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News Breaks November 12, 2012 17:36 EDT HLX, RIG Helix Energy updates well intervention fleet backlog Helix Energy Solutions Group (HLX) announced that it has been awarded its initial customer contractual commitments for the Helix 534. The Helix 534 was acquired in August from Transocean (RIG) and is undergoing modifications and upgrades necessary for conversion into a well intervention vessel at the Jurong Shipyard in Singapore. The Helix 534 is scheduled to sail from Singapore during 1Q13 and after transit to the Gulf of Mexico, is expected to be placed into service in late 2Q13. Backlog for the Helix 534 involves work in the Gulf of Mexico and extends into 2016. Meanwhile, the Q4000 has extended its strong contractual backlog through 2014, with customer interest into 2016. Helix also announced that the Skandi Constructor has also received its initial contractual awards. The Skandi Constructor is a chartered vessel and is expected to enter the Helix well intervention fleet in the spring of 2013. Its initial contract involves work in the North Sea and follows with a project off the eastern Canadian coast. Helix's two existing North Sea based well intervention vessels, the Seawell and the Well Enhancer, have been awarded customer contracts into 4Q13. News For HLX;RIG From The Last 14 Days Check below for free stories on HLX;RIG the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 21, 2013 16:25 EDT RIG Transocean announces first quarterly dividend installment of 56c per share Transocean announced the schedule for the first installment of its U.S. dollar-denominated dividend of $2.24 per share, or approximately $807M in the aggregate, from additional paid-in capital. The first installment of 56c per share, or approximately $202M, is based upon the number of currently outstanding shares and represents the first of four quarterly installments totaling $2.24 per share, which was approved by shareholders at the company's Annual General Meeting held on May 17. The dividend will be paid on June 19 to shareholders of record on May 31. The ex-dividend date is May 29. 07:36 EDT RIG UBS to host a conference Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link May 17, 2013 13:53 EDT RIG Transocean holders approve dividend, reject Icahn proposal Subscribe for More Information 13:50 EDT RIG Icahn nominee wins seat on Transocean board Subscribe for More Information 12:28 EDT RIG Transocean holders reject Icahn's $4 dividend plan, Bloomberg reports Transocean's (RIG) shareholders rejected the $4 per share dividend proposal in favor of management's $2.24 per share annual dividend, Bloomberg reports, citing a person familiar with the vote count.Reference Link 11:48 EDT RIG Transocean holders reject Icahn's $4 dividend plan, Bloomberg reports Subscribe for More Information May 16, 2013 12:47 EDT RIG Transocean EPS estimates lowered at Wells Fargo Subscribe for More Information May 15, 2013 16:48 EDT RIG Icahn gives quarterly update on stakes Subscribe for More Information May 13, 2013 05:20 EDT RIG Transocean Chairman J. Michael Talbert announces retirement plans Subscribe for More Information May 9, 2013 07:29 EDT RIG Transocean comments on reports from proxy advisors support for board nominees Subscribe for More Information May 8, 2013 16:35 EDT RIG Transocean sees annualized savings of $300M from cost reductions Transocean said that based on preliminary analysis, it currently anticipates achieving annualized savings associated with its initial phase of its cost reduction initiative of approximately $300M. The expected reduction in onshore costs includes, among other items, the consolidation of facilities, the streamlining of business functions and processes, as well as elimination of processes, programs and tasks that are not central to supporting our core business of operating our rigs safely and efficiently. 16:33 EDT RIG Transocean reports Q1 adjusted EPS 93c, consensus $1.00 Reports Q1 revenue $2.2B, consensus $2.36B. Total rig utilization was 80% in Q1 compared with 79% in Q4. Contract backlog was $28.5B as of the April 18 Fleet Status Report. Since April 18m additional contracts totaling $199M were secured. 15:29 EDT RIG Notable companies reporting after market close Notable companies reporting after the market close, with earnings consensus, include News Corp. (NWSA), consensus 36c; CenturyLink (CTL), consensus 69c; Transocean (RIG), consensus $1.00; Activision Blizzard (ATVI), consensus 11c; Energy Transfer Equity (ETE), consensus 48c; Continental Resources (CLR), consensus $1.13; Green Mountain Coffee Roasters (GMCR), consensus 73c; Sunoco Logistics Partners (SXL), consensus 82c; Tesla Motors (TSLA), consensus 4c. Sign up for a free trial to see the rest of the stories you've been missing.