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Investors lower Samsung Electronics second-quarter expectations amid S6 doubts

(REUTERS) Doubts over the sales prospects of Samsung Electronics Co Ltd's new flagship smartphones are damping expectations of a rapid turnaround for the South Korean giant, even though profit likely continues to recover from last year's troughs. After peaking in mid-March as favorable reviews for the new Galaxy S6 models boosted earnings hopes, the company's stock [...]

By | July 6th, 2015|News, Tech|0 Comments

DSME Delivers Songa Equinox Semisub, Newbuild to Work for Statoil in Q4 2015

(RIGZONE) Norway's Songa Offshore SE announced Tuesday that it has taken delivery of Songa Equinox (mid-water semisub) from Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea. Songa Equinox will shortly depart South Korea en route to Norway for commencement of an eight-year drilling contract with Statoil, with first assignment on the Troll Field on the [...]

By | July 3rd, 2015|News, Oil & Gas|0 Comments

Distribution of the values in Johan Sverdrup

(DETNORSKE) The negotiations concerning distribution of ownership interests in Johan Sverdrup have now entered a critical phase. Det norske oljeselskap is of the opinion that the values in the field should be distributed in an equitable manner. "Det norske is of the opinion that the ownership interests in Johan Sverdrup must be divided in a just [...]

By | July 3rd, 2015|News, Oil & Gas|0 Comments