Moody’s Downgrades Boart Longyear Ltd's Longyear Corporate Debt Ratings

Boart Longyear Ltd announces that Moody’s Investors Services has downgraded the Company’s debt ratings as follows: Corporate Family Rating and Probability of Default rating – Downgraded to Ba3 and Ba3-PD from Ba2 and Ba2-PD, respectively; Senior unsecured note rating – Downgraded to B1 from Ba2; and...

Monday, 1 Jul 2013 08:20pm EDT

Noble Corp Approves Proposed Change In Place Of Incorporation

Noble Corp announced that its Board of Directors has approved changing the place of incorporation of the publicly traded parent of the Noble group of companies from Switzerland to the United Kingdom. The Company's shareholders will be asked to vote to approve the proposed change. If approved by...

Monday, 1 Jul 2013 08:00am EDT

Boart Longyear Ltd Lowers FY 2013 Profit Guidance-DJ

Dow Jones reported that Boart Longyear Ltd downgraded its profit guidance for the second time in as many months, blaming a sharp decline in demand for drilling services from miners. The Company said analysts' forecasts for its operating earnings for fiscal 2013, currently range between USD176...

Sunday, 30 Jun 2013 09:51pm EDT

SeaDrill Ltd And Sapurakencana Petroleum Berhad Announce $2.7 Billion Petrobras Contract

SeaDrill Ltd and SapuraKencana Petroleum Berhad (SapuraKencana) announced that their jointly owned entity, Sapura Navegação Marítima S.A., Brazil (SNM) has been awarded a contract from Petróleo Brasileiro S.A. (Petrobras) to charter and operate three Pipe Laying Support Vessels (PLSV's). The...

Friday, 28 Jun 2013 08:45am EDT

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