Day: May 25, 2021

First quarter results 2021 HIGHLIGHTSEBITDA of USD 110.8 million Operating cashflow USD 114 million, excluding final settlement of USD 43 million to Petrobras related to Cidade de Sao Mateus Equity ratio 39.7% and USD 294.4 million in available liquidity Successfully completed Floating Wind subsidiary BW Ideol private placement and listing on Euronext Growth Signed USD 4.6 billion, 15-year firm FPSO Services contract for Barossa FPSO with Santos Firm FPSO contract backlog of USD 7 billion at end of March, up from USD 2.6 billion at year end 2020 Recycling of FPSO Berge Helene in April in compliance with Hong Kong convention Cash dividend of USD 0.035 per share Contemplating inaugural green bond issueIn the first quarter, BW Offshore made significant progress in executing the dual-track strategy of evolving the core FPSO business and...

25 May 2021, Limassol, Cyprus SeaBird Exploration Plc announces its first quarter 2021 update and report. Headlines Q1 2021Rebranding and reorganizing into Green Energy Group (SBX Plc, “The Company”) to be proposed to the upcoming AGM Rebranding marks a change in strategy and commitment to the green energy transition Green Energy Group relocates from Cyprus to Norway Offshore seismic business area maintains SeaBird Exploration name and becomes subsidiary of Green Energy Group Completed listing of Green Minerals AS on Euronext Growth Signed LOI with a consortium led by OSI Industries (UK) Ltd for a HEDSMS First ever contract award in offshore wind Awarded OBN source contract for 90 days in the Eastern Hemisphere EBITDA negative $0.5 million on 33% utilization Market conditions improvingThe company will host a webcast at 08:00 CEST today....

According to Steve Muehler, “The global airline industry was value at $686 billion USD in 2020, and due to the COVID-19 Pandemic, it is projected to only reach $776.86 Billion USD here in 2021, but it is expected to return to its more traditional growth pace in 2022. Currently, the aviation industry supports $3.5 Trillion USD of the world’s gross domestic product, which is if it was a country, it would rank 17th in size by GDP. With the new technologies of this industry, including commercial passenger flight of more than mach 1, this industry is going to grow significantly over the next ten plus years.” “We have partnered with some of the leading investment banks in this industry that are currently deploying both debt and equity capital into the aviation markets, both through public financing transactions and private financing transactions....

The declines seemed to be the continuation from last weeks as the trend remains the same even after a two-day break. Major indexes are continuously experiencing sharp drops brought by last week’s data on consumer price changes and producer price changes, which are both higher than estimates. This created a scenario wherein producers may lack the ability to keep up with the demand as the economy continues to improve from the pandemic levels, instilling the fear of price increase. Traders continue to watch these trend to see if intervention from the Federal Reserve will be warranted to curb the rising inflation markers by pulling back policies effective last year, including conducting asset purchases amounting to $120 billion a month and the almost zero interest rates. However, Federal Reserve Chair Jerome Powell, along with other...

Owning a property brings pride and joy in our lives and if we can use this property to raise funds, it can serve more than one purpose. No matter the size or type of property you own, it is possible to use it and get access to funds. You simply need to apply for loan against mortgage. The property should be under your name and it could be idle, in use or even leased out. One of the most common forms of borrowing, it is known as a secured loan and is offered by several lenders in the country. You can be a self employed individual, sole proprietor, partner in a firm or even own a private company. You can raise funds for the business using the property. Hero FinCorp is one of the most reliable lenders in the country and they offer a loan against property. The lender has a strong presence across the length and breadth of the country and they...

In 2020, global sales of battery electric vehicles (BEVs) and other electric vehicles (EVs) were estimated to have reached nearly 2.5 million units, with a 70 percent increase expected in 2021. More than 240 new battery electric trucks (BEV) and plug-in hybrid electric vehicles (PHEV) are expected to hit the market in the next two years. By 2030, it is estimated that 130 million electric cars will be on the road worldwide. To meet this target, massive charging stations will be needed, which will be very costly. Around USD 100 billion to USD 170 billion should be invested in the next ten years to meet worldwide demand for electric vehicle charging stations, both in public spaces and inside homes (2020-2030). For the foreseeable future, charging in residential and industrial buildings will be the most popular option, and it will be critical...

Marseille, France, May 25, 2021 (GLOBE NEWSWIRE) — Pursuant to the article L. 233-8 II of the French “Code de Commerce” and the article 223-16 of the French stock-market authorities (Autorité des Marchés Financiers, or “AMF”) General Regulation, Innate Pharma SA (the “Company” – Euronext Paris: FR0010331421 – IPH; Nasdaq: IPHA) releases its total number of shares outstanding as well as its voting rights as of May 1, 2021:  Total number of shares outstanding: 78,997,540 ordinary shares  6,796 Preferred Shares 2016 7,581 Preferred Shares 2017Total number of theoretical voting rights (1): Total number of exercisable voting rights (2): 79,792,040 79,773,465  (1) The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds....

25 May 2021, Limassol, Cyprus Please find attached SeaBird Exploration’s annual report and integrated ESG report for 2020 approved by the company’s Board of Directors. The report will also be made available at www.sbexp.com. The company’s consolidated financials have been adjusted compared to the unaudited quarterly results announced on 29 January 2021. The adjustments reflect both reclassifications in presentation and additional accruals for post-balance sheet events and impairment charges. Total effect is an increase of loss of $1.7 million in the company’s consolidated statement of income for 2020. Contacts: Erik von KroghCFOPh: +47 930 38 075 All statements in this press release other than statements of historical fact are forward-looking statements and are subject to a number of risks, uncertainties and assumptions that are difficult...

WISeKey and Parrot strengthen partnership on drone security In the wake of the recent evolutions of drone regulation, the two partners are combining their technology and expertise in digital security to increase security standards in the drone industry. Their common objective is to bring trust, while a growing number of public and private organizations rely significantly on drone services for their activities. Paris, France – Geneva, Switzerland – May 25, 2021: WISeKey International Holding Ltd (“WISeKey,” SIX: WIHN / Nasdaq: WKEY), a leading global cybersecurity, AI and IoT company, announced today that it is strengthening its partnership with Parrot, the leading European drone group. WISeKey will not only be securing Parrot’s drones, it is also entering into a new collaboration with Parrot and with a leading cybersecurity certification...

MARSEILLE, France, May 25, 2021 (GLOBE NEWSWIRE) — Pursuant to the article L. 233-8 II of the French “Code de Commerce” and the article 223-16 of the French stock-market authorities (Autorité des Marchés Financiers, or “AMF”) General Regulation, Innate Pharma SA (the “Company” – Euronext Paris: FR0010331421 – IPH; Nasdaq: IPHA) releases its total number of shares outstanding as well as its voting rights as of May 1, 2021:Total number of shares outstanding: 78,997,540 ordinary shares  6,796 Preferred Shares 2016  7,581 Preferred Shares 2017Total number of theoretical voting rights (1): 79,792,040Total number of exercisable voting rights (2): 79,773,465(1) The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds. In...