SYDNEY--(BUSINESS WIRE)--#DiamondOffshore--Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced it has secured a long-term contract with Diamond Offshore. Diamond Offshore, a leader in offshore drilling, is leveraging Speedcast’s managed communications services across 10 rigs and one shore-based facility. “Diamond Offshore [Read more]

HOUSTON--(BUSINESS WIRE)--The U.K. Health and Safety Executive - Hazardous Installations Directorate (HID), recognized as having some of the world’s most stringent competency assurance requirements, recently conducted a rigorous inspection of one of the largest North Sea operators. The HID deemed the operator’s drilling and completions competency management program to be fully compliant with UK regulatory requirements and assigned a compliance score that [Read more]

CLEVELAND--(BUSINESS WIRE)--Detrex Corporation (OTCQX:DTRX), today announced 2017 first quarter net income of $700,026, or $0.41 per fully diluted share, compared to 2016 first quarter net income of $234,317, or $0.14 per fully diluted share. The Company also announced that it will pay a second quarter dividend of $0.25 per share on June 21, 2017, to shareholders of record on June 7, 2017. First quarter 2017 revenues of $10.3 million were a [Read more]

JUPITER, Fla.--(BUSINESS WIRE)--#gasturbines--Dr. Mark Little, General Electric’s former chief technology officer and leader of GE Global Research, has joined the board of directors of Powerphase, maker of patented upgrades that improve the fuel efficiency and output of combustion turbines. Dr. Little accompanies Bob McGrath, former EVP Nextera Energy, as the second independent director appointed to the Powerphase board of Directors. During his tenure at GE, [Read more]

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Holding Corp. (“ProPetro”) (NYSE: PUMP) today announced that it will issue its first quarter 2017 earnings release on Wednesday, May 10, 2017 after the close of trading. ProPetro will host a conference call at 9:00 AM Eastern Time on Thursday, May 11, 2017 to discuss first quarter financial and operating results and recent developments. To access the conference call, U.S. callers may dial toll free [Read more]

SACRAMENTO, Calif.--(BUSINESS WIRE)--California State Parks Division of Boating and Waterways (DBW) and Pacific Gas and Electric Company (PG&E) warn water enthusiasts of colder and higher river stream flows this spring and summer. Higher flows from record rainfall in many parts of the state and continuing snowmelt this spring, are expected to last longer and be higher than in several years. Swift water can create treacherous conditions for all [Read more]

AMBRIDGE, Pa.--(BUSINESS WIRE)--Beemac Trucking, an industry leader in flatbed transportation, today announced that it has opened 2 new terminals in Houston, TX. The opening of these new terminals in Houston will expand Beemac’s operational footprint in Texas allowing them to better serve the growing demand of its oil and gas client base while also adding several highly qualified oilfield drivers to it’s growing fleet. “Beemac Trucking is very [Read more]

World’s First Reliable Reports of Oil Stocks of China ITHACA, N.Y.--(BUSINESS WIRE)--#China--Ursa Space Systems Inc. (Ursa) today announced the worldwide release of their expanded China Oil Storage product, the first reliable report of China’s crude oil stocks. The report covers 75% of China’s crude oil tanks, including 100% of Strategic Petroleum Reserves (SPR) and over 70% of Commercial storage. “The expanded coverage provided by Ursa’s China [Read more]

IRVING, Texas--(BUSINESS WIRE)--Last sentence of the first paragraph of release dated April 3, 2017, should read: Financial results will be released after the market close that day. (instead of Financial results will be released prior to the market open that day.) The corrected release reads: FLUOR CORPORATION TO HOLD FIRST QUARTER EARNINGS CONFERENCE CALL Fluor Corporation (NYSE: FLR) will hold a conference call to review [Read more]

HOUSTON--(BUSINESS WIRE)--Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT:ERN) (JSE:ERN) has scheduled release of its 2017 first quarter results to occur after close of market on Wednesday, May 10, 2017. The Company will host a conference call on Thursday, May 11, 2017 at 10:00 a.m. CT (11:00 a.m. ET) to discuss the results and update its current operations. The dial-in number to access the conference call is 1-844-883-3907 in the [Read more]