ALBANY, New York, January 22, 2016 /PRNewswire/ -- Transparency Market Research (TMR), a market intelligence and research firm, has recently published a research study on the global floating production systems market. According to the report the market was valued at US$12,616 million in 2012. Analysts at TMR project the market to expand at a healthy CAGR of 17.20% during the period from 2013 and 2019 and reach a value of US$38,752.7 million by the end of the forecast period. The research [Read more]
Archives for 2016
Suncor Energy and Canadian Oil Sands mail and file documents for amended offer for COS shares
CALGARY, ALBERTA--(Marketwired - Jan. 22, 2016) - Suncor Energy Inc. (TSX:SU) (NYSE:SU) and Canadian Oil Sands Limited (TSX:COS) today announced the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS directors' circular. These changes relate to the previously announced increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share (the "Amended Offer"). The Amended Offer also provides for, among other [Read more]
Suncor Energy and Canadian Oil Sands mail and file documents for amended offer for COS shares
CALGARY, Jan. 22, 2016 /PRNewswire/ - Suncor Energy Inc. (TSX: SU; NYSE: SU) and Canadian Oil Sands Limited (TSX: COS) today announced the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS directors' circular. These changes relate to the previously announced increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share (the "Amended Offer"). The Amended Offer also provides for, among other [Read more]
Suncor Energy and Canadian Oil Sands mail and file documents for amended offer for COS shares
CALGARY, Jan. 22, 2016 /CNW/ - Suncor Energy Inc. (TSX: SU; NYSE: SU) and Canadian Oil Sands Limited (TSX: COS) today announced the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS directors' circular. These changes relate to the previously announced increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share (the "Amended Offer"). The Amended Offer also provides for, among other things, an [Read more]
Suncor Énergie et Canadian Oil Sands envoient par la poste et déposent des documents relatifs à l’offre modifiée visant les actions de COS
CALGARY, le 22 janv. 2016 /CNW/ - Suncor Énergie Inc. (TSX : SU; NYSE : SU) et Canadian Oil Sands Limited (TSX : COS) ont annoncé aujourd'hui le dépôt et la mise à la poste d'un avis de modification et de changement de l'offre de Suncor et d'un avis de modification de la circulaire du conseil d'administration de COS. Ces changements concernent la bonification annoncée précédemment de l'offre initiale présentée aux actionnaires de COS, la portant à 0,28 de une action de Suncor pour chaque action [Read more]
Moody’s reviews debt ratings for some companies due to low oil and gas prices
CALGARY - The debt ratings for more than a dozen Canadian companies have been placed under review and may be downgraded by Moody's Investor Services as a result of lower oil and gas prices.Among the biggest names on the list is Calgary-based Precision Drilling (TSX:PD), which owns and operates fleets of rigs used by oil and gas companies in Canada, the United States and other countries.Other companies on the Moody's review list include Paramount Resources Ltd. (TSX:POU) and other oil and gas [Read more]
Wynne meets Alberta Premier Notley to Discuss Energy East, Climate Change
Wynne and Notley are expected to discuss issues of common interest, such as action on climate change, the Canadian Energy Strategy and the proposed Energy East pipeline. Manitoba has signed an agreement with Ontario and Quebec to link their cap-and-trade systems to battle climate change, while Alberta and British Columbia have introduced a carbon tax. There are few details known about Ontario’s cap-and-trade plan, but it is expected to push up prices for many consumer goods, including [Read more]
Rice Midstream Partners LP Increases Quarterly Distribution
CANONSBURG, Pa., Jan. 22, 2016 /PRNewswire/ -- Rice Midstream Partners LP (NYSE: RMP) today announced the Board of Directors of its general partner has approved a cash distribution of $0.1965 per unit for the fourth quarter 2015, an increase of $0.003 per unit, or 2% above the third quarter 2015 distribution. The distribution is payable on February 11, 2016, to unitholders of record on February 2, 2016. About Rice Midstream Partners Rice Midstream Partners LP is a fee-based, growth-oriented [Read more]
Basic Energy Services Announces Fourth Quarter And Year End 2015 Earnings Release And Conference Call Schedule
FORT WORTH, Texas, Jan. 22, 2016 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today it will release its fourth quarter and year end 2015 financial results after the market closes on Thursday, February 18, 2016. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Friday, February 19, 2016, starting at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). What: Basic Energy Services Fourth Quarter [Read more]
Lundin Petroleum to sell FPSO Bertam
Stockholm, 2016-01-22 08:16 CET (GLOBE NEWSWIRE) -- Lundin Petroleum AB ("Lundin Petroleum") is pleased to announce that it has entered into an agreement to sell the FPSO Bertam to M3nergy Investment Ltd ("M3nergy"), a wholly owned subsidiary of M3nergy Berhad of Malaysia. Lundin Petroleum will receive a cash consideration ?of USD 265 million, based on a transaction effective date of 1 January 2016. Lundin Petroleum and M3nergy have entered an agreement under which Lundin Petroleum will [Read more]
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