NORTH SEA | Jotup

EQS-News: publity AG sells office property in Wilhelmshaven

Retrieved on:

Wednesday, April 10, 2024

March 2024 – publity AG ("publity", ISIN DE0006972508) as asset manager has sold an office property in the port city of Wilhelmshaven.

Key Points:

March 2024 – publity AG ("publity", ISIN DE0006972508) as asset manager has sold an office property in the port city of Wilhelmshaven.
The property has a total rental area of over 4,000 square meters and is let to the port operator JadeWeserPort.
The modern office building is in an attractive and central location at the port.
Frank Schneider, CEO of publity: "It is a positive signal to make a successful transaction in such a special location in this challenging market environment.

Rokk Energy Technologies and Northern Smilodon Energy Announce a Strategic Relationship Focused on the Commercial Application of Rokk’s Pad-Free™ Advanced Drilling and Completion System

Retrieved on:

Monday, March 25, 2024

Government, Montney, British Columbia, Dwarf cat, Carbon, CO2, Methane, Engineering, Oil

CALGARY, Alberta, March 25, 2024 (GLOBE NEWSWIRE) -- Rokk Energy Technologies (“Rokk”) and Northern Smilodon Energy Inc. (“Northern Smilodon”), both headquartered in Calgary, Alberta, are pleased to announce they have entered into a strategic relationship that is focused on the commercial application of Rokk's Pad-Free™ advanced drilling and completion system.

Key Points:

CALGARY, Alberta, March 25, 2024 (GLOBE NEWSWIRE) -- Rokk Energy Technologies (“Rokk”) and Northern Smilodon Energy Inc. (“Northern Smilodon”), both headquartered in Calgary, Alberta, are pleased to announce they have entered into a strategic relationship that is focused on the commercial application of Rokk's Pad-Free™ advanced drilling and completion system.
Rokk’s staff has more than 120 years of experience in design, engineering, and manufacturing of industry-leading drilling and completion technologies.
The Pad-Free™ drilling system technology increases ultimate recovery factors while reducing environmental impact and surface location requirements.
Karen Stewart, President and CEO of Rokk said, "We are excited by the relationship we have entered into with Northern Smilodon as this will help commercialize our drilling and completion technologies.

One Equity Partners Completes Acquisition of TechnipFMC’s Measurement Solutions Business

Retrieved on:

Wednesday, March 27, 2024

One Equity Partners (“OEP”), a middle market private equity firm, has completed the acquisition of TechnipFMC’s Measurement Solutions business (“the Business”), from TechnipFMC (NYSE: FTI).

Key Points:

One Equity Partners (“OEP”), a middle market private equity firm, has completed the acquisition of TechnipFMC’s Measurement Solutions business (“the Business”), from TechnipFMC (NYSE: FTI).
The Business, which is being rebranded as Guidant , is a leading provider of fiscal measurement technologies, facility asset management and automation solutions, and integrated measurement systems deployed across the energy value chain.
Headquartered in Houston, TX, Guidant offers a broad portfolio of measurement technology, digital and automation solutions, and systems across the globe.
“We are thrilled to be partnering with Guidant’s talented management team,” said J.B. Cherry , Partner at One Equity Partners.

Europe's Secret Weapon In Its Energy War With Russia

Retrieved on:

Tuesday, March 12, 2024

While Germany has struggled strategically and politically in its effort to balance its climate change goals with its energy security needs, Austria has not only refrained from turning off the Russian gas taps—opting for a gradual approach--but it's also recently made the country's largest natural gas discovery in 40 years.

Key Points:

These shallow wells, cheap to drill, from proven, previously drilled holes could translate into quick cash flow for MCF Energy.
MCF Energy has adopted a laser focus on Europe's energy security requirements, which is most significantly emphasized by Germany, the largest economy of the European Union.
MCF Energy ( MCF.V ; MCFNF.QX ) believes the answer is found in domestic natural gas, the increasingly accepted bridge fuel for a green energy transition.
In Europe, where the energy landscape is rapidly evolving, Halliburton's contributions to oil and gas exploration and production are invaluable.

Europe's Secret Weapon In Its Energy War With Russia

Retrieved on:

Tuesday, March 12, 2024

While Germany has struggled strategically and politically in its effort to balance its climate change goals with its energy security needs, Austria has not only refrained from turning off the Russian gas taps—opting for a gradual approach--but it's also recently made the country's largest natural gas discovery in 40 years.

Key Points:

These shallow wells, cheap to drill, from proven, previously drilled holes could translate into quick cash flow for MCF Energy.
MCF Energy has adopted a laser focus on Europe's energy security requirements, which is most significantly emphasized by Germany, the largest economy of the European Union.
MCF Energy ( MCF.V ; MCFNF.QX ) believes the answer is found in domestic natural gas, the increasingly accepted bridge fuel for a green energy transition.
In Europe, where the energy landscape is rapidly evolving, Halliburton's contributions to oil and gas exploration and production are invaluable.

Digital Oilfield Market worth $43.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, March 11, 2024

Well, Tight, Automation, Exploration, Component, SCADA, Digital, IA Financial Group, SLB, User interface, Plug, Remote terminal unit, Programmable logic controller, Process, Region, Reservoir sampling, Hardware, Tight oil

Based on process, the Digital Oilfield Market has been split into production optimization, drilling optimization, reservoir optimization, safety management, and asset management.

Key Points:

Based on process, the Digital Oilfield Market has been split into production optimization, drilling optimization, reservoir optimization, safety management, and asset management.
Hence, it is expected to hold the largest share in the process segment of Digital Oilfield Market.
This report segments the Digital Oilfield Market based on application into two segments: Onshore, and Offshore.
Europe is expected to be the second largest Digital Oilfield Market during the forecast period.

Digital Oilfield Market worth $43.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, March 11, 2024

Based on process, the Digital Oilfield Market has been split into production optimization, drilling optimization, reservoir optimization, safety management, and asset management.

Key Points:

Based on process, the Digital Oilfield Market has been split into production optimization, drilling optimization, reservoir optimization, safety management, and asset management.
Hence, it is expected to hold the largest share in the process segment of Digital Oilfield Market.
This report segments the Digital Oilfield Market based on application into two segments: Onshore, and Offshore.
Europe is expected to be the second largest Digital Oilfield Market during the forecast period.

Canadian Natural Resources Limited Announces Normal Course Issuer Bid

Retrieved on:

Friday, March 8, 2024

Acquisition, CNQ, TSX, Toronto Stock Exchange, Calendar, Nature, Policy, Oil

Calgary, Alberta--(Newsfile Corp. - March 8, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange ("TSX") has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the facilities of the TSX or other alternative Canadian trading systems.

Key Points:

Calgary, Alberta--(Newsfile Corp. - March 8, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange ("TSX") has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the facilities of the TSX or other alternative Canadian trading systems.
The price which Canadian Natural will pay for any such shares will be the market price at the time of acquisition.
The actual number of common shares that may be purchased and the timing of any such purchases will be determined by Canadian Natural.
In connection with the NCIB, Canadian Natural expects to enter into an automatic share purchase plan ("ASPP") in relation to purchases made under the NCIB.

Canadian Natural Resources Limited Announces Quarterly Dividend

Retrieved on:

Thursday, February 29, 2024

TSX, CNQ, Oil

Calgary, Alberta--(Newsfile Corp. - February 29, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 5% increase to its quarterly cash dividend on its common shares to C$1.05 (One dollar and five cents) per common share.

Key Points:

Calgary, Alberta--(Newsfile Corp. - February 29, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 5% increase to its quarterly cash dividend on its common shares to C$1.05 (One dollar and five cents) per common share.
The dividend will be payable on April 5, 2024 to shareholders of record at the close of business on March 15, 2024.
Since March 2, 2023, the Company has increased its quarterly dividend 24% through three separate increases for a combined increase of $0.20 per common share.
Canadian Natural is a senior crude oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.

NCS Multistage Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on:

Thursday, March 7, 2024

Permian, NCS, PIN, Annual report, Natural gas, Sale, Adjustment, NCSM, DD, Patent, Depreciation, Interest, Public expenditure, Net, Repeat, ABL, Central Time, Insurance, Video game

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- NCS Multistage Holdings, Inc. (Nasdaq: NCSM) (the “Company,” “NCS,” “we” or “us”), a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completions and field development strategies, today announced its results for the quarter and year ended December 31, 2023.

Key Points:

Total revenues were $35.2 million for the quarter ended December 31, 2023, a decrease of 12% compared to the fourth quarter of 2022.
Gross profit was $12.3 million, or a gross margin of 35%, for the fourth quarter of 2023, compared to $15.6 million, or 39%, for the fourth quarter of 2022.
Other income was $0.4 million for the fourth quarter of 2023 as compared to $1.4 million for the fourth quarter of 2022.
Consequently, we reversed our previously recorded litigation provision of $40.8 million during the fourth quarter of 2023.