Member Info for johndean

price firmed up because of this announcement

Oilfield Services Firm Petrofac Looks To Exit Upstream Oil Business By Tsvetana Paraskova - May 11, 2018, 7:00 PM CDT Petrofac Oilfield services provider Petrofac has hired banks to help it sell its oil assets in Mexico and is looking to scale back its upstream oil and gas business, Reuters reported on Friday, quoting several banking sources. London-listed Petrofac has hired investment banks HSBC and Barclays to help it with the sale of the oil fields it has in Mexico, as the oilfield services provider is now looking to refocus on its core business�onshore engineering and construction. Petrofac became the first foreign firm to operate state oil fields in Mexico in more than 70 years, when in 2012 Mexican state-run company Petr�leos Mexicanos (Pemex) awarded it two integrated services contracts. Apart from the Mexican fields, Petrofac may also consider divesting its assets in the Greater Stella Area in the UK�s North Sea, according to Reuters� sources. Ithaca Energy, owned by Israel�s Delek Group, could make an offer for Petrofac�s Greater Stella assets, one of the sources told Reuters. Ithaca Energy holds a 54.66-percent working interest in Greater Stella, while Petrofac is one of the other two shareholders with a 20-percent stake. Petrofac�which designs, builds, operates, and maintains oil and gas facilities�ventured into oil and gas production projects in the early 2000s before the oil price crash of 2014. Related: How Much Iranian Oil Can Trump Disrupt? But the lower oil prices have hit Petrofac�s Integrated Energy Services (IES) division, for which the company reported in its 2017 results lower cost recovery in Mexico, reflecting lower capital investment. Petrofac is under investigation by the UK Serious Fraud Office (SFO) in connection with an investigation into the activities of Unaoil. The investigation is wide ranging in time and scope, and relates to the activities of Petrofac, its subsidiaries, and their officers, employees, and agents for suspected bribery, corruption, and/or money laundering, Petrofac said in February an update on the investigation that the SFO announced in May 2017. By Tsvetana Paraskova for Oilprice.com More Top Reads From Oilprice.com: Could Oil Hit $100? The Oil Major Accelerating Venezuela�s Decline The Demise Of Petrocaribe Join the discussion | Back to homepage

meant 85 to buy or sell

just did dummy buy/sell got 0.85 for both

Brent Rises To 4-Year High As Houthis Target Saudi Oil Facility By Tsvetana Paraskova - May 07, 2018, 11:00 AM CDT

if you are reading this, this is very unprofessional the sp will collapse soon

Accelerate IoT Deployment by First Tackling Operational Technology Integration Challenges 26/04/2018 5:29pm PR Newswire (US) Telit (LSE:TCM) Intraday Stock Chart Today : Thursday 26 April 2018 Click Here for more Telit Charts. SANTA CLARA, Calif., April 26, 2018 /PRNewswire/ -- As IoT (Internet of Things) solutions are fueled by data from a variety of operational assets to drive intelligence and data analytics within enterprise management systems, the integration of operational technology (OT) and information technology (IT) is a well-known challenge. Frost & Sullivan defines OT as the hardware and software used for sensing and collecting data, including all the hardware at the edge of the network. Further, most IoT solutions involve a combination of OT and IT. Frost & Sullivan's new white paper, Bridging the Gap between Operations and Information Technology, highlights the IoT challenges faced by the CIO's team and how Telit solves conflicts between IT and operations departments, by leveraging their OT system integrators expertise. To download the complimentary whitepaper, please visit: http://frost.ly/2bg IoT has put IT and OT on a collision course due to its role in blurring the lines between both worlds. The use of an organization's network, security, cloud capabilities, and integration with other existing enterprise applications, involves the IT staff during the solution development. However, the IT department is generally not focused on connectivity and asset management, and often needs further expertise in dealing with the operational complexity of these areas. Developing OT expertise in the IT area will create an environment that ensures success of IoT implementations. While this CIO office transformation is a long-term process, organizations that work with IoT providers which understand the importance of breaking silos between IT and OT will be best positioned to lead the market. Alleviating this problem will be essential to realize the vision of digital transformation and increasing the return on investment (ROI) from IoT. "This transformation takes many forms and a modular approach to combine new devices and top down integration testing with cloud-based platforms, can help organizations make incremental changes that create business benefits, rather than making large investments that take many years to generate ROI," explained Dilip Sarangan, IoT & Digital Transformation Research Director at Frost & Sullivan. "This approach ensures that organizations can make changes along the way that result in increased productivity, automation, and cost reduction, as well as additional safety and optimized operations for employees and customers." "Telit accelerates OT & IT integration for our customers, making the integration of any device to existing IT systems easily. Nearly two decades of experience, thousands of IoT use cases, and 100 million connected devices globally set

also venuzula oil is much cheaper ,but access must be near impossible. in any case maybe someone should mention it to the board, they might know about it. but worth a shout

keith jump ‏ @KeithJump 17h17 hours ago More Incredibly happy for our software team at @redstoneconnect and recognition they have achieved today by being awarded the �Excellence Award for Product Development Services � UK� in @TMT_News_ Global Excellence Awards. Well done all. #TeamEffort

cant they address the supply side buy buying western Canadian select trading at 50.72 just a thought

Payback Time: Oilfield Services Raise Prices By Irina Slav - Mar 30, 2018, 7:00 PM CDT oil jack Oilfield service providers are upping their prices, the latest Dallas Fed Energy Survey has found, confirming what producers began to complain about last year when oil prices started recovering. The survey found the index of input costs for oilfield services jumped from 46.8 from 30.9 this quarter from last. The index for oilfield service prices was also higher in Q1 2018, at 27.9 from 22.6. Further strengthening the view of an industry in recovery, the survey also found that the index for utilization of oilfield service equipment was higher this quarter, at 40.4. That�s up 11 points from the reading for the last quarter of 2018, the Dallas Fed noted. Higher oilfield services prices began pressuring producers� margins soon after the industry officially swung into recovery and growth mode. It was only to be expected because the services sector suffered a harder blow from the oil price collapse, with providers forced to offer huge discounts to drillers in order to stay in business. Once prices began rising again, producers were eager to start pumping more again and not long after there was a shortage of frack crews and equipment on the horizon. This shortage led to a price spike for oilfield services and longer waiting periods. It also led to new optimism about the services industry. Related: Oil Prices Near $70 On Geopolitical Uncertainty This is only fair. After all, it was oilfield service providers that accounted for the bulk of the almost half a million layoffs in the industry during the downturn. It was oilfield service providers that greatly contributed to those notorious efficiency improvements that producers like to brag about so much. In the providers� case, efficiencies meant cut-throat prices for their services. The recovery is not universal, though, as Forbes� Dan Eberhart noted in a recent story on the sector. Smaller services providers�and even some big ones�are still in the red and struggling to return to profit. Consolidation is on the rise as is to be expected and, Eberhart argues, the current relationship between producers and service providers will need to change because in its current form it is unsustainable. Producers, in other words, might be in for a blow to their profit margins as service providers recover.

Oil services giant Wood Group hands file on controversial Monaco firm Unaoil to investigators Unaoil has been under criminal investigation by the SFO since 2016 over bribery Read more: http://www.thisismoney.co.uk/money/markets/article-5540191/Oil-services-giant-Wood-Group-hands-Unaoil-file-investigators.html#ixzz5AkGHLYsq Follow us: @MailOnline on Twitter | DailyMail on Facebook

UK leading energy supplier hunts for Israeli tech in bid for competitive edge Officials of a unit of Centrica Plc are meeting with startups and mulling investments for a new �100 million innovation fund By SHOSHANNA SOLOMON Today, 11:48 am 0 5 shares British Gas is a unit of Centrica Plc, which is scouting for technologies in Israel (AP Photo/Kirsty Wigglesworth) British Gas is a unit of Centrica Plc, which is scouting for technologies in Israel (AP Photo/Kirsty Wigglesworth) Centrica Innovations, a unit of the largest energy provider in the UK, is on the scout for Israeli technologies that can help expand the scope of products and services it provides customers. The tech push comes as the owner of British Gas faces growing competition in the industry and is witnessing a transition of consumers to online services. Codes & Coupons Promotionnels | G�ant Des Beaux-arts Codes & Coupons Promotionnels | G�ant Des Beaux-arts Sponsored Company officials are currently in Israel, meeting with local startups and making Startup Nation one of its first stops for a �100 million ($140 million) fund it set up in September. Get The Start-Up Israel's Daily Start-Up by email and never miss our top storiesFREE SIGN UP �We see Israel as a real concentration of both entrepreneurial talent and technology talent,� said Jonathan Tudor, director of Technology & Innovation Strategy at Centrica Innovations, the innovation arm of Centrica Plc, a British multinational utility company with �28 billion in revenues in 2017. The company said in February it plans to cut an additional 4,000 jobs after profits at the group fell 17 percent. �As technology evolves it changes our lives, and part of my team�s work is to understand and predict what those problems are going to be. And then develop and build new services to meet those challenges,� Tudor said in an interview in Tel Aviv on Wednesday. Jonathan Tudor, the Director of Technology & Innovation Strategy at Centrica Innovations, in Tel Aviv, March 21, 2018 (Shoshanna Solomon/TimesofIsrael) Centrica, which has been operating since 1812, supplies energy to homes in the UK via its British Gas unit, as well as to homes in North America under the Direct Energy brand. The firm also has a connected home business, in which it provides households in the UK, Italy and North America with connected home devices, software and services, including home energy management tools and home automation appliances. Centrica Innovations was established in 2017 to invest in new technology and ideas, seeking to collaborate with innovative companies around the world and searching for new technologies that can be used at homes and businesses. Its key fields of interest are distribution of energy, electrification of transport and increasing connectivity through data, blockchain and the Internet of Things, explained Tudor, an Oxford universit

hl wont let me buy...strange as sp is falling

so you will compensate all that have not bought share ,as per your advice,when shares hit 6p and over

more buys than sells now

30k pounds of sales is very small for sp to fall this much

does anyone think they are selling slowly,thats why sp not rising over 3 after all they bought at 1.4

https://oilprice.com/Energy/Energy-General/Cold-Weather-Shocks-Natural-Gas-Prices.html

https://t.co/Dx6JBhATgz