Ezion in cash saving mode. Puts off rig deliveries ‘indefinitely’

first_imgSingapore’s Ezion is slashing 2017 capex and delaying delivery of four service rigs to stop the cash outflow amid the tough offshore oil and gas environment.The company said on Thursday it would reduce its originally planned capital expenditure by approximately $270 million with the indefinite postponement of deliveries of four Service ordered back in 2014.Ezion said the the decision to „indefinitely postpone“ the service rigs came after a „careful deliberation“ by the group amidst the continued challenges faced by the marine and offshore oil and gas industry to conserve the cash position of the Group, Ezion said.“The indefinite postponement of the Service Rigs would reduce the significant cash outflows required to take delivery of the service rigs and also the burden of the additional financial liabilities on the balance sheet with the drawing of additional bank loans required for taking delivery of the service rigs,“ Ezion added.The group’s revenue for the fourth quarter of 2016 decreased by $12.1 million to $72.6 million as compared to the corresponding fourth quarter of 2015.The company said the revenue fell due to a reduction in charter rates and delays in the completion of the modifications and upgrade of its service rigs due to unexpected technical issues and longer lead time for delivery of certain critical equipment.The company’s net loss for the quarter deepened. The loss was  $66,6 million in 4Q 2016, compared to a loss of $63,5 million in 2015.Offshore Energy Today Stafflast_img read more

Tropical Storm Isaac leaves ten dead in Hispaniola

first_img Tweet NewsRegional Tropical Storm Isaac leaves ten dead in Hispaniola by: – August 27, 2012 Sharing is caring! Share Sharecenter_img 10 Views   no discussions Share Tropical Storm Isaac is seen in this August 26, 2012 NASA handout satellite image as it approaches the Florida Keys. (NASA/HANDOUT)MIAMI, USA — At least two people were killed in the Dominican Republic and eight in Haiti as heavy rains and winds from Tropical Storm Isaac battered the island of Hispaniola, officials said on Sunday.The bodies of two men reported missing on Saturday in the Dominican Republic were found, media reports said, adding that the victims were swept away by swollen rivers. Nearly 13,000 others were forced to evacuate their homes.The storm damaged 864 dwellings in the Dominican Republic and left 90 towns cut off, emergency management officials said.Isaac also battered neighbouring Haiti, where at least six people were killed. As many as 5,000 people were evacuated because of flooding.Chocolate-brown water spilled through the sprawling shantytown of Cite Soleil in Port-au-Prince, collapsing scores of tents and flooding homes with three feet of water.Doctors Without Borders said it anticipated a spike in cholera cases due to flooding, and it was preparing to receive more patients.No deaths or injuries were reported in Cuba, where moderate coastal floods were reported in Baracoa, Guantanamo, and the lower coastal areas of the municipalities of Gibara and Banes, Holguin. Electric service was interrupted in Baracoa, from where 1,093 persons were evacuated due to Isaac’s heavy rains and wind of up to 53 per hour, which caused the total or partial collapse of 17 houses, according to preliminary figures.Rain continued on Saturday night in the eastern provinces, which were heavy and intense in some areas, mainly in the mountainous regions. Rain was expected to expand to the island’s central region on Sunday. Meanwhile, showers and thunderstorms remain disorganized in association with a broad area of low pressure located about 750 miles west of the Cape Verde islands. This system has the potential to become a tropical depression over the next day or two as it moves west-northwestward to northwestward at 10 to 15 mph. This system has a medium chance — 50 percent — of becoming a tropical cyclone during the next 48 hours.Caribbean News Nowlast_img read more

Medina Shocks St. Joseph Academy, 42-34, in District Semifinal

first_img NEO HS Staff Related Topics Written by Alex TomaThe fifth-seeded Medina Bees shocked the first-seeded St. Joseph Academy Jaguars in a Division I district semifinal, by the final score of 42-34, in a thrilling game on February 27.St. Joseph Academy looked strong in the first half, as the Jaguars led by eight after two quarters.Medina started to creep back in, cutting the lead down to just four at the end of the third quarter.In the fourth quarter, Medina outscored SJA, 21-9. Senior Anna Smith led the Bees, scoring 10 points, as Medina came away with the victory by the score of 42-34.St. Joseph’s season comes to an end, as the Jaguars finish with an impressive 19-5 record. The Medina Bees continue their post-season run and will play in the district final against the third-seeded Lakewood Rangers on Thursday, March 2 at Valley Forge High School. Tip is set for 7 pm.last_img read more

Girls Hockey Results 11-20-18

first_imgFergus Falls 5, Sartell-Sauk Rapids 3(Sartell-Sauk Rapids is 0-1-1 and start play Friday in a Thanksgiving tournament at the MAC in St. Cloud)River Lakes 3, Hutchinson 2(River Lakes is 2-2 and will play at Roseau Friday).last_img

Palace v Fulham player ratings

first_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 Pajtim Kasami’s breathtaking goal was the highlight of a great win for Fulham, who scored four goals away from home in the league for the first time in nine years. Here’s how we rated the players in their victory at Selhurst Park.Maarten Stekelenburg: 7Solid on his return to the side following a shoulder injury. Was left woefully exposed for Palace’s goal.Sascha Riether: 8Faultless at the back and as ever was more than willing to get forward. Found Kasami for Fulham’s all-important equaliser.AdChoices广告Philippe Senderos: 7Was decent enough defensively and sealed the victory by netting his side’s fourth goal.Hangeland has struggled this season.Brede Hangeland: 5Was substituted at half-time because of an injury, according to Martin Jol. But the Fulham boss was also unhappy – to put it mildly – with the big defender being beaten in the air for Palace’s goal. Hangeland was sloppy on the ball at times too.Kieran Richardson: 7Had a good game at left-back – a position he has really established himself in. Offered an attacking threat too, linking up well with Kasami on the flank.Bryan Ruiz: 7A danger from set-pieces, delivering corners for two of the goals. Was effective in his right-sided role and also drifted in to give his team a valuable extra man in the middle.Scott Parker: 7Made a welcome return in midfield and played well, breaking up play and helping Fulham get a foothold in the match.Steve Sidwell: 7Also had a good game in midfield and despite being somewhat upstaged by Kasami, Sidwell’s cracking volley was a fine goal in its own right.Patjim Kasami: 9As well as his goal of the season contender, Kasami underlined why Jol rates him so highly with a superb all-round display. His skill and movement caused Palace all sorts of problems and he was unlucky not to score with a classy late effort with the outside of the boot.Dimitar Berbatov: 7Linked play with typical guile and showed the other side of his game by holding off a challenge to head in his first league goal of the season.Darren Bent: 6Didn’t have things his own way up front and missed a good chance to score early in the second half. Worked hard off the ball though before being replaced by Damien Duff.Fernando Amorebieta: 7Impressive after replacing Hangeland at the break. Strong and composed as Fulham dealt with a brief spell of second-half pressure. See also:Kasami’s stunner lights up Fulham victoryBoss Jol savours ‘one of the best goals’ center_img Follow West London Sport on TwitterFind us on Facebooklast_img read more

Club director quizzed about significant Leicester City bid, may have decision…

first_imgTrabzonspor vice president Hayrettin Hacisalihoglu has spoken to Trabzon based newspaper Taka about Abdulkadir Omur. Earlier this week we covered reports from the Turkish press that Leicester City have tabled a £20m offer to sign the Turkish winger, but Hacisalihoglu said the club is calm about the situation.Speaking to Taka Hacisalihoglu was asked about the reported bid from Leicester City: “Abdulkadir is one of our own. He’s very valuable to us because he’s born and bred at Trabzon.“Yes, we are hearing some offers but they are not official right now. I can confirm that these are the prices that Turkey has never seen. If this kind of offer arrives it’s not only our responsibility as a club’s board. We’ll ask the club’s council board and make a decision.”It’s reported in Turkey Trabzonspor don’t want to sell Omur despite the offer form Leicester City, but it could prove tempting as the Turkish club are struggling financially.Embed from Getty ImagesThe youngster has already been dubbed the ‘Turkish Messi’, even though he’s played just one season in the top flight, and he’s also been linked with Tottenham Hotspur.It seems Trabzonspor will have a decision to make about the 18 year old this summer given offers are expected to come in.by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksTrending TodayForge of Empires – Free Online GameChallenge Your Brain With This Must-Play Strategy Game. No Install.Forge of Empires – Free Online GameUndo聽多多 Hearmore.asia1969年前出生的香港居民現可免費試戴頂尖的歐洲助聽器聽多多 Hearmore.asiaUndo美術寶1對1香港媽媽們注意了,速來領取適合4-12歲孩子的繪畫課,手慢無美術寶1對1UndoTheTopFiveVPNEnjoy Netflix Now Without Any RestrictionsTheTopFiveVPNUndoSingles50Hong Kong: A 40+ Dating Site That Actually Works!Singles50UndoCoworking Space | Search AdsThe cost of shared office in Hong Kong might surprise youCoworking Space | Search AdsUndoSmart Tech TrendEveryone with Bad Vision Needs Those Revolutionary Adjustable Glasses!Smart Tech TrendUndo熱門話題生髮率無敵高!96%的禿頭都獲得改善!←這會不會長太多?熱門話題UndoLoans | Search AdsNeed a loan? Search hereLoans | Search AdsUndolast_img read more