This document provides an overview and summary of Atwood Oceanics for investors attending the 20th Annual Oil & Offshore Conference. It summarizes Atwood's strategy of modernizing and expanding its fleet through newbuild rig deliveries from 2011-2015. This will provide a younger fleet of ultra-deepwater floaters and high-spec jackups. The summary also outlines Atwood's strong safety and operating performance, revenue efficiency, and focus on superior shareholder returns. Key details include $3.9 billion in contracted backlog through 2016 and funding for remaining capital expenditures of $1.4 billion through operating cash flows and credit facilities.
Greetings,
Attached FYI ( NewBase Special 22 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Investing in research key to GCC fertilizer industry growth: Al-Sowaidi
• UAE: Offshore reserves to account for 50% of oil production
• Iraq: ShaMaran receives default notice from Atrush Block operator TAQA
• UK: CNR announces report on the Economic Impact Assessment of Unerground coal gasification in the UK
• India : GE chief plans India manufacturing drive
• Nigeria: Chevron, NNPC secure $1.2 billion for drilling of 36 wells
• Oil prices drop as market torn between bulls and bears
• Gulf firms under pressure from low oil price: S&P
• Oil Declines as Focus Swings to Glut From Shrinking U.S. Supply
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since
Greetings,
Attached FYI ( NewBase Special 12 April 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• GCC countries urged to invest in nuclear, solar energy to lessen dependence on oil Pakistan Grants Five Year Tax Holiday for LNG, Gas Import Projects
• Equatorial Guinea:WorleyParsons chosen as for FLNG
• Norway:Faroe Petroleum finds gas at Skirne East (Shango)
• UK: Iona Energy reports Huntington field ready for full ramp up
• Global Trends in Power Generation 2015-2035
• PetroChina Catches Exxon as World’s Most-Valuable Oil Company
• Iran’s return to market to delay oil price recovery
• Experts discuss impact of Iran nuclear deal in Doha forum
As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 22 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Investing in research key to GCC fertilizer industry growth: Al-Sowaidi
• UAE: Offshore reserves to account for 50% of oil production
• Iraq: ShaMaran receives default notice from Atrush Block operator TAQA
• UK: CNR announces report on the Economic Impact Assessment of Unerground coal gasification in the UK
• India : GE chief plans India manufacturing drive
• Nigeria: Chevron, NNPC secure $1.2 billion for drilling of 36 wells
• Oil prices drop as market torn between bulls and bears
• Gulf firms under pressure from low oil price: S&P
• Oil Declines as Focus Swings to Glut From Shrinking U.S. Supply
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since
Greetings,
Attached FYI ( NewBase Special 12 April 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• GCC countries urged to invest in nuclear, solar energy to lessen dependence on oil Pakistan Grants Five Year Tax Holiday for LNG, Gas Import Projects
• Equatorial Guinea:WorleyParsons chosen as for FLNG
• Norway:Faroe Petroleum finds gas at Skirne East (Shango)
• UK: Iona Energy reports Huntington field ready for full ramp up
• Global Trends in Power Generation 2015-2035
• PetroChina Catches Exxon as World’s Most-Valuable Oil Company
• Iran’s return to market to delay oil price recovery
• Experts discuss impact of Iran nuclear deal in Doha forum
As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base 31 august 2021 energy news issue 1453 by khaled al awad iKhaled Al Awadi
NewBase 31 August 2021 Energy News issue - 1453 by Khaled Al Awad i
NewBase 31 August 2021 Energy News issue - 1453 by Khaled Al Awad iv
NewBase 31 August 2021 Energy News issue - 1453 by Khaled Al Awad i
Greetings,
Attached FYI ( NewBase Special 30 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Lower cost producer Qatar well placed to weather sustained fall in LNG prices, says Samba
• UAE: ADOC awards Técnicas Reunidas a contract for the Haild field
• UAE, Japan discuss trade cooperation
• Norway: Final pipe for Polarled Pipeline laid in place
• Germany: First Utility launches in Germany - branded as Shell
• Oil falls after US inventories show buildup
• Natural gas prices in Asia mainly linked to crude oil, but use of spot indexes increases
• U.S. nuclear outages were less than 3% of capacity this summer
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 21 October 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• OPEC Is About to Crush the U.S. Oil Boom
• Qatar: Siemens to supply Turbines to Umm Al Houl Power Plant
• UAE: plays critical role in innovating and diversifying energy sources,
• Nigeria to Split Long-Delayed Petroleum Bill to Speed Passage
• Oil prices move higher on weaker dollar, above three-week low
• OPEC Hosts Meeting With Oil Officials From Non-Member States – No cuts
• Climate pledges for COP21 slow energy sector emissions growth dramatically
• Low oil price impact: OFW remittances decline for first time in over a decade
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Lincoln Crowne & Company Market Update on the Engineering & Mining Services Sectors - featuring news on M & A activity and corporate performance issues for the week ended 15 November 2013
Companies issuing guidance for the week included AJ Lucas, Ausdrill and Forge Group - which continues to be in trading halt (suspension) whilst trying to get a capital raising completed
Greetings,
Attached FYI ( NewBase Special 25 January 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Saudi Aramco chairman says IPO could be open to international markets
• GCC: Is a wave of privatisation about to sweep the GCC?
• Qatar: GE Oil & Gas, Qafco in gas turbines’ maintenance deal
• Egypt: revives manufacturing for wind turbine plans
• Norway Holds Talks on Economic Cost of Oil's Plunge ‘No Crisis’
• Japan Oil Imports Fall to Lowest Since 1988 as Demand Drops
• Crude extends gains after surge on short-covering, cold spell
• Slow return of Iranian oil to global market seen
• Oil ‘a blessing and curse for Russia’s economy’
• Global solar PV installations to reach 321 gigawatts by end-2016
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 12 July 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
Schlumberger Business Consulting's President, Antoine Rostand shared his view...Energy Intelligence
Schlumberger Business Consulting's president, Antoine Rostand shared his views on the challenges of execution from discovery to production within the energy industry and the ability to be able to transform reserves into production.
Microsoft word new base 771 special 24 january 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 24 January 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• UAE: Occidental to expand Al Hosn sour gas project
• Oman is the largest non-OPEC oil producer in the Middle East
• Oman can weather current economic environment, says expert
• Iraq oil exports at record, ‘unaffected by return of Iran’
• UK: Aberdeen once-rich oil city now relying on food banks
• US: winter storm may cause problems for East Coast energy infrastructure
• Oil ends massive slide Up with 9% pop
• US oil drillers park more rigs after latest crude price plunge
• Moody’s slashes oil price estimate for 2016
• Tullow launches huge deepwater production vessel despite oil glut
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 201
Credit Suisse, 19th Annual Summit Energy Conference
February 13, 2014
Rob Saltiel
President and CEO
Atwood Oceanics, Inc.
Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The company currently owns 13 mobile offshore drilling units and is constructing three ultra-deepwater drillships. The company was founded in 1968 and is headquartered in Houston, Texas. Atwood Oceanics, Inc. common stock is traded on the New York Stock Exchange under the symbol "ATW."
New base 31 august 2021 energy news issue 1453 by khaled al awad iKhaled Al Awadi
NewBase 31 August 2021 Energy News issue - 1453 by Khaled Al Awad i
NewBase 31 August 2021 Energy News issue - 1453 by Khaled Al Awad iv
NewBase 31 August 2021 Energy News issue - 1453 by Khaled Al Awad i
Greetings,
Attached FYI ( NewBase Special 30 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Lower cost producer Qatar well placed to weather sustained fall in LNG prices, says Samba
• UAE: ADOC awards Técnicas Reunidas a contract for the Haild field
• UAE, Japan discuss trade cooperation
• Norway: Final pipe for Polarled Pipeline laid in place
• Germany: First Utility launches in Germany - branded as Shell
• Oil falls after US inventories show buildup
• Natural gas prices in Asia mainly linked to crude oil, but use of spot indexes increases
• U.S. nuclear outages were less than 3% of capacity this summer
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 21 October 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• OPEC Is About to Crush the U.S. Oil Boom
• Qatar: Siemens to supply Turbines to Umm Al Houl Power Plant
• UAE: plays critical role in innovating and diversifying energy sources,
• Nigeria to Split Long-Delayed Petroleum Bill to Speed Passage
• Oil prices move higher on weaker dollar, above three-week low
• OPEC Hosts Meeting With Oil Officials From Non-Member States – No cuts
• Climate pledges for COP21 slow energy sector emissions growth dramatically
• Low oil price impact: OFW remittances decline for first time in over a decade
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Lincoln Crowne & Company Market Update on the Engineering & Mining Services Sectors - featuring news on M & A activity and corporate performance issues for the week ended 15 November 2013
Companies issuing guidance for the week included AJ Lucas, Ausdrill and Forge Group - which continues to be in trading halt (suspension) whilst trying to get a capital raising completed
Greetings,
Attached FYI ( NewBase Special 25 January 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Saudi Aramco chairman says IPO could be open to international markets
• GCC: Is a wave of privatisation about to sweep the GCC?
• Qatar: GE Oil & Gas, Qafco in gas turbines’ maintenance deal
• Egypt: revives manufacturing for wind turbine plans
• Norway Holds Talks on Economic Cost of Oil's Plunge ‘No Crisis’
• Japan Oil Imports Fall to Lowest Since 1988 as Demand Drops
• Crude extends gains after surge on short-covering, cold spell
• Slow return of Iranian oil to global market seen
• Oil ‘a blessing and curse for Russia’s economy’
• Global solar PV installations to reach 321 gigawatts by end-2016
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Greetings,
Attached FYI ( NewBase Special 12 July 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
Schlumberger Business Consulting's President, Antoine Rostand shared his view...Energy Intelligence
Schlumberger Business Consulting's president, Antoine Rostand shared his views on the challenges of execution from discovery to production within the energy industry and the ability to be able to transform reserves into production.
Microsoft word new base 771 special 24 january 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 24 January 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• UAE: Occidental to expand Al Hosn sour gas project
• Oman is the largest non-OPEC oil producer in the Middle East
• Oman can weather current economic environment, says expert
• Iraq oil exports at record, ‘unaffected by return of Iran’
• UK: Aberdeen once-rich oil city now relying on food banks
• US: winter storm may cause problems for East Coast energy infrastructure
• Oil ends massive slide Up with 9% pop
• US oil drillers park more rigs after latest crude price plunge
• Moody’s slashes oil price estimate for 2016
• Tullow launches huge deepwater production vessel despite oil glut
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 201
Credit Suisse, 19th Annual Summit Energy Conference
February 13, 2014
Rob Saltiel
President and CEO
Atwood Oceanics, Inc.
Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The company currently owns 13 mobile offshore drilling units and is constructing three ultra-deepwater drillships. The company was founded in 1968 and is headquartered in Houston, Texas. Atwood Oceanics, Inc. common stock is traded on the New York Stock Exchange under the symbol "ATW."
Prelude FLNG Innovations - As presented by Mike Efthymiou,
Professor of Offshore Engineering, University of Western Australia
Managing Innovations in a MegaProject
Side-by-side Offloading
Turret & Mooring
Water Intake Risers
Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The company currently owns 13 mobile offshore drilling units and is constructing three ultra-deepwater drillships. The company was founded in 1968 and is headquartered in Houston, Texas. Atwood Oceanics, Inc. common stock is traded on the New York Stock Exchange under the symbol "ATW."
“Full Speed Ahead” aptly describes Atwood Oceanics’ first ultra-deepwater drillship, the Atwood Advantage, which joined our fleet in mid-December and is pictured on the cover. The Atwood Advantage is the first of four “A-Class” ultra-deepwater drillships that will extend our market presence with state-of- the-art drilling capability, efficiency and safety. With their high transit speeds and superior size, these vessels offer the mobility and flexibility required to efficiently conduct multi-regional drilling campaigns.
Antero Resources updated investor presentation with details on the operations and financials for Antero. Lots of useful information on Antero in particular, and the Marcellus/Utica in general.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
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https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
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https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
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VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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1. 1
September 4, 2013
Pareto Securities 20th
Annual Oil & Offshore
Conference
Mark L. Mey
Sr. Vice President and CFO
2. 2
Forward Looking Statements
Statements contained in this report with respect to the future are forward-looking
statements. These statements reflect management’s reasonable judgment with respect
to future events. Forward-looking statements are subject to numerous risks,
uncertainties and assumptions and actual results could differ materially from those
anticipated as a result of various factors including: uncertainties related to the level of
activity in offshore oil and gas exploration and development; oil and gas prices;
competition and market conditions in the contract drilling industry; the risks inherent in
the construction of a rig; delays in the commencement of operations of a rig following
delivery; our ability to enter into and the terms of future contracts; possible cancelation or
suspension of drilling contracts; the availability of qualified personnel; labor relations;
operating hazards and risks; terrorism and political and other uncertainties inherent in
foreign operations (including risks of war, civil disturbances, seizure or damage to
equipment, and exchange and currency fluctuations); the impact of governmental and
industry laws and regulations; and environmental matters. These factors and others are
described and discussed in our most recently filed annual report on Form 10-K, in our
Forms 10-Q for subsequent periods and in our other filings with the Securities and
Exchange Commission which are available on the SEC’s website at www.sec.gov. Each
forward looking statement speaks only as of the date of this presentation and we
undertake no duty to update the content of this presentation or any forward-looking
statement contained herein to conform the statement to actual results or to reflect
changes in our expectations.
4. 4
Transforming Atwood Oceanics
Multi-year investment in fleet modernization and expansion
Delivering 6 UDW floater and 3 jackup newbuilds from 2011 through
2015
Will own youngest high-specification floater and jack-up fleets in the
industry
Industry-leading safety and reliability performance
Top-tier revenue efficiency, cost control and project management
leads to:
Best-in-class margins
Superior shareholder returns
Growth is fully funded and sourced predominantly from operating
cash flow
Current contract backlog of $3.9 billion
Retain substantial balance sheet flexibility
5. 5
$245
Q1
$527
$651
$787
$253
Q2
$273
Q3
$288*
Q4
$0
$200
$400
$600
$800
$1,000
$1,200
2008 2010 2012 2013
Note: Revenue and Net Income represented on fiscal year basis.
Source: * IPREO Factset dated August 27, 2013
Steady Revenue and Earnings Growth
2008-Present
$ Millions
$73
Q1
$215
$257
$272
$86
Q2
$90
Q3
$96*
Q4
$0
$50
$100
$150
$200
$250
$300
$350
2008 2010 2012 2013
$ Millions
Revenue Net Income
6. 6
Shareholder Return: ATW Vs. Peers*
*As of August 28, 2013
Source: FactSet
125.7%
-4.7%
26.3% 26.6%
41.5%
47.4%
154.2%
-20%
0%
20%
40%
60%
80%
100%
120%
140%
160%
180%
ATW RIG NE DO RDC ESV SDRL
Total Shareholder Return: 3 Year Comparison
809.9%
52.8%
118.7% 125.3% 133.8%
416.5%
0%
100%
200%
300%
400%
500%
600%
700%
800%
900%
ATW RDC RIG ESV NE DO
Total Shareholder Return: 10 Year Comparison
4085.0%
745.7%
290.9%
0%
500%
1000%
1500%
2000%
2500%
3000%
3500%
4000%
4500%
ATW NE RDC
Total Shareholder Return: 20 Year Comparison
25.0%
-4.6%
0.8%
2.7% 2.9%
3.4%
20.5%
-10%
-5%
0%
5%
10%
15%
20%
25%
30%
ATW RIG ESV RDC NE DO SDRL
Total Shareholder Return: 1 Year Comparison
7. 7
Expanding our High Specification Rig Fleet
Five newbuilds delivered on budget and ahead of schedule
2011 2012 2013 2014 2015
Atwood Osprey
Atwood Orca
Atwood Mako
Atwood Manta
Atwood AdvantageAtwood Condor
CALENDAR YEAR
6 Ultra-Deepwater Floaters
3 High-Spec Jackups
$4.5 Billion Investment
Projected $57 million potential annual revenue per jackup
Projected $200 million potential annual revenue per UDW
$1.4 billion in potential total annual revenue from these 9 rigs
Atwood Achiever Atwood Admiral
Delivered and Working Under Construction; Contracted
Atwood Archer
8. 8
Improving Revenue Quality – 2011 vs. 2015
*Source: Atwood internal analysis (pro forma estimate for FY 2015)
10%
80%
10%
FY 2011 Revenue
Ultra Deepwater Floaters
High Spec Jackups
Other
17%
29%
54%
FY 2015 Revenue*
Ultra Deepwater Floaters
High Spec Jackups
Other
9. 9
Fleet Transformation and Growth
Atwood’s fleet has a strong presence in Australia, Southeast Asia and West Africa
Houston, Texas
Headquarters UDW / DW Semisubmersibles
ATWOOD EAGLE
ATWOOD FALCON
ATWOOD HUNTER
ATWOOD OSPREY
ATWOOD CONDOR
VICKSBURG
ATWOOD BEACON
ATWOOD AURORA
Jack-ups
ATWOOD MANTA
ATWOOD ORCA
ATWOOD MAKO
Newbuild Drillships
ATWOOD ADVANTAGE
ATWOOD ACHIEVER
ATWOOD ADMIRAL
ATWOOD ARCHER
11. 11
Revenue
Efficiency
Achieving Top-Tier Execution
Cost
Control
Project
Management
Best-in-class Operating and Net
Margins
Consistent, Superior Shareholder
Returns
2011
- Atwood Osprey
2012
- Atwood Mako
- Atwood Condor
2013
- Atwood Manta
- Atwood Orca
2014
- Atwood
Advantage
- Atwood Achiever
2015
- Atwood Admiral
Key Enablers
- Centralized
maintenance and
technical support
- Consistent standards
and institutionalizing
lessons learnt
- Common equipment
across rigs and
supplier consolidation
- Organic growth with
proven rig designs
and world-class
shipyards
- Early capital project
scoping and detailed
project planning
- Experienced project
management teams
Value Drivers
12. 12
1.05
0.80
0.68
0.0
0.2
0.4
0.6
0.8
1.0
1.2
2008 2010 2012
Continuous Safety Performance Improvement
Fiscal Year 2008-Present
Total Recordable Incident Rate
Atwood Oceanics recognized as leading offshore driller for HSE in 2012*
0.26
0.18
0.06
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
2008 2010 2012
Lost Time Incident Rate
*Results from EnergyPoint Research customer satisfaction survey published February 20, 2013
13. 13
Signed Orca to initial 2-year contract in Thailand Jan 2013
Announced 1Q FY2013 results with 95% revenue efficiency Jan 2013
DeliveredAtwood Orca 10 weeks ahead of schedule April 2013
Announced 2Q FY2013 results with record quarterly revenue May 2013
Agreed to repurchase 2 million shares from Helmerich & Payne May 2013
SignedAtwood Eagle to 2-year contract inAustralia May 2013
SignedAtwood Condor to 39-month contract in the Gulf of Mexico June 2013
SignedAtwood Beacon to 2-year contract in Italy June 2013
SignedAtwoodAchiever to 3-year contract in Morocco June 2013
AtwoodAnnounces 4th Drillship theAtwoodArcher June 2013
Announced 3Q FY2013 results with record quarterly revenue July 2013
SignedAtwood Manta to 2-year contract extension inThailand August 2013
MajorAccomplishments – Year to Date
Partial Listing
14. 14
Contracting of the Vicksburg (early 2014
availability)
Delivery and start-up of theAtwood
Advantage
Contracting ofAtwoodAdmiral (2015
availability)
Calendar 2013 Priorities and Potential Catalysts
16. 16
64 Recent Discoveries in Floater Water Depths*
December 2011 to June 2013
Source: IHS-Petrodata
5
12
4
7
5
5
12
10
7
9
* Water depths greater than 500 ft.
“Golden
Triangle”
Deepwater and ultra-deepwater prospectivity continues to be excellent
18. 18
65%
70%
75%
80%
85%
90%
95%
100%
105%
0
80
160
240
320
400
480
Total Supply Total Contracted Utilization High Spec Contracted Utilization
Jackups: Dayrate and Utilization Improvement Even
as Supply Grows
Source: IHS-Petrodata
Note: Contracted Utilization equals Working Rigs / Total Supply
386
499
Worldwide Jackup Supply and Utilization
19. 19
Accelerating High Spec Jack-Up Dayrate Outlook
Bifurcation driving increased utilization and day rates
Jack-up tenders up significantly over the past 6 months
Driven by demand in the Middle East, SE Asia, Mexico, North Sea and India
Market outlook for 2013 remains favorable
Overall contracted utilization rates for high spec rigs approximately 100%
Dayrates currently in the $165,000 to $195,000 range, depending on the
geographic region and contract term
67 high specification rigs under construction
17 contracted
50 to be delivered over next 40 months
Many older rigs are not likely to return to market
27 jack-up rigs permanently removed from the fleet in 2011 and 2012;
compared to aggregate of 18 rigs for the previous 15 years ending 2010
Jack-up demand continues to shift toward newer, high-specification rigs
Source – IHS, ISI Group, Pareto Securities
20. 20
Atwood Fleet Contract Status
(by calendar year)
Rig Class/Rig Customer
2013 2014 2015 2016
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Ultra-Deepwater Drillships
Atwood Advantage Noble Energy $409K $584K
Atwood Achiever Kosmos Energy Delivery mid-2014 $463K $595K / $661K*
Atwood Admiral Available Delivery early 2015
Atwood Archer Available Delivery Late 2015
Ultra-Deepwater Semisubs
Atwood Osprey Chevron $490K $470K
Atwood Condor Shell $514K $555K
Deepwater Semisubs
Atwood Eagle
Woodside / BHP /
Apache/Woodside
$436K / $385K $460K
Atwood Falcon Apache $385K
Atwood Hunter Noble Energy/GEPetrol $435K/$510K $515K
Jack-Ups
Atwood Aurora Glencore / Addax $155K $165K / $193K*
Atwood Beacon Shemen Oil / ENI $175K
Atwood Mako Salamander $145K $155K
Atwood Manta CEC International $145K $160K
Atwood Orca Mubadala Petroleum $160K
Vicksburg CEC International $105 / $115K
Contracted (current)
Contracted (follow on work)
Shipyard
Mobilization (as of 9/1/13)
Firm Term
26.7 Rig Years
Firm Revenue
$3.9 Billion
* Rates shown are “exclusive of tax / inclusive of tax”
23. 23
30
945
509 514
30
724
509 514
221
0
100
200
300
400
500
600
700
800
900
1000
CAPEX Contracted Cashflow
Debt Uncontracted Cash Flow
1. Excludes $293 million of maintenance and other CAPEX and capital spares for 2013, 2014, 2015 and 2016
2. CAPEX for 2013 represents projections for remaining month for fiscal 2013
Future Capital Expenditures Fully Financed
($ millions)• $1.4 billion1 in remaining total
capital expenditures as of
September 1, 2013
• Approximately $2.0 billion in
contracted after tax cash flow
through 2016 is available to
fund these expenditures
• With the exercise of the $200
million Credit Facility
accordion, we are fully funded
for all construction costs
• Credit metrics peak in mid-
2014 with the delivery of the
Atwood Achiever
• Debt-to-cap and debt to
EBITDA ratios are maintained
below 40% and 2.7 times,
respectively
Fiscal Year
2014 2015 201620132
24. 24
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
FY 2014 FY 2015 FY 2016 FY 2017
High-Spec Jackups Ultra-Deepwater
Earnings Growth Through Newbuild Rig Deliveries
* Comparison versus FY2012 earnings; EPS analysis excludes any increases in Operating or SG&A
costs or interest expense during the 4 year period
Atwood Manta
Atwood Orca
Atwood Advantage
Atwood Achiever
Atwood Achiever
Atwood Admiral
Atwood Admiral
Atwood Archer
Assumptions:
UDW Floaters – Dayrate of $600,000, operating cost of $190,000 (inflation-adjusted), revenue efficiency
of 95% and a tax rate of 13%
High Specifications Jack-ups – Dayrate of $170,000,operating costs of $65,000 (inflation-adjusted),
revenue efficiency of 95% and a tax rate of 13%
Atwood Archer
Potential Incremental $6.74 Earnings Per Share from Newbuild Rig Deliveries*
26. 26
The Atwood Advantage
High-Quality
Operating Fleet
with Aggressive
Growth Initiative
Strong Backlog
with High Quality
Customers
Knowledgeable
and Experienced
Management Team
Attractive
Geographic
Diversity
Established
Reputation for Safe
and Efficient
Operations
Significant
Liquidity and
Financial Flexibility
Industry-Leading
Margins and
Shareholder
Returns