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17 Oct 2014

Shell Helps Track Product Availability Using Mobile

Shell has launched its Shell Marine Products app, providing its customers with one-touch ability on mobile devices, to track their marine lubricant orders anytime, anywhere. This complements Shell Marine Products’ (SMP) International Customer Service Centre (iCSC), that customers can contact 24 hours a day to order and check on the status of their orders. An additional feature of the app is SMP’s Port Services Guide, where current and prospective customers can search for where Shell’s wide range of marine lubricants are available, as well as check the information on SMP’s products and services and the latest News and Highlights. To date…

14 Jul 2014

Petroleum Geo-Services Q2 Performance Likely to be Weaker

Oslo, Norway, Petroleum Geo-Services ASA (PGS) will present second quarter results on July 24, 2014. The Company expects to report weaker Q2 results than current market expectations. Customers' intentions with regard to seismic purchases, particularly MultiClient, have become less predictable recently. Accordingly, and considering the Q2 results, PGS lowers its full year EBITDA guidance to circa $850 million. It should be noted that because of this reduced predictability, the uncertainty range around the EBITDA guidance is wider than normal. The weak Q2 results are mainly driven by lack of pre-funding for the Triton MultiClient survey in the Gulf of Mexico and to some extent by mobilization delays on some Marine Contract surveys, relating to permitting, weather and technical problems.