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Oil Related Services and Equipment

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Ion Provides An Update On The Westerngeco Litigation

1:30pm GMT

Jan 16 (Reuters) - Ion Geophysical Corp ::ION PROVIDES AN UPDATE ON THE WESTERNGECO LITIGATION.ION GEOPHYSICAL CORP SAYS SUPREME COURT GRANTED CERTIORARI IN PREVIOUSLY-REPORTED LAWSUIT OF WESTERNGECO L.L.C. V. ION GEOPHYSICAL CORPORATION.

Keane Group Says Increases Size Of Secondary Offering To 11.0 Mln Shares From 6.0 Mln Shares

1:06pm GMT

Jan 16 (Reuters) - Keane Group Inc ::KEANE GROUP INC SAYS INCREASES SIZE OF SECONDARY OFFERING TO 11.0 MILLION SHARES FROM 6.0 MILLION SHARES - SEC FILING.

Flotek Industries Provides Q4 And Operational Update

12:00pm GMT

Jan 16 (Reuters) - Flotek Industries Inc ::FLOTEK INDUSTRIES - PROVIDED UPDATE ON CO'S COST REDUCTION PROGRAM & GUIDANCE OF PROFITABILITY REGARDING ITS RESULTS FOR 3 MONTHS-ENDED DEC 31, 2017.FLOTEK INDUSTRIES INC - EXPECTS REVENUE IN ENERGY CHEMISTRY TECHNOLOGIES SEGMENT TO BE IN $54 MILLION - $56 MILLION RANGE FOR 3 MONTHS-ENDED DEC 31, 2017.FLOTEK INDUSTRIES - EXPECTS REVENUE IN CONSUMER & INDUSTRIAL CHEMISTRY TECHNOLOGIES SEGMENT TO BE IN $17 MILLION - $18 MILLION RANGE FOR 3 MONTHS-ENDED DEC 31, 2017.FLOTEK INDUSTRIES INC - "WE WILL CONTINUE TO IDENTIFY FURTHER AREAS OF COST CONTROLS IN COMING MONTHS".FLOTEK INDUSTRIES INC - EXPECT TO GENERATE POSITIVE OPERATING INCOME, EXCLUDING ANY POTENTIAL ONE-TIME CHARGES, IN QUARTER.FLOTEK INDUSTRIES INC - DO ANTICIPATE TAX CONSEQUENCE IN DEFERRED TAX ASSET AS A RESULT OF RECENT CHANGES TO U.S. CORPORATE TAX RATE TO 21 PERCENT.

Hai Leck Holdings Says Cheng Li Hui To Relinquish Her Role As Deputy CEO

10:13am GMT

Jan 16 (Reuters) - Hai Leck Holdings Ltd ::HAI LECK HOLDINGS LTD - CHENG LI HUI WILL RELINQUISH HER EXECUTIVE ROLE AS DEPUTY CEO.

Schoeller-Bleckmann to profit from new U.S. tax rules in 2018 -CEO

7:55am GMT

Jan 16 (Reuters) - Schoeller Bleckmann Oilfield Equipment Ag tells Reuters in phone interview::SCHOELLER-BLECKMANN OILFIELD EQUIPMENT CEO SAYS SEES NO SLOWDOWN IN NORTH AMERICAN BUSINESS.SCHOELLER-BLECKMANN OILFIELD EQUIPMENT CEO SAYS WILL PROFIT FROM NEW US TAX RULES IN 2018.SCHOELLER-BLECKMANN OILFIELD EQUIPMENT CEO SAYS SEES SLOW IMPROVEMENT IN BUSINESS OUTSIDE OF NORTH AMERICA, INCLUDING BRAZIL, MIDDLE EAST, RUSSIA.SCHOELLER-BLECKMANN OILFIELD EQUIPMENT CEO SAYS PLANS TO KEEP HIRING NEW STAFF, ALWAYS ON THE LOOKOUT FOR NEW ACQUISITIONS.

Offshore Oil Engineering Expects 2017 Net Profit To Fall 59-66 Percent Y/Y

7:42am GMT

Jan 16 (Reuters) - Offshore Oil Engineering Co Ltd <600583.SS>::SAYS IT EXPECTS 2017 NET PROFIT TO FALL 59-66 PERCENT Y/Y FROM 1.3 BILLION YUAN ($202.00 million) YEAR AGO.

CGG FY Revenue Up 10%, Standing At $1,320 Million​

6:30am GMT

Jan 16 (Reuters) - CGG ::REG-CGG: PROVIDES FULL YEAR 2017 TRADING UPDATE.‍FULL-YEAR 2017 CGG GROUP REVENUE WAS UP 10% YEAR-ON-YEAR, STANDING AT $1,320 MILLION​.‍GROUP Q4 REVENUE STOOD AT $400 MILLION, COMPARED TO $328 MILLION YEAR AGO​.‍RESTRUCTURING COSTS ARE ESTIMATED AT $187 MILLION FOR WHOLE YEAR 2017, INCLUDING $26 MILLION BOOKED IN Q4​.2017 GROUP EBITDAS (BEFORE RESTRUCTURING COSTS) SHOULD BE HIGHER THAN EXPECTED.‍NET DEBT AMOUNTED TO $2.640 BILLION AS AT DECEMBER 31, 2017​.

EMS Energy Posts Qtrly Loss Attributable Of S$2.1 Mln

Monday, 15 Jan 2018

Jan 15 (Reuters) - Ems Energy Ltd ::QTRLY REVENUE S$1.2 MILLION VERSUS S$3.8 MILLION ‍​.QTRLY LOSS ATTRIBUTABLE S$2.1 MILLION VERSUS LOSS OF S$1.4 MILLION.

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