Offshore Latest Information


BW Offshore to take full ownership of FPSO Petroleo Nautipa
Reference is made to BW Offshore`s announcement dated 9 July 2014. BW Offshore has signed a sale and purchase agreement with Yinson to take 100% ownership of the FPSO Petroleo Nautipa, owned through Tinworth ...

How barnacles put the 'farm' in offshore wind farm
Offshore wind farms can have some benefits for marine life, according to researchers. The wind turbines can serve as artificial reefs for barnacles, which attracts hungry fish and hungry seals.

Obama Calls Offshore Deals 'Unpatriotic' Yet Funds, Investors, Boards Jump Aboard
Despite President Obama's Claim That Going Offshore Is Unpatriotic, Inverison Deals Are the Talk of Boards, Investors and Funds.

Diamond Offshore Beats Q2 Earnings Estimates, Revenues Miss
Diamond Offshore Drilling Inc. (DO) posted second-quarter 2014 earnings of 66 cents per share, surpassing the Zacks Consensus Estimate of 59 cents.

Offshore wind farms becoming seal hunting grounds, say scientists (+video)
Banks of wind turbines in the ocean can be attractive hunting grounds for seals, suggests new research.

Decline Expected for Diamond Offshore Drilling Earnings
Diamond Offshore Drilling is expected to report lower first-quarter earnings on Thursday, July 24, 2014. Analysts are expecting a 56% drop in earnings from a year ago. The consensus estimate is 59 cents per share, down from earnings of $1.33 per share a year ago.The consensus estimate has gone up,

Why Diamond Offshore Drilling (DO) Stock Is Down Today
NEW YORK (TheStreet) -- Diamond Offshore Drilling shares are falling -5.7% to $47.13 on Thursday due to the company's weak offshore drilling prospects despite beating analysts second quarter earnings and revenue expectations The company reported profits of 65 cents per share, 9 cents better than analysts had anticipated, on revenue of $692 million, $8 million better than analyst estimates. Must ...

Will Diamond Offshore (DO) Miss Earnings Estimates?
Diamond Offshore Drilling Inc. (DO), is expected to report its second-quarter 2014 earnings on Jul 24, before the opening bell.

Diamond Offshore Declares Special Cash Dividend of $0.75 per Share
HOUSTON, July 24, 2014 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (DO) announced today that the Company has declared a special quarterly cash dividend of $0.75 per share of common stock and a regular quarterly cash dividend of $0.125 per share of common stock.  Both dividends are payable on September 2, 2014 to shareholders of record on August 6, 2014.  The Board reiterated its stated ...

Paragon Offshore Set to Join S&P SmallCap 600
NEW YORK, July 25, 2014 /PRNewswire/ -- Paragon Offshore Ltd. (NYSE: PGN) will replace Intevac Inc. (NASD: IVAC) in the S&P SmallCap 600 effective after the close of trading on Friday, August 1. S&P 500 ...

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