Offshore Latest Information


Diamond Offshore revenue rises on ultra-deepwater demand
Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand and improved rates for its ultra-deepwater rigs. The company also said on Thursday it contracted two new-build rigs to oil producer Hess Corp at a rate much lower than previous client Murphy Oil Corp would have paid if they continued ...

Diamond Offshore's Higher Dayrates Drive Q3 Earnings Beat
Diamond Offshore Drilling Inc. (DO) posted third-quarter 2014 earnings -- adjusting for one-time items -- of $1.42, surpassing the Zacks Consensus Estimate of 77 cents.

Will Diamond Offshore (DO) Beat Q3 Earnings Estimates?
Diamond Offshore Drilling Inc. (DO), is expected to report its third-quarter 2014 earnings on Thursday, Oct 23, before the opening bell.

EMAS Offshore Reports FY14 Net Profit of US$55M; Enters FY15 with Stronger Earnings Visibility
Regulatory News:

China Cuts Forecast for Offshore Wind Power by 60%
China slashed its forecasts for offshore wind power by 60 percent, an acknowledgment that installations are being held up by the cost and complexity of the technology.

Diamond Offshore Drilling beats 3Q profit expectations
The Houston-based company said it had profit of 38 cents per share. Earnings, adjusted for one-time gains and costs, were 96 cents per share. The results topped Wall Street expectations. The average estimate ...

Diamond Offshore Drilling EPS Expectations Down Over Past Month
Leading up to Diamond Offshore Drilling's announcement of its third-quarter earnings on Thursday, October 23, 2014 analysts have become more wary as expectations have fallen over the past month to earnings of 78 cents per share from earnings of 81 cents per share.Over the past three months, the consensus estimate

Songa Offshore SE : Reduced liabilities in relation to Songa Venus bareboat charter agreement
Reference is made to the announcements made by Songa Offshore SE ("Songa Offshore" or the "Company") on 25 April 2014 and 23 July 2014 regarding the sale of Songa Mercur and Songa Venus. ...

Hercules Offshore Announces Third Quarter 2014 Results
HOUSTON, Oct. 23, 2014 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) today reported a loss from continuing operations of $88.6 million, or $0.55 per diluted share, on revenue of $221.9 million ...

Hercules Offshore (HERO): Will it See Wider Loss in Q3?
Hercules Offshore Inc. (HERO) is set to release third-quarter 2014 financial results before the opening bell on Oct 23.

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