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Stock Market & Financial Investment News

News Breaks
July 8, 2014
05:35 EDTTKPPY, STO, XOMTechnip awarded renewal of framework agreement by Statoil, Exxon Mobil, Gassco
Technip (TKPPY) was awarded a new framework agreement by Statoil (STO), Exxon Mobil (XOM) and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years, Technip will provide these services for the next four years. This contract, effective from December 1, also includes an option for additional periods up to seven years.
News For TKPPY;STO;XOM From The Last 14 Days
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October 30, 2014
06:47 EDTTKPPYTechnip backs FY15 subsea revenue guidance of 'well above' EUR 5B
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06:46 EDTTKPPYTechnip backs FY14 subsea revenue guidance EUR 4.6B-EUR 4.9B
Backs FY14 Onshore/Offshore revenue guidance of EUR 5.55B-EUR 5.8B.
06:45 EDTTKPPYTechnip reports Q3 EPS EUR 1.10 vs. EUR 1.24 last year
Reports Q3 revenue EUR 2.82B vs. EUR 2.4B last year. Reports Q3 order intake of EUR 2.2B. Reports Q3 backlog EUR 19.3B.
October 29, 2014
05:27 EDTTKPPYTechnip wins subsea contract for Bangka development in Indonesia
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05:25 EDTSTOStatoil reports Q3 adjusted earnings NOK 30.9B vs. NOK 40.4B last year
Statoil's Q3 net operating income was NOK 17B, a decrease from NOK 39.3B in 3Q13. Net income was (NOK 4.8B) mainly due to impairments. Adjusted earnings were NOK 30.9B, a decrease from NOK 40.4B in 3Q13. Eldar Sśtre, Statoil's acting president and CEO, stated, "Statoil's quarterly earnings were negatively impacted by lower oil and gas prices and our decision to defer gas sales to enhance value. Our negative net income in accordance with IFRS relates to quarter-specific items. We delivered strong operational performance and cash generation in the quarter." The serious incident frequency was 0.8 in Q3, unchanged from the 3Q13.
05:03 EDTSTOChevron sanctions Stampede project in deepwater U.S. Gulf of Mexico
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October 28, 2014
08:11 EDTSTOGlori Energy extends technology partnership with Statoil
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05:29 EDTTKPPYTechnip awarded large subsea contract by EnQuest
Technip was awarded by EnQuest earlier this year a large engineering, procurement, installation and construction, or EPCI, contract for the Kraken development located in the North Sea, 400 kilometers North-East of Aberdeen and 130 kilometers East of Shetland, at a water depth of approximately 120 meters. Technipís operating center in Aberdeen, United-Kingdom, will execute the contract.
October 27, 2014
09:30 EDTTKPPYFluor, Technip JV awarded contract for Sasol complex
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October 26, 2014
17:07 EDTXOMVenezuela decides against Citgo sale, WSJ says
Venezuela has decided against selling its U.S. refining unit Citgo, says the Wall street Journal. Earlier this year Venezuelan officials indicated that they were looking to sell Citgo for as much as $10B, added the Wall Street Journal. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
October 24, 2014
06:22 EDTSTOStatoil secures new Australian exploration permit
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October 23, 2014
13:19 EDTTKPPYFluor, Technip awarded RAPID UIO project in Malaysia
Technip (TKPPY), in a joint venture with Fluor (FLR), was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities for the PETRONAS Refinery and Petrochemical Integrated Development project located in the state of Johor, Malaysia. Under this contract, the Fluor and Technip joint venture will be responsible for the utilities, interconnecting and offsites scope of work. RAPIDís refinery start-up is expected by early 2019. Technipís operating centre in Kuala Lumpur, Malaysia, will execute the contract.
09:15 EDTSTOKBR awarded Statoil global MSA
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October 22, 2014
07:34 EDTXOMFoster Wheeler unit awarded EPC contract for Exxon Mobil Antwerp refinery
Foster Wheeler (FWLT) announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement, and constructioncontract by ExxonMobil (XOM) Petroleum & Chemical BVBA for the Antwerp Northwest Europe Resid Upgrade Project, Revamp and Offsites facilities at the Esso Antwerp Refinery at Antwerp, Belgium. Foster Wheeler's contract value was not disclosed. A small initial release of work was included in the companyís Q1 bookings. The full release of work was included in the company's Q2 bookings. Foster Wheelerís scope of work is expected to be completed in December 2016.
October 16, 2014
13:54 EDTXOMGulf states to oppose OPEC oil production ceiling cut, WSJ says
Despite the recent turmoil in the oil market, Gulf nations including Saudi Arabia, Kuwait and the United Arab Emirates are seen as opposing OPEC oil-production ceiling cuts at next month's meeting, says the Wall Street Journal. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
07:23 EDTSTOHart Energy to hold a conference
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