ENSCO

OptiFuel’s Total-Zero™ 5600 hp RNG-Electric Line Haul Locomotive and RNG-Powered Tender are on Track for Testing at the Federal Railroad Administration’s Transportation Technology Center

Retrieved on: 
Thursday, January 11, 2024

The RNG-powered line haul locomotive produces 5100 hp of continuous power from zero emission Cummins RNG engines using OptiFuel’s Quick-Power™ technology with a peak power of 5600 hp with the standard LFP battery pack.

Key Points: 
  • The RNG-powered line haul locomotive produces 5100 hp of continuous power from zero emission Cummins RNG engines using OptiFuel’s Quick-Power™ technology with a peak power of 5600 hp with the standard LFP battery pack.
  • Partially funded with a Department of Energy (DOE) grant, the program will perform pre-production testing at the Federal Railroad Administration’s (FRA) Transportation Technology Center (TTC) for 12 months.
  • In 2026, OptiFuel will start a 2-year, 1-million-mile test program with ten pre-production 5600 hp RNG line haul locomotives and five 10,000 DGE RNG tenders operating around the US.
  • The RNG line haul locomotive is estimated to be priced around $5.5 million and can be purchased or leased.

Clearer Skies Ahead: Aircraft Synthetic Vision System Market's Strong 3.6% CAGR Anticipated from 2023-2028

Retrieved on: 
Tuesday, September 19, 2023

DUBLIN, Sept. 18, 2023 /PRNewswire/ -- The global aircraft synthetic vision system (SVS) market, with a 2022 size of US$ 458.4 million, is poised for substantial growth, projecting to reach US$ 590.2 million by 2028. This expansion reflects a robust Compound Annual Growth Rate (CAGR) of 3.6% anticipated during 2023-2028.

Key Points: 
  • The "Aircraft Synthetic Vision System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Understanding Aircraft Synthetic Vision Systems:
    Aircraft Synthetic Vision Systems (SVS) represent a reality-based technology utilizing 3D capabilities to assist pilots during flight.
  • Industry players, investors, researchers, consultants, business strategists, and those seeking involvement in the aircraft synthetic vision system market will find this report indispensable.
  • How has the global aircraft synthetic vision system market performed and what are its prospects for the coming years?

Alpine 4 Holdings (ALPP) Subsidiary Vayu Aerospace Corporation and ENSCO Enter into a Drone Sales Agreement for Its US-1 Long Flight Duration Drone

Retrieved on: 
Wednesday, March 23, 2022

Vayu's President, TK Eppley commented, "When I was hired 9 months ago, I was tasked with building out a drone production facility.

Key Points: 
  • Vayu's President, TK Eppley commented, "When I was hired 9 months ago, I was tasked with building out a drone production facility.
  • It's incredibly gratifying to be fulfilling orders and to be doing business with a company of Ensco's caliber."
  • Kent Wilson, CEO of Alpine 4, had this to say, "TK and his team have done a great job professionalizing the airframes Vayu offers.
  • ENSCO is a provider of engineering, science, and advanced technology equipment for the defense, security, transportation, and aerospace industries.

Ensco Rowan plc Reports First Quarter 2019 Results

Retrieved on: 
Wednesday, May 1, 2019

Ensco Rowan plc (NYSE: ESV) (EnscoRowan or the Company) today reported a loss of $1.75 per share for first quarter 2019 compared to a loss of $1.29 per share a year ago.

Key Points: 
  • Ensco Rowan plc (NYSE: ESV) (EnscoRowan or the Company) today reported a loss of $1.75 per share for first quarter 2019 compared to a loss of $1.29 per share a year ago.
  • Since the EnscoRowan merger was completed on April 11, 2019, first quarter 2019 results reflect the performance of Ensco only.
  • This was partially offset by the addition of ENSCO DS-9, ENSCO DS-10, ENSCO 140 and ENSCO 141 to the active fleet.
  • As noted above, the first quarter 2019 tax provision included $1 million of discrete tax expense compared to $9 million of discrete tax benefit in first quarter 2018.

Ensco Rowan plc Schedules First Quarter 2019 Earnings Release and Conference Call

Retrieved on: 
Wednesday, April 17, 2019

Ensco Rowan plc (NYSE: ESV) will hold its first quarter 2019 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT and 3:00 p.m. London) on Thursday, 2 May 2019.

Key Points: 
  • Ensco Rowan plc (NYSE: ESV) will hold its first quarter 2019 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT and 3:00 p.m. London) on Thursday, 2 May 2019.
  • The earnings release will be issued before the New York Stock Exchange opens that morning.
  • Ensco Rowan plc (NYSE: ESV) is the industry leader in offshore drilling services across all water depths and geographies.
  • Ensco Rowan plc is an English limited company (England No.

Ensco plc and Rowan Companies plc Merge to Form Ensco Rowan plc, Industry-Leading Offshore Driller

Retrieved on: 
Thursday, April 11, 2019

Under the terms of the transaction agreement, Rowan shareholders received 2.750 Ensco shares for each Rowan share they owned immediately prior to closing.

Key Points: 
  • Under the terms of the transaction agreement, Rowan shareholders received 2.750 Ensco shares for each Rowan share they owned immediately prior to closing.
  • Legacy Ensco and Rowan shareholders own approximately 55% and 45%, respectively, of the outstanding shares of EnscoRowan.
  • Carl Trowell, EnscoRowans Executive Chairman, stated, The combination of Ensco and Rowan creates an industry-leading offshore driller across all water depths, establishing a stronger company capable of thriving throughout the market cycles.
  • It is EnscoRowans intention that the senior notes issued by Ensco plc and the senior notes issued by Rowan Companies Inc. guaranteed by Rowan Companies plc will be made pari passu and equal in right of payment with each other.

Semtech and PS Business Parks Set to Join S&P MidCap 400; Century Communities and Boot Barn Holdings to Join S&P SmallCap 600

Retrieved on: 
Thursday, April 4, 2019

S&P SmallCap 600 constituent PS Business Parks Inc. (NYSE: PSB) will replace Rowan Companies plc (NYSE: RDC) in the S&P MidCap 400, and Boot Barn Holdings Inc. (NYSE: BOOT) will replace PS Business Parks in the S&P SmallCap 600.

Key Points: 
  • S&P SmallCap 600 constituent PS Business Parks Inc. (NYSE: PSB) will replace Rowan Companies plc (NYSE: RDC) in the S&P MidCap 400, and Boot Barn Holdings Inc. (NYSE: BOOT) will replace PS Business Parks in the S&P SmallCap 600.
  • Post-merger, Ensco will change its name to Ensco Rowan plc and will remain in the S&P MidCap 400.
  • Headquartered in Greenwood Village, CO, the company will be added to the S&P SmallCap 600 GICS Homebuilding Sub-Industry index.
  • Headquartered in Irvine, CA, the company will be added to the S&P SmallCap 600 GICS Apparel Retail Sub-Industry index.

Ensco plc Receives Clearance from the General Authority for Competition in the Kingdom of Saudi Arabia for Pending Combination with Rowan Companies plc

Retrieved on: 
Wednesday, March 27, 2019

Ensco plc (NYSE: ESV) (Ensco) today announced that it has received clearance from the General Authority for Competition in the Kingdom of Saudi Arabia for its pending combination with Rowan Companies plc (NYSE: RDC) (Rowan).

Key Points: 
  • Ensco plc (NYSE: ESV) (Ensco) today announced that it has received clearance from the General Authority for Competition in the Kingdom of Saudi Arabia for its pending combination with Rowan Companies plc (NYSE: RDC) (Rowan).
  • As disclosed on February 21, 2019, shareholders of both Ensco and Rowan voted to approve the pending all-stock transaction under which Rowan shareholders will receive 2.750 Ensco shares for each Rowan share they own.
  • HSBC Securities (USA) Inc. and Citigroup Global Markets Inc. also provided financial advice to Ensco.
  • Ensco plc (NYSE: ESV) brings energy to the world as a global provider of offshore drilling services to the petroleum industry.

Ensco plc Announces Cash Dividend

Retrieved on: 
Monday, February 25, 2019

Ensco plc (NYSE: ESV) announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.01 per Class A ordinary share payable on 22 March 2019 to holders of Enscos shares as of the 11 March 2019 record date.

Key Points: 
  • Ensco plc (NYSE: ESV) announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.01 per Class A ordinary share payable on 22 March 2019 to holders of Enscos shares as of the 11 March 2019 record date.
  • Ensco uses its website to disclose material and non-material information to investors, customers, employees and others interested in the Company.
  • To receive regular updates on Ensco news or SEC filings, please sign-up for Email Alerts on the Companys website.
  • Ensco plc (NYSE: ESV) brings energy to the world as a global provider of offshore drilling services to the petroleum industry.

Rowan Companies plc and Ensco plc Shareholders Approve Pending Combination

Retrieved on: 
Thursday, February 21, 2019

Rowan Companies plc (NYSE: RDC) (Rowan) and Ensco plc (NYSE: ESV) ("Ensco") jointly announced today that both companies shareholders voted to approve the pending all-stock transaction under which Rowan shareholders will receive 2.750 Ensco shares for each Rowan share they own.

Key Points: 
  • Rowan Companies plc (NYSE: RDC) (Rowan) and Ensco plc (NYSE: ESV) ("Ensco") jointly announced today that both companies shareholders voted to approve the pending all-stock transaction under which Rowan shareholders will receive 2.750 Ensco shares for each Rowan share they own.
  • Tom Burke, Rowans President and Chief Executive Officer, said: We are pleased that Rowan shareholders overwhelmingly support the pending combination with Ensco and have voted to approve the transaction.
  • We wish to thank Rowan shareholders for their continued support and look forward to completing the transaction with Ensco.
  • Carl Trowell, Enscos President and Chief Executive Officer, stated: We are gratified that Ensco shareholders recognize the strategic and financial merits of our pending combination with Rowan.