• 2021 July 28 18:20

  NOVATEK announces consolidated IFRS results for Q2 and H1 of 2021

  

  PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and six months ended 30 June 2021 prepared in accordance with International Financial Reporting Standards (“IFRS”). 

  IFRS Financial Highlights (in millions of Russian roubles except as stated)

  2Q 2021	2Q 2020		1H 2021	1H 2020
  260,552	140,641	Oil and gas sales	501,301	323,236
  3,900	3,298	Other revenues	7,734	5,265
  264,452	143,939	Total revenues	509,035	328,501
  (195,164)	(116,239)	Operating expenses	(373,983)	(262,774)
  186	(14,077)	Other operating income (loss)	(436)	(47,313)
  69,474	27,336	Normalized profit from operations*	134,616	66,237
  83,247	37,655	Normalized EBITDA of subsidiaries*	159,872	83,038
  163,230	71,270	Normalized EBITDA including share in EBITDA of joint ventures*	307,066	171,938
  (14,648)	(50,903)	Finance income (expense)	(13,040)	90,550
  58,364	72,007	Share of profit (loss) of joint ventures, net of income tax	73,211	(73,224)
  113,190	34,727	Profit before income tax	194,787	35,740
  99,287	41,564	Profit attributable to shareholders of PAO NOVATEK	164,439	10,884
  88,958	21,220	Normalized profit attributable to shareholders of PAO NOVATEK*, excluding the effect of foreign exchange gains (losses)	164,731	74,767
  29.63	7.07	Normalized basic and diluted earnings per share*, excluding the effect of foreign exchange gains (losses) (in Russian roubles)	54.86	24.87
  47,381	61,340	Cash used for capital expenditures	88,827	102,483

  ^* Excluding the effects from disposal of interests in subsidiaries and joint ventures (recognition of a net gain on disposal and subsequent non-cash revaluation of contingent consideration).

---

2024 November 4

17:27	Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg
15:52	Paradip Port to be fully mechanised by 2030
14:13	Autonomous vessel to sail 1,500 km from Mumbai to Tuticorin
13:48	DPA Kandla in a plan for new container terminal and multipurpose berth with ₹27,000 crore investment
12:18	China's 41st Antarctic expedition begins
10:34	10 years old Meyer Turku aims for carbon-neutral shipbuilding
09:41	Port of Vancouver vessel traffic management system enhances marine safety and trade efficiency throughout Burrard Inlet

2024 November 3

15:57	Babcock completes deep maintenance of Lambeth River Station
14:09	Fincantieri and BQ Solutions sign MoU to advance naval education and training in Qatar 31 October 2024
12:51	Rolls-Royce develops new mtu energy and automation solutions for future submarines
10:19	Cepsa changes its name to Moeve
09:46	Singapore says no oil sightings arising from oil-related incidents

2024 November 2

18:06	Singapore’s first fully electric cargo vessel wins Green Ship Award at SRS Forum
17:20	VTTI looks to buy into LNG terminals in Asia
16:48	Hudong-Zhonghua Shipbuilding signs contracts for 12 large container ships in the past 10 days
16:32	CHIMBUSCO secures its first LNG refueling service in Europe
15:46	SLB OneSubsea awarded subsea boosting contract for bp’s Kaskida project in Gulf of Mexico
15:24	Wilson Sons to start construction of three new eco-friendly tugboats in 2025
14:57	Rem Offshore holds keel laying ceremony for REM Pioneer
12:30	World's first conversion of large container ship to run on methanol successfully completed
11:52	New offshore platform taps into potential of heavy-oil reserves in China
11:24	HRDD completes desulphurization tower system conversion for a PCTC
09:48	TOWT launches its first cargo sailing ship in Le Havre

2024 November 1

18:00	Marlink to deploy Sealink NextGen hybrid solution on 26 tankers for Transpetro
17:38	Austal Australia delivers 8th Evolved Cape-class Patrol Boat to Royal Australian Navy
17:23	Acteon and Applied Fiber enter MoU to collaborate on mooring solutions
16:54	KOTUG International and Maritalia S.A. secure major marine services contract for bp’s Greater Tortue Ahmeyim gas project
16:24	BW LPG takes delivery of vessel BW Chinook from Avance Gas
15:44	HD Hyundai may nearly double shipbuilding capacity in Vietnam
15:24	Samsung Heavy Industries secures $390 mln contract for four Suezmax tankers
14:36	EU imposes duties on unfairly subsidised electric vehicles from China
14:23	Port of Montreal workers at two terminals start new strike
13:41	Chinese ports container volume rises 7.7 % from January to September of 2024
13:22	MOL, COSCO Co-host 6th Shanghai International LNG Shipping Forum
12:43	Global schedule reliability drops to 51.4% in September 2024
12:22	GTT secures technical services contract with Maran Tankers for eight LNG Dual-Fuel Suezmax vessels
11:45	MSC inks up $2.1bn container ship at the reborn shipyard Rongsheng Heavy Industries
11:28	China's first 'smart factory' for offshore oil, gas equipment fully operational
10:43	Yanmar completes land-based demonstration testing of a hydrogen engine for power generation in coastal vessels
10:23	Samsung Heavy wins W358 bln LNG ship order in Asia
09:58	EU greenhouse gas emissions fell by over 8% in 2023

2024 October 31

18:00	MAN receives multiple orders for MAN B&W G95ME-LGIM Mk 10.5 methanol engines to power a series of VLCV
17:23	The Marechal Duque de Caxias platform ship starts producing in the pre-salt layer
17:06	IWS Seawalker CSOV makes it 1000 ship designs from Kongsberg Maritime
16:45	“K” Line Wind Service and Japan Marine United sign agreement for Phase 2 of NEDO’s Green Innovation Fund Project
16:04	Wärtsilä introduces its innovative NextDF feature for the Wärtsilä 25DF dual-fuel engine
15:45	MOL plans to change charter contract for vessels related to Russia business
15:44	MABUX: Bunker price trends in the world's four largest hubs, Oct 8 - Nov 1, 2024
15:23	HHLA raises expectations for fiscal year 2024
14:59	Major fire extinguished at UK nuclear submarine yard
14:16	AD Ports Group and Somali Ministry of Fisheries & Blue Economy sign MoU for maritime sector development
13:44	Maersk reports Q3 results
12:43	UECC orders four advanced multi-fuel battery hybrid pure car and truck carriers from China Merchants Jinling Shipyard Nanjing
11:39	Japanese сonsortium produces design concept for eco-friendly VLCC
11:12	TMC Compressors bags contract to supply four LNG carriers
10:46	Panama Canal operating costs down 5% in FY2024
09:29	HIF Global and Antarctica21 promote sustainable tourism with e-Fuels

2024 October 30

18:00	East Java Multipurpose Terminal partners with Sinarmas LDA Usaha Pelabuhan
17:22	Container traffic at Iranian ports up 5% in the first half of the current Iranian calendar year
17:06	CIMC SOE delivers second 7,600 cbm LNG bunkering vessel to Seaspan Energy
16:42	Klaveness Combination Carriers makes first move into wind with bound4blue eSAIL system on CABU III newbuild
16:23	Transport workers' strike in Argentina to affect port operations
15:59	South Korea's seaport container cargo up 3.5 pct in Q3
15:46	Stena Line marks significant milestones in build of NewMax ships, Stena Futura and Stena Connecta
14:55	DNV and LR grant AiP to HD Hyundai Heavy Industries for ammonia duel-fuel large container vessel
14:45	Jiaxing Port adds a new sea-river intermodal operation area
13:32	Maersk signs long-term methanol sourcing deal
13:08	MOL and Pyxis sign Collaboration Agreement for development and market expansion of electric vessels in Singapore and Japan
12:40	AD Ports Group and the General Department of Vietnam Customs sign MoU
12:21	TE H2, CIP, and A.P. Møller Capital Partner for a large-scale project in the Kingdom of Morocco