Business Wire News

LOS ANGELES--(BUSINESS WIRE)--AECOM (NYSE:ACM), the world’s premier infrastructure consulting firm, today announced that it intends to release its first quarter fiscal 2021 financial results after market close on Monday, February 8, 2021. The Company will also host a conference call and webcast with analysts and investors on February 9, 2021 at noon Eastern Time, during which management will present the Company's first quarter fiscal 2021 financial results, strategic accomplishments and market trends.

In addition, AECOM announced today that it will host a virtual Investor Day on Tuesday, February 16, 2021 at noon Eastern Time, during which management will present the Company’s strategy update and provide long-term financial guidance as the Company delivers on its Think and Act Globally strategy.

The live webcast and replay of both events will be available online at https://investors.aecom.com. The site will also host the associated presentation slides containing additional financial and operating information on the day of the respective events.

The first quarter fiscal 2021 earnings conference call can be accessed directly by dialing 833-231-8276 (U.S. or Canada) or 647-253-8791 (international) and entering passcode 2782484. The 2021 Investor Day can be accessed directly via conference call through the same dial-in numbers and entering passcode 9964335.

About AECOM

AECOM (NYSE:ACM) is the world’s premier infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.2 billion in fiscal year 2020. See how we deliver what others can only imagine at aecom.com and @AECOM.

###


Contacts

Investor Contact:
Will Gabrielski
Senior Vice President, Investor Relations
213.593.8208
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Media Contact:
Brendan Ranson-Walsh
Vice President, Global Communications & Corporate Responsibility
213.996.2367
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HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today announced it has received a $3 million grant from the U.S. Department of Energy to advance the development of high-performance reversible solid oxide fuel cells.


Phillips 66 will collaborate with the Georgia Institute of Technology (Georgia Tech) to demonstrate the commercial feasibility of a low-cost and highly efficient reversible solid oxide fuel cell (RSOFC) system for hydrogen and electricity generation. The technology is one of many Phillips 66 is pursuing as part of its commitment to a sustainable, lower-carbon energy future.

“Our scientists and engineers are at the forefront of solid oxide fuel cell technology,” said Ann Oglesby, VP, Energy Research & Innovation at Phillips 66. “We are pleased to partner with Georgia Tech to demonstrate the commercial feasibility of this innovative reversible system.”

SOFCs are ceramic devices that generate electricity efficiently, with low emissions and at a competitive cost by oxidizing a fuel, such as hydrogen or natural gas, through electrochemical reactions rather than combustion. They have a lower carbon footprint compared with conventional power plants and are an ideal technology for the capture of carbon dioxide.

Reversible SOFCs allow for the fuel cells to operate in either power generation mode, as a solid oxide fuel cell, or reverse mode, as a solid oxide electrolysis cell. In the latter, electricity is applied to the cells to produce hydrogen, a low-emission fuel, through electrolysis.

Phillips 66 has made significant technical progress in the area of solid oxide fuel cells and holds eight U.S. granted patents and 22 pending U.S. patent applications in its SOFC intellectual property portfolio.

The grant was awarded by the Department of Energy’s Office of Fossil Energy. Phillips 66 will be the research lead on the grant, with Georgia Tech as a collaborative partner.

About Phillips 66

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,500 employees committed to safety and operating excellence. Phillips 66 had $54 billion of assets as of Sept. 30, 2020. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.


Contacts

Jeff Dietert, 832-765-2297 (investors)
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Shannon Holy, 832-765-2297 (investors)
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Thaddeus Herrick, 855-841-2368 (media)
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HOUSTON--(BUSINESS WIRE)--Hilcorp Energy I, L.P., a Texas limited partnership (the “Partnership”), announced today the results to date of its pending dual cash tender offers (the “Offers”) to purchase up to $700,000,000 aggregate principal amount of its outstanding 5.0% Senior Notes due 2024 (the “2024 Notes”) and 5.75% Senior Notes due 2025 (the “2025 Notes” and collectively, the “Notes”). The Partnership is conducting the Offers pursuant to its Offer to Purchase dated January 7, 2021 (the “Offer to Purchase”), as amended by this announcement.


In the Offer to Purchase, the Partnership stated that it would not accept for purchase more than $250,000,000 aggregate principal amount of 2025 Notes pursuant to the Offer to purchase 2025 Notes, and referred to such limit as the “2025 Series Cap.” By this announcement, the Partnership is amending the Offer to Purchase to increase the 2025 Series Cap to $266,484,000 aggregate principal amount of 2025 Notes. All other terms of the Offers remain unchanged.

Based on information provided by Global Bondholder Services Corporation, the tender agent for the Offers, the following table sets forth the aggregate principal amounts of each series of Notes that were validly tendered (and not validly withdrawn) as of 5:00 p.m., New York City time, on January 21, 2021 (the “Early Tender Date”) and the principal amounts that, subject to satisfaction of the conditions to the Offers, the Partnership expects to accept for purchase pursuant to the Offers:

Title of Notes

 

CUSIP Numbers

 

Acceptance
Priority
Level

 

Aggregate
Principal
Amount
Outstanding(1)

 

Total
Consideration
(2)(3)(4)

 

Principal
Amount
Tendered

 

Principal
Amount
Expected to Be
Accepted for
Purchase

5.0% Senior Notes
due 2024

 

144A: 431318 AN4

Regulation S: U43279 AF2

 

1

 

$        500,000,000

 

$          1,019.17

 

$        362,976,000

 

$          362,976,000

5.75% Senior Notes
due 2025

 

144A: 431318 AQ7

Regulation S: U43279 AG0

 

2

 

$        500,000,000

 

$          1,025.00

 

$        266,484,000

 

$          266,484,000

________________________________

(1)

As of the date of the Offer to Purchase.

(2)

Dollars per $1,000 principal amount of Notes.

(3)

Holders will also receive accrued and unpaid interest from the applicable last interest payment with respect to the Notes accepted for purchase to, but not including, the Early Settlement Date (as defined below).

(4)

Includes the Early Tender Premium of $30 per $1,000 principal amount of Notes.

Subject to satisfaction of the conditions to the Offers as set forth in the Offer to Purchase, the Company expects to accept and pay for Notes tendered prior to the Early Tender Date, on or about January 22, 2021 (the “Early Settlement Date”).  Holders of Notes that have been tendered for purchase at or prior to the Early Tender Date, not withdrawn at or prior to 5:00 p.m., New York City time, on January 21, 2021, and accepted for purchase will receive the applicable Total Consideration for such Notes set forth in the table above.

The Offers are scheduled to expire at midnight, New York City time, at the end of February 4, 2021.  However, because the aggregate principal amount of 2025 Notes tendered and not withdrawn prior to the applicable Early Tender Date (as defined below) was not less than the 2025 Series Cap (as increased by this announcement), the Partnership does not currently expect to accept for purchase any 2025 Notes tendered pursuant to the applicable Offer after the applicable Early Tender Date.

The dealer manager for the Offers is BofA Securities, Inc. Any questions regarding the terms of the Offers should be directed to the dealer manager at (980) 388-3646 (all call) or This email address is being protected from spambots. You need JavaScript enabled to view it.. The information agent and tender agent is Global Bondholder Services Corporation.  Any questions regarding procedures for tendering Notes or requests for copies of the Offer to Purchase or other documents relating to the Offers should be directed to the information agent for the Offers at (866) 470-4300 (toll-free), (212) 430-3774 (banks and brokers only) or This email address is being protected from spambots. You need JavaScript enabled to view it., or by visiting www.gbsc-usa.com/HEI.

This press release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities.  No offer, solicitation, purchase or sale will be made in any jurisdiction in which such offer, solicitation, or sale would be unlawful.  The offer is being made solely pursuant to the terms and conditions set forth in the Offer to Purchase.  The Company's obligation to accept for purchase and to pay for the Notes validly tendered in any Offer is subject to and conditioned on the satisfaction or waiver of the conditions described in the Offer to Purchase.


Contacts

Nick Piatek, 713-209-2400
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DALLAS--(BUSINESS WIRE)--Energy Transfer Operating, L.P. today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETPprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETPprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETPprE). These cash distributions will be paid on February 16, 2021 to Series C, Series D and Series E unitholders of record as of the close of business on February 1, 2021.


About Energy Transfer

Energy Transfer Operating, L.P. owns and operates one of the largest and most diversified portfolios of energy assets in the United States. Strategically positioned in all of the major U.S. production basins, its core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. Energy Transfer Operating, L.P. also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interest and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC). Energy Transfer Operating, L.P.’s general partner is owned by Energy Transfer LP (NYSE: ET). For more information, visit the Energy Transfer website at www.energytransfer.com.

Forward Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in Energy Transfer Operating, L.P.’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. In addition to the risks and uncertainties previously disclosed, the Partnership has also been, or may in the future be, impacted by new or heightened risks related to the COVID-19 pandemic and the recent decline in commodity prices, and we cannot predict the length and ultimate impact of those risks. Energy Transfer Operating, L.P. undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

This release serves as qualified notice to nominees as provided for under Treasury Regulation section 1.1446-4(b)(4) and (d). Please note that 100 percent of Energy Transfer Operating, L.P.’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Energy Transfer Operating, L.P.’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Energy Transfer Operating, L.P., are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

The information contained in this press release is available on our website at energytransfer.com.


Contacts

Energy Transfer
Investor Relations:
Lyndsay Hannah, William Baerg, Brent Ratliff, 214-981-0795
or
Media Relations:
Vicki Granado, 214-840-5820

 

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing 2020 earnings results on Monday, February 15, 2021 and will host a live conference call and webcast on Tuesday, February 16, 2021 at 10:00 a.m. CT to discuss the corporation’s financial and operating performance.

Accompanying slides will be posted on the corporation’s website before the webcast begins. To access the live webcast, go to www.ottertail.com/presentations and select “Webcast.” Please allow time prior to the call to visit the site and download any software required to listen. A copy of the webcast will be available on the corporation’s website shortly after the call.

Dial 877-312-8789 to be able to ask a question during the conference call, or dial 866-634-1342 to listen only. Please contact Loren Hanson at 218-739-8481 or This email address is being protected from spambots. You need JavaScript enabled to view it. with any questions on how to participate.

About Otter Tail Corporation: Otter Tail Corporation has interests in diversified operations that include an electric utility and manufacturing businesses. Otter Tail Corporation stock trades on the NASDAQ Global Select Market under the symbol OTTR. The latest investor and corporate information is available at www.ottertail.com. Corporate offices are located in Fergus Falls, Minnesota, and Fargo, North Dakota.


Contacts

Loren Hanson, 218-739-8481
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SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today that it is reducing the size of its leadership team and realigning several functions as it focuses on efficiency and cost reductions. The Company is eliminating leadership positions in the areas of public affairs, exploration and development, investor relations and finance, and implementing the following functional realignment: (1) reporting to Mac McFarland (interim CEO) will be Francisco Leon (Chief Financial Officer), Mike Preston (Chief Administrative Officer and General Counsel), Shawn Kerns (Executive Vice President, Operations and Engineering), and Carlos Contreras (Senior Vice President, Commercial); (2) Mr. Leon’s functional responsibilities will include finance and planning, reserves, business development, investor relations and supply chain; (3) Mr. Preston will have responsibility for legal, IT, human resources and government and external affairs; (4) Mr. Kerns will have responsibility for all aspects of operations and development; and (5) Mr. Contreras will lead the marketing function. These organizational changes, when fully implemented, are expected to reduce the Company’s run rate costs by approximately $8 million per year (representing a 22% reduction in senior leadership team costs)1 and result in one-time charges of approximately $5 million.


Mr. McFarland said: “This streamlined leadership team is the first step in better positioning the Company to focus on implementing additional cost reductions, maintaining our capital discipline and asset rationalization through our full-scale Business Review. We will continue to maintain our focus on safe and environmentally responsible operations as we implement changes to the Company’s organization and strategic direction.”

Investor Presentation Available

The Company today posted an updated investor presentation to the Investor Relations page of its website at www.crc.com.

Forward-Looking Statement Disclosure

All statements, except for statements of historical fact, made in this release regarding activities, events or developments the Company expects, believes or anticipates will or may occur in the future, are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements speak only as of the date of this release. Although the Company believes that the plans, intentions and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Except as required by law, the Company expressly disclaims any obligation to and does not intend to publicly update or revise any forward-looking statements.

The Company cautions you that these forward-looking statements are subject to all of the risks and uncertainties incident to the Company’s business, most of which are difficult to predict and many of which are beyond the Company’s control. These risks include, but are not limited to, the risks described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 and its subsequently filed Quarterly Reports on Form 10-Q.

About California Resources Corporation

California Resources Corporation is the largest oil and natural gas exploration and production company in California. The Company operates exclusively within the State of California, applying complementary and integrated infrastructure to gather, process and market its production. Using advanced technology, the Company focuses on safely and responsibly supplying affordable energy for California by Californians.

1 Calculations based on 2020 run rate at target. “Senior leadership team” consists of Vice Presidents and more senior positions, including the CEO position.


Contacts

Joanna Park (Investor Relations)
(818) 661-3731
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Margita Thompson (Media)
(818) 661-6015
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DUBLIN--(BUSINESS WIRE)--The "Cybersecurity in Oil and Gas - Thematic Research" report has been added to ResearchAndMarkets.com's offering.


The oil and gas industry increasingly relies on digital technologies to transform itself in the 21st century. But this digital transformation also opens the door for cyberattacks.

As increasing volumes of data are being stored on networked servers, there is a higher probability of this data getting targeted by hackers. Each node in a company's network, whether a computer terminal, a cell phone, sensors, or a networked camera, can become an entry point for hackers. Due to the increasingly connected nature of the oil and gas value chain, cyberattacks on one company could cripple operations across several entities. The oil and gas industry needs a clear strategy to tackle cyberattacks and therefore, cybersecurity has become a critical theme.

Scope

  • This report assesses the importance of the cybersecurity theme for the oil and gas industry as it attempts to digitalize its processes and workflows.
  • It highlights the increasing threat of cyberattacks and its potential impact on oil and gas operations.
  • It also discusses some of the measures that can be undertaken to avert cyberattacks.
  • The report evaluates the role of oil and gas companies in improving cybersecurity within the industry.

Reasons to Buy

  • Impact of cybersecurity in oil and gas industry
  • Understand the key cybersecurity trends in the oil and gas industry
  • Review of some of the case studies highlighting the cybersecurity in oil and gas industry
  • Identify and benchmark key oil and gas companies adopting cybersecurity

Key Topics Covered:

1. Impact on Oil and Gas Industry

  • Case Studies

2. Players

3. Technology Briefing

4. Trends

  • Oil and Gas Trends
  • Technology Trends
  • Macroeconomic Trends
  • Regulatory Trends

5. Industry Analysis

  • The Third Wave of Cybersecurity
  • Market Size and Growth Forecasts
  • AI Technologies are Changing Cybersecurity
  • Understanding the Malware Threat
  • Mergers and Acquisitions
  • Venture Funding for Cybersecurity Companies
  • Timeline

6. Value Chain

  • The Cyber-Aware Organization
  • The Cybersecurity Organizational Stack
  • The Cybersecurity Technology Stack

7. Companies

  • Oil and Gas Companies
  • Technology Companies

8. Glossary

9. Further Reading

10. Appendix: Thematic Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/dbqnnc


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “CEQP”) announced today that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $0.625 per limited partner unit ($2.50 annually) for the quarter ended December 31, 2020, which is flat quarter over quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on February 12, 2021, to unitholders of record as of February 5, 2021.


Crestwood plans to report financial results for the fourth quarter 2020 and provide 2021 guidance on Tuesday, February 23, 2021, before the New York Stock Exchange opens for trading. Following the announcement, management will host a conference call for investors and analysts at 9:00 a.m. Eastern Time (8:00 a.m. Central Time) that day to discuss the operating and financial results. Crestwood will provide an update on its operations and financial strategy at that time. The call will be broadcast live over the internet via audio webcast. Investors will be able to connect to the webcast via the “Investors” page of Crestwood’s website at www.crestwoodlp.com. Please log in at least ten minutes in advance to register and download any necessary software. A replay will be available shortly after the call for 90 days.

About Crestwood Equity Partners LP

Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that owns and operates midstream businesses in multiple shale resource plays across the United States. Crestwood is engaged in the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation, terminalling, and marketing of NGLs; gathering, storage, terminalling and marketing of crude oil; and gathering and disposal of produced water. Visit Crestwood Equity Partners LP at www.crestwoodlp.com; and to learn more about Crestwood’s sustainability efforts, please visit https://esg.crestwoodlp.com.

Forward Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal securities law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. These risks and assumptions are described in Crestwood’s annual reports on Form 10-K and other reports that are available from the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management’s view only as of the date made. We undertake no obligation to update any forward-looking statement, except as otherwise required by law.

Tax Notice to Foreign Investors

This release serves as qualified notice to nominees under Treasury Regulation Sections 1.1446-4(b)(4) and (d). Please note that 100% of Crestwood’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Crestwood’s distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not Crestwood, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.


Contacts

Crestwood Equity Partners LP
Investor Contacts

Josh Wannarka, 713-380-3081
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Senior Vice President, Investor Relations, ESG & Corporate Communications

Rhianna Disch, 713-380-3006
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Director, Investor Relations

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today it will host virtual investor meetings at the U.S. Capital Advisors Midstream Corporate Access Day Monday, January 25, 2021.


A copy of the latest investor slides may be accessed under the Investors tab on the Enterprise website at www.enterpriseproducts.com.

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Our services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and export and import terminals; crude oil gathering, transportation, storage and export and import terminals; petrochemical and refined products transportation, storage, export and import terminals and related services; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity.


Contacts

Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745
Rick Rainey, Media Relations (713) 381-3635

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus”) today announced that its Board of Directors has approved the payment of a cash dividend of $0.09 per share of Class A common stock to be paid on March 18, 2021 to holders of record of Class A common stock at the close of business on March 1, 2021. A corresponding distribution of up to $0.09 per CW Unit has also been approved for holders of CW Units of Cactus Wellhead, LLC.

Declarations of any dividends in the future, and the amount of any such dividends, are subject to approval by Cactus’ Board of Directors.

About Cactus, Inc.

Cactus designs, manufactures, sells and rents a range of highly engineered wellhead and pressure control equipment. Its products are sold and rented principally for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of its customers’ wells. In addition, it provides field services for all its products and rental items to assist with the installation, maintenance and handling of the wellhead and pressure control equipment. Cactus operates service centers in the United States, which are strategically located in the key oil and gas producing regions, including the Permian, SCOOP/STACK, Marcellus, Utica, Haynesville, Eagle Ford and Bakken, among other areas, and in Eastern Australia.


Contacts

Cactus, Inc.
John Fitzgerald, 713-904-4655
Director of Corporate Development and Investor Relations
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DUBLIN--(BUSINESS WIRE)--The "Global Petroleum Sorbent Pads Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.


The publisher has been monitoring the petroleum sorbent pads market and it is poised to grow by $32.29 million during 2021-2025, progressing at a CAGR of 5% during the forecast period. The report on petroleum sorbent pads market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the adverse effects of oil spills and stringent safety regulations.

The petroleum sorbent pads market analysis includes the end-user segment and geographical landscapes. This study identifies the increasing incidents of oil spills and pipeline ruptures as one of the prime reasons driving the petroleum sorbent pads market growth during the next few years.

Companies Mentioned

  • 3M Co.
  • Brady Corp.
  • Chemtex LLC
  • Darcy Products Ltd.
  • ENPAC
  • GEI Works Inc.
  • Global Spill Control
  • New Pig Corp.
  • NPS Corp.
  • Oil-Dri Corporation of America

The report on the petroleum sorbent pads market covers the following areas:

  • Petroleum sorbent pads market sizing
  • Petroleum sorbent pads market forecast
  • Petroleum sorbent pads market industry analysis

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Key Topics Covered:

1. Executive Summary

  • Market Overview

2. Market Landscape

  • Market ecosystem
  • Value chain analysis

3. Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

4. Five Forces Analysis

  • Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

5. Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Oil and gas industry - Market size and forecast 2020-2025
  • Chemical industry - Market size and forecast 2020-2025
  • Manufacturing industry - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by End-user

6. Customer Landscape

7. Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

8. Vendor Landscape

  • Vendor landscape
  • Landscape disruption

9. Vendor Analysis

  • Vendors covered
  • Market positioning of vendors

10. Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/59tu75


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

HOUSTON--(BUSINESS WIRE)--Magellan Midstream Partners, L.P. (NYSE: MMP) and Enterprise Products Partners L.P. (NYSE:EPD) today announced that affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area in response to market interest for a Houston-based index with greater scale, flow assurance and price transparency. The quality specifications will be consistent with a West Texas Intermediate (“WTI”) crude oil originating from the Permian Basin with delivery capabilities at either Magellan’s East Houston terminal or Enterprise’s ECHO terminal in Houston.


“The industry-recognized quality and consistency of Midland WTI crude oil at Magellan’s East Houston terminal, combined with flexible and reliable market access offered by both Magellan and Enterprise, make this joint effort a logical advancement for crude oil futures to provide added value for our customers, both domestically and globally,” said Michael Mears, Magellan’s chief executive officer.

“We are pleased to join with Magellan on this initiative, which will provide customers with enhanced flexibility, connectivity, market access and price transparency for their physical barrels of crude oil,” said A.J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner. “This project will leverage the strengths of two major midstream infrastructure systems, featuring five pipelines serving the Permian Basin capable of delivering 2 million barrels per day of crude oil into the Houston market (with the potential for third-party pipelines to double the capacity of Permian Basin crude oil into the market), a robust Gulf Coast storage position, redundant connectivity to every refinery in the Houston area, and access to the largest network of crude oil export terminals located along the Houston Ship Channel.”

Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and crude oil. Magellan owns the longest refined petroleum products pipeline system in the country, with access to nearly 50% of the nation’s refining capacity, and can store more than 100 million barrels of petroleum products such as gasoline, diesel fuel and crude oil. More information is available at www.magellanlp.com.

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Our services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and export and import terminals; crude oil gathering, transportation, storage and export and import terminals; petrochemical and refined products transportation, storage, export and import terminals and related services; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 Bcf of natural gas storage capacity. Please visit www.enterpriseproducts.com for more information.

This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner, as well as Magellan expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprises and Magellan’s reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise and Magellan do not intend to update or revise their respective forward-looking statements, whether as a result of new information, future events or otherwise.


Contacts

Magellan Contacts
Paula Farrell, Investor Relations (918) 574-7650, This email address is being protected from spambots. You need JavaScript enabled to view it.
Bruce Heine, Media Relations (918) 574-7010, This email address is being protected from spambots. You need JavaScript enabled to view it.

Enterprise Contacts
Randy Burkhalter, Investor Relations (713) 381-6812 or (866) 230-0745, This email address is being protected from spambots. You need JavaScript enabled to view it.
Rick Rainey, Media Relations (713) 381-3635, This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Noble Midstream Partners LP (NASDAQ: NBLX) (the “Partnership”) will host its fourth-quarter 2020 results webcast and conference call at 9:00 a.m., Central Time, Friday, February 12, 2021.


A webcast link and related presentation material will be accessible on the ‘Investors’ page of the Partnership’s website at www.nblmidstream.com. A replay of the event will be provided at the same location following the event. Conference call numbers for participation during the question and answer session are:

Date: Friday, February 12, 2021
Time: 9:00 a.m. Central Time
Toll Free Dial in: 877-883-0383
International Dial in: 412-902-6506
Conference ID: 8383676

About Noble Midstream Partners

Noble Midstream is a master limited partnership originally formed by Noble Energy, Inc. and majority-owned by Chevron Corp. to own, operate, develop and acquire domestic midstream infrastructure assets. Noble Midstream currently provides crude oil, natural gas, and water-related midstream services and owns equity interests in oil pipelines in the DJ Basin in Colorado and the Delaware Basin in Texas. Noble Midstream strives to be the midstream provider and partner of choice for its safe operations, reliability, and strong relationships while enhancing value for all stakeholders. For more information, please visit www.nblmidstream.com.


Contacts

Noble Midstream Partners
Park Carrere
Investor Relations
(281) 872-3208
This email address is being protected from spambots. You need JavaScript enabled to view it.

Shape strategic responses through the phases of industry recovery

AMATSUJI STEEL BALL MFG. Co. Ltd., Compagnie de Saint-Gobain SA and CoorsTek Inc. will emerge as major ceramic balls market participants during 2021-2025

LONDON--(BUSINESS WIRE)--#GlobalCeramicBallsMarket--The ceramic balls market is expected to grow by USD 305.62 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the ceramic balls market in optimistic, probable, and pessimistic forecast scenarios.



Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19

The ceramic balls market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the next normal.

This post-pandemic business planning research will aid clients to:

  • Adjust their strategic planning to move ahead once business stability kicks in.
  • Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
  • Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure. Click here

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

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Global Extruded Polypropylene Foam Market- The extruded polypropylene foam market is segmented by application (transport, packaging, building and construction, and others) and geography (APAC, Europe, North America, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

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Major Three Ceramic Balls Market Participants:

AMATSUJI STEEL BALL MFG. Co. Ltd.

AMATSUJI STEEL BALL MFG. Co. Ltd. operates the business through the Unified segment. The company offers two types of balls made of ceramics namely, non-oxide ceramics (such as silicon nitride) and oxide ceramics (such as alumina and zirconia).

Compagnie de Saint-Gobain SA

Compagnie de Saint-Gobain SA operates the business through various segments such as High-Performance Solutions, Northern Europe, Southern Europe, Middle East, and Africa, the Americas, and Asia-Pacific. The company offers spherical ceramic balls that are used for applications including ceramic aerospace bearings, ceramic automotive bearings, float or level sensing, flow metering, gauging or alignment, valves, sprayers and pumps, and pollution or vapor control systems.

CoorsTek Inc.

CoorsTek Inc. operates the business through various segments such as Products, Materials, and Services. The company offers ceramic balls to be used in refining, petrochemical, and gas processing applications.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/ceramic-balls-market-industry-analysis

Ceramic Balls Market 2021-2025: Segmentation

The ceramic balls market is segmented as below:

  • End-user
    • Oil And Gas
    • Petrochemicals
    • Process Industry
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • MEA
    • South America

The ceramic balls market is driven by the substitution of steel balls with ceramic balls. In addition, other factors such as the substitution of steel balls with ceramic balls are expected to trigger the ceramic balls market toward witnessing a CAGR of almost 13% during the forecast period.

Get more insights about the global trends impacting the future of ceramic balls market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR46653

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.technavio.com/

CANONSBURG, Pa.--(BUSINESS WIRE)--#ETRN--Equitrans Midstream Corporation (NYSE: ETRN) today declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the fourth quarter 2020. The dividends will be paid on February 12, 2021, to all applicable ETRN shareholders of record at the close of business on February 3, 2021.


About Equitrans Midstream Corporation:

Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located assets in the Marcellus and Utica regions, ETRN has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.

For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.

Source: Equitrans Midstream Corporation


Contacts

Analyst inquiries:
Nate Tetlow – Vice President, Corporate Development and Investor Relations
412.553.5834
This email address is being protected from spambots. You need JavaScript enabled to view it.

Media inquiries:
Natalie A. Cox – Communications and Corporate Affairs
412.395.3941
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LONDON--(BUSINESS WIRE)--#GlobalLandingStringEquipmentMarket--The landing string equipment market is poised to grow by USD 310.00 million during 2021-2025 progressing at a CAGR of over 6% during the forecast period.



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The report on the landing string equipment market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in landing string control systems.

The landing string equipment market analysis includes the application and geography landscape. This study identifies the increase in global offshore rig count as one of the prime reasons driving the landing string equipment market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The landing string equipment market covers the following areas:

Landing String Equipment Market Sizing
Landing String Equipment Market Forecast
Landing String Equipment Market Analysis

Companies Mentioned

  • Enovate Systems Ltd.
  • Expro Holdings UK2 Ltd.
  • National Oilwell Varco Inc.
  • Quail Tools LP
  • Schlumberger Ltd.
  • Superior Energy Services Inc.
  • thyssenkrupp AG
  • Vallourec SA
  • WellPartner AS
  • Yantai Enerserva Machinery Co. Ltd.

Related Reports on Energy Include:

Global Petroleum Sorbent Pads Market- The petroleum sorbent pads market is segmented by end-user (oil and gas industry, chemical industry, manufacturing industry, and others), geography (North America, APAC, Europe, MEA, and South America), and key vendors. Click Here to Get an Exclusive Free Sample Report

Global Wet gas Meters Market- The wet gas meters market is segmented by application (onshore and offshore) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five force summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Deepwater - Market size and forecast 2020-2025
  • Ultra-deepwater - Market size and forecast 2020-2025
  • Shallow water - Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor Landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Enovate Systems Ltd.
  • Expro Holdings UK2 Ltd.
  • National Oilwell Varco Inc.
  • Quail Tools LP
  • Schlumberger Ltd.
  • Superior Energy Services Inc.
  • thyssenkrupp AG
  • Vallourec SA
  • WellPartner AS
  • Yantai Enerserva Machinery Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.technavio.com/

 

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News:


TechnipFMC plc (NYSE: FTI) (Paris: FTI) (ISIN:GB00BDSFG982), in anticipation of the previously announced planned separation (the “Spin-off”) into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider, and Technip Energies, a leading engineering and technology player, announced today that TechnipFMC priced its previously announced offering of $1,000,000,000 aggregate principal amount of 6.500% senior unsecured notes due 2026 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the Notes to be issued in the offering has been increased from the previously announced $850,000,000 to $1,000,000,000. TechnipFMC intends to use the net proceeds from the offering of the Notes, together with cash on hand, to (i) fully repay and terminate certain of TechnipFMC’s existing indebtedness, (ii) pay fees and expenses related to the Spin-off and (iii) provide working capital and for general corporate purposes for TechnipFMC. The closing of the offering is anticipated to take place on or about January 29, 2021, subject to customary closing conditions.

The Spin-off is expected to be completed in the first quarter of 2021, subject to customary conditions and regulatory approvals. In order to provide flexibility in the current environment, if the Spin-off is not consummated on or prior to July 31, 2021 or the Spin-off is terminated or abandoned at any time prior to July 31, 2021, then TechnipFMC will be required to redeem all of the Notes at a redemption price equal to 100% of the aggregate principal amount of the Notes, plus accrued and unpaid interest, if any, to but not including the date of the redemption, which shall be determined in accordance with the confidential offering memorandum.

The Notes have not been and will not be registered under the Securities Act or the securities laws of any jurisdiction, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of these Notes or any security, nor shall there be any sale of the Notes, in any jurisdiction in which such offer, solicitation or sale would be unlawful. This notice is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

Any offer of the securities in any Member State of the European Economic Area will be made pursuant to an exemption under Regulation (EU) 2017/1129 (the “Prospectus Regulation”) from the requirement to publish a prospectus for offers of securities. MiFID II professionals/ECPs-only / No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (“KID”) has been or will be prepared as not available to retail investors in the European Economic Area.

In the United Kingdom, this announcement and any other material in relation to the Notes are being distributed only to, and are directed only at, persons who are “qualified investors” (as defined in Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the “UK Prospectus Regulation)) who are (i) persons having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Order"), or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order, or (iii) persons to whom it would otherwise be lawful to distribute it, all such persons together being referred to as "Relevant Persons". In the United Kingdom, the Notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such Notes will be engaged in only with, Relevant Persons. Any person in the United Kingdom that is not a Relevant Person should not act or rely on this announcement or its contents. The Notes are not being offered to the public in the United Kingdom. UK MiFIR product governance / Professional investors and ECPs only target market – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No KID has been or will be prepared as not available to retail investors in the United Kingdom.

About TechnipFMC

TechnipFMC is a global leader in the energy industry; delivering projects, products, technologies and services. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our customers’ project economics.

Organized in three business segments — Subsea, Surface Technologies and Technip Energies — we are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our customers in developing their energy resources and in their positioning to meet the energy transition challenge.

Each of our approximately 36,000 employees is driven by a steady commitment to clients and a culture of project execution, purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.

Forward-Looking Statements

This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Words such as “expect,” “plan,” “intend,” “would,” “will,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, and include any statements with respect to the potential separation of the Company into TechnipFMC and Technip Energies, the expected financial and operational results of TechnipFMC and Technip Energies after the potential separation and expectations regarding TechnipFMC’s and Technip Energies’ respective capital structures, businesses or organizations after the potential separation. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, our filings with the Autorité des marchés financiers or the U.K. Financial Conduct Authority, as well as the following:

  • risks associated with disease outbreaks and other public health issues, including the coronavirus disease 2019 (COVID-19), their impact on the global economy and the business of our company, customers, suppliers and other partners, changes in, and the administration of, treaties, laws, and regulations, including in response to such issues and the potential for such issues to exacerbate other risks we face, including those related to the factors listed or referenced below;
  • risks associated with the impact or terms of the potential separation;
  • risks associated with the benefits and costs of the potential separation, including the risk that the expected benefits of the potential separation will not be realized within the expected time frame, in full or at all;
  • risks that the conditions to the potential separation, including regulatory approvals, will not be satisfied and/or that the potential separation will not be completed within the expected time frame, on the expected terms or at all;
  • the expected tax treatment of the potential separation, including as to shareholders in the United States or other countries;
  • risks associated with the sale by TechnipFMC of shares of Technip Energies to Bpifrance, including whether the conditions to closing will be satisfied;
  • changes in the shareholder bases of the Company, TechnipFMC and Technip Energies, and volatility in the market prices of their respective shares, including the risk of fluctuations in the market price of Technip Energies’ shares as a result of substantial sales by TechnipFMC of its interest in Technip Energies;
  • risks associated with any financing transactions undertaken in connection with the potential separation;
  • the impact of the potential separation on our businesses and the risk that the potential separation may be more difficult, time-consuming or costly than expected, including the impact on our resources, systems, procedures and controls, diversion of management’s attention and the impact on relationships with customers, governmental authorities, suppliers, employees and other business counterparties; and
  • downgrade in the ratings of our debt could restrict our ability to access the debt capital markets.

We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.


Contacts

Investor relations

Matt Seinsheimer
Vice President Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phillip Lindsay
Director Investor Relations (Europe)
Tel: +44 (0) 20 3429 3929
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Media relations

Christophe Bélorgeot
Senior Vice President Corporate Engagement
Tel: +33 1 47 78 39 92
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Brooke Robertson
Public Relations Director
Tel: +1 281 591 4108
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT) announced today that it will release its financial results for the fourth quarter and full-year 2020 after the market closes on Thursday, February 4, 2021. Following the release, the Company will host a conference call to discuss the results at 8:00 AM Mountain Time (10:00 AM Eastern Time) on Friday, February 5, 2021. Presenting the Company’s results will be Chris Wright, Chief Executive Officer, Ron Gusek, President and Michael Stock, Chief Financial Officer.


Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers, (412) 902-6704. Participants should ask to join the Liberty Oilfield Services call. A live webcast will be available at http://investors.libertyfrac.com. The webcast can be accessed for 90 days following the call. A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. The passcode for the replay is 10151812. The replay will be available until February 12, 2021.

About Liberty

Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at This email address is being protected from spambots. You need JavaScript enabled to view it..


Contacts

Michael Stock
Chief Financial Officer
303-515-2851
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PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the United States Agency for International Development (USAID) awarded the Company a five-year, $25 million single-award contract to increase renewable energy consumption and reduce deforestation in Zambia. The Alternatives to Charcoal Activity represents the flagship investment from the USAID/Zambia Mission to counter climate change and contribute towards poverty reduction through the sustainable management of forest resources.


Tetra Tech’s research scientists and analysts will use advanced data analytics to conduct market research on available technologies, collect baseline data on barriers to alternative energy use, and facilitate the adoption of renewable fuel technologies in Zambia. Through policy and regulatory framework reform, the project will strengthen the ability of the private sector to increase availability of and access to renewable energy sources for urban Zambian households.

“Tetra Tech has supported USAID to promote renewable energy and manage natural resources in Africa for 40 years,” said Dan Batrack, Tetra Tech Chairman and CEO. “We are pleased to continue using our Leading with Science® approach to promote alternative technology solutions to address the impacts of climate change in developing countries.”

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 20,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, and renewable energy. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.


Contacts

Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
(626) 470-2844

 

LONDON--(BUSINESS WIRE)--#SolarThermalMarketinEurope--The new solar thermal market in Europe research from Technavio indicates growth in the short term as the business impact of COVID-19 spreads.



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"One of the primary growth drivers for this market is the increasing demand for CSP,” says a senior analyst for the utilities industry at Technavio. As the markets recover, Technavio expects the solar thermal market in Europe size to grow by 0.54 Terawatt-hour during the period 2021-2025.

Solar Thermal Market in Europe Segment Highlights for 2020

  • The solar thermal market in Europe is expected to post a year-over-year growth rate of 1.3%.
  • Based on the technology, the low and medium temperature segment saw maximum growth in 2020. The low and medium temperature segment primarily includes the small- and medium-scale solar water heating systems for residential and commercial buildings. The segment is facing severe competition from the PV systems and the heat pumps.
  • The growth of the market segment will be significant during the forecast period.

Regional Analysis

  • 91% of the growth will originate from the Spain region.
  • The decrease in the prices of CSP with thermal energy storage will facilitate the solar thermal market growth in Spain over the forecast period.
  • The market growth in Spain will be slower than the growth of the market in the rest of Europe.

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Notes:

  • The solar thermal market in Europe size is expected to accelerate at a CAGR of 2% during the forecast period.
  • The solar thermal market in Europe is segmented by technology (Low and medium temperature and High temperature) and geography (Spain and Rest of Europe).
  • The market is fragmented due to the presence of many established vendors holding significant market share.
  • The research report offers information on several market vendors, including Aalborg CSP AS, Abengoa SA, Acciona SA, Bosch Thermotechnik GmbH, BrightSource Energy Inc., Cosmosolar, DEL PASO SOLAR SL, GREENoneTEC Solarindustrie GmbH, SENER group, and Vaillant GmbH.

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