RasGas Company

Doha, Qatar

RasGas Company

Doha, Qatar

RasGas Company Limited is a liquefied natural gas producing company in Qatar. It is the second-biggest LNG producer in the world after Qatargas. RasGas operates seven LNG trains located in Ras Laffan Industrial City. Wikipedia.

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News Article | April 26, 2017
Site: phys.org

Speaking ahead of the blog post 's publication Wednesday, McAfee chief scientists Raj Samani said the latest intrusions were very similar, albeit even worse, to the malicious software that wrecked computers at Saudi Arabia's state-run oil company in 2012. "This campaign was a lot bigger," Samani said. "Way larger in terms of the amount of work that needed to be done." It's a striking claim. The 2012 intrusions against Saudi Aramco and Qatari natural gas company RasGas—data-wiping attacks that wrecked tens of thousands of computers—were among the most serious cyberattacks ever publicly revealed. At the time, the United States called it "the most destructive attack that the private sector has seen to date." Echoing research done by others, McAfee said the most recent wave of attacks drew heavily on the malicious code used in the 2012 intrusions. McAfee also said that some of the code appears to have been borrowed by a previously known hacking group, Rocket Kitten , and used digital infrastructure also employed in a cyberespionage campaign dubbed OilRig . U.S. cybersecurity firms have tied both to Iran, with greater or lesser degrees of certainty. McAfee stopped short of linking any particular actor to the most recent attacks. Saudi officials and news media have given little detail about the intrusions beyond saying that more than a dozen government agencies and companies were affected, and a government adviser did not immediately return a message seeking comment. The Iranian Embassy in Paris did not immediately return messages.

News Article | April 26, 2017
Site: hosted2.ap.org

(AP) — Researchers at U.S. antivirus firm McAfee say the cyberattacks that have hit Saudi Arabia over the past few months are continuing, revealing new details about an unusually disruptive campaign. Speaking ahead of the blog post 's publication Wednesday, McAfee chief scientists Raj Samani said the latest intrusions were very similar, albeit even worse, to the malicious software that wrecked computers at Saudi Arabia's state-run oil company in 2012. "This campaign was a lot bigger," Samani said. "Way larger in terms of the amount of work that needed to be done." It's a striking claim. The 2012 intrusions against Saudi Aramco and Qatari natural gas company RasGas — data-wiping attacks that wrecked tens of thousands of computers — were among the most serious cyberattacks ever publicly revealed. At the time, the United States called it "the most destructive attack that the private sector has seen to date." Echoing research done by others, McAfee said the most recent wave of attacks drew heavily on the malicious code used in the 2012 intrusions. McAfee also said that some of the code appears to have been borrowed by a previously known hacking group, Rocket Kitten , and used digital infrastructure also employed in a cyberespionage campaign dubbed OilRig . U.S. cybersecurity firms have tied both to Iran, with greater or lesser degrees of certainty. McAfee stopped short of linking any particular actor to the most recent attacks. Saudi officials and news media have given little detail about the intrusions beyond saying that more than a dozen government agencies and companies were affected, and a government adviser did not immediately return a message seeking comment. The Iranian Embassy in Paris did not immediately return messages.

News Article | April 25, 2017
Site: globenewswire.com

Strong Start to 2017 with Increased Guidance due to Increased Profitability and Cash Flow Strategic MOU with Saudi Aramco Supports Leadership Position in the Middle East Implementation Underway of First-of-its-Kind Software Platform to Deliver Best Industry Solutions for Project Lifecycle Acquisition and Sale Leaseback of Deepwater Pipelay and Construction Vessel Amazon Continued Focus on Company Taking the Lead Safety Culture led to 1-year LTI Free Company Wide Company to Host Conference Call and Webcast Today at 7:30 a.m. Central Time HOUSTON, April 25, 2017 (GLOBE NEWSWIRE) -- McDermott International, Inc. (NYSE:MDR) (“McDermott,” the “Company,” “we” or “us”) today announced financial and operational results for the first quarter ended March 31, 2017. “McDermott saw a profitable and strategic start to 2017 and I am extremely pleased with our first quarter performance.  Excellent project execution and customer alignment led to cost savings, better than anticipated closeouts and customer driven change orders, driving McDermott’s profitability.  Over the past few years, we have worked to stabilize and optimize the business and are now taking long-term strategic steps to transform McDermott for sustainability and growth,” said David Dickson, President and Chief Executive Officer of McDermott.  “During the first quarter, we signed a strategic Memorandum of Understanding (“MOU”) with Saudi Aramco for a land lease at the new maritime facility at Ras Al Khair in Saudi Arabia, which we believe strengthens our leadership position in the Middle East.  We announced the strategic acquisition and sale leaseback of the Amazon vessel to build our ultradeepwater capabilities when upgraded as planned; and we also began implementation of a first-of-its-kind project lifecycle management software platform that will leverage data and analytics to improve efficiency and productivity and create a digital twin to mirror the as-built physical state with a living, up-to-date 3D model.  This new technology will position McDermott as a valued partner for our customers from concept to decommissioning.  Additionally, with continued focus on our Taking the Lead quality and safety culture, we achieved an outstanding full year LTI-free as a company.  While there were limited material contracts awarded in our market during the quarter, we still see a solid revenue pipeline, and these strategic investments help position McDermott for continued success as the market recovers.” First quarter 2017 earnings attributable to McDermott stockholders, computed in accordance with U.S. generally accepted accounting principles (“GAAP”), were $21.9 million, or $0.08 per fully diluted share, compared to a net loss of $2.2 million, or $0.01 per fully diluted share, for the prior-year first quarter.  We generated first quarter 2017 net income of $21.9 million, or $0.08 per fully diluted share, for which there were no adjustments from GAAP, compared to an adjusted net income of $36.3 million, or $0.13 per adjusted fully diluted share, excluding restructuring charges of $6.4 million and impairment charges of $32.3 million, in the prior-year first quarter. The Company reported first quarter 2017 revenues of $519.4 million, a decrease of $209.6 million, compared to revenues of $729.0 million for the prior-year first quarter.  The key projects driving revenue for the first quarter of 2017 were the ONGC Vashishta, Saudi Aramco Long Term Agreement II (“LTA II”), KJO Hout and INPEX Ichthys projects. The decrease from the prior-year first quarter is primarily due to reduced activity on Ichthys as the project progresses through the installation phase. Our operating income for the first quarter of 2017 was $56.0 million, or an operating margin of 10.8%, compared to $36.0 million, or an operating margin of 4.9%, for the first quarter of 2016.  Our operating income for the first quarter of 2017 was $56.0 million, or an operating margin of 10.8%, for which there were no adjustments from GAAP, compared to $74.7 million, or an adjusted operating margin of 10.2%, for the first quarter of 2016, excluding the restructuring charges and impairment mentioned above.  Operating income for the first quarter of 2017 was primarily driven by fabrication and marine activity under the Saudi Aramco LTA II, marine activity on Karan-45 and progress on the Marjan power system replacement, fabrication activity on Yamal and fabrication on Abkatun-A2. These activities were partially offset by a decrease in activity on Ichthys and a decrease in active projects in AEA compared to the same quarter last year. Cash provided by operating activities in the first quarter of 2017 was $48.5 million, a decrease compared to the $59.3 million of cash provided in the first quarter of 2016. The decrease was primarily driven by higher receivable collections from Pemex in the first quarter of 2016 compared to the first quarter of 2017. We report financial results under three reportable segments consisting of (1) the Americas, Europe and Africa (“AEA”), (2) the Middle East (“MEA”) and (3) Asia (“ASA”). We also report certain corporate and other non-operating activities under the heading “Corporate and Other”. Corporate and Other primarily reflects costs that are not allocated to our reportable segments. In the first quarter of 2017, we implemented changes to our financial reporting structure to better align with how we operate the business. Corporate expenses, certain centrally managed initiatives (such as restructuring charges), impairments, year-end mark-to-market (“MTM”) pension actuarial gains and losses, costs not attributable to a particular reportable segment, and unallocated direct operating expenses associated with the underutilization of vessels, fabrication facilities and engineering resources, are no longer apportioned to our reportable segments. Those expenses are now reported under “Corporate and Other”. As of March 31, 2017, the Company’s backlog was $3.9 billion, compared to $4.3 billion at December 31, 2016. Of the March 31, 2017 backlog, approximately 85% was related to offshore operations and approximately 15% was related to subsea operations. Order intake in the first quarter of 2017 totaled $96 million, resulting in a book-to-bill ratio of 0.2x.  At March 31, 2017, the Company had bids outstanding and target projects of approximately $3.1 billion and $12.6 billion, respectively, in its pipeline that it expects will be awarded in the market through June 30, 2018.  In total, the Company’s potential revenue pipeline, including backlog, was $19.6 billion as of March 31, 2017. In the Americas, Europe and Africa (“AEA”) Area, during the first quarter of 2017, detail design and fabrication of the compression platform for the Abkatun-A2 project progressed with the project continuing to advance on schedule.  Front-end engineering and design (“FEED”) and early detailed engineering for a Caribbean gas development continued throughout the quarter and is progressing ahead of plan.  During the quarter, we were awarded the Hess Penn State subsea scope, which includes installation of a rigid pipeline that is scheduled to be fabricated in our Gulfport Spoolbase and reeled onto the NO 105 for installation offshore.  The project scope also includes installation of a 4,500 foot umbilical and four electrical flying leads, fabrication and installation of two pipeline end terminations (“PLETS”) and pipeline pre-commissioning and system start-up support. In our Altamira fabrication yard, upgrades to increase skidway and loadout capabilities are substantially complete, and the blast and paint facility foundations and framing have been installed. These upgrades are on track for completion early in the second quarter of 2017. In the Middle East (“MEA”) Area, fabrication activity increased steadily through the first quarter, with the Jebel Ali and Dammam facilities operating at high levels of utilization.  Regional marine assets continued to operate in Qatar, Saudi Arabia and the Khafji Neutral Zone.  Qatar marine activity was focused on the RasGas Flow Assurance and Looping project, with the umbilical installation scope completed ahead of schedule.  Additionally, the DLV 2000 has now relocated to the Middle East, where she is expected to remain busy on existing contracts for most of 2017.  Installation of the KJO Hout structures was completed during the quarter, with pipeline activity and platform hook up and commissioning still remaining.  Project completion is still expected in the second quarter of 2017.  Engineering and procurement on the Saudi Aramco Lump Sum LTA II project are in the final stages, with focus now transitioning to fabrication.  Progress on the three Saudi Aramco projects awarded in the second quarter of 2016 remains on target.  The Safaniya Phase 5 and 4 Jackets and 3 Observation Platforms projects are in the engineering and procurement phases, with both slightly ahead of the overall planned progress. The Area’s exceptional QHSES performance was maintained through the quarter, now reaching 54 million man hours lost time incident (“LTI”) free. In the Asia (“ASA”) Area, during the first quarter of 2017, the LV 108 carried out subsea construction and pre-commissioning works to prepare for the arrival of the floating facilities on the INPEX Ichthys project.  Also on Ichthys, we continued working collaboratively with INPEX and the supplier to rectify the subsea connector component issue identified in January 2017.  Engineering, procurement and fabrication of the pre-lay structures, in-line tees (“ILTs”) and PLETs for the Woodside Greater Western Flank Phase 2 pipeline project commenced in February, and the project is progressing on schedule.  In India, the ONGC Vashishta project continues to achieve significant progress with the completion of the shallow water section of pipelines and umbilical installation by the DB 30.  The fabrication of pipe stalks for the deepwater pipelay was completed utilizing McDermott’s mobile spoolbase in our consortium partner Larsen & Toubro’s fabrication yard in Kattupalli, along with the first and second loadouts onboard the NO 105.  The NO 105 also completed the installation of the first two deepwater pipeline sections and continues to install the remaining two.  The DB 30 is scheduled to mobilize at the end of April 2017 for the Brunei Shell Petroleum offshore pipelines installation.  In our Batam fabrication yard, fabrication of the modules for the Yamal LNG project is reaching the final completion stage with sailaway scheduled in April 2017.  Also in Batam, the fabrication of 14 jackets for Saudi Aramco is progressing well, with 3 of the 14 jackets complete and sailed on a fast transport vessel to Ras Tanura, Saudi Arabia. In the first quarter of 2017 for Corporate and Other, costs were mainly attributable to selling, general, and administrative costs of $12.9 million and unallocated direct operating expenses of $27.3 million. Unallocated direct operating expenses were primarily driven by the underutilization of marine assets which incurred less than standard activity during the first quarter. These expenses were offset by a gain of $3.4 million on the sale of certain thrusters. The increase in 2017 guidance is mainly attributable to increased profitability and cash flow due to closeouts from excellent project execution in the first quarter of 2017, as well as customer driven change orders awarded this quarter.  While we expect change orders, close-outs and settlements to continue as part of our normal business activities, the period in which they are recognized is largely driven by the finalization of agreements with customers and suppliers and, as a result, is difficult to predict.  We previously reported it was reasonably possible costs on the INPEX Ichthys project could increase by an additional $10 million due to a failure identified in a supplier-provided subsea-pipe connector component, which had previously been installed. However, we have continued to mitigate the $10 million risk and now believe the range of reasonably possible additional costs has decreased to $5 million. Costs forecasted under Corporate and Other include $115 million of unallocated direct operating expenses resulting from the expected underutilization of our marine assets during 2017. Weighted average common shares outstanding on a fully diluted basis were approximately 282.3 million and 239.1 million for the quarters ended March 31, 2017 and 2016, respectively.  Additional shares of 38.0 million related to the Tangible Equity Units (“TEUs”), as well as other potentially dilutive shares, were included in the quarterly dilution calculation for the quarter ended March 31, 2017.  Subsequent to quarter end, on or about April 3, 2017, we delivered 40.8 million shares of our common stock related to the settlement of the TEUs. McDermott has scheduled a conference call and webcast related to its first quarter 2017 results today at 7:30 a.m. U.S. Central Time.  Interested parties may listen over the Internet through a link posted in the Investor Relations section of McDermott’s website. A replay of the webcast will be available for seven days after the call and may be accessed by dialing (855) 859-2056, Passcode 2104294. In addition, a presentation will be available on the Investor Relations section of McDermott’s website that contains supplemental information on McDermott’s financials, operations and 2017 Guidance. McDermott is a leading provider of integrated engineering, procurement, construction and installation (“EPCI”), front-end engineering and design (“FEED”) and module fabrication services for upstream field developments worldwide. McDermott delivers fixed and floating production facilities, pipelines, installations and subsea systems from concept to commissioning for complex Offshore and Subsea oil and gas projects to help oil companies safely produce and transport hydrocarbons.  Our customers include national and major energy companies.  Operating in approximately 20 countries across the world, our locally focused and globally integrated resources include approximately 13,500 employees, a diversified fleet of specialty marine construction vessels, fabrication facilities and engineering offices. We are renowned for our extensive knowledge and experience, technological advancements, performance records, superior safety and commitment to deliver.  McDermott has served the energy industry since 1923, and shares of its common stock are listed on the New York Stock Exchange. To learn more, please visit our website at www.mcdermott.com This press release includes several “non-GAAP” financial measures as defined under Regulation G of the U.S. Securities Exchange Act of 1934, as amended. We report our financial results in accordance with U.S. generally accepted accounting principles (“GAAP”), but believe that certain non-GAAP financial measures provide useful supplemental information to investors regarding the underlying business trends and performance of our ongoing operations and are useful for period-over-period comparisons of those operations. Non-GAAP measures are comprised of the total and diluted per share amounts of adjusted net income (loss) attributable to the Company and adjusted operating income and operating income margin for the Company, in each case excluding the impact of certain identified items.  The excluded items represent items that our management does not consider to be representative of our normal operations.  We believe that total and diluted per share adjusted net income (loss) and adjusted operating income and operating margin are useful measures for investors to review because they provide a consistent measure of the underlying financial results of our ongoing business and, in our management’s view, allows for a supplemental comparison against historical results and expectations for future performance. Furthermore, our management uses adjusted net income (loss) and adjusted operating income as a measure of the performance of our operations for budgeting and forecasting, as well as employee incentive compensation. However, Non-GAAP measures should not be considered as substitutes for operating income, net income or other data prepared and reported in accordance with GAAP and should be viewed in addition to the Company’s reported results prepared in accordance with GAAP. The Forecast non-GAAP measures we have presented in this press release include forecast free cash flow, adjusted free cash flow and EBITDA, in each case excluding the impact of certain identified items. We believe these forward-looking financial measures are within reasonable measure.  We define “free cash flow” as cash flows from operations less capital expenditures.  We believe investors consider free cash flow as an important measure, because it generally represents funds available to pursue opportunities that may enhance shareholder value, such as making acquisitions or other investments.  Our management uses free cash flow for that reason.  Additionally, adjusted free cash flow represents free cash flow plus cash expected as a result of the sale leaseback arrangement for the acquisition of the Amazon vessel.  We define EBITDA as net income plus depreciation and amortization, interest expense, net, and provision for income taxes.  We have included EBITDA disclosures in this press release because EBITDA is widely used by investors for valuation and comparing our financial performance with the performance of other companies in our industry.  Our management also uses EBITDA to monitor and compare the financial performance of our operations.  EBITDA does not give effect to the cash that we must use to service our debt or pay our income taxes, and thus does reflect the funds actually available for capital expenditures, dividends or various other purposes.  In addition, our presentation of EBITDA may not be comparable to similarly titled measures in other companies’ reports.   You should not consider EBITDA in isolation from, or as a substitute for, net income or cash flow measures prepared in accordance with U.S. GAAP. Reconciliations of these non-GAAP financial measures and forecast non-GAAP financial measures to the most comparable GAAP measures are provided in the tables set forth at the end of this press release. In accordance with the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, McDermott cautions that statements in this press release which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties that may impact McDermott's actual results of operations. These forward-looking statements include, among other things, statements about backlog, bids and change orders outstanding, target projects and revenue pipeline, to the extent these may be viewed as indicators of future revenues or profitability, our beliefs with respect to the expected benefits to be derived from recent strategic activities, including the MOU signed with Saudi Aramco, the planned upgrades to the Amazon and the implementation of the project lifecycle management software platform, the expected scope, execution and timing associated with the projects discussed, the expected timing of upgrades to our Altamira fabrication yard, the expected utilization of the DLV 2000, McDermott’s earnings and other guidance for 2017 and expectations related to the guidance, expectations with respect to change orders, close-outs and settlements,  our expectations with respect to the range of additional costs on the Ichthys project related to the subsea-pipe connector component issue identified in January 2017 and the expected underutilization of our marine assets in 2017. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit markets, our inability to successfully execute on contracts in backlog, changes in project design or schedules, the availability of qualified personnel, changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties, changes in industry norms and adverse outcomes in legal or other dispute resolution proceedings.  If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected.  You should not place undue reliance on forward looking statements.  For a more complete discussion of these and other risk factors, please see McDermott's annual and quarterly filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2016 and subsequent quarterly reports on Form 10-Q. This press release reflects management's views as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

News Article | April 28, 2017
Site: www.businesswire.com

„Auf den internationalen Märkten gingen die Umsätze im Vergleich zum Vorquartal um 7 % zurück. Dies lag daran, dass der saisonal bedingte Rückgang von Aktivitäten und Umsätzen vor allem in China, auf dem russischen Festland und in der Nordsee größer war als erwartet. Außerdem beobachteten wir in zentralen Teilen des Nahen und Mittleren Ostens geringere Aktivitäten als im Vorquartal, während Einschränkungen der Produktion, die dem Projekt Shushufindi von Schlumberger Production Management (SPM) in Ecuador auferlegt wurden, ebenfalls negative Auswirkungen auf unsere Ergebnisse im ersten Quartal hatten. Die grundlegenden Aktivitäten und Stimmungen unserer weltweiten Kundenbasis entsprachen jedoch den Erwartungen, wie man zum Beispiel an den unveränderten Umsatztrends im Vergleich zum Vorquartal im restlichen Lateinamerika sowie in Afrika beobachten konnte. Dies bestätigte, dass diese Regionen tatsächlich den tiefsten Punkt des Zyklus erreicht haben. Angesichts der beginnenden Erholung von einem der größten Abwärtstrends unserer Firmengeschichte betrachten wir vier Bereiche als entscheidend für die Wiederherstellung der Stärke der Branche und der Steigerung ihrer Kapazitäten. Dies sind: die Notwendigkeit höherer Ausgaben im Bereich Exploration und Förderung zur Deckung des wachsenden Bedarfs an Kohlenwasserstoff in den nächsten Jahren; die Notwendigkeit, Investitionen in R&E innerhalb der gesamten Lieferkette für Öl und Gas zu schützen und anzuregen; die Notwendigkeit neuer Geschäftsmodelle zur Förderung engerer technischer Zusammenarbeit und kommerzieller Angleichung von Betreibern und Zulieferern; sowie die Notwendigkeit umfassenderer und besser integrierter Technologieplattformen, die Hardware, Software, Daten und Know-how miteinander verbinden. Während unsere Perspektive für die Grundlagen von Angebot und Nachfrage auf den Ölmärkten konstruktiv bleibt, steigt die Wahrscheinlichkeit eines mittelfristigen Lieferdefizits durch die anhaltenden Unterinvestitionen in neue Lieferungen, da zwar Reservoirs erschlossen, die Reserven jedoch nicht in ausreichendem Maß ersetzt werden. Der Markt ist insbesondere weiterhin auf Kerninflationsraten konzentriert, was suggeriert, dass die Produktion tragfähig ist. Bei genauerer Betrachtung der zugrunde liegenden Daten zeigt sich jedoch deutlich, dass sich die erwiesenermaßen erschlossenen Reserven in mehreren wichtigen Ländern außerhalb der OPEC in beschleunigtem Maße erschöpfen. Bei Schlumberger sind wir daher aktiv bestrebt, das Unternehmen an der Spitze einer Branche zu positionieren, die sich weiterentwickeln muss. Wir tun dies, indem wir unsere Geschäftsbasis in proaktiver Weise verwalten und auf den ständigen Druck der Kommodifizierung reagieren und unser Angebot und unsere Leistungen dabei genau auf die vorherrschenden Marktbedingungen abstimmen. Parallel versuchen wir ständig, unsere Möglichkeiten zu erweitern, indem wir ein umfassendes und aktives M&A-Programm verfolgen. Dabei beziehen wir bestehende und neue Kunden ein, um eine engere Kooperation und besser aufeinander abgestimmte Geschäftsmodelle zu etablieren, und wir erweitern unser Angebot vom technischen Support bis hin zu gemeinsamen Investitionen mit unseren Kunden in deren Projekte – dabei immer mit dem Ziel, für mehr Aktivitäten unserer 19 Produkt- und Servicelinien zu sorgen. Angesichts der sorgfältigen Anpassung an die gegenwärtige Situation der Branche bleiben wir zuversichtlich und optimistisch hinsichtlich der Zukunft von Schlumberger, da wir sehr gut wissen, dass es jenseits des aktuellen Marktes vielfache Möglichkeiten für diejenigen Akteure der Branche gibt, die sich neue Wege vorstellen und diese auch einschlagen können.“ Schlumberger und Weatherford haben am 24. März 2017 eine Vereinbarung zur Gründung von OneStimSM bekannt gegeben. Mit diesem Joint Venture sollen Produkte und Services für Fertigstellungen zur Erschließung unkonventioneller Ressourcengebiete in den Bodenmärkten der Vereinigten Staaten und Kanadas bereitgestellt werden. Das Joint Venture wird eines der breitgefächertsten Portfolios für mehrstufige Fertigstellungen auf dem Markt zusammen mit einer der größten Hydraulic-Fracturing-Flotten in der Branche anbieten. Schlumberger und Weatherford halten einen Eigentumsanteil von 70 bzw. 30 % an dem Joint Venture. Die Transaktion soll in der zweiten Jahreshälfte 2017 abgeschlossen werden und unterliegt behördlichen Zulassungen sowie weiteren üblichen Abschlussbedingungen. Am 12. April 2017 gaben Schlumberger und YPF die Unterzeichnung einer vorläufigen Vereinbarung für ein Joint Venture in einem Ölschiefer-Pilotprojekt im Block Bandurria Sur in Vaca Muerta in der Provinz Neuquén bekannt. Schlumberger wird Reservoirkenntnisse, integrierte Feldstudien, Services im Bereich Bohrungen und Fertigstellungen sowie die dazugehörige Infrastruktur anbieten. Teil der Vereinbarung ist eine stufenweise Investition von 390 Mio. USD durch Schlumberger. Dazu gehört ein signifikanter praktischer Beitrag der Services des Unternehmens zu Marktpreisen. Nach Erfüllung bestimmter Abschlussbedingungen wird Schlumberger einen Anteil von 49 % an dem Joint Venture übernehmen, wobei YPF die verbleibenden 51 % innehaben und den Block betreiben wird. Am 20. April 2017 stimmte der Verwaltungsrat (Board of Directors) des Unternehmens einer vierteljährlichen Dividende von 0,50 USD je in Umlauf befindlicher Stammaktie zu, zahlbar am 14. Juli 2017 an zum 1. Juni 2017 eingetragene Aktieninhaber. Die Umsätze in der Region Lateinamerika waren im Vergleich zum Vorquartal unverändert, da das Umsatzwachstum in Brasilien durch einen Umsatzrückgang auf dem GeoMarket Peru, Kolumbien und Ecuador aufgewogen wurde, wo sich Einschränkungen der Produktion, die dem Projekt Shushufindi von SPM in Ecuador auferlegt wurden, auf die Ergebnisse auswirkten. Die Umsätze auf dem GeoMarket Argentinien, Bolivien und Chile waren ebenfalls niedriger, getrieben durch einen Rückgang der Bohr- und Fracturing-Aktivitäten aufgrund der frühen Fertigstellung einer Reihe von Projekten. Das Umsatzwachstum in Brasilien wurde durch stärkere Aktivitäten des Bereichs OneSubsea und vermehrte Multiclient-Lizenzverkäufe von WesternGeco in Erwartung der baldigen 14. Angebotsrunde getrieben. Die Umsätze in der Region Europa/GUS/Afrika nahmen im Vergleich zum Vorquartal um 10 % ab, vor allem aufgrund saisonal bedingter Rückgänge in Russland und Kasachstan, die stärker waren als sonst und sich auf sämtliche Produktlinien auswirkten, während der GeoMarket Großbritannien und Kontinentaleuropa ebenfalls geringere Aktivitäten und reduzierte Software-Lizenzverkäufe von SIS verzeichnete. Reduzierte Aktivitäten von OneSubsea aufgrund der Fertigstellung eines Projekts im Golf von Guinea und geringere Produktverkäufe von Surface Systems in der Region trugen ebenfalls zu dem Rückgang bei. Die Umsätze aus dem GeoMarket Subsahara-Afrika blieben im Wesentlichen unverändert, da der starke Anstieg der Festlandaktivitäten im Kongo, im Tschad und in Äthiopien durch den Abbruch eines Bohrprojekts vor der Küste Angolas und durch Projektverzögerungen vor der Küste des Kongo aufgewogen wurde. Die Umsätze in der Region Naher und Mittlerer Osten sowie Asien nahmen im Vergleich zum Vorquartal um 7 % ab, in erster Linie aufgrund von Preisdruck und geringeren Bohr- und Hydraulic-Fracturing-Aktivitäten auf dem Festland im Nahen und Mittleren Osten. Die Umsätze in Australien nahmen aufgrund reduzierter Offshore-Aktivitäten ebenfalls ab, während Unwetter auf dem Festland sämtliche Produkt- und Servicelinien beeinträchtigten. Die Umsätze auf dem chinesischen Festland waren aufgrund der saisonal bedingten Verlangsamung im Winter geringer, die sich hauptsächlich auf die Aktivitäten der Bereiche Production, Drilling sowie der Cameron Group auswirkten. Die Umsätze der Reservoir Characterization Group in Höhe von 1,6 Mrd. USD, von denen 78 % aus den internationalen Märkten stammten, nahmen im Vergleich zum Vorquartal um 3 % ab. Dies lag an Projektabschlüssen aus einem abnehmenden Auftragsbestand des Bereichs Testing & Process Systems und wurde teilweise durch weitere Fortschritte bei Anlageprojekten für frühzeitige Förderung in Kuwait und Ägypten aufgewogen. Die Umsätze des Bereichs Wireline stiegen aufgrund von Explorationsaktivitäten mit vermehrtem Infrastruktureinsatz in Nordamerika, teilweise aufgewogen durch saisonal bedingte Umsatzrückgänge in Russland. Nach den üblichen, jedoch verhaltenen Umsätzen zum Jahresende im vorherigen Quartal wirkten sich niedrigere Software-Lizenzverkäufe von SIS ebenfalls auf die Ergebnisse der Gruppe aus. Im bulgarischen Teil des Schwarzen Meeres nahm Total E&P Bulgaria die erste Explorationsbohrung in der Tiefsee vor. Schlumberger ISM führte auf der Bohranlage acht getrennte Produktlinien und koordinierte über 100 Mitarbeiter, die an dem Projekt beteiligt waren. Durch enge Kooperation mit Total E&P Bulgaria konnte das ISM-Team Gelegenheiten zur Bohroptimierung ermitteln, durch die während der Bohrtätigkeiten an der Bohrlochsohle signifikante Ergebnisse erzielt werden konnten. Total E&P Bulgaria drückte Wertschätzung für das kooperative Arbeitsumfeld aus, das Schlumberger in das Projekt eingebracht hatte. In den VAE beauftragte die Sharjah National Oil Corporation WesternGeco mit der Durchführung einer seismischen 3D-Erhebung über 483 Quadratkilometer für den Teil ihrer Onshore-Konzession in Schardscha. Für das Projekt soll die Plattformtechnologie UniQ* für seismische Erhebungen auf dem Festland genutzt werden, um die langen Offsets handhaben zu können, die erforderlich sind, um Abbildungen der komplexen geologischen Überschiebungen in der Region zu erstellen. Die Erhebung stellt eine Erweiterung der 2011 durchgeführten früheren Erhebung dar, in deren Rahmen die Effektivität der UniQ-Plattformtechnologie demonstriert wurde. Die Datenverarbeitung soll im Bearbeitungszentrum in Abu Dhabi mittels rückwärtiger Zeitmigration erfolgen, um Abbildungen dieser komplexen Geologie zu erstellen. In Kasachstan nutzt Wireline den fotorealistischen Reservoirgeologie-Service Quanta Geo* zur Auswertung einer dichten Karbonatformation für Karachaganak Petroleum Operating BV, ein Konsortium aus Eni, Shell, Chevron, Lukoil und KazMunaiGas. Die Servicetechnologie Quanta Geo nutzt eine innovative Sonde mit erhöhter Sensibilität, um vertikale und laterale Eigenschaften der Bohrung zu erkennen. Der Kunde erhielt Bilder mit höherer Qualität, was mit ölhaltigem Schlamm nicht möglich ist. So waren strukturelle und stratigrafische Interpretationen mit höherer Zuversicht möglich. Die Umsätze der Drilling Group in Höhe von 2,0 Mrd. USD, von denen 74 % aus den internationalen Märkten stammten, nahmen gegenüber dem Vorquartal um 1 % ab, da die starken Aktivitäten beim Richtbohren auf dem nordamerikanischen Festland durch geringere Bohraktivitäten und Preisdruck in den internationalen Gebieten aufgewogen wurden. Die Verbesserung der Umsätze in Nordamerika rührte von verstärkter Absorption der Produkte und Services von Drilling & Measurements, Bits & Drilling Tools und M-I SWACO her. Die Abnahme der Erträge in den internationalen Gebieten lag an den geringeren Umsätzen aus Produkten von M-I SWACO in der Region Naher und Mittlerer Osten sowie Asien, an Preisdruck und einer ungünstigen Mischung von Aktivitäten für Drilling & Measurements im Nahen und Mittleren Osten sowie an geringeren Aktivitäten von Integrated Drilling Services (IDS) auf dem GeoMarket Großbritannien und Kontinentaleuropa. Im britischen Teil der Nordsee entwickelte IDS eine individuelle Lösung für Statoil, um spezielle Schwierigkeiten in einem Schwerölfeld zu meistern. Das Mariner-Feld zeichnet sich durch Reservoirs in geringer Tiefe aus, und deren Erschließung durch 60 lange, nahe beieinander liegende horizontale Bohrungen geplant ist. Ein integriertes Team mit Bohrexperten aus mehreren Technologiezentren trug zur Planung einer individuellen Montage an der Bohrlochsohle bei, mit der eine aggressive Neigung von bis zu 40° im 24-Zoll-Abschnitt verwirklicht werden konnte. Das steuerbare Rotary-System PowerDrive Archer* für hohe Neigungen sowie phasenweise einsetzbare Aufweitköpfe waren zwei der Technologien, die bei dieser kundenspezifischen Lösung genutzt wurden. Im ersten Quartal 2017 realisierte der Kunde die 24-Zoll-Abschnitte von vier Bohrungen und konnte sämtliche Projektziele in Bezug auf Bohrungen, Zeit und Kosten erreichen. In Norwegen vergab Statoil Petroleum AS einen IDS-Vertrag für die Bohrkampagne im Sleipner-Gebiet im norwegischen Teil der Nordsee an Schlumberger. Zu dem Vertrag gehört eine innovative Struktur für Leistungsanreize, mit der die Interessen von Betreiber und Serviceanbieter besser aufeinander abgestimmt werden. Dazu gehören die Bereitstellung von Services von Drilling & Measurements, Well Services und M-I SWACO für zwei Bohrungen und eine optionale Bohrung. Die Tätigkeiten werden voraussichtlich im Mai 2017 aufgenommen. In Katar vergab die RasGas Company Limited einen Fünfjahresvertrag mit fünf optionalen Einjahresverlängerungen an Schlumberger, in dessen Rahmen eine umfangreiche Kombination von Bohrtechnologien für bis zu 70 Bohrungen im North-Feld bereitgestellt wird. Teil des Vertrags sind zum Beispiel ein MicroScope*-Service von Drilling & Measurements für Resistivität und Bildgebung während des Bohrens, die abnutzungsresistente und höchst belastungsfähige PDC-Cutter-Technologie FireStorm* von Bits & Drilling Tools, der instrumentierte Wireline-Interventionsservice ReSOLVE* von Wireline, der Schiefer-Inhibitor HydraHib von M-I SWACO sowie die moderne Glasfasertechnologie für Verlustkontrolle CemNET und die Stimulationsservices OpenPath von Well Services. Das North-Feld ist das größte reine Erdgasfeld der Welt und enthält rund 10 % der weltweit bekannten Reserven. Vor der Küste Aserbaidschans nutzte Drilling & Measurements eine Kombination von Technologien für die State Oil Company of Azerbaijan (SOCAR) bei der Durchführung einer anspruchsvollen J-förmigen Bohrung im Bulla-Deniz-Feld. Teil des komplexen Plans war es nicht nur, die anspruchsvolle Lithologie zu meistern, durch die der Bohrfortschritt (Rate of Penetration, ROP) auf bis zu 3,1 Fuß pro Stunde verlangsamt wird, sondern auch, gleichzeitig einen 7218 Fuß langen Abschnitt des Bohrlochs zu bohren und zu vergrößern. Zu der Kombination von Technologien gehörten die steuerbare Rotary-Technologie PowerDrive X6* mit dem für Array-Resistivität kompensierten Service arcVISION*, der Service TeleScope* für Hochgeschwindigkeitstelemetrie während des Bohrvorgangs sowie ein hydraulisch expandierbarer Bohrlochräumer Rhino* XS. Der Kunde konnte durch Erreichen der Bohrziele in 39 statt der ursprünglich eingeplanten 79 Tage ohne jegliche unproduktive Zeit 14,4 Mio. USD einsparen. Im Süden von Texas stellte IPS eine Kombination aus Technologien und Services für Lonestar Resources bereit, um die Ölförderung und Feldökonomie bei 18 Bohrungen im Schiefergebiet Eagle Ford Shale zu verbessern. IPS konnte Pläne für Bohrungen, Stimulation und Fertigstellungen in langen Seitenbohrungen optimieren, um die Stützmitteleinbettung in weicherem Gestein zu überwinden, die den Reservoirkontakt mit dem Bohrloch abklemmte, und um die Ausdehnung der Höhe von Frakturen hin zu einer nahen Verwerfung zu begrenzen. Zu diesen Technologien gehörten ThruBit*-Services für Aufzeichnungen durch die Bohrspitze, die Software Kinetix Shale* für reservoirzentrierte Stimulation bis hin zur Förderung sowie der Fracturing-Service Broadband Sequence*. Infolgedessen konnten in diesen Bohrungen im Vergleich zu Ausgleichsbohrungen in zwei anderen Feldern bis zu 86 % mehr Kohlenwasserstoff pro 1000 Fuß der Seitenbohrung gefördert werden. Die Whiting Petroleum Corporation schloss kürzlich mit dem auflösbaren Plug-and-Perf-System Infinity* eine Kampagne aus 13 Bohrungen in North Dakota ab. Whiting plante die Aussetzung der Förderung aus zahlreichen Bohrungen in der Region, während Fracturing-Tätigkeiten und Reinigungsarbeiten nach dem Fracturing durchgeführt wurden. Mit dem Infinity-System konnten die Reinigungszeiten im Vergleich zu herkömmlichen Pfropftechnologien reduziert werden. Dies führte bei 13 Bohrungen zu merklichen Zeiteinsparungen und zur Wiederherstellung der vollen Fördertätigkeit in dem Feld. Im Irak nutzte Well Services eine Kombination von Technologien für BP Iraq N.V., um Herausforderungen bei einer Wasserinjektionsbohrung in einem Karbonatreservoir im Rumaila-Feld zu überwinden. Die Kombination aus einem aufpumpbaren CoilFLATE*-Packer für aufgerollte flexible Stahlrohre mit dem Instrument ACTive PTC* für Druck-, Temperatur- und Gehäusekragenerkennung in Echtzeit wurde bereitgestellt, um selektiv Zonen mit geringer Permeabilität zu stimulieren. Infolgedessen stieg die Wasserinjektivität auf 4600 bbl/d und ermöglichte dem Kunden eine zusätzliche Ölförderung von 3000 bbl/d. Die Umsätze der Cameron Group in Höhe von 1,2 Mrd. USD, wovon 62 % von den internationalen Märkten stammten, sanken aufgrund des Rückgangs beim Volumen der Projekte von OneSubsea und geringerer Produktverkäufe bei Surface Systems im Vergleich zum Vorquartal um 9 %, teilweise aufgewogen durch ein leichtes Wachstum bei Valves & Measurement. Der Umsatzrückgang für OneSubsea lag am sinkenden Volumen der Projekte in Brasilien und an reduzierten Aktivitäten im US-amerikanischen Golf von Mexiko. Die Umsätze von Surface Systems waren in den Regionen Europa/GUS/Afrika und Lateinamerika niedriger, wodurch das zweistellige Umsatzwachstum auf dem nordamerikanischen Festland aufgrund zunehmender Mietaktivitäten für Fracturing und Flowback mehr als aufgewogen wurde. Valves & Measurement verbuchte auf dem US-amerikanischen Festland ein zweistelliges Wachstum sowie eine drastische Veränderung der Buchungen, teilweise aufgewogen durch eine Verlangsamung der Umsätze aus technisierten Ventilen in Europa/GUS/Afrika. Noble Energy Mediterranean Ltd. vergab einen Vertrag für die Lieferung von horizontalen Förderbäumen mit 10.000 psi, an die Förderbäume montierten Steuerelementen, Steuerelementen unabhängig von den Förderbäumen und Topside-Steuerelementen für das Leviathan Field Development Project in der Tiefsee des östlichen Mittelmeers an OneSubsea. Für das untermeerische Steuersystem werden herkömmliche elektrohydraulische Steuerelemente und eine Glasfaserkommunikationsverbindung mit den Topside-Steuerelementen genutzt. Die Auswahl dieses Förderbaum stimmt mit früheren Auftragsvergaben überein. So erhält der Kunde größere operative Flexibilität und eine standardisierte Wartung. Zusätzlich zu den Finanzergebnissen, die in Übereinstimmung mit den in den USA allgemein anerkannten Grundsätzen der Rechnungslegung (Generally Accepted Accounting Principles, GAAP) ermittelt wurden, umfasst diese Pressemitteilung zum ersten Quartal 2017 auch nicht GAAP-konforme Finanzkennzahlen (gemäß Definition nach Verordnung G der US-Börsenaufsichtsbehörde SEC). Der Nettogewinn ohne Belastungen und Gutschriften sowie davon abgeleitete Messwerte (einschließlich verwässerter Gewinn je Aktie ohne Belastungen und Gutschriften, Nettogewinn aus Minderheitsbeteiligungen ohne Belastungen und Gutschriften sowie effektiver Steuersatz ohne Belastungen und Gutschriften) sind nicht GAAP-konforme Finanzkennzahlen. Die Geschäftsführung ist Ansicht, dass der Ausschluss von Belastungen und Gutschriften von den Finanzkennzahlen sie dazu befähigen, die Geschäftstätigkeit von Schlumberger im Vergleich zwischen den einzelnen Perioden effektiver zu bewerten und geschäftliche Trends zu identifizieren, die andernfalls durch die ausgeschlossenen Posten überdeckt werden würden. Diese Kennzahlen werden von der Unternehmensleitung auch als Leistungsindikatoren zur Festlegung bestimmter Leistungsvergütungen genutzt. Die vorstehenden nicht GAAP-konformen Kennzahlen sollten als Ergänzung zu anderen Finanzkennzahlen oder Leistungsindikatoren angesehen werden, die in Übereinstimmung mit GAAP erstellt werden, und dürfen keinesfalls als Ersatz dafür oder als jenen überlegen erachtet werden. Nachfolgend dargestellt ist die Abstimmung dieser nicht GAAP-konformen Kennzahlen mit den vergleichbaren GAAP-Kennzahlen. Schlumberger ist der weltweit führende Anbieter von Technologien zur Charakterisierung von Lagerstätten sowie für Bohr-, Förderungs- und Verarbeitungsvorgänge in der Erdöl- und Erdgasindustrie. Schlumberger ist in über 85 Ländern tätig, beschäftigt rund 100.000 Mitarbeiter aus über 140 Staaten und liefert das in der Branche umfassendste Sortiment an Produkten und Dienstleistungen von der Exploration bis zur Förderung sowie Lösungen von der Pore bis zur Pipeline, mit denen die Kohlenwasserstoffgewinnung optimiert und die Leistungsfähigkeit von Lagerstätten gewährleistet werden kann. Schlumberger veranstaltet am Freitag, 21. April 2017, eine Telefonkonferenz zur Besprechung der Medienmitteilung zum Quartalsbericht und der Geschäftsprognosen. Die Telefonkonferenz beginnt um 8:30 Uhr Eastern Time bzw. 14.30 Uhr MEZ. Um an dieser öffentlich zugänglichen Konferenz teilzunehmen, rufen Sie bitte ungefähr zehn Minuten vor Beginn die Konferenzzentrale an, entweder unter +1 (800) 288-8967 für Anrufe aus Nordamerika oder unter +1 (612) 333-4911 für Anrufe von außerhalb Nordamerikas. Fragen Sie nach dem „Schlumberger Earnings Conference Call“. Nach dem Ende der Telefonkonferenz steht Ihnen bis zum 21. Mai 2017 eine Wiederholung zur Verfügung. Wählen Sie dazu bitte +1 (800) 475-6701 für Anrufe aus Nordamerika oder +1 (320) 365-3844 für Anrufe von außerhalb Nordamerikas, und geben Sie den Zugangscode 417634 ein. Dieser Ergebnisbericht für das erste Quartal 2017 sowie unsere anderen Mitteilungen enthalten „zukunftsbezogene Aussagen“ im Sinne des US-amerikanischen Wertpapierrechts, die jegliche Aussagen umfassen, die keine historischen Tatsachen sind, wie zum Beispiel unsere Prognosen oder Erwartungen zu den Geschäftsaussichten, zur Steigerung der Aktivitäten von Schlumberger insgesamt und jedes einzelnen Segments (sowie für bestimmte Produkte oder in bestimmten geografischen Regionen innerhalb der einzelnen Segmente), zur Erdöl- und Erdgasnachfrage und einem entsprechenden Anstieg der Förderung, zu den Preisen von Erdöl und Erdgas, zu Verbesserungen von Betriebsverfahren und Technologien, inklusive unseres Transformationsprogramms, zu Kapitalaufwendungen durch Schlumberger und in der Erdöl- und Erdgasindustrie, zu den Geschäftsstrategien der Kunden von Schlumberger, zu den erwarteten Vorteilen der Cameron-Transaktion, zum Erfolg der Joint Ventures und Zusammenschlüsse von Schlumberger sowie zu der zukünftigen globalen Wirtschaftslage und zukünftigen Geschäftsergebnissen. Diese Aussagen unterliegen Risiken und Unsicherheiten. Dazu gehören u. a. die Weltwirtschaftslage, Veränderungen bei Ausgaben für Exploration und Förderung aufseiten der Kunden von Schlumberger sowie Veränderungen der Intensität der Exploration und Erschließung von Erdöl und Erdgas, allgemeine wirtschaftliche, politische und geschäftliche Situationen in Schlüsselregionen der Welt, Währungsrisiken, Preisdruck, Wetter und sonstige jahreszeitlich bedingte Faktoren, betriebliche Änderungen, Verzögerungen oder Stornierungen, Rückgänge bei Förderungen, Änderungen von behördlichen Bestimmungen und Rechtsvorschriften, einschließlich der Vorschriften zur Erdöl- und Erdgasexploration in Offshore-Gebieten, zu radioaktiven Strahlenquellen, Sprengmitteln, Chemikalien, Hydraulic-Fracturing-Dienstleistungen und Initiativen zum Klimaschutz, aber auch die Möglichkeit, dass Technologien neuen Herausforderungen bei der Exploration nicht gerecht werden, dass Cameron nicht erfolgreich integriert und die erwarteten Synergien nicht realisiert werden oder dass wichtige Mitarbeiter nicht beim Unternehmen bleiben, sowie sonstige Risiken und Unsicherheiten, die in diesem Ergebnisbericht für das erste Quartal 2017 und auf unseren aktuellen Formblättern 10-K, 10-Q und 8-K aufgeführt sind, die bei der US-amerikanischen Börsenaufsichtsbehörde SEC eingereicht wurden. Falls eines oder mehrere dieser und anderer Risiken und Unwägbarkeiten (oder die Folgen solcher Veränderungen von Geschehnissen) eintreten oder sich unsere grundlegenden Annahmen als unzutreffend erweisen sollten, können die tatsächlichen Ergebnisse wesentlich von unseren Darstellungen in zukunftsgerichteten Aussagen abweichen. Schlumberger verneint jegliche Absicht zur Überarbeitung oder öffentlichen Aktualisierung solcher Aussagen infolge neuer Informationen, zukünftiger Ereignisse oder anderweitiger Gegebenheiten und lehnt jegliche derartige Verpflichtung ab.

News Article | May 16, 2017
Site: www.npr.org

By latest counts, more than 200,000 computers in some 150 countries have been hit by a cyberattack using ransomware called WannaCry or WannaCrypt, which locked the data and demanded payment in bitcoin. The malware was stopped by a young U.K. researcher's lucky discovery of a kill switch, but not before it caused hospitals to divert patients and factories to shut operations. The origins of the malicious software — which feeds on a Microsoft vulnerability — trace back to the National Security Agency: cybertools stolen from the government and posted publicly in April. Microsoft had issued a patch in March. (And here are good tips to generally secure yourself.) "The governments of the world should treat this attack as a wake-up call. ... We need governments to consider the damage to civilians that comes from hoarding these vulnerabilities and the use of these exploits," Microsoft President Brad Smith wrote in a follow-up blog post. "We need the tech sector, customers, and governments to work together to protect against cybersecurity attacks. ... In this sense, the WannaCrypt attack is a wake-up call for all of us." This one, it's a wake-up call. Haven't we heard that somewhere before? In fact, archival searches show the use of the cliché stretching back decades — as far back as the early viruses and worms of the 1980s. "I think people use 'wake-up call' in different ways, but it's generally used to mean to treat cybersecurity like a bona fide national security problem, which we still for the most part don't do," says Philip Reitinger, head of the nonprofit Global Cyber Alliance. "In general, it's 'Gosh, now people will understand, governments and private sector will understand how serious it is — and do something. When the history has shown, no, they won't." Reitinger and numerous others veterans in the field have been making many of the same calls through the years: Commit proper funding, like to any other national security threat; write new laws that would tangibly incentivize and enforce good behavior by companies large and small; put proper priority on creating a system that can defend itself. "I'm tired of people writing reports and recommendations," Reitinger says. "We're not treating this like the moonshot; we just get the words." Well, in the spirit of the focus on words, let's follow it through history. Below is a select taste of some of the major hacks and attacks that were declared to be a "wake-up call" by government officials and security experts. The AP reported on Feb. 26: "The Pentagon's unclassified computer networks were hit this month by the 'most organized and systematic' attack yet." It was later attributed to two California teenagers, guided by an Israeli teen. The AP cited Deputy Defense Secretary John Hamre saying that the government and the private sector had not done enough to protect sensitive networks from attacks. In a story on NPR's All Things Considered, Hamre said: "It was certainly a wake-up call. It certainly is indicative of a future we could be facing that's much more serious. And we need to learn the lessons from this experience and take advantage of it." In a highly publicized denial-of-service attack, a 15-year-old known online as Mafiaboy, brought down Amazon, CNN, Dell, E*Trade, eBay and Yahoo!, which was then the largest search engine. On Feb. 15, then-White House Chief of Staff John Podesta appeared on CNN, saying: In March, the tech panel of the Senate Judiciary Committee held a hearing on cyberterrorism, where subcommittee chairman Sen. Jon Kyl said the attacks "raised public awareness and hopefully will serve as a wake-up call about the need to protect our critical computer networks." SQL Slammer became known as "the worm that crashed the Internet in 15 minutes." In prepared testimony at the House of Representatives, Vincent Gullotto of Anti-Virus Emergency Response Team at Network Associates said: Google disclosed "a highly sophisticated and targeted attack on our corporate infrastructure originating from China that resulted in the theft of intellectual property." It was later dubbed "Operation Aurora," said to have targeted dozens of companies. After Director of National Intelligence Dennis Blair appeared before the Senate intelligence committee, NPR's Mary Louise Kelly reported on All Things Considered on Feb. 2: Stuxnet is a massive computer worm that attacked Iran's industrial equipment, including at a uranium-enrichment facility. On Nov. 17, Symantec executive Dean Turner testified before the Senate Homeland Security Committee: In August, a virus called Shamoon wiped out files from 30,000 corporate computers of the world's largest oil exporter. In a Dec. 7 speech, then-Defense Secretary Chuck Hagel called the attacks on Saudi Aramco and a subsequent attack targeting the Qatari natural gas company RasGas, "a serious wake-up call to everyone." Hagel added: "The United States will continue to help build the capacity of partners and allies to defend their critical infrastructure from cyberattack, especially major energy, infrastructure, and telecommunications facilities." In the massive OPM data breach, hackers stole personal information of more than 20 million current and former federal employees, contractors, family members and others who had undergone federal background checks. In a Time op-ed titled "U.S. Cybersecurity Is Too Weak," Sens. Chris Coons and Cory Gardner of the Senate Foreign Relations Committee wrote: In his own op-ed for Federal News Radio, House Oversight Chairman Jason Chaffetz wrote: "This should serve as a wake-up call to all in government on how to best secure federal IT and data. A shift toward zero trust is one way to improve federal IT security." Hackers attacked a major Internet infrastructure company called Dyn, disrupting websites and services such as Twitter, Amazon, Spotify and Airbnb. The disruptions lasted most of the day, a result of a massive distributed denial-of-service attack delivered through millions of hijacked Internet-connected things such as baby monitors, DVRs and CCTV cameras, infected with Mirai malware. "It's important for [Internet of Things] vendors who haven't prioritized security to take this escalating series of attacks as a wake-up call," The Washington Post quoted Casey Ellis of cybersecurity firm Bugcrowd as saying. "We're entering a period where this is very real, calculable, and painful impact to having insecure products." A House Energy and Commerce panel convened to discuss the security of Internet-connected devices. Rep. Bob Latta, R-Ohio, weighed in: "The recent DDoS attack should serve as a wake-up call that our systems are susceptible to attempts to use IoT devices to wreak havoc."

News Article | April 24, 2017
Site: marketersmedia.com

Global Helium Industry Report covering market by types, Regions, Application, and leading vendor’s profile based on sales, price, sales regions, products, profile etcPune, India - April 24, 2017 /MarketersMedia/ — Global Helium Market 2012- 2022 Report provides detailed analysis of market in 9 chapters with required tables and figures. Access this report at https://www.themarketreports.com/report/global-helium-market-research-2011-2022 Global Helium Market report classifies Helium types as Gaseous Type and Liquid Type. Applications covered in this report are Croygenics Aerostatics Semicconductor & Fiber Optics Leak Detection & Gas Chromatography and Welding. This report also provides key analysis for the geographical regions like Europe, North America, China, Japan & Korea. Companies like RasGas, Exxon, Linde, Air Product, Praxair, Air Liquide, Gazprom, PGNiG and more are profiled in this report providing information on sale, price, sales regions, products and overview. Purchase a copy of this report at: https://www.themarketreports.com/report/buy-now/483899 Table of Contents: 1 Market Overview 1.1 Objectives of Research 1.2 Market Segment 2 Industry Chain 2.1 Industry Chain Structure 2.2 Upstream 2.3 Market 3 Environmental Analysis 3.1 Policy 3.2 Economic 3.3 Technology 3.4 Market Entry 4 Major Vendors 5 Market/Vendors Distribution 5.1 Regional Distribution 5.2 Product and Application 6 Regions Market 6.1 Global 6.2 Europe 6.3 North America 6.4 China 6.5 Japan & Korea 6.6 Trade 7 Forecast 7.1 Market Trends 7.2 Segment Forecast 8 Marketing Overview 8.1 Ex-factory Price 8.2 Buyer Price 8.3 Price Factors 8.4 Marketing Channel 9 Conclusion Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/483899 Contact Info:Name: Shirsh GuptaEmail: sales@themarketreports.comOrganization: The Market ReportsAddress: SF-29, Sacred World, Wanawadi, PunePhone: 6314071315Source URL: http://marketersmedia.com/global-helium-market-is-estimated-to-reach-175-million-usd-in-2017/189675For more information, please visit https://www.themarketreports.com/report/global-helium-market-research-2011-2022Source: MarketersMediaRelease ID: 189675

News Article | May 24, 2017
Site: news.yahoo.com

FILE -- In this Nov. 1, 2006 file photo, a Qatari employee of Al Jazeera Arabic language TV news channel walks past the logo of Al Jazeera in Doha, Qatar. Hackers allegedly broke into the website of Qatar's state-run news agency and published a fake story quoting the ruling emir, authorities there said Wednesday, May 24, 2017, as Saudi Arabia and the United Arab Emirates responded by blocking Qatari media, including broadcaster Al-Jazeera. (AP Photo/Kamran Jebreili, File) DUBAI, United Arab Emirates (AP) — Incendiary statements about Iran and Israel posted on Qatar's state-run news agency that authorities blamed on hackers sparked a regional dispute Wednesday, with the United Arab Emirates and Saudi Arabia blocking Qatari media including Al-Jazeera. The alleged hack and purported fake news exposed real tensions still lingering in the Gulf between Qatar and other nations over the small gas-rich country's support of Islamist groups. While Qatar quickly denied the comments attributed to ruling emir Sheikh Tamim bin Hamad Al Thani, Saudi-owned satellite channels repeatedly aired them throughout the day Wednesday. The incident revived suspicions that exploded into the open three years when several Gulf nations pulled their ambassadors from Qatar over similar worries about its politics. The alleged hack happened early on Wednesday morning and hours later, the website of the Qatar News Agency still was not accessible. The fake article quoted Sheikh Tamim as calling Iran an "Islamic power" and saying Qatar's relations with Israel were "good" during a military ceremony. Online footage of Qatari state television's nightly newscast from Tuesday showed clips of Sheikh Tamim at the ceremony with the anchor not mentioning the comments, though a scrolling ticker at the bottom of the screen had the alleged fake remarks. They included calling Hamas "the legitimate representative of the Palestinian people," as well as saying Qatar had "strong relations" with Iran and the United States. "Iran represents a regional and Islamic power that cannot be ignored and it is unwise to face up against it," the ticker read at one point. "It is a big power in the stabilization of the region." The hackers also purportedly took over the news agency's Twitter feed and posted alleged quotes from Qatar's foreign minister accusing Arab nations of fomenting a plot against his country. A series of tweets said Qatar had ordered its ambassadors to withdraw from Bahrain, Egypt, Kuwait, Saudi Arabia and United Arab Emirates over the plot. The tweets were later deleted. Sheikh Saif Bin Ahmed Al Thani, the director of the Qatari government's communications office, issued a statement saying authorities had launched an investigation. "The statement published has no basis whatsoever and the competent authorities in the state of Qatar will hold all those (who) committed (this) accountable," Sheikh Saif said. The government later called the state TV footage "fake videos." No group immediately claimed responsibility for the alleged hack. Qatar has been targeted by hackers before, however. In May 2016, hackers leaked sensitive information involving thousands of Qatar National Bank customers, purportedly including government employees and members of the ruling family. In 2012, a damaging virus crippled computer systems at Qatari natural gas producer RasGas soon after a similar attack on Saudi Arabia's state-run oil company. Amid Qatar's denials, Saudi-owned satellite television networks immediately began airing repeated stories about the disputed comments. By early Wednesday morning, those living in the UAE and subscribers to local cable providers couldn't access the channels of Al-Jazeera, the pan-Arab satellite broadcaster based in the Qatari capital, Doha. Attempts to reach its websites brought up a warning from the UAE's Telecommunications Regulatory Authority saying the site "contains content that is prohibited." Regulators and government officials in the UAE did not respond to requests for comment. In Saudi Arabia, internet users also found Al-Jazeera websites blocked with a warning from the kingdom's Culture and Information Ministry. Al-Jazeera said it was "studying the reports our channels and digital platforms have been blocked in certain countries in the region." It declined to comment further. Qatar, home to the forward headquarters of the U.S. military's Central Command and some 10,000 American troops, long has faced criticism from its Arab neighbors over its support of Islamists. The chief worry among them is the Muslim Brotherhood, a Sunni Islamist political group outlawed by both Saudi Arabia and the UAE as it challenges the nations' hereditary rule. Gulf countries led by Saudi Arabia fell out with Qatar over its backing of then-Egyptian President Mohammed Morsi, a Brotherhood member. In March 2014, Saudi Arabia, the United Arab Emirates and Bahrain recalled their ambassadors from Qatar over the rift. Eight months later, they returned their ambassadors as Qatar forced some Brotherhood members to leave the country and quieted others. In the time since, Qatar repeatedly and strongly denied it funds extremist groups. However, it remains a key financial patron of the Hamas-controlled Gaza Strip and has been the home of exiled Hamas official Khaled Mashaal since 2012. Western officials also have accused Qatar of allowing or even encouraging funding of Sunni extremists like al-Qaida's branch in Syria, once known as the Nusra Front. As U.S. President Donald Trump arrived in Saudi Arabia this week, Qatar issued a statement decrying "an orchestrated barrage of opinion pieces by anti-Qatar organizations" criticizing it. One of those pieces, suggesting Qatar in 2006 may have let go a Qatari man who became an al-Qaida leader in Afghanistan, came from David A. Weinberg, a senior fellow at the Washington-based Foundation for the Defense of Democracies. "The swift Saudi-Emirati response makes me think they were fishing for a confrontation or this is a convenient pretense ... to address the things already bothering them," Weinberg said. "Qatar likes to write this off as a campaign based on lies and ulterior motives, but if Qatar didn't has the sort of problematic record it has, it wouldn't be the target for this." Associated Press writer Fay Abuelgasim in Dubai, United Arab Emirates, contributed to this report. Follow Jon Gambrell on Twitter at www.twitter.com/jongambrellap . His work can be found at http://apne.ws/2galNpz .

News Article | December 6, 2016
Site: globenewswire.com

HOUSTON, Dec. 06, 2016 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ:RNET), a leading global provider of customized systems and solutions serving customers with complex data networking and operational requirements, today announced that it has been awarded a systems integration contract with Chiyoda Almana Engineering to deliver a reliable communication infrastructure for RasGas Company Limited’s (RasGas) Helium 3 recovery facility based in the Middle East. RigNet will provide a detailed network design and engineering for the new facility. The scope of work also includes Public Address & General Alarm (PAGA), Local Area Network (LAN), Optical Transport Network (OTN), CCTV, structured cabling, access control systems and hotline system. “The goal of this project is to maximize operational uptime for this key processing facility,” said Steven Pickett, RigNet’s CEO and president. “We are proud to provide these services for Chiyoda Almana Engineering as they complete this significant undertaking with RasGas.” About RigNet RigNet (NASDAQ:RNET) is a leading global provider of customized systems and solutions serving customers with complex data networking and operational requirements. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing, crew welfare, asset monitoring and real-time data services. RigNet is based in Houston, Texas and has operations around the globe. For more information on RigNet, please visit www.rig.net. RigNet is a registered trademark of RigNet, Inc. About Chiyoda Almana Engineering LLC Chiyoda Almana was established in 2008 by Chiyoda in collaboration with Almana Trading Company (local Qatari company), to be a Qatar based project delivery service provider to clients in Qatar. Since its establishment, Chiyoda Almana has consistently provided comprehensive services through all phases of the project lifecycle to over 300 projects to Qatari clients in the fields of LNG, gas, oil, petrochemicals and non-hydrocarbon applications. www.chiyoda-almana.com.

RasGas Company and ExxonMobil | Date: 2010-04-13

A bridge plug arrangement includes a plug having an upper end and a bottom end. The bridge plug arrangement also optionally includes a cylindrical seat. The bridge plug arrangement further includes a tubular member. The tubular member may be part of a casing string. The tubular member is configured to receive the plug and, when used, the seat. The plug and/or the seat may be fabricated from a frangible material. A method for diverting fluids in a wellbore using the bridge plug arrangement is also provided. The method may include landing the plug onto the seat within the wellbore below a subsurface zone of interest. Treatment fluids are then injected into the wellbore, where they are diverted through perforations and into a formation. The plug and/or seat is then optionally broken into a plurality of pieces through use of a downward mechanical force.

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