Sevan Marine cuts quarterly loss. Expects this year to ‘remain challenging’

first_imgSevan Marine, a Norwegian provider of cylinder platform design, narrowed its net loss during the first quarter of 2017 despite decrease in revenues. The company on Tuesday posted a net loss of NOK 14.4 million for the first quarter 2017 compared to NOK 96.6 million in the prior-year quarter.Operating revenues for the first quarter of this year declined to NOK 12.1 million, compared to NOK 42.9 million in the corresponding period of 2016. Sequentially, the company’s revenues also declined from NOK 18.3 million due to reduction in study activity in the quarter.The company has a net cash position of NOK 152.3 million and an equity ratio of 66 percent.Looking ahead, the company said it continues to operate in a challenging market where many of its key prospects have been delayed over the past years. Even though there has been an improvement in market sentiment, Sevan said that this year will remain challenging with estimated negative profits and cash flow.Sevan Marine further said it remains optimistic that additional study work can be won in 2017 and 2018 for FPSO, FLNG and HiLoad FRD applications. With prospective licenses from both the Western Isles project and UK Continental Shelf project, late 2017 and 2018 should show improved results, the company added.Offshore Energy Today Stafflast_img read more

Neville, Lineker laud impressive Bukayo Saka

first_imgSaka, who has been impressing in recent weeks, was a substitute for the game against the Toffees, but was introduced to the action after just 18 minutes after Sead Kolasinac was injured.And he played a huge part in his side’s equaliser against Carlo Ancelotti’s side by delivering a wonderful cross for Eddie Nketiah to tap home.Saka looked assured throughout the rest of the match, and speaking on Sky Sports Neville lauded the 18-year-old for his assist.“(Alex) Iwobi goes to sleep a little bit but he doesn’t do too much wrong. But that cross, wow. There is not a lot a defender can do about that and neither can the goalkeeper.“The quality of the cross was absolutely outstanding. All you want is your striker in that position and he (Nketiah) is. He gets a good contact on it. Promoted Content14 Hilarious Comics Made By Women You Need To Follow Right Now8 Things To Expect If An Asteroid Hits Our Planet7 Universities In The World Where Education Costs Too MuchCouples Who Celebrated Their Union In A Unique, Unforgettable WayWhich Country Is The Most Romantic In The World?5 Of The World’s Most Unique Theme Parks7 Ways To Understand Your Girlfriend Better10 Hyper-Realistic 3D Street Art By OdeithA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtWhat Happens To Your Brain When You Play Too Much Video Games?7 Black Hole Facts That Will Change Your View Of The Universe7 Universities In The World With The Highest Market Value Loading… Young Arsenal defender, Bukayo Saka, has had praised heaped upon him by the likes of Gary Neville and Gary Lineker following his performance in the Gunners’ 3-2 win over Everton.Advertisement “It’s harsh to suggest that Arsenal fans were happy that Sead Kolasinac went off but there was a bit of a cheer. What a cross from Saka. I was having a mundane chat because I thought nothing was on.”Match of the Day presenter Lineker seemed equally as impressed by Saka, and took to Twitter to say: “Wonderful cross from the very exciting young talent that is Bukayo Saka. Expertly finished too by Eddie Nketiah.”Saka has now produced four assists in his last four games for the Gunners, and he is clearly one of the most exciting young talents at the club.Arsenal’s win over Everton means they have still lost just once under Mikel Arteta, and they are now just four points off fifth-placed Manchester United as they begin to push for a place in the European qualification spots.FacebookTwitterWhatsAppEmail分享 last_img read more

Luxemburg Speedway postpones season opener

first_imgBy Greg Aregoni LUXEMBURG, Wis. (May 2) – Gene Mathu, promoter of Luxemburg Speedway, has pulled the pin on the opening night race program. “With the amount of rain we have received at the track we have decided we will not put the track or drivers at risk,” he said. “The races were supposed to kick off a much anticipated 2014 season. We wanted to make this thing a go tonight but with the cold and rainy conditions we feel it’s best for everyone especially our dedicated fans.” May 9 will now kickoff the 2014 season at Luxemburg. Drivers in all five divisions head into opening night with their eyes on the championship prize. We will also have the second annual plywood races to end the show.Racing gets underway at 7 p.m. Billy’s on Main will sponsor the night’s festivities.last_img read more

Too many foreigners managing Premier League teams – Giggs

first_img(REUTERS) – There are too many foreign managers in the Premier League and little opportunity for local talents, according to former Manchester United winger and assistant manager Ryan Giggs.Giggs, who was the caretaker boss for four games at United in 2014, was linked with a return to management at Swansea City before American Bob Bradley’s appointment in October and was considered again before Englishman Paul Clement took charge in January.”I don’t think there’s enough (British managers) at the moment,” Giggs told the BBC.“I think it is (important British coaches get a chance). There are a lot of top quality foreign coaches in the Premier League, but there are also a lot of quality British coaches and managers out there.”Seven of the 20 Premier League clubs have British managers, but the current top-seven sides are all managed by foreigners, with Welshman Tony Pulis’ West Bromwich Albion the highest-placed team with a British manager.“If you don’t get the chance, you don’t get the chance to prove what you can do and see what you can do with a talented team,” Giggs added.“As I say, there are quality foreign coaches as well. I just think on the balance, there are too many foreigners at the moment and British coaches probably just don’t get the chances.”last_img read more

Late penalty-kick goal lifts Syracuse women’s soccer over Rhode Island

first_imgSyracuse and Rhode Island were on the verge of heading to overtime tied at zero, despite SU having dominated play.Then, in the 89th minute, a Rhode Island player brought down an Orange forward in the box and SU’s Jessica Vigna converted on the ensuing penalty kick.Behind a strong performance from the defense and goalie Courtney Brosnan, the last-minute gift on the penalty shot was all Syracuse (5-1-1) needed to break through and steal a 1-0 road win.The Orange outshot the Rams 12-6 (1-3-2) and held an advantage in shots on goal with four to Rhode Island’s three.Along with smothering the Rhode Island attack, SU’s defense looked dangerous on offense with defender Taylor Bennett continuing to put shots on net via free kicks and Vigna and Maddie Iozzi creating several chances off corner kicks.AdvertisementThis is placeholder text Comments Facebook Twitter Google+ Published on September 8, 2016 at 10:18 pm Contact Andrew: | @A_E_Grahamlast_img read more

Fan reactions to Syracuse’s 62-55 win over Miami

first_img Published on February 17, 2018 at 2:03 pm [View the story “Fan reactions to Syracuse’s 62-55 win over Miami” on Storify] Comments Facebook Twitter Google+last_img

Results: County Senior Hurling Championship (May 10th)

first_imgFull time results from the two o’clock throw-ins were: JK Brackens 0-15  Moyne/Templetuohy 0-11 Templederry Kenyons 3-15 Ballina 1-12Nenagh Éire Óg 1-18   Clonoulty/Rossmore 2-14 Kildangan 3-15 Thurles Sarsfields 0-12Upperchurch-Drombane 2-16        Moycarkey-Borris 0-16Loughmore-Castleiney 0-16 Killenaule 1-12Éire Óg Anacarty/Donohill 1-14 Lorrha-Dorrha 0-9Kilruane Mac Donaghs 4-10   Drom-Inch 0-13JK Brackens 0-15 Moyne/Templetuohy 0-11Toomevara  2-21    Ballingarry 0-14Portroe 0-21 Moneygall 0-7Silvermines 4-13  Cappawhite 0-10 Elsewhere full-time in the Intermediate Hurling Championship match-ups between St Mary’s and Gortnahoe it finished St Mary’s 0-12 Gorthnahoe 1-13.Kilsheelan Kilcash 1-7 Rockwell Rovers 0-10Ballybacon Grange 0-12 Ballinahinch 2-20last_img read more

Barr qualifys for semi final

first_imgYasmani Copello finished first in heat number 4 of the event, with Barr accelerating in the final 100 metres to qualify automatically for tomorrow’s semi-final. Earlier this morning, Mark English has progressed safely through his heat to book a spot in the mens 800m in this year’s IAAF World Championships. The semi-finals will take place tomorrow at about 1.30pm Irish Time.center_img English finished 5th in his heat but qualified as a fastest loser to progress.last_img

Tipp captain say Cork match will be a ‘cracker’

first_imgThe Premier County face the Rebels in the provincial quarter-final at Semple Stadium on Sunday at 4 o’clock.Michael Ryan and his selectors will announce the Tipp team for the highly anticipated fixture tomorrow night.Brendan says the players have left nothing to chance during their preparations. Tipp FM’s live coverage of the big match gets underway at 3.30pm on Sunday.The Premier County’s Intermediate hurlers also get their Munster Championship campaign on Sunday.They face Cork at Semple Stadium.Throw-in is at 2 o’clock.Tipp FM will have regular updates on this match.last_img read more

Dani Alves: Most Decorated Active Footballer, Third On All-time List

first_imgDani Alves could easily pass for one of the most underrated footballers in the history of the game, but the Brazilian right back at the moment is the most decorated active footballer with 34 titles, and third on the all-time list only behind Maxwell-36 titles and Ryan Giggs-35 titles.It has taken a period of 16 years for the likeable, ever smiling defender to amass his laurels, starting from his first triumph at Brazilian club Bahia: Campeonnato Baiano 2001, to his latest conquest with new club PSG at the weekend: Trophee des Champions.Alves gained global attention at the 2003 FIFA U20 world cup, where he was selected as the third best player at the tournament. He completed a permanent move to Spanish La Liga club, Sevilla in the summer of 2003 going on to spend the next five trophy-laden years at the Seville-based club, recording some landmark achievements including winning successive UEFA Cup titles; 2005-06, 2006-07.A move to Barcelona in 2008 appeared to be deserved, as he was recruited by the Catalan giants in their revolution of the club under the new management of Pep Guardiola. Alves constantly delivered during his eight year career at Barcelona, where he played under four different coaches and was always an undisputed starter.Not surprising for a defender, he never actually got the deserved praises for his contribution to a Barcelona side, whose forwards always grabbed the headlines with each victory and trophy conquest. The 2016 departure of Alves from Barcelona to Juventus on a free transfer exposed numerous deficiencies at the club, thereby highlighting his value to the club.Barcelona to date have failed to find a replacement for the Brazilian at right back, struggled for consistency in both La Liga and UEFA Champions League last season, a competition they were coincidentally knocked out by Juventus in the quarter-final, with Alves playing a huge role in ensuring the famed MSN (Messi, Suarez, Neymar) forward line failed to score a goal in 180 minutes of football over two-legs of the encounter.After spending a season with Juventus, where he earned his third successive league winners medal in two different countries, and also ended up on the losing side in the 2017 UEFA Champions League final, Alves appeared to be headed to Manchester City to reunite with Guardiola after personal wages had been agreed, only for him to make a U-turn at the last minute, rather favouring a move to PSG.Majority felt his switch to the French capital was motivated by money as the Qatari billionaires reportedly doubled the wages offered by Manchester City.The player in his defence insisted that he moved to France because he wanted to be a winner, and he has proven just that, less than a month into his PSG career when he netted his first goal and clinched his first trophy against Monaco at the weekend in Morocco.Considering the two-year deal he signed at PSG, and the quality of the squad on parade at the club, it shouldn’t be surprising if Alves becomes the most decorated footballer of all-time at the end of this season.Relatedlast_img read more