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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  GC Rieber Shipping ASA    RISH   NO0010262686

GC RIEBER SHIPPING ASA

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GC Rieber Shipping: Shearwater GeoServices awarded a marine 3D seismic survey by PETRONAS Suriname E&P B.V.

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09/21/2020 | 01:32am EDT
GC Rieber Shipping ASA's 19% owned geoservices company Shearwater GeoServices
Holding AS ("Shearwater") today announced the award of a large towed streamer 3D
seismic survey for Block 52, offshore Suriname by PETRONAS Suriname E&P B.V.
(PSEPBV), a subsidiary of PETRONAS.  PETRONAS is an integrated global energy
company and the Americas is one of the regions the company is focusing on. The
four-month project is scheduled to commence in Q4, 2020.

The 3D seismic survey covers surface area of 6,200 sq. km in Suriname's Block 52
and will be carried out by the Geo Caribbean vessel. PSEPBV is the operator of
Block 52 with 50% participating interest together with partner, ExxonMobil
holding the remaining 50%.

Contact information:

Einar Ytredal, CEO, GC Rieber Shipping, phone: +47 975 20 184
Øystein Kvåle, CFO, GC Rieber Shipping, phone: +47 479 02 919

About GC Rieber Shipping:

GC Rieber Shipping is a shipowner and project-house with focus on developing
profitable and sustainable maritime projects.

Further information about the company, please go to www.gcrieber-shipping.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange


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Financials
Sales 2019 202 M 21,7 M 21,7 M
Net income 2019 14,4 M 1,55 M 1,55 M
Net Debt 2019 912 M 98,1 M 98,1 M
P/E ratio 2019 49,0x
Yield 2019 -
Capitalization 508 M 54,6 M 54,6 M
EV / Sales 2018 7,84x
EV / Sales 2019 8,00x
Nbr of Employees 32
Free-Float 8,24%
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Income Statement Evolution
Managers
NameTitle
Einar Ytredal Chief Executive Officer
Paul-Christian Rieber Chairman
Jan René Myran Chief Operating Officer
øystein Kvåle Chief Financial Officer
Bjørn Valberg Technical Director
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