Wood Group profit falls 86 pct on low North Sea activity and exceptional costs

first_imgOilfield services firm Wood Group reported an 86 percent drop in its profit for the first half of the year, citing, among other factors, weak contribution from the North Sea activity.The UK-based company posted a profit of $6 million, down from $45 million in the first half of 2016.  Profit for the period was impacted by exceptional costs of $47.6 million.This included $25.2m in respect of costs relating to the acquisition of Amec Foster Wheeler, comprising advisory fees of $19.7 million and underwriting fees in respect of new debt facilities of $5.5 million.Revenue fell to $2.27 billion, down from $2,56 billion a year ago.Presenting its result on Tuesday, Wood Group said there was a sense of recovery in certain markets despite tough conditions in the oil and gas sector overall.“Robust performance in the West including, improved activity in offshore greenfield project engineering and commissioning and modest improvement in US onshore activity, was more than offset by weaker activity in the East, where we have seen a significant reduction in projects & modifications work, particularly in the North Sea,” Wood Group said.The company expects to complete the proposed acquisition of Amec Foster Wheeler in the fourth quarter of 2017. The company expects the merger will deliver significant cost synergies of at least $170 million.To remind, the proposed merger had risen competition concerns in the UK, in the supply of engineering and construction (E&C) services and operation and maintenance (O&M) services on the UK continental shelf, however this has now been resolved, in principle.Namely, in order to address the Competition and Markets Authority’s (CMA) competition concerns, the companies have recently offered to sell off almost all of Amec Foster Wheeler’s assets which contribute to these services in its upstream offshore oil and gas business in the UK.According to a statement by Wood Group on Tuesday, the CMA has recently approved in principle the proposed remedy.last_img read more

Superb commentary on John Key and the Mai Chen smacking analysis

first_imgStuff co.nz 22 November 2014OPINION: If there is one dreadfully boring topic in the news this week it is most certainly anything to do with the latest Labour leader.It is exhausting, truly, to be going through this all again. It seems there is more politics in the Labour Party than there is in Parliament, and it is long since time that changed.I have no idea how Andrew Little will fare, and, to be honest, after more than half a decade of Labour leadership incompetence, I don’t care.Until his party shows any sign of being serious about using the wages I pay them to make New Zealand a better country, I’m not going to waste my breath discussing them.I have more important things to think about – like who is going to hold Prime Minister John Key to account while Labour uses our money to destroy itself? He needs to be.This is a man whose greatness is also his biggest downfall. Key is uncannily able to pick the public mood, but he uses popularity as his moral compass.If enough people think it is right, Key will agree with them. If what is right isn’t particularly interesting to you and me, Key won’t worry about setting it straight.Take the report Family First commissioned from one of the country’s foremost constitutional law firms on the anti-smacking amendment. The results came out this week.But before we look at them let’s see if the amendment has stopped or slowed violent parenting. According to a 2013 report by the dreadful Child Poverty Action Group, incidents of physical violence against children have increased every year since 2008, although 2011/2012 saw a tie in statistics.According to a 2013 presentation published on the Office of the Children’s Commissioner website, substantiated abuse cases (violent, sexual or otherwise) have increased every year to 2012.According to the Child, Youth and Family (CYF) website, that increased again in the 2013 year.According to the Ministry of Social Development’s white paper for vulnerable children, substantiated abuse cases (of all kinds) were on the increase between 2007 and 2012.Put simply, the amendment hasn’t stopped or, from what I can tell, even slowed child abuse trends. Bad parents are still parenting badly.The difference is in what Chen Palmer found – that now good parents are being punished for parenting well.According to the report, “statements made by politicians to the effect that ‘good parents’ will not be criminalised for lightly smacking their child appear to be inconsistent with the legal effects of the amendments to section 59 . . .”That means the politicians got it wrong: The amendment does not achieve what they intended it to. Key promised if that was the case he would repeal it. He won’t, because he knows he can get away with it on this one.– NARELLE HENSONhttp://www.stuff.co.nz/waikato-times/63416408/More-politics-in-the-Labour-Party-than-in-Parliamentlast_img read more

Direct Florida to Dominica flight being discussed

first_img 261 Views   one comment LifestyleLocalNewsTravel Direct Florida to Dominica flight being discussed by: – June 25, 2018 Minister for Tourism and Culture, Senator Robert TongeA direct flight from Florida to Dominica might become a reality in 2018 as discussions continue with between Government and the relevant stakeholders. Tonge stated that this direct flight is being discussed with a view to addressing the issue of air access into Dominica.This challenge, which has been a regular complain from visitors, was brought under scrutiny following the passage of Hurricane Maria in September 2017. Senator Tonge said while government has invested in improving infrastructure at the main airport, and is committed to building an international airport, they continue to aggressively pursue options to secure and improve airlift into Dominica.“In the interim, the government is committed in investing to improved airlift into Dominica and partnering with existing and new airlines. We have lobbied LIAT, because after the storm our access to Dominica was severely impacted,” Tonge stated.He informed that discussions are ongoing with various airlines, and government is hopeful for confirmation of the direct flight later this year.“We hope to finalize agreements with Air Antilles this winter season to provide same day access with the Norwegian Flights, that have all grown to love based on the price, from the French islands into Dominica,” he said.Visitors or citizens can now travel from France via Air Caribe straight to Guadeloupe and connect into Dominica on the same day.Senator Tonge added that a lot of these interventions “are not things that we made up ourselves” but rather because government has listened to the stakeholders.“And our job is to try and put them in place and God’s willing this year, we will have a direct flight from Florida to Dominica,” he noted.Tonge stated that these interventions were made possible through the increased tourism subvention approved by government and is looking forward to the realization of the direct flight from Florida to Dominica which will improve access into the island.“I can assure you that this is not an election gimmick, but it is an initiative that you have recommended and the air access committees have recommended to ensure we are creating the economic space to make things work for you,” Senator Tonge added. Share Sharing is caring!center_img Tweet Share Sharelast_img read more

Ripley County Community Foundation ‘Small Grants’ give $3,000 back into the community

first_imgBatesville, In. — The mission of the Community Foundation is to assist Ripley County charitable organizations in fulfilling their goals of making Ripley County a vibrant place to live, work, and visit. Our granting opportunities are a vital part of that mission and energy. It is a privilege for the community foundation to be able to be a part of the charitable initiatives taking place throughout Ripley County.Small grants awarded $3,000  in grants to the following eight organizations serving Ripley County.From left; Amy Streator, Jane Yorn and Stuart LampingSafe Passage, Inc.:  $ 500 for Special Events EquipmentMilan 54, Inc.: $ 350 for Capital Campaign MaterialsTown of Osgood: $ 500 for Chairs for Town HallTyson Library Association, Inc.: $ 200 for Electronic EquipmentTown of Milan Park: $ 500 for Refurbishing Playground EquipmentSoutheastern Career Center: $ 500 for Yearbook expensesRipley County Drug Awareness Coalition: $ 200 for “Speak Out” ProgramHoosier Trails Council – Boy Scouts of America: $ 250 for Marketing to GirlsSmall Project Grants are available throughout the year for amounts up to $500.  Applications are now being accepted for the next Small Project Grant Cycle. These are due in our office by 4:00 pm on June 1. Grant guidelines and all applications are available online at: rccfonline.org or please call 812-933-1098 or 877-234-5220 with questions or for more information.From left; Tony Wood, Tammy Wilhoit & David Bultmanlast_img read more

Duke delivers opening night PASS feature win

first_imgAfter taking a weekend off, the PASS sprinters tackle their first two-race weekend on April 6 and 7, at Port Royal Speedway on Saturday and Sunday at BAPS Motor Speedway. Duke made a low-side pass of Kyle Ganoe just past the halfway mark in the race and worked lapped traffic over the final circuits to grab the IMCA RaceSaver Sprint Car win. Ganoe held on for a runner-up finish, followed by hard-charging John Walp, Jeff Weaver and Devin Adams. SPRING RUN, Pa. (March 23) – 2016 Pennsylvania Sprint Series champion Ken Duke Jr. gave notice that he’ll be in the hunt for a second championship in 2019, winning the season-opening feature event Saturday at Path Valley Speedway. Ken Duke Jr. topped the March 23 opening night feature for the Pennsylvania Sprint Series at Path Valley Speedway. (Photo by Paul Wilson) The race went under caution one last time when Reigle damaged his steering in an encounter with an infield marker tire. Duke pulled away when the green flew again and worked traffic to perfec­tion until the checkered flag.center_img On the restart, Duke passed Reigle, then chased down Ganoe. Ganoe had grabbed the early lead from the pole, with outside front row starter Dave Grube spin­ning on the first lap. That moved Cale Reigle into second and that pair led the field for the first nine laps until a red flag for Kyle Keen’s tip-over after an incident with Austin Graby.  Feature results – 1. Ken Duke Jr.; 2. Kyle Ganoe; 3. John Walp; 4. Jeff Weaver; 5. Devon Ad­ams; 6. Jared Zionkowski; 7. Kassidy Kreitz; 8 Daren Bolac; 9. Nick Sweigert; 10. Jake Frye; 11. Keith Prutzman; 12. Dave Grube; 13. Doug Dodson; 14. Cale Reigle; 15. Austin Graby; 16. Kyle Keen.last_img read more

Thelma Clara Deamron

first_imgThelma Clara Deamron, 89, of Versailles, formerly of Dillsboro passed away Saturday, April 6, 2019 at Margaret Mary Health in Batesville.  Thelma was born Monday, February 24, 1930 in Ohio County, the daughter of Martin and Martha (Thomas) Knigga.  She married Clifton Deamron July 1, 1950 and he preceded her in death February 25, 2014. She graduated from Dillsboro High School in 1949.  Thelma formerly worked in the housekeeping department for Dillsboro Manor.  She was a former active member of St. Peters Lutheran Church in Dillsboro,  enjoyed spending time with her family, was active at school with her children, former PTA president and girl scout leader.  She enjoyed her flower beds, gardening and canning vegetables.Thelma is survived by sons: Terry (Diana) Deamron of Greenwood and Ricky (Sandra) Deamron of Greensburg; daughters: Marsha Ann (Michael) Back of Cross Plains and Linda (Ronald) Sniegowski of Aurora; sister Lucille Combs; brother-in-law Marvin Cutter; 8 grandchildren, 2 step-grandchildren; several great and great-great grandchildren and several nieces and nephews.  She was preceded in death by her husband, parents, sister Helen Cutter and brother-in-law Lehman Combs.A service celebrating her life will be held 10 AM Wednesday, April 10, 2019 at Filter-DeVries-Moore Funeral Home in Dillsboro with Pastor Keith Allhandes officiating.  Burial will follow in Oakdale Cemetery.  Family and friends may gather to share and remember her 5-7 PM Tuesday, April 9 also at the funeral home.  Memorials may be given in honor of Thelma to Oakdale Cemetery.  Filter-DeVries-Moore Funeral Home entrusted with arrangements, 12887 Lenover Street, Box 146, Dillsboro, IN 47018, (812)432-5480.  You may go to www.filterdevriesmoore.com to leave an online condolence message for the family.last_img read more

Furyk in charge

first_imgAmerican Jim Furyk took command of the WGC-Bridgestone Invitational on Friday as he looked to make amends for a number of near-misses at Firestone Country Club. “I actually hit it well on the second nine but made a silly six on the second when I was 25 feet away for eagle, putted it up and it came back off the green.” Lee Westwood, Justin Rose, Sergio Garcia and Jordan Spieth were among the group on two under, Spieth finishing his 68 in style with a brilliant birdie on the ninth thanks to a low, running approach from the rough to three feet. Spieth will replace Rory McIlroy at the top of the world rankings with a victory on Sunday, with McIlroy dropping further hints on Friday that he would be fit to defend his US PGA title next week following the ankle injury he suffered playing football at the start of July. Victory at Whistling Straits would make Masters and US Open champion Spieth only the third player in history after Ben Hogan (1953) and Tiger Woods (2000) to win three majors in a single season. “To cap off an incredible year with some more magic would be really cool,” the 22-year-old said. “There’s a special place in the history books for players who have won three in one year – it’s a really short list.” Press Association T he world number six also squandered a one-shot lead with one hole to play in 2012, carding a double bogey from the middle of the 18th fairway to lose out by a shot to Keegan Bradley. Despite a good opening round, Furyk received some tips from his father and coach Mike on Thursday evening and told Sky Sports 4: “I think I’ve found a way to get the ball in the hole. “I drove the ball better today, but I definitely hit my share of poor golf shots, just managed to put them in good spots and get up and down when I needed to. I also made a lot of birdies, I think 13 in two days, and that covers up some mistakes as well.” Lowry, 28, and Watson both matched Furyk’s 66 with six birdies and two bogeys, with Johnson carding a 67 which featured four birdies and a bogey in the last six holes. Lowry finished 77th in the 80-strong field on his debut in 1999 – the year he won the Irish Open as an amateur – and was 48th in 2013, but told Sky Sports 4: “This is one of the courses I came to when I had just turned pro and when you come back six years later I am definitely a much better player. My mental game and maturity is a lot better as well. “At this stage in ’09 I was 16 over par so it’s a big difference.” First-round leader Danny Lee, Sweden’s Henrik Stenson and Graeme McDowell were five off the pace on three under, Stenson carding four birdies and three bogeys in his 68 and McDowell adding a 71 to his opening 66. “I started on the back nine and did not play very well to be honest,” McDowell told Sky Sports 4. “I didn’t hit many fairways and was scrambling and scrambling and hung in there incredibly well. Furyk carded a second consecutive 66 in Akron to finish eight under par, four shots ahead of compatriots Dustin Johnson and Bubba Watson and Ireland’s Shane Lowry. The 45-year-old has recorded nine top-10 finishes in the event, including five in a row from its inception in 1999, and memorably lost a seven-hole play-off to Tiger Woods in 2001. last_img read more

Girls volleyball Bees fall just short of state Class AA title

first_imgA decade that started with a landmark state championship for the Baldwinsville girls volleyball team concluded with the Bees chasing that exact same prize for the third time, only to get denied at the last hurdle.The Bees fought its way to Sunday’s New York State Public High School Athletic Association Class AA title match at Glens Falls’ Cool Insuring Arena before Long Island powerhouse Connetquot stopped them in a three-set decision.In the years since it claimed a second state title in 2013, B’ville had continued to make Section III titles an annual occurrence, but had found it more difficult just to make it back to the state final four. Yet it was Mercy fighting back to take the second set 25-21, and then, facing Connetquot, the Bees lost the opening set to the Thunderbirds 25-19. If it didn’t win the second set, B’ville would have to go through a tie-breaker with Mercy.But since Connetquot had already advanced to the final, it didn’t need the second set, and B’ville had little trouble claiming the second set 25-11 to earn a rematch with the Thunderbirds the next afternoon.From the start of the championship match, Connetquot asserted control through its power at the net and with strong serves. Down 6-1, the Bees traded point for a while, but the Thunderbirds got away and claimed that set 25-12.For a brief moment in the second set, B’ville grabbed a 5-4 lead, and stayed within range for a while even when Connetquot got the lead. Just as in the first set, though, the Thunderbirds would prove too touch and claim a 25-17 decision.All through the third set, any time the Bees tried to put together any sort of run, Connetquot shut it down and pulled further away. By a 25-16 margin, the Thunderbirds earned its third state championship to match those it earned in 2015 and 2017.As for B’ville, it will see eight seniors graduate, including Rileigh Kimball, Summer McClintic, Sophia Kordas, Maddie Shuler and Jenna Wallace, but returns key players like Brooke Clute, Jenna Garvey and Kyrah Wilbur in 2020.Share this:FacebookTwitterLinkedInRedditComment on this Story However, that hurdle was cleared on Nov. 16 when the Bees swept Niskayuna in the AA regional final at Jamesville-DeWitt. Now, back in Glens Falls, the Bees not only had to deal with Connetquot, but Section I’s Ossining and Section V’s Rochester Mercy.It could not have started better late on Saturday afternoon, B’ville taking on Ossining first in round-robin play. The Bees comfortably topped the Pride 25-18 in the first set and then pulled off a 25-11 rout in the second set.Mercy was next, and the Bees scored the first six points against the Monarchs and built a 16-4 advantage before cruising to the 25-14 victory. One more set victory would clinch a state finals berth.center_img Tags: Baldwinsvillegirls volleyballlast_img read more

O’ Connell and Murray to start for Munster

first_imgPaddy Butler replaces CJ Stander in the back row .Tipperary native Tommy O’ Donnell is also named in Anthony Foley’s side.Munster XV v Zebre (Pro 12, Thomond Park, friday, K/O 7:30): Felix Jones – capt, Ronan O’Mahony, Andrew Smith, Denis Hurley, Simon Zebo; Johnny Holland, Conor Murray; James Cronin, Duncan Casey, BJ Botha; Billy Holland, Paul O’Connell; Paddy Butler, Tommy O’Donnell, Robin Copeland.Replacements: Kevin O’Byrne, Dave Kilcoyne, John Ryan, Donncha O’Callaghan, Sean Dougall, Duncan Williams, JJ Hanrahan, Johne Murphy Conor Murray returns to the Munster starting 15 for tomorrow’s clash at Thomond Park.Johnny Holland starts at out half, while Ronan O’ Mahony replaces Andrew Conway on the wing, with Denis Hurley coming in for Ivan Dineen in the centre.Up front BJ Botha takes over at prop from Stephen Archer, while Paul O’Connell starts in the second row.last_img read more

Tipperary schools in action today.

first_imgIn the Higher Education Senior Football League Division 2 the Garda College take on Limerick IT in the Garda College Sports Grounds.In Division 2 of the Senior Hurling League St. Patrick’s College, Thurles entertain IT Tralee – both of those games throw-in at 2 o’clock.There’s also Tipperary interest in the Harty Cup this afternoon. Our Lady’s Templemore meet St Caimins of Shannon in Nenagh while Clonmel High School travel to Fermoy to face Hamilton High School of Bandon – both of these start at 1.30.last_img read more