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Lucky03 Elite	28-Apr-2016 09:54        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If BOJ announces stimulus today and China can reveal more positive news of turnaround and US Rig Count continues to show drop this fri, we have a good chance to see a rally.
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Lucky03 Elite	28-Apr-2016 09:52        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The trigger maybe official announcement of the win to make it a fact. I'm not so sure if Ezra will make the announcement in the first place since EMAS AMC is not a 50-50 JV and no longer a subsidiary. Lucky03      ( Date: 28-Apr-2016 09:49) Posted: $0.104 is clearly set as a lid to collect. From the technical chart, I've always state that it needs to break $0104 to have a clear resumption of up trend.
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Lucky03 Elite	28-Apr-2016 09:49        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.104 is clearly set as a lid to collect. From the technical chart, I've always state that it needs to break $0104 to have a clear resumption of up trend.
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sharenewbie0301 Veteran	28-Apr-2016 09:47        sharenewbie0301 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Once broken then really very bullish. But seems difficult . theres alot of volume today so theres still a chance Demostation      ( Date: 28-Apr-2016 09:44) Posted: Can be broken lah. mikelee82      ( Date: 28-Apr-2016 09:41) Posted: Woah there is a huge  wall at 104,
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Demostation Supreme	28-Apr-2016 09:44        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can be broken lah. mikelee82      ( Date: 28-Apr-2016 09:41) Posted: Woah there is a huge  wall at 104,
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mikelee82 Member	28-Apr-2016 09:41        mikelee82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Woah there is a huge  wall at 104,
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Tradewisely Member	28-Apr-2016 09:35        Tradewisely About Contact  Quote this Post!   Yells: "Today's Actions Architects the Future"
x 0   x 0  Alert Admin	Move move move
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olaf14 Member	28-Apr-2016 09:32        olaf14 About Contact  Quote this Post!
x 0   x 0  Alert Admin	the rumour becomes a fact?
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Lucky03 Elite	28-Apr-2016 09:22        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Moving
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Lucky03 Elite	28-Apr-2016 09:15        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Never trust the buyer and seller volume. Demostation      ( Date: 28-Apr-2016 09:15) Posted: Should be able.   Now there are more buyers than sellers.  Lucky03      ( Date: 28-Apr-2016 09:11) Posted: Yes, staying $1.03 and above will be a good turn.
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Demostation Supreme	28-Apr-2016 09:15        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	Should be able.   Now there are more buyers than sellers.  Lucky03      ( Date: 28-Apr-2016 09:11) Posted: Yes, staying $1.03 and above will be a good turn. sharenewbie0301      ( Date: 28-Apr-2016 08:57) Posted: today need to break 0.103 and 0.104 or else like yesterday..
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Lucky03 Elite	28-Apr-2016 09:11        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, staying $1.03 and above will be a good turn. sharenewbie0301      ( Date: 28-Apr-2016 08:57) Posted: today need to break 0.103 and 0.104 or else like yesterday... Lucky03      ( Date: 28-Apr-2016 08:16) Posted: Plus a dovish statement issued by US FED that is market friendly and DOW recovered from a loss of 60+ with a gain of 50+ at closed.
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sharenewbie0301 Veteran	28-Apr-2016 08:57        sharenewbie0301 About Contact  Quote this Post!
x 0   x 0  Alert Admin	today need to break 0.103 and 0.104 or else like yesterday... Lucky03      ( Date: 28-Apr-2016 08:16) Posted: Plus a dovish statement issued by US FED that is market friendly and DOW recovered from a loss of 60+ with a gain of 50+ at closed. sharenewbie0301      ( Date: 28-Apr-2016 08:06) Posted: Plus oil went up to 45++. If ezra today dont chiong then i dont know what can make it chion
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Lucky03 Elite	28-Apr-2016 08:16        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Plus a dovish statement issued by US FED that is market friendly and DOW recovered from a loss of 60+ with a gain of 50+ at closed. sharenewbie0301      ( Date: 28-Apr-2016 08:06) Posted: Plus oil went up to 45++. If ezra today dont chiong then i dont know what can make it chiong Lucky03      ( Date: 28-Apr-2016 08:01) Posted: With such details as sensitive as the disclosure of the bid price, this news has to be quite accurate.
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Lucky03 Elite	28-Apr-2016 08:08        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Huat ah ! sharenewbie0301      ( Date: 28-Apr-2016 08:06) Posted: Plus oil went up to 45++. If ezra today dont chiong then i dont know what can make it chiong Lucky03      ( Date: 28-Apr-2016 08:01) Posted: With such details as sensitive as the disclosure of the bid price, this news has to be quite accurate.
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sharenewbie0301 Veteran	28-Apr-2016 08:06        sharenewbie0301 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Plus oil went up to 45++. If ezra today dont chiong then i dont know what can make it chiong Lucky03      ( Date: 28-Apr-2016 08:01) Posted: With such details as sensitive as the disclosure of the bid price, this news has to be quite accurate. Lucky03      ( Date: 28-Apr-2016 07:59) Posted: Aramco selects contractor for Hasbah gas field expansion Admin 6 hours ago Regional News Aramco_offshore copy MEED Saudi Aramco has selected India?s Larsen & Toubro (L&T) to carry out the expansion of its Hasbah offshore gas field, according to three sources familiar with the project. L&T emerged as the low bidder for the engineering, procurement and construction (EPC) tender after state-owned Aramco asked contractors to resubmit prices. The joint bid by L&T and its Singapore-based consortium partner Emas came in at just under $1.5bn. The second-lowest bidder, the US? McDermott, submitted a price of about $1.8bn, the sources told MEED. A fourth source familiar with the project said Aramco is still assessing bids and has yet to select a company to carry out the scheme. The EPC bids were originally submitted on 29 November 2015 by the four groups that are part of Aramco?s Long-Term Agreement (LTA) programme for offshore oil and gas projects. These companies are: Dynamic Industries (US) Larsen & Toubro / Emas McDermott Saipem (Italy) Aramco subsequently asked the companies to submit new prices for the tender, deeming the original bids too high as it attempts to cut costs amid the current low-crude-price environment. The Hasbah project will expand the production capacity of the gas field by an additional 2 billion cubic feet a day (cf/d), which will be piped to the onshore under-development Fadhili gas plant. Saudi Arabia recently started the first production of gas from the Hasbah field. The new facilities have a capacity of 1.3 billion cf/d and are now piping gas to the Wasit processing plant, which was built as part of the same project. The Hasbah expansion deal follows the four smaller Contract Release Purchase Orders (CRPO), worth more than $1bn combined, awarded to LTA companies earlier this month, MEED revealed on 21 April. McDermott was awarded contracts for work on the Safaniyah and Berri fields, and a project on the Marjan and Zuluf fields. Saipem?s CRPO covers brownfield work on the Abu Safah field. The CRPO contracts are understood to be worth between $150m and $700m. The first contract in the new LTA was a lump-sum deal won by McDermott in August 2015, just two months after Aramco brought in the four companies. McDermott said the contract was for ?brownfield work in various fields in offshore Saudi Arabia? and represents the largest single award in the Middle East in the US-based company?s history. The LTA agreement covers six years, with options to extend the period for two additional three-year periods. According to two sources, Aramco has invited a fifth company to join the LTA programme. The sources corroborated a report in oil and gas newspaper Upstream that this company is UAE-based National Petroleum Construction Company (NPCC).
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Lucky03 Elite	28-Apr-2016 08:01        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	With such details as sensitive as the disclosure of the bid price, this news has to be quite accurate. Lucky03      ( Date: 28-Apr-2016 07:59) Posted: Aramco selects contractor for Hasbah gas field expansion Admin 6 hours ago Regional News Aramco_offshore copy MEED Saudi Aramco has selected India?s Larsen & Toubro (L&T) to carry out the expansion of its Hasbah offshore gas field, according to three sources familiar with the project. L&T emerged as the low bidder for the engineering, procurement and construction (EPC) tender after state-owned Aramco asked contractors to resubmit prices. The joint bid by L&T and its Singapore-based consortium partner Emas came in at just under $1.5bn. The second-lowest bidder, the US? McDermott, submitted a price of about $1.8bn, the sources told MEED. A fourth source familiar with the project said Aramco is still assessing bids and has yet to select a company to carry out the scheme. The EPC bids were originally submitted on 29 November 2015 by the four groups that are part of Aramco?s Long-Term Agreement (LTA) programme for offshore oil and gas projects. These companies are: Dynamic Industries (US) Larsen & Toubro / Emas McDermott Saipem (Italy) Aramco subsequently asked the companies to submit new prices for the tender, deeming the original bids too high as it attempts to cut costs amid the current low-crude-price environment. The Hasbah project will expand the production capacity of the gas field by an additional 2 billion cubic feet a day (cf/d), which will be piped to the onshore under-development Fadhili gas plant. Saudi Arabia recently started the first production of gas from the Hasbah field. The new facilities have a capacity of 1.3 billion cf/d and are now piping gas to the Wasit processing plant, which was built as part of the same project. The Hasbah expansion deal follows the four smaller Contract Release Purchase Orders (CRPO), worth more than $1bn combined, awarded to LTA companies earlier this month, MEED revealed on 21 April. McDermott was awarded contracts for work on the Safaniyah and Berri fields, and a project on the Marjan and Zuluf fields. Saipem?s CRPO covers brownfield work on the Abu Safah field. The CRPO contracts are understood to be worth between $150m and $700m. The first contract in the new LTA was a lump-sum deal won by McDermott in August 2015, just two months after Aramco brought in the four companies. McDermott said the contract was for ?brownfield work in various fields in offshore Saudi Arabia? and represents the largest single award in the Middle East in the US-based company?s history. The LTA agreement covers six years, with options to extend the period for two additional three-year periods. According to two sources, Aramco has invited a fifth company to join the LTA programme. The sources corroborated a report in oil and gas newspaper Upstream that this company is UAE-based National Petroleum Construction Company (NPCC).
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Lucky03 Elite	28-Apr-2016 07:59        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aramco selects contractor for Hasbah gas field expansion Admin 6 hours ago Regional News Aramco_offshore copy MEED Saudi Aramco has selected India?s Larsen & Toubro (L&T) to carry out the expansion of its Hasbah offshore gas field, according to three sources familiar with the project. L&T emerged as the low bidder for the engineering, procurement and construction (EPC) tender after state-owned Aramco asked contractors to resubmit prices. The joint bid by L&T and its Singapore-based consortium partner Emas came in at just under $1.5bn. The second-lowest bidder, the US? McDermott, submitted a price of about $1.8bn, the sources told MEED. A fourth source familiar with the project said Aramco is still assessing bids and has yet to select a company to carry out the scheme. The EPC bids were originally submitted on 29 November 2015 by the four groups that are part of Aramco?s Long-Term Agreement (LTA) programme for offshore oil and gas projects. These companies are: Dynamic Industries (US) Larsen & Toubro / Emas McDermott Saipem (Italy) Aramco subsequently asked the companies to submit new prices for the tender, deeming the original bids too high as it attempts to cut costs amid the current low-crude-price environment. The Hasbah project will expand the production capacity of the gas field by an additional 2 billion cubic feet a day (cf/d), which will be piped to the onshore under-development Fadhili gas plant. Saudi Arabia recently started the first production of gas from the Hasbah field. The new facilities have a capacity of 1.3 billion cf/d and are now piping gas to the Wasit processing plant, which was built as part of the same project. The Hasbah expansion deal follows the four smaller Contract Release Purchase Orders (CRPO), worth more than $1bn combined, awarded to LTA companies earlier this month, MEED revealed on 21 April. McDermott was awarded contracts for work on the Safaniyah and Berri fields, and a project on the Marjan and Zuluf fields. Saipem?s CRPO covers brownfield work on the Abu Safah field. The CRPO contracts are understood to be worth between $150m and $700m. The first contract in the new LTA was a lump-sum deal won by McDermott in August 2015, just two months after Aramco brought in the four companies. McDermott said the contract was for ?brownfield work in various fields in offshore Saudi Arabia? and represents the largest single award in the Middle East in the US-based company?s history. The LTA agreement covers six years, with options to extend the period for two additional three-year periods. According to two sources, Aramco has invited a fifth company to join the LTA programme. The sources corroborated a report in oil and gas newspaper Upstream that this company is UAE-based National Petroleum Construction Company (NPCC).
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wk1991 Member	28-Apr-2016 07:41        wk1991 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://emirates-business.ae/aramco-selects-contractor-for-hasbah-gas-field-expansion/
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Lucky03 Elite	27-Apr-2016 22:26        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope the cost cutting are not purely at the expense of service providers such as Ezra but Ezra can also put in place measures to realise significant cost saving at their end too. Lucky03      ( Date: 27-Apr-2016 22:21) Posted: Oil's Profit Surprise Has Analysts Wondering How Well Exxon Did By Rakteem Katakey - 27 Apr 2016, 10:01:20 PM The Big Oil earnings season has started with such a surprise that some analysts already say their estimates for the other companies may be too low. BP Plc and Statoil ASA both reported a first-quarter profit this week after analysts predicted losses, while Total SA beat earnings estimates by 31 percent. The results, reflecting sweeping cost cuts as well as resilient refining, trading and petrochemical operations, suggest Exxon Mobil Corp. and others may also trump expectations. ?It seems the cost reduction has been implemented better than expected by the companies,? said Alexandre Andlauer, an analyst at AlphaValue SAS in Paris. ?It?s now more than probable the others will beat estimates too.? Oil majors are deepening cost cuts to weather the crude-market rout by lowering capital expenditure, renegotiating drilling contracts, slashing thousands of jobs and deferring big projects. The pace of such measures is sometimes so steep it doesn?t reflect in quarterly earnings estimates, according to Andlauer.
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