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Lucky03 Elite	09-May-2016 08:55        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The delay of the award may be due to the impending appointment of the Chairman of Aramco to Oil Minister. seanpent      ( Date: 09-May-2016 08:43) Posted: Haven' t seen Ezra rally big time for a long while ..... is it about time ?  Is it just round the corner ? sharenewbie0301      ( Date: 07-May-2016 23:41) Posted: Oil minister replaced by Khalid al-Falih, chairman of aramco. Somemore recebtly aramco announce that it increasing its prices for oil delivery in asia. I think this guy will support oil prices up
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seanpent Supreme	09-May-2016 08:43        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haven' t seen Ezra rally big time for a long while ..... is it about time ?  Is it just round the corner ? sharenewbie0301      ( Date: 07-May-2016 23:41) Posted: Oil minister replaced by Khalid al-Falih, chairman of aramco. Somemore recebtly aramco announce that it increasing its prices for oil delivery in asia. I think this guy will support oil prices up
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danger Supreme	09-May-2016 08:35        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Oil surging to $46
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happyharvest Elite	08-May-2016 21:03        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	but there is no announcement that other suppliers are awarded the contract. So let' s be patience. We will know soon who are awarded. Lucky03      ( Date: 07-May-2016 23:46) Posted: Aramco is also awarding quite a number of EPC contracts and it is one of the few that can and willing to continue to invest. It is just taking too long for EMAS Chiyoda to secure significant portion of these contracts. sharenewbie0301      ( Date: 07-May-2016 23:41) Posted: Oil minister replaced by Khalid al-Falih, chairman of aramco. Somemore recebtly aramco announce that it increasing its prices for oil delivery in asia. I think this guy will support oil prices up
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newbieliu Elite	08-May-2016 16:40        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is there any news on clinching the deal from Aramco? I cannot find it though.... Lucky03      ( Date: 08-May-2016 00:02) Posted: This is what Ezra desperately needs : Lot 22 In time of drought, the stems in the paddy fields wither and fade. Thank heaven, a heavy shower comes in due time. Then flower, fruit and grass are watered well. A timely rain is worth is weight in gold. This lot describes rain falling after a long drought. Whenever you are in difficulty, someone will come to your rescue. You?ll reap a better crop of grain and silk because good fortune is knocking at your door. For the sick, treatment is already prepared. The traveler will be back before you expect him. You and you family will be quite safe. Business opportunities are promising but deals can only ne made late in the year. Matrimonial arrangements are satisfactory and a girl will be born to you. Cultivating the land and rearing of silkworm and animals will all be profitable. The traveler will be delayed and the missing will not be found. Lost items will be located in the west. You will lose in lawsuits and migration or move of a home is not advised. For the sick, set up an altar to expel the devils. There will be no harm done to ancestors tombs.
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Lucky03 Elite	08-May-2016 00:02        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is what Ezra desperately needs : Lot 22 In time of drought, the stems in the paddy fields wither and fade. Thank heaven, a heavy shower comes in due time. Then flower, fruit and grass are watered well. A timely rain is worth is weight in gold. This lot describes rain falling after a long drought. Whenever you are in difficulty, someone will come to your rescue. You?ll reap a better crop of grain and silk because good fortune is knocking at your door. For the sick, treatment is already prepared. The traveler will be back before you expect him. You and you family will be quite safe. Business opportunities are promising but deals can only ne made late in the year. Matrimonial arrangements are satisfactory and a girl will be born to you. Cultivating the land and rearing of silkworm and animals will all be profitable. The traveler will be delayed and the missing will not be found. Lost items will be located in the west. You will lose in lawsuits and migration or move of a home is not advised. For the sick, set up an altar to expel the devils. There will be no harm done to ancestors tombs.
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Lucky03 Elite	07-May-2016 23:46        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aramco is also awarding quite a number of EPC contracts and it is one of the few that can and willing to continue to invest. It is just taking too long for EMAS Chiyoda to secure significant portion of these contracts. sharenewbie0301      ( Date: 07-May-2016 23:41) Posted: Oil minister replaced by Khalid al-Falih, chairman of aramco. Somemore recebtly aramco announce that it increasing its prices for oil delivery in asia. I think this guy will support oil prices up
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sharenewbie0301 Veteran	07-May-2016 23:41        sharenewbie0301 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oil minister replaced by Khalid al-Falih, chairman of aramco. Somemore recebtly aramco announce that it increasing its prices for oil delivery in asia. I think this guy will support oil prices up
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Lucky03 Elite	07-May-2016 23:24        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	How will this shake up OPEC and the oil market ? There are serious supply disruption from the following : 1. raging wildfire in Canada that's expected to double by tomorrow with numerous large oil companies already declaring force majeure for no deliveriy (this may result in US drawdown of reserve as Canada is a big supplier) 2. the attack of oil field in Nigeria with similarly oil companies also declaring force majeure 3. US continues to see production cut and 4. Iran declaring that it has hit it's pre-sanction production ceiling and now ready to discuss production freeze so unlikely to add more to market. Now the news below is a major unknown in term of Saudi's strategy now. The former Saudi Minister is key to the last 2 years of Saudi cause to protect market shares at all cost that led to the collapse of oil prices over last 2 years. Saudi Arabia ousts longtime oil minister Associated Press 22 mins ago RIYADH, Saudi Arabia (AP) -- Saudi Arabia has replaced its long-serving oil minister as part of a larger ongoing government shakeup. A royal decree on Saturday announced that Ali al-Naimi has been replaced by Health Minister and Saudi Aramco board chairman Khaled al-Falih. Al-Naimi has long been a pillar of Saudi oil policy, leading the Ministry of Petroleum and Mineral Resources since 1995. Prior to that role he'd served as the president of oil giant Aramco. Under a new Saudi leadership led by King Salman, the king's son Deputy Crown Prince Mohammed bin Salman has largely been overseeing Saudi economic policy along with a handful of new ministers. The changes announced Saturday come as the government plans wide reforms aimed at overhauling the Saudi economy amid lower oil prices that have eroded state revenues.
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olaf14 Member	07-May-2016 10:18        olaf14 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://presstv.ir/Detail/2016/05/06/464312/Iran-says-ready-to-join-oil-freeze-plan/ Lucky03      ( Date: 07-May-2016 09:57) Posted: Really ? Source ? A bit late though as some of the members have shared that production freeze may not be relevant anymore and may not be discussed at coming Jun mtg. Anyway, by then, Iran would have reached its pre-sanctioned production capacity. The good news may be that it will then have to invest in new drilling facility. Singapore government has led a big delegation recently to Iran and that may have some business opportunities spin off. olaf14      ( Date: 07-May-2016 09:38) Posted: Iran said on Friday that it is ready to join an oil freeze plan that has been proposed by several key peer producers to help stabilize the market.
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Lucky03 Elite	07-May-2016 09:57        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really ? Source ? A bit late though as some of the members have shared that production freeze may not be relevant anymore and may not be discussed at coming Jun mtg. Anyway, by then, Iran would have reached its pre-sanctioned production capacity. The good news may be that it will then have to invest in new drilling facility. Singapore government has led a big delegation recently to Iran and that may have some business opportunities spin off. olaf14      ( Date: 07-May-2016 09:38) Posted: Iran said on Friday that it is ready to join an oil freeze plan that has been proposed by several key peer producers to help stabilize the market.
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olaf14 Member	07-May-2016 09:38        olaf14 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Iran said on Friday that it is ready to join an oil freeze plan that has been proposed by several key peer producers to help stabilize the market.
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Lucky03 Elite	07-May-2016 09:33        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nigerian oil output plunges to 20-year low as attacks mount MAY 7, 20168:05 AM [LAGOS] Nigeria is suffering a worsening bout of oil disruption that has pushed production to the lowest in 20 years, as attacks against facilities in the energy-rich but impoverished nation increase in number and audacity. Chevron Corp shut down about 90,000 barrels a day of output following an attack on a joint-venture offshore platform that serves as a gathering point for production from several fields. Even before that strike on Wednesday night, Nigerian oil production had fallen below 1.7 million barrels a day for the first time since 1994, according to data compiled by Bloomberg. "This is some very, very sophisticated brazen attack," said Dolapo Oni, the Lagos-based head of energy research at Ecobank Transnational Inc. "It is a resurgence of militancy. These guys don't seem to be after money. They just want to frustrate the government." The fresh round of attacks come after President Muhammadu Buhari vowed to stamp out corruption and oil theft. They echo a campaign waged by the self-proclaimed Movement for the Emancipation of the Niger Delta between 2006 and 2009, which cost the Nigerian government billions of dollars of lost oil revenue. That violence abated after thousands of fighters accepted an amnesty from late-President Umaru Musa Yar'Adua and disarmed, in exchange for monthly payments from the government in some cases. Chevron said it shut down its Okan offshore facility after it was "breached by unknown persons" and had sent "resources to respond to a resulting spill." The US company on Friday said that 35,000 barrels a day of its own net production was affected. Okan, which feeds crude and gas into Escravos, one of the country's largest export facilities, is jointly owned by Chevron, with a 40 per cent stake, and state-owned Nigeria National Petroleum Corp, which has the rest, according to NNPC's website. A group calling itself the Niger Delta Avengers said on its website that it was responsible for the attack. The authenticity of the claim could not be verified by Bloomberg News. The Nigerian government is struggling to contain the economic damage of the slump in energy prices and separate attacks in the north of the country by the Boko Haram Islamist insurgency. The country's foreign reserves have fallen to less than US$27 billion, the lowest since 2005. The International Monetary Fund expects the economy to expand 2.3 per cent this year, the weakest growth since 1999. "Lower oil prices have meant that the poorer oil-producing countries don't have enough money to pay for social services," said Ehsan Ul-Haq, senior oil analyst at KBC Process Technology Ltd. "Protests are increasing as a result." In February, Royal Dutch Shell Plc declared force majeure - a legal clause that allows it to stop shipments without breaching contracts - after an attack on a pipeline feeding the Forcados terminal, which typically exports about 200,000 barrels a day. The International Energy Agency estimated last month that Nigeria could lose an estimated US$1 billion in revenue by May, when it expects repairs on Forcados to be completed. The terminal may not restart until June, Nigerian Oil Minister Emmanuel Kachikwu said April 20. Major oil companies like Shell, Chevron, Total SA, Eni SpA and ConocoPhillips, which for five decades dominated the Nigerian oil industry, have been selling onshore and shallow water oil fields in the Niger delta to local companies, concentrating their investments in deep-water fields outside the reach of militants. "If prices remain low, we will see more and more problems including these kind of sabotage attacks," said Mr Ul-Haq. BLOOMBERG
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Lucky03 Elite	07-May-2016 09:26        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Canadian wildfire is proving to be much more damaging as it continues to rage on. BP warns on Canadian oil deliveries as wildfire burns on Reuters 1 hr ago By Catherine Ngai NEW YORK (Reuters) - BP PLC (BP.L) said on Friday it would not be able to deliver on some contracts for Canadian crude due to a wildfire that has cut Canada's oil sands output in half and snarled supply lines. The oil major's Canadian unit alerted customers of a "force majeure event" at one of its suppliers, a BP spokesperson said, which means several grades of Canadian crude oil will not be as readily available for its customers through the rest of May. A force majeure event is an unforeseen event that prevents a party from fulfilling a contract. The move is likely to deepen concerns about tightening supplies of crude to U.S. refiners as the nearly week-long blaze rages on. The force majeure comes after the fire this week forced the evacuation of 88,000 people from Fort McMurray, located in the heartland of Alberta's energy region, and resulted in the shutdown of about 1 million barrels per day in production, nearly half of Canada's oil sands output. At least 10 oil sands operators have reduced production as a result of the evacuations and emergency measures have complicated delivery of oil via rail, pipeline and highways. The production cuts caused key Canadian crude prices to rally to their highest in months and boosted U.S. futures this week.[CRU/CA] [O/R] BP produces oil in Canada via a partnership with Husky Energy Inc (HSE.TO). Husky said earlier this week it cut production at its Sunrise oil sands project to 10,000 bpd from 30,000 bpd after a pipeline that supplies the project with diluent was shut down. BP also buys oil from other producers to sell to refiners or other traders. A person familiar with BP's U.S. refining operations said supplies to its U.S. plants - Whiting, Cherry Point and Toledo - have not been affected. The United States imports about 3.5 million barrels per day of Canadian crude, the largest supplier to one of the world's biggest energy markets. Record U.S. inventories and plentiful supplies in storage in Western Canada will offset some of the shutdown, but prolonged outages in the region, which has the world's third-largest oil reserves, could roil producers and traders' contracts and order books. "There is a cushion because we have a lot of oil in storage," said Tim Pickering, founder and CIO at Auspice Capital Advisors in Calgary. "When that cushion is gone, if this lasts a month, the price of oil on a global basis will react." According to Genscape, which monitors key crude storage terminals in Western Canada, including the critical locations at Edmonton and Hardisty, total inventories were 26.5 million barrels at the end of April, equivalent to less than a month of output currently offline. Canadian crude is particularly important for refiners in the U.S. Midwest ranging from Ohio to the Dakotas. U.S. refiners interviewed by Reuters in the last few days have so far not said it was affecting their operations. (Reporting by Catherine Ngai additional reporting by David Gaffen and Jessica Resnick-Ault Editing by Josephine Mason and Andrew Hay)
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Lucky03 Elite	07-May-2016 09:24        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I'm sure that L&T and EMAS Chiyoda will be given some contracts as it is apparent that Saudi will spread out their contracts to all the LTE vendors. The question is whether it is true as reported that L&T will get the lion share of the $2b HASBAH II job. Next is timing as further delay seems to increase negative sentiment and speculation if L&T didn't even win. As for the info your posred, danger. It is not helpful as it is an old news. danger      ( Date: 07-May-2016 07:33) Posted: RECAP   Singapore' s Ezra Holdings Limited (Ezra or the Group), a leading contractor and provider of integrated offshore solutions to the oil and gas (O& G) industry, announced Wednesday that its Subsea Services Division, EMAS AMC has signed a six year long term agreement (LTA) with one of the world largest national oil company, Saudi Aramco, with exercisable options to extend for another six years (2x3 years), in a consortium with India' s Larsen & Toubro Hydrocarbon Engineering (LTHE). Under the awarded LTA, LTHE and EMAS AMC will execute offshore projects with Saudi Aramco that include work such as project management, engineering, procurement, fabrication, transportation and installation works (EPCI) of offshore facilities such as platforms, pipelines, submarine cables and other offshore services. This long term agreement is the embodiment of our working relationship with LTHE and Saudi Aramco, and is aligned with our subsea strategy of focusing our capabilities and expertise where tendering activities remain robust, said Lionel Lee, Ezra&rsquo s Group CEO and managing director. We are grateful to Saudi Aramco for giving us this opportunity to showcase our project enabling assets and operational excellence in the Middle East, and this endorsement will drive the subsea business forward, bolstering our track record as a global solutions provider. We are also very excited to partner LTHE in this undertaking. I am confident that between LTHE and ourselves, we will deliver safe and timely projects in the Middle East, and I look forward to a very fruitful long-term partnership. olaf14      ( Date: 06-May-2016 16:42) Posted: Good font size to read. How will this benefits Ezra
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danger Supreme	07-May-2016 07:33        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	RECAP   Singapore' s Ezra Holdings Limited (Ezra or the Group), a leading contractor and provider of integrated offshore solutions to the oil and gas (O& G) industry, announced Wednesday that its Subsea Services Division, EMAS AMC has signed a six year long term agreement (LTA) with one of the world largest national oil company, Saudi Aramco, with exercisable options to extend for another six years (2x3 years), in a consortium with India' s Larsen & Toubro Hydrocarbon Engineering (LTHE). Under the awarded LTA, LTHE and EMAS AMC will execute offshore projects with Saudi Aramco that include work such as project management, engineering, procurement, fabrication, transportation and installation works (EPCI) of offshore facilities such as platforms, pipelines, submarine cables and other offshore services. This long term agreement is the embodiment of our working relationship with LTHE and Saudi Aramco, and is aligned with our subsea strategy of focusing our capabilities and expertise where tendering activities remain robust, said Lionel Lee, Ezra&rsquo s Group CEO and managing director. We are grateful to Saudi Aramco for giving us this opportunity to showcase our project enabling assets and operational excellence in the Middle East, and this endorsement will drive the subsea business forward, bolstering our track record as a global solutions provider. We are also very excited to partner LTHE in this undertaking. I am confident that between LTHE and ourselves, we will deliver safe and timely projects in the Middle East, and I look forward to a very fruitful long-term partnership. olaf14      ( Date: 06-May-2016 16:42) Posted: Good font size to read. How will this benefits Ezra? danger      ( Date: 06-May-2016 16:39) Posted: Oil super-giant Saudi Aramco is poised to become the world ' s largest company with a multi-billion dollar listing which draws from just a fraction of its total corporate heft.  The Saudi government recently confirmed plans to sell a five per cent stake in its state oil company as part of a radical plan to shake up the kingdom& rsquo s stumbling economy through a $3 trillion sovereign fund.  The centrepiece of that fund will be the eye-watering valuation attached to Aramco, some $2 trillion-$2.5 trillion, paving the way for the largest stock market flotation in history.
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miumiu Veteran	06-May-2016 23:46        miumiu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today shortsell volume only 150,000 shares. Can deduce is pump and dump?
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sharenewbie0301 Veteran	06-May-2016 22:45        sharenewbie0301 About Contact  Quote this Post!
x 0   x 0  Alert Admin	wah. So accurate ma? olaf14      ( Date: 06-May-2016 22:28) Posted: Patiently waiting for the announcement....with stress Lucky03      ( Date: 06-May-2016 18:38) Posted: The news last posted in Upstreamonline.com below was 22 Apr. it says may take up to a month or 2 to sign the contract. It mean no announcement till then ? In the meantime, BB will have a good shopping to press down the price to collect more ? Aramco primes $2bn contract awards Multiple sources told Upstream that the Saudi Arabian giant has issued letters of intent to a partnership of Indian company Larsen & Toubro (L&T) and Singapore?s Emas, to US giant McDermott and to Italy?s Saipem, though it could take another month or two for final contracts to be signed.The L&T-led group is believed to set to take the biggest of the jobs ? a contract for Aramco?s giant Hasbah incremental facilities gas project that is expected to be Saudi Arabia Newspaper - upstreamonline.com 22.04.1
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olaf14 Member	06-May-2016 22:28        olaf14 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Patiently waiting for the announcement....with stress Lucky03      ( Date: 06-May-2016 18:38) Posted: The news last posted in Upstreamonline.com below was 22 Apr. it says may take up to a month or 2 to sign the contract. It mean no announcement till then ? In the meantime, BB will have a good shopping to press down the price to collect more ? Aramco primes $2bn contract awards Multiple sources told Upstream that the Saudi Arabian giant has issued letters of intent to a partnership of Indian company Larsen & Toubro (L&T) and Singapore?s Emas, to US giant McDermott and to Italy?s Saipem, though it could take another month or two for final contracts to be signed.The L&T-led group is believed to set to take the biggest of the jobs ? a contract for Aramco?s giant Hasbah incremental facilities gas project that is expected to be Saudi Arabia Newspaper - upstreamonline.com 22.04.16 olaf14      ( Date: 06-May-2016 16:43) Posted: Looking at the price now, will it be real? Or someone pulling prices down to create fear and collect
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Lucky03 Elite	06-May-2016 18:38        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The news last posted in Upstreamonline.com below was 22 Apr. it says may take up to a month or 2 to sign the contract. It mean no announcement till then ? In the meantime, BB will have a good shopping to press down the price to collect more ? Aramco primes $2bn contract awards Multiple sources told Upstream that the Saudi Arabian giant has issued letters of intent to a partnership of Indian company Larsen & Toubro (L&T) and Singapore?s Emas, to US giant McDermott and to Italy?s Saipem, though it could take another month or two for final contracts to be signed.The L&T-led group is believed to set to take the biggest of the jobs ? a contract for Aramco?s giant Hasbah incremental facilities gas project that is expected to be Saudi Arabia Newspaper - upstreamonline.com 22.04.16 olaf14      ( Date: 06-May-2016 16:43) Posted: Looking at the price now, will it be real? Or someone pulling prices down to create fear and collect? Lucky03      ( Date: 06-May-2016 16:40) Posted: Hopefully it is real this time.
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