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SINGAPORE - Tuesday, October 25th 2016 [ME NewsWire]

(BUSINESS WIRE)-- The global liquefied natural gas industry takes a major step forward today with the launch of a new online trading platform for the sector.

The GLX global LNG exchange will facilitate auctions of LNG cargoes on behalf of buyers and sellers anywhere in the world. It will also support the development of transparent regional price benchmarks for the commodity.

The platform will be open to all buyers and sellers of LNG to trade single cargoes, also known as spot cargoes.

GLX founder and CEO Damien Criddle said the LNG market had grown substantially in recent years, with about 75 sellers and 75 buyers engaged in the worldwide trade. Mr Criddle observed that there is currently no efficient way to bring buyers and sellers together, with most cargoes traded on a bilateral basis between parties which had existing relationships.

“A global exchange for LNG means sellers can be s ... Read more »

Views: 265 | Added by: uaeonlinenews | Date: 10.25.2016 | Comments (0)

Data and Digital product enhancements help insurers meet needs of an increasingly fast-paced, data-centric, and digitally-driven world

SAN FRANCISCO - Tuesday, October 25th 2016 [ME NewsWire]

(BUSINESS WIRE)-- CONNECTIONS 2016–Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property/Casualty (P/C) insurers, today announced the 2016.2 release of Guidewire InsurancePlatform™. Built specifically for the P/C insurance industry, InsurancePlatform combines three elements – core operations, data and analytics, and digital engagement – that work together to enhance insurers’ ability to respond to industry changes and better engage and empower their customers, agents, and employees. The release features enhancements to Guidewire’s Data and Digital product families and improves capabilities that support policyholders, agents, actuaries, and IT professionals.

“The pace of change facing Property/Casualty ... Read more »

Views: 257 | Added by: africanewsline | Date: 10.25.2016 | Comments (0)

TV Entertainment Reality Network (TERN) expands the global reach of its Ultra HD channel INsight TV with North American launch on the SES-1 satellite

LUXEMBOURG - Tuesday, October 25th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) today announced a strategic capacity and playout agreement with TERN to deliver the interactive Ultra HD (UHD) channel, INsight TV, to television platforms and audiences across North America. INsight TV is the latest in a series of channels to join SES’s 4K Ultra HD distribution neighbourhood aboard a trio of advanced satellites (SES-1, SES-3 and AMC-18) located at the centre of the orbital arc over the region.

TERN launched its INsight TV Ultra HD and HD channels a year ago across Europe on SES satellites. The North American programming feed will originate from SES’s MX1 playout centre in Munich, Germany, where it will be fibered to SES’s teleport in Woodbine, Maryland. From there ... Read more »

Views: 196 | Added by: uaeonlinenews | Date: 10.25.2016

GREENSBORO, N.C. - Tuesday, October 25th 2016 [ME NewsWire]

(BUSINESS WIRE)-- APEX Analytix®, the industry leader in AP auditing, profit recovery, and working capital optimization of global financial supply chains, continues to expand its global presence with the opening of a new location in the heart of Kowloon eastern district, Hong Kong. The new office is the latest example of purposeful growth for the Greensboro, North Carolina-based company.

“The world’s largest organizations turn to us for innovations to safeguard their disbursements but also gain operating efficiencies and optimize working capital in their global financial supply chain,” says Steve Yurko, CEO of APEX Analytix. “We’ve been remotely operating in the APAC region for a long time, but as demand for our AP recovery audit services and our software solutions continue to grow, we have committed ourselves to be with our clients in this region, serving them where they ar ... Read more »

Views: 221 | Added by: uaeonlinenews | Date: 10.25.2016

Dubai, United Arab Emirates - Tuesday, October 25th 2016 [ME NewsWire]

IMA® (Institute of Management Accountants), the association of accountants and financial professionals in business announced a record-breaking growth of its flagship certification, the CMA® (Certified Management Accountant) credential in fiscal year (FY) 2016, ending June 30.

The premier global management accounting certification reached a milestone of 50,000 holders since the program was created in 1972. In FY 2016, 3,838 CMAs earned the credential; a record number for any fiscal year. In addition, 18,761 new candidates enrolled in the program – a 20% jump from 2015 – which brings the number of candidates who chose to join the program in the past five years to 70,000.

"This rise in numbers – as well as respect and influence – confirms that the CMA continues to be the leading global management accounting credential in the world," said Jeff Thomson, ... Read more »

Views: 225 | Added by: africa-live | Date: 10.25.2016 | Comments (0)

The Water Abundance XPRIZE and Anu & Naveen Jain Women’s Safety XPRIZE Launch in India

NEW DELHI - Monday, October 24th 2016 [ME NewsWire]

(BUSINESS WIRE)-- At a United Nations Day reception today in New Delhi, Marcus Shingles, CEO of XPRIZE, and Zenia Tata, executive director of Global Expansion at XPRIZE, announced the launch of two new competitions: the Water Abundance XPRIZE and the Anu & Naveen Jain Women’s Safety XPRIZE.

Aimed at sparking breakthrough solutions to two urgent grand challenges, the US$1.75M Water Abundance XPRIZE sponsored by Tata Group and Australian Aid aims to alleviate the global water crisis with energy-efficient technologies that will harvest fresh water from thin air. The Water Abundance XPRIZE challenges teams from around the world to revolutionize access to fresh water by creating a device that extracts a minimum of 2,000 liters of water per day from the atmosphere using 100% renewable energy, at a cost of no ... Read more »

Views: 196 | Added by: africa-live | Date: 10.25.2016 | Comments (0)

Leading global provider of floating production services to the oil and gas industry chooses O3b to help lower costs and improve operational efficiency, gaining significant competitive advantage

ST. HELIER, Jersey - Monday, October 24th 2016 [ME NewsWire]

(BUSINESS WIRE)-- O3b Networks, technology solutions company RigNet and floating production service provider MODEC, are pleased to announce an agreement to provide high-throughput, low latency connectivity for MODEC’s Floating Production Storage and Offloading (FPSO) vessels off the coast of Brazil.

FPSOs today have become the primary production method for many offshore oil and gas producing regions around the world. An FPSO is a floating production system that receives fluids from a subsea reservoir through risers, which then separate fluids into crude oil, natural gas, water and impurities within the topsides production facilities onboard. Crude oil stored in the storage tanks of the FPSO is offloaded ... Read more »

Views: 170 | Added by: uaeonlinenews | Date: 10.25.2016

HOUSTON - Monday, October 24th 2016 [ME NewsWire]

    Revenue of $7.0 billion decreased 2% sequentially
    Pretax operating income of $815 million increased 9% sequentially
    GAAP EPS was $0.13. Excluding Cameron merger and integration charges, EPS was $0.25
    Cash flow from operations was $1.4 billion. Free cash flow was $699 million
    Quarterly cash dividend of $0.50 per share approved

(BUSINESS WIRE)-- Schlumberger Limited (NYSE:SLB) today reported results for the third quarter of 2016.     

To view the full report and tables please click here.

View this news release online at:


Schlumberger Limited

Simon Farrant – Schlumberger Limited, Vice President of Investor Relations

Joy V. Domingo – Schlumberger Limited, M ... Read more »

Views: 319 | Added by: uaeonlinenews | Date: 10.25.2016


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