Releases - Fred. Olsen Production ASA

Found press releases

New CFO

5/8/2013 3:09 AM EST

Brad Neve will be replacing Jørn Røkaas as CFO of Fred. Olsen Production ASA with immediate effect. Brad is a Chartered Accountant and holds Bachelor of Commerce degree from the University of Calgary. Prior to joining FOP as Finance Controller in 2007, Brad held the position of Audit Manager with Deloitte AS. FOP would like to take the opportunity to thank outgoing CFO Jørn Røkaas for his long and excellent service...

NOTICE OF ANNUAL GENERAL MEETING

5/7/2013 5:22 AM EST

Please find attached notice of the Annual General Meeting including appendices, in Fred. Olsen Production ASA on 29th May 2013. The Meeting will be held in Tollbugaten 1B, Oslo.

Q1 2013 RESULT

4/30/2013 2:57 AM EST

Revenues in Q1 2013 were USD 29.3 million (USD 26.9 million in Q1 2012) with an EBITDA of USD 12.2 million (USD 10.3 million). After depreciation of USD 5.6 million (USD 7.1 million) the operating result (EBIT) was USD 6.6 million (USD 3.2 million).
The net financial expenses were USD 0.9 million (USD 1.1 million). The result before tax was USD 5.6 million (USD 2.1 million). Profit after estimated tax was USD 3.5...

ANNUAL REPORT 2012 / PRESENTATION OF Q1 2013 RESULTS

4/25/2013 10:14 AM EST

ANNUAL REPORT 2012

Enclosed please find the Annual Report 2012 for Fred.Olsen Production ASA and the Fred.Olsen Production Group. The report is also available on the company's web site www.fpso.no

PRESENTATION OF Q1 2013 RESULTS

Fred.Olsen Production ASA will present the 1st quarter 2013 financial results on Tuesday 30th April at 9.00 a.m. in their offices in Fred.Olsen gt. 2.
Please register to Dorthé Reinertsen...

Q4 2012 REPORT AND PRELIMINARY RESULT 2012

2/13/2013 3:08 AM EST

Revenues in Q4 2012 were USD 29.0 million (USD 27.8 million in Q4 2011) with an EBITDA of USD 10.0 million (USD 13.5 million). After depreciation of USD 7.1 million (USD 32.5 million whereof vessel impairment comprises USD 25 million) the operating profit (EBIT) was USD 2.9 million (loss USD 19.0 million).

The EBITDA for the year 2012 was USD 44.6 million (USD 43.7 million in 2011), with an EBIT of USD 16.2 million...

Presentation of 4Q and preliminary year end 2012 results

2/6/2013 8:14 AM EST

Fred.Olsen Production ASA will present the 4th quarter 2012 and preliminary year end 2012 financial results on Wednesday 13th February at 9.00 a.m. in their offices in Fred.Olsen gt. 2. Please register to Dorthé Reinertsen via e-mail , by Monday 11th February, at 12.00 hrs.

Financial calendar 2013 for Fred. Olsen Production ASA

12/14/2012 8:17 AM EST

13.02.2013: Q4 2012 and preliminary accounts for 2012 30.04.2013: Q1 2013 29.05.2013: Annual General Meeting 2013 09.07.2013: Q2 2013 23.10.2013: Q3 2013 The dates are subject to changes.

Q3 2012 RESULT

10/26/2012 3:01 AM EST

Operating revenues in Q3 2012 were USD 28.4 million (USD 26.1 million in Q3 2011) with an EBITDA of USD 14.5 million (USD 7.1 million). After depreciation of USD 7.1 million (USD 7.5 million) the operating profit (EBIT) was USD 7.4 million (loss USD 0.4 million).
The net financial expenses were USD 1.5 million (USD 1.3 million). The profit before tax was USD 5.9 million (loss USD 1.8 million). The profit after tax...

PRESENTATION OF 3Q 2012 RESULTS

10/23/2012 4:57 AM EST

Fred. Olsen Production ASA will present the 3rd quarter 2012 financial results on Friday 26. October 2012 at 9.00 a.m. in their offices in Fred. Olsen gt. 2. Please register to Dorthé Reinertsen via e-mail by 2 p.m. Thursday 25. October 2012.

Fred Olsen Production ASA initiates strategic review

10/1/2012 2:55 AM EST

The Board of Fred. Olsen Production ASA (“FOP”) has in its meeting Friday 28thSeptember 2012 resolved to conduct a comprehensive review of strategic options available to FOP, including merger, sale or continued organic growth. In this connection FOP has engaged ABG Sundal Collier Norge ASA (“ABG Sundal Collier”) to act as its financial advisor.

For further information, please contact:

Eirik Barclay, CEO

Cell: +47...

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Fred. Olsen Production ASA

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Fred. Olsen Production ASA (FOP) is listed on the Oslo Stock Exchange (trades under the ticker "FOP") and has been active in the offshore oil & gas production business since 1994.

FOP’s first day of listing was May 11th ...

CONTACT

Fred. Olsen Production ASA
+47 22 34 10 00