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Oil Related Services and Equipment

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Gulfmark - co entered into first amendment to RSA to extend milestone dates

Friday, 22 Sep 2017 07:20am EDT

Sept 22 (Reuters) - Gulfmark Offshore Inc :Gulfmark - on Sept 21 co entered into the first amendment to RSA to extend milestone dates relating to confirmation, effective date of Chapter 11 plan.Gulfmark Offshore - milestone dates relating to confirmation, effective date of Chapter 11 plan are now Oct 10, 2017 & October 31, 2017 - SEC filing.

Ferrellgas Partners says board appointed Doran N. Schwartz as company's chief financial officer​

Friday, 22 Sep 2017 06:13am EDT

Sept 22 (Reuters) - Ferrellgas Partners Lp :Ferrellgas Partners Lp - ‍on September 20, board appointed Doran N. Schwartz as company's chief financial officer​.Ferrellgas Partners Lp - Schwartz will succeed Alan C. Heitmann - SEC filing.Ferrellgas Partners - ‍Heitmann to remain employed by co as special advisor from Oct 16, until his anticipated retirement date of January 31, 2018​.

Lamprell posts H1 revenue of $159.2 mln

Friday, 22 Sep 2017 02:00am EDT

Sept 22 (Reuters) - LAMPRELL PLC ::H1 NET PROFIT FROM CONTINUING OPERATIONS 1.1 MILLION USD VERSUS -4.4 MILLION USD LOSS YEAR AGO.H1 REVENUE OF $159.2 MILLION VERSUS $451.3 MILLION YEAR AGO.AS AT 30 JUNE 2017, BACKLOG OF USD 300 MILLION (31 DECEMBER 2016: USD 393 MILLION).H1 EBITDA OF $13.5 MILLION VERSUS $10.0 MILLION YEAR AGO.FY 2018 OUTLOOK REMAINS CHALLENGING WITH REVENUE CURRENTLY EXPECTED TO BE AROUND 10% LOWER THAN FY2017 LEVELS, CONTINGENT ON TIMING OF POTENTIAL CONTRACT AWARDS.REVENUE FOR FY2 017 EXPECTED TO BE IN RANGE OF USD 370-390 MILLION, MARGINALLY BELOW PREVIOUS GUIDANCE ON CONTINUING LOW LEVELS OF WALK-IN WORK REFLECTING MARKET CONDITIONS.CONTINUE TO EXPECT 2017 TO BE A DIFFICULT YEAR.H1 BID PIPELINE INCREASED TO USD 3.1 BILLION (31 DECEMBER 2016: USD 2.5 BILLION).TOP-LINE PERFORMANCE WILL REMAIN SUBDUED AS A RESULT OF SLOW PACE OF NEW MAJOR CONTRACT AWARDS THAT WE HAVE SEEN OVER PAST 24 MONTHS.DO NOT EXPECT TO SEE REVENUE GROWTH FROM POTENTIAL CONTRACT AWARDS UNTIL 2019.SLOW PACE OF CONTRACT AWARDS (FOR WALK-IN WORK IN PARTICULAR) HAS RESULTED IN OUR ADJUSTING REVENUE GUIDANCE FOR FULL YEAR TO USD 370-390 MILLION.

Key Energy Services announces sale of its well intervention business in Russia

Thursday, 21 Sep 2017 04:35pm EDT

Sept 21 (Reuters) - Key Energy Services Inc :Press release - Key Energy Services announces the sale of its well intervention business in Russia.Key Energy Services Inc - ‍Has closed on sale of its well intervention business in Russia to an undisclosed buyer for an undisclosed amount​.

Oasis Midstream Partners units open 1.5 pct below IPO price in debut

Thursday, 21 Sep 2017 09:41am EDT

Sept 21 (Reuters) - :Oasis Midstream Partners units open at $16.75 in debut on NYSE versus IPO price of $17.00.

Geospatial restructures debt with major shareholder

Wednesday, 20 Sep 2017 09:00am EDT

Sept 20 (Reuters) - Geospatial Corp ::Geospatial Corporation restructures debt with major shareholder.

Select Energy Services announces extension of merger end date

Tuesday, 19 Sep 2017 05:05pm EDT

Sept 19 (Reuters) - Select Energy Services Inc :Select Energy Services announces extension of merger end date.Select Energy Services - Agreed to extend end date in previously announced agreement and plan of merger from November 1, 2017 to December 31, 2017.Select Energy Services Inc - Select and Rockwater expect merger to close during Q4 of 2017.

TerraVest Capital Inc announces acquisition of Fischer Tanks

Tuesday, 19 Sep 2017 08:00am EDT

Sept 19 (Reuters) - TerraVest Capital Inc :TerraVest Capital Inc announces acquisition of Fischer Tanks.TerraVest Capital Inc says that a wholly-owned subsidiary of company has acquired all of assets of Fischer Tanks Llc and affiliated companies.

Dietswell H1 revenue down 51 pct at 3.5 million euros

Monday, 18 Sep 2017 12:21pm EDT

Sept 18 (Reuters) - DIETSWELL SA ::H1 REVENUE OF € 3.5 MILLION (-51% VERSUS H1 2016).H1 EBITDA LOSS OF € 0.5 MILLION.H1 NET LOSS OF € 0.8 MILLION.AS AT JUNE 30, 2017, NET FINANCIAL DEBT AMOUNTED TO € 0.6 MILLION, WITH A CASH BALANCE OF € 1 MILLION.WINNER OF ADEME FOR A FINANCING OF 2.4 MILLION EUROS DEDICATED TO PROJECT EOLFLOAT‍​.

Zhejiang Renzhi plans to set up fund with partners

Monday, 18 Sep 2017 07:09am EDT

Sept 18 (Reuters) - Zhejiang Renzhi Co Ltd <002629.SZ>:Says it scraps plan to invest in innovation investment centre in Wenzhou.Says it plans to set up fund worth up to 1.0 billion yuan ($152.28 million) with partners.

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