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  • September 17, 2014
  • Last updated: 4:30pm
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Results 1 - 10 of 19 for offshore leaks

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  1. Business - Companies - EARNINGS

    Honghua Group unfazed by losses in drilling services

    Posted Aug 25th 2014, 03:34am by Eric Ng

    ... it mostly conducted explorations independently, or cooperated with international oil firms such as Eni, Hess and ConocoPhillips. Honghua, which has an offshore engineering base in Jidong, Jiangsu province, said it had received a letter of intent from oil rig investor Orion Engineering and Management to build an offshore oil rig for US$320 million. A contract is expected to be signed in two ...

  2. Business - China Business - EARNINGS

    Drilling division’s 32.6pc jump in profit boosts China Oilfield Services

    Posted Aug 27th 2014, 10:15am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of China Oilfield Services (COSL), the nation’s dominant offshore oil and gas drilling services provider, rose 8.5 per cent on Wednesday after it posted ... earnings per share grew a lower 31.6 per cent year on year to 93.13 fen, since COSL sold new shares that had an earnings dilution effect. It’s clear that the global offshore capital expenditure ...

  3. Business - Commodities - EARNINGS

    Oil and gas producer PetroChina posts 4pc first-half profit rise

    Posted Aug 29th 2014, 01:14am by Eric Ng

    ... Separately, dominant offshore oil and gas producer CNOOC posted a 2.3 per cent year-on-year fall in first-half net profit to 33.6 million yuan, beating analysts' average estimate of 29.6 billion ...

  4. Business - Companies - EARNINGS

    Haier Electronics on lookout for more logistics acquisitions

    Posted Aug 27th 2014, 11:40am by BIEN PEREZ

    ... for an undisclosed sum to build up its logistics operations. It bought a 60 per cent stake in Shanghai Boyol New Brothers Supply Chain Management and wholly acquired Boyol Logistics Offshore. The company ...

  5. Business - Companies - EARNINGS

    Gome pushing online sales as interim profit soars

    Posted Aug 25th 2014, 12:39pm by TIFFANY AP

    ... reported leaked emails from the company's executives showed the firm was intent on overtaking rivals Suning and JD.com Wang wrote to employees that he wanted Gome to beat Suning "in ...

  6. Business - Companies - EARNINGS

    Singamas braces for big rush in container orders

    Posted Aug 21st 2014, 04:04pm by JING YANG

    ... "Shippers are concerned about being offered a leaking container when sending out the cargo, as shipping lines have been trying to extend the life of a container as much as they can," said Teo. ...

  7. Business - Banking & Finance - EARNINGS

    Bank of East Asia profits rise 6pc, thanks to increase in mainland lending

    Posted Aug 02nd 2014, 12:50am by DON WEINLAND

    ... profit rose 6 per cent to HK$3.58 billion in the first six months of the year as it expanded offshore lending to mainland clients. The bank said yesterday asset quality on the mainland would stay ... was likely to increase exposure in the second half, according to newly appointed executive director Adrian Li. "We have changed our focus to do more offshore financing for the mainland ...

  8. Business - Commodities - EARNINGS

    Offshore operations boost earnings for Power Assets

    Posted Mar 07th 2013, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Offshore units boost Power Assets Net profit at Power Assets, the power firm controlled by Li Ka-shing, rose 7 per cent last year to HK$9.73 billion. Turnover grew 2 per cent to HK$10.42 billion, thanks to a 1 per cent increase in the average basic tariff and a 1 per cent gain in unit sales of electricity in Hong Kong, the company said. Net ...

  9. Business - Commodities - EARNINGS

    Nexen costs eat into CNOOC profit

    Posted Mar 29th 2014, 01:13am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Offshore oil and gas producer posts surprise 11.4pc decline in net income after Canadian deal Nexen costs eat into CNOOC profit CNOOC posted a disappointing ... last year. The state-backed firm, China's dominant offshore oil and gas producer, reported a net profit of 56.46 billion yuan (HK$71 billion), down 11.4 per cent from 2012, and 10.9 per ...

  10. Property - Hong Kong & China - EARNINGS

    Longfor warns of profit squeeze after asset sales

    Posted Mar 22nd 2014, 01:30am by Langi Chiang

    ... for us are destocking, cost control and co-operation with partners". He said Longfor would raise funds mainly through offshore syndicated loans and onshore bank loans, rather than issuing ...




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