%, respectively.
  • Unless otherwise noted, the following discussion compares the quarterly results for the second quarter of 2023 to the results for the first quarter of 2023.
  • The Company will host a conference call to discuss second quarter 2023 results on Thursday, July 27, 2023, at 12:00 p.m. Central Time (1:00 p.m. Eastern Time).

Stork Awarded Five-Year Asset Integrity Contract on the United Kingdom Continental Shelf

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Mercoledì, Maggio 24, 2023
Manufacturing, Construction & Property, Professional Services, Maritime, Transport, Asset Management, Oil, Gas, Logistics, Supply Chain Management, Energy, Engineering, Other Construction & Property, FLR, AELE, Harbor, Fluor Corporation, Corporation, Multimedia, NYSE, Harbour Energy, United Kingdom Continental Shelf, Nightclub, Stork

Fluor Corporation (NYSE: FLR) announced today that Stork, a Fluor company, has been awarded a five-year contract, plus five one-year extension options with London-based Harbour Energy.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that Stork, a Fluor company, has been awarded a five-year contract, plus five one-year extension options with London-based Harbour Energy.
  • The contract extends Stork’s asset integrity services in the North Sea on Harbour Energy’s Armada, Everest, Lomond and Erskine (AELE) hub, and also extends services to Solan, the J-Area and the Great Britannia Area.
  • View the full release here: https://www.businesswire.com/news/home/20230524005707/en/
    Stork, a Fluor company, has been awarded a five-year contract, plus five one-year extension options with London-based Harbour Energy.
  • (Photo: Business Wire)
    Under the new contract, Stork will deliver asset integrity planning, inspection, fabric maintenance, access solutions, hot bolting and composite repair applications.

Expro Wins Work on Well Abandonment Campaign Offshore UK

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Lunedì, Maggio 22, 2023
Maritime, Other Energy, Transport, Oil, Gas, Alternative Energy, Energy, Well, Maintenance, Partnership, 8-K, Harbour Energy, United Kingdom Continental Shelf, Well test, Wells, API, Multimedia, Risk, Xmas tree, Xmas, Access, Form, Growth, Security (finance), NYSE, Fatigue, Tunnel, Expro

Energy services provider Expro (NYSE: XPRO) has secured a new contract with Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf.

Key Points: 
  • Energy services provider Expro (NYSE: XPRO) has secured a new contract with Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf.
  • Wells that require abandonment tend to suffer from loading and fatigue issues on the wellhead and Xmas trees.
  • Expro’s ability to supply a lightweight open-water system will help to mitigate these loading issues during the subsea well access intervention part of the overall abandonment campaign.
  • This contract award further extends Expro’s involvement in this major campaign, with our Well Test and Well Construction teams already supporting the project.

ERCE engages in European first as Harbour Energy books CO2 storage resources

Retrieved on: 
Venerdì, Marzo 10, 2023
Steps, History, Climate, Heart, Trust, SRMS, Sustainability, CO2, Harbour Energy, News, Evolution, Renewable energy

LONDON, March 10, 2023 /PRNewswire/ -- This week it is announced that ERCE has completed Europe's first public independent report of its kind, as Harbour Energy books CO2 storage resources in accordance with the SPE Storage Resource Management System (SRMS).

Key Points: 
  • LONDON, March 10, 2023 /PRNewswire/ -- This week it is announced that ERCE has completed Europe's first public independent report of its kind, as Harbour Energy books CO2 storage resources in accordance with the SPE Storage Resource Management System (SRMS).
  • It is set to be used as a powerful independent tool as Harbour Energy progresses its future-looking Viking CCS Project.
  • With an increasingly critical role to play in such landmark energy industry developments, ERCE is integrating its two dynamic business groups underneath a single masterbrand.
  • Harbour Energy's report has set an example for the European energy industry and the wider space to follow.

ERCE engages in European first as Harbour Energy books CO2 storage resources

Retrieved on: 
Venerdì, Marzo 10, 2023
Steps, History, Climate, Heart, Trust, SRMS, Sustainability, CO2, Harbour Energy, News, Evolution, Renewable energy

LONDON, March 10, 2023 /PRNewswire/ -- This week it is announced that ERCE has completed Europe's first public independent report of its kind, as Harbour Energy books CO2 storage resources in accordance with the SPE Storage Resource Management System (SRMS).

Key Points: 
  • LONDON, March 10, 2023 /PRNewswire/ -- This week it is announced that ERCE has completed Europe's first public independent report of its kind, as Harbour Energy books CO2 storage resources in accordance with the SPE Storage Resource Management System (SRMS).
  • It is set to be used as a powerful independent tool as Harbour Energy progresses its future-looking Viking CCS Project.
  • With an increasingly critical role to play in such landmark energy industry developments, ERCE is integrating its two dynamic business groups underneath a single masterbrand.
  • Harbour Energy's report has set an example for the European energy industry and the wider space to follow.

EIG Enters Into Harbour Energy plc Trading Plan

Retrieved on: 
Mercoledì, Febbraio 8, 2023
Finance, Oil, Gas, Energy, Professional Services, Asset Management, Sale, EIG, Harbour Energy, Security (finance)

EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has established a pre-arranged trading plan (the “Trading Plan”) to permit the sale of up to 2 million shares (the “Shares”) of Harbour Energy plc (HBR.L or the “Company”) held by certain controlled affiliates of EIG.

Key Points: 
  • EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has established a pre-arranged trading plan (the “Trading Plan”) to permit the sale of up to 2 million shares (the “Shares”) of Harbour Energy plc (HBR.L or the “Company”) held by certain controlled affiliates of EIG.
  • As previously announced on July 8, 2022, EIG completed a distribution of the Shares to various EIG fund investors and EIG affiliated shareholders.
  • The Trading Plan, entered into on February 6, 2023, will permit Shares to be sold through March 9, 2023 at times that EIG might otherwise be precluded from doing so under insider trading laws or Harbour Energy plc trading restrictions.
  • The Trading Plan will be administered by an independent broker and will be subject to preset price, volume and timing restrictions set forth in the Trading Plan.

GLOBAL INFRASTRUCTURE PARTNERS ANNOUNCES THE ELECTION OF SIX NEW PARTNERS

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Giovedì, Febbraio 2, 2023
Pacific National, Port, Omnicom Group, Metropolitan Opera, Brookfield Infrastructure Partners, Investment, Business improvement districts in the United States, Acquisition, Signature Aviation, Sydney Airport, Business, Victorian Ports Corporation (Melbourne), APriori Capital Partners, GIP, Atlas Energy, Engineering, Senior, Credit Suisse, GE, Partner, Growth, Chief commercial officer, AT, Global Infrastructure Partners, Citigroup, Harbour Energy, The Peel Group, Atlas, Edinburgh Airport, Otter Media, Airline, Port of Brisbane, American Airlines

NEW YORK, Feb. 2, 2023 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), a leading independent global infrastructure investor, today announced that Ari Droga, Ronnie Hawkins, Gregg Myers, Russell Smith, Virasb Vahidi, and Adrian Witherow have been elected Partners of the Firm, effective January 1, 2023.

Key Points: 
  • NEW YORK, Feb. 2, 2023 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), a leading independent global infrastructure investor, today announced that Ari Droga, Ronnie Hawkins, Gregg Myers, Russell Smith, Virasb Vahidi, and Adrian Witherow have been elected Partners of the Firm, effective January 1, 2023.
  • The record number of new Partners elected across the Firm reflects both the growth of GIP and the talent of our professionals.
  • Previously, he was a Managing Director at EIG Global Energy Partners, as well as Harbour Energy.
  • Before joining GIP, he served as the CEO of the Port of Brisbane and COO Transport for Prime Infrastructure and Brookfield Infrastructure.