$OII (Oceaneering International, Inc.)

$OII {{ '2016-07-13T15:10:55+0000' | timeago}} • Announcement

$OII said it has entered into a Master Service Agreement with Heerema Marine Contractors Nederland SE (HMC) through December 2020. During this time $OII will provide up to ten Remotely Operated Vehicle systems with associated subsea tooling, engineering and technicians to support HMC's global operations.

$SLB {{ '2018-01-19T15:58:24+0000' | timeago}} • Announcement

$SLB’s 4Q17 revenue growth was driven mainly by a 40% upturn in the Production Group. The Cameron Group registered a 5% growth to $1.41Bil, and Drilling Group revenues advanced 8% to $2.2Bil. Meanwhile, Reservoir and Characterization Group saw revenues falling 2% to $1.64Bil. Region-wise, North America continued to top the list with a 59% growth.

$SLB {{ '2018-01-19T15:47:31+0000' | timeago}} • Announcement

Oilfield technology firm $SLB incurred a huge charge in 4Q17 related to restructuring of its operations in crisis-stricken Venezuela, resulting in a sharply wider loss. Excluding the charge, Schlumberger posted a 78% growth in earnings to $0.48 per share, which exceeded expectations. The upturn was supported by a 15% rise in revenues to $8.2Bil.

$SLB {{ '2018-01-19T13:33:35+0000' | timeago}} • Infographic

$SLB Schlumberger Limited Earnings AlphaGraphic: Q4 2017 Highlights

$NOV {{ '2018-01-19T12:43:51+0000' | timeago}} • Announcement

Excluding the impact of other items, $NOV expects consolidated results for 4Q17 to be at or above prior expectations. The company anticipates Rig Technologies will exceed prior guidance, Wellbore Technologies will be in-line with expectations, and Completion and Production Solutions will fall short of guidance.

$NOV {{ '2018-01-19T12:42:20+0000' | timeago}} • Announcement

$NOV anticipates it will recognize between $120-140MM in pre-tax restructuring charges, including facility closures, severance and inventory write-downs, and other charges during the 4Q17.

$NOV {{ '2018-01-19T12:41:26+0000' | timeago}} • Announcement

$NOV announced it combined its Rig Systems and Rig Aftermarket reporting segments into a single segment called Rig Technologies during 4Q17.

$GE {{ '2018-01-17T20:56:28+0000' | timeago}} • Announcement

$GE Transportation signed two contracts, valued at over $900MM, with Kazakhstan's state-run railroad Kazakhstan Temir Zholy, as part of its long-term commitment to develop the country's railway infrastructure. The contracts include the delivery of 300 shunter locomotives and an 18-year service agreement.

$OA {{ '2018-01-08T15:13:05+0000' | timeago}} • Announcement

$OA has been awarded a contract by Intelsat to build the Galaxy 30 communications satellite. Galaxy 30 will be designed, built and tested at $OA’s satellite manufacturing facility in Dulles, Virginia, and will primarily serve video markets in North America. The satellite is scheduled to launch in early 2020.

$OA {{ '2018-01-04T22:03:38+0000' | timeago}} • Announcement

$OA has signed a Cooperative Research and Development Agreement (CRADA) with the US Air Force’s Space and Missile Systems Center. The CRADA provides the framework and plan for data exchanges needed to certify $OA’s Next Generation Launch (NGL) system to carry National Security Space missions.

$OA {{ '2018-01-04T14:30:10+0000' | timeago}} • Announcement

$OA has been awarded a contract for a second Mission Extension Vehicle (MEV-2). $OA is now producing MEV-1, a commercial in-space satellite servicing system, for Intelsat with launch scheduled for late 2018. Under this new agreement, $OA will manufacture, test and launch MEV-2 and begin mission extension services in mid-2020.

$OA {{ '2018-01-03T14:29:47+0000' | timeago}} • Announcement

$OA has signed its first full-rate production (FRP) contract for its all-electronic FMU-167/B Hard Target Void Sensing Fuze (HTVSF). Contracted through the US Air Force, the $23MM award is a follow-on FRP order to the low-rate initial production contract awarded in 2016.

$CNI {{ '2017-12-22T19:58:54+0000' | timeago}} • Announcement

Railroad company $CNI has decided to purchase 200 new locomotives from $GE over the next three years. Production of the locomotives will commence next year at the GE facility in Texas, and the units are expected to be delivered in 2018, 2019 and 2020. The order includes Tier-4 and Tier -3 Evolution Series locomotives.

$GE {{ '2017-12-18T14:51:55+0000' | timeago}} • Announcement

Airborne Wireless Network (ABWN) entered into a Support Agreement on Dec. 14, 2017 with GE Aviation, one of $GE Business Units. ABWN anticipates that this relationship should significantly accelerate the development of ABWN's proprietary Hybrid Radio and Free-Optics Communications System to be demonstrated CY18.

$OA {{ '2017-12-18T13:41:56+0000' | timeago}} • Announcement

$OA said its S. S. Gene Cernan Cygnus spacecraft successfully completed its eighth cargo supply mission to the International Space Station under NASA's Commercial Resupply Services (CRS-1) contract. The mission, known as OA-8, achieved significant milestones that further demonstrated the versatility and value of the Cygnus spacecraft.

$OA {{ '2017-12-11T13:49:56+0000' | timeago}} • Announcement

$OA has been awarded a contract from the US Air Force Space and Missiles Center to build a Long Duration Propulsive Evolved Expendable Launch Vehicle platform. The innovative platform, positioned between the launch booster and a primary space vehicle, is used to carry small payloads or deploy small satellites.

$GE {{ '2017-12-07T15:43:43+0000' | timeago}} • Announcement

$GE Power plans to reduce its global headcount by about 12,000 positions, affecting both professional and production employees. This aligns with $GE's effort to lower overall structural costs by $3.5Bil in 2017 and 2018. The plans announced are driven by challenges in the power market worldwide.

$GE {{ '2017-12-07T15:40:27+0000' | timeago}} • Announcement

$GE Power plans to reduce its global headcount by about 12,000 positions, affecting both professional and production employees. The headcount reductions, combined with actions taken previously in 2017, will position GE Power to reach its announced target of $1Bil in structural cost reductions in 2018.

$NOC {{ '2017-12-07T14:20:53+0000' | timeago}} • Announcement

$NOC received a request for additional information from the Federal Trade Commission (FTC). This second request is part of the regulatory process in connection with the FTC’s review of $NOC's proposed acquisition of $OA. The company continues to expect the acquisition to close in 1H18.

$OA {{ '2017-12-06T16:45:38+0000' | timeago}} • Announcement

$OA said its Cygnus spacecraft, following a highly successful stay as a part of the International Space Station, has departed from the station to begin the next phase of its mission. The OA-8 mission marks the fourth time that Cygnus has been used for NanoRacks cubesat deployments during its secondary payload mission phase.

$PX {{ '2017-12-01T18:02:19+0000' | timeago}} • Announcement

$PX and $GE's Aviation opened a new facility for their PG Technologies business, which specializes in advanced coatings that enable jet engines to withstand higher temperatures and stresses. PG Technologies is a JV between Praxair Surface Technologies Inc., a subsidiary of $PX, and GE Aviation.

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