Petroleum Geo-Services ASA: Second Quarter Presentation

OSLO, NORWAY, Jul 29 (MARKET WIRE) —

The second quarter presentation can be downloaded at www.newsweb.no or
www.pgs.com

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Phone: +47 67 51 43 75
Mobile: +47 90 77 78 41

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Phone: +47 67 51 43 16

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Phone: +1 281 509 8712

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Q2 2010
Presentation: http://hugin.info/115/R/1434696/380258.pdf

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Lost play credited to Shakespeare

Scholars have ruled that a play found in the 18th century was written by William Shakespeare in partnership with another dramatist, John Fletcher.

The play called Double Falsehood had previously been dismissed as a forgery but will now be added to the Shakespeare canon.

There are still questions, however, about how much of the play was penned by the Bard and how much by the relatively obscure Fletcher.

Professor Brean Hammond from Nottingham University is one of the world’s leading scholars on Shakespeare and says the authors took turns writing the play.

“I think Shakespeare is probably responsible for very large parts of the first act, the second act and at least half of act three,” he said.

“At that point I think we see another hand taking over and it’s Fletcher.”

The work will be published under the title Double Falsehood even though it is based on the Shakespeare play the History of Cardenio.

Dr Huw Griffiths, a lecturer in early modern literature at Sydney University, says Double Falsehood should be treated as an adaptation.

“We don’t have Cardenio which is the play that it is supposed to be based on, and so really what you’re getting published is the 18th-century adaptation,” he said.

“[It is] carefully kind of annotated in such a way to make readers aware of what elements may or may not be by Shakespeare and/or Fletcher and what elements are clear adaptations.

“So in the absence of proof that it is a fake, to a certain extent we have to kind of think about what elements are Shakespeare and what elements aren’t.”

Debate not over

But Dr Griffiths says the debate about the authenticity of the work is far from over.

“Hopefully we will see performances of it and people other than academics can make their own judgment about whether or not they see elements of Shakespeare in it,” he said.

Dr Griffiths says the original manuscript of Double Falsehood was likely further compromised when it was found early in the 18th century.

“A guy called Tibbald or Lewis Theobald claimed that he had found a manuscript of it and staged it as Double Falsehood,” he said.

“But like a lot of 18th-century Shakespeare adaptations he probably changed it an awful lot, so the only text that we have is a kind of 18th-century adaptation of a supposedly lost Shakespeare play.

“Nevertheless, it is still kind of significant in that it gives us access to something like a Shakespeare play that a lot of people won’t have seen before or read before.”

Professor David Carnegie, an expert of theatre at the University of Wellington, staged the world premiere of Cardenio.

“Basically it is a double love story – two young couples,” he said.

“Things go very badly wrong when a prince betrays his closest male friend and steals his mistress as well as betraying his own mistress.

“Basically everybody goes up into the mountains and goes mad or utterly distraught from love and finally things reach a romantic ending at the finish.”

Professor Carnegie agrees with the Guardian newspaper’s assessment that the ending is terrible to modern ears.

“There is of course a feminist debate about a woman marrying her rapist, and from that point of view it is terrible to modern ears,” he said.

“But if you accept the romantic conventions of the time, then the women actually end up getting what they want, we think.”

Others out there?

Double Falsehood might not be the last lost work according to Professor Evelyn Tribble, the former president of the Australia New Zealand Shakespeare Association.

“In the entire field of renaissance drama, there are far more plays mentioned than we have,” she said.

“What we do know though is that Shakespeare’s people, who were very closely associated with Shakespeare, collected his works.

“These would have been men that acted with him for years. They probably would have done their best to track down anything that was certainly written solely by Shakespeare.

“[But] in fact, they didn’t include a couple of things that were written that seemed to be co-written so much.

“It is not impossible that something more could be found.”

‘Double Falsehood’ based on William Shakespeare’s lost play

London, Mar 16 (ANI): It has emerged that a play that was first discovered nearly 300 years ago is based on lost manuscripts of William Shakespeare’s.

The play, titled ‘Double Falsehood’, had been written by Shakespeare and another dramatist, John Fletcher.

And though theatre impresario Lewis Theobald presented the play in the 18th century as an adaptation of a Shakespeare play, it was dismissed as a forgery.

But scholars for British Shakespeare publisher, Arden, now believe the Bard wrote large parts of the play.

Researchers think the play is based on a long-lost work called Cardenio, which was itself based on Don Quixote.

“I think Shakespeare’s hand can be discerned in Act One, Act Two and probably the first two scenes in Act Three of the play,” the BBC quoted Professor Brean Hammond as saying.

Professor Hammond of Nottingham University is the editor of the latest Arden Shakespeare collection, which includes Double Falsehood.

“At least half of the plays written in the period were written collaboratively,” Hammond told Radio 4’s Today programme.

It is already established that Shakespeare wrote two other plays with Fletcher towards the end of his career, ‘Henry VIII’ and ‘The Two Noble Kinsman’.

Professor Hammond believes Double Falsehood was written shortly after the translation of Don Quixote came out in 1612.

The play was performed at least twice in 1613. (ANI)

Baby chimps better at controlling emotions than human babies

London, Sept 8 (ANI): When it comes to controlling emotions, baby chimps do it better than human babies, concludes a new study.

The research, which investigated the facial expressions of young chimpanzees, may explain why some babies cry so much and are so inconsolable.

In the study, scientists found that baby chimps almost always cry for a reason, in contrast to some of the crying of human babies.

The study’s boffins reckon the finding may result from difference in brain development between the two species, with human babies being born with slightly less developed brains than chimps, reports The Independent.

“If you pick up a baby chimp when it’s fussing [crying], it calms down and stays calm.

“Anybody who has had a fussy child knows it is well within the range of the human norm that if you pick them up then they are still fussy,” said Professor Kim Bard of Portsmouth University. (ANI)

Fury over Romeo and Juliet sex shop opening next to Bard’s birthplace

London, May 30 (ANI): Shakespeare’s hometown Stratford-upon-Avon is witnessing serious response after a sex shop received a thumbs up to have its opening near the Bard’s birthplace.

The upcoming launch of Romeo and Juliet’s Adult Boutique, looking to sell saucy toys and porn DVDs just yards from where thousands flock every year to visit the playwright’s home, has incurred the wrath of community leaders.

Rev Martin Gorick, vicar of Holy Trinity Church where Shakespeare is buried, fears the raunchy shop would disgrace the poet’s home in Warwickshire.

“It depresses me – something so seedy will be in such a prominent position,” the Sun quoted him as saying.

“It’s a degradation of the environment. It’s a very prominent shop in a family area where schoolkids congregate,” he added.

Mayor Cllr Jenny Fradgley further said: “It’s not the image people want for Stratford.”

But owner Katie Gilbert, 33, believes products such as sweets shaped like Romeo and Juliet having sex would re impose Shakespeare’s treatment of passion in his plays.

She said: “We’ll have Shakespeare-style novelty gifts, as well as lingerie and things for stag and hen parties. Some people are too stuffy about the place.

“If you look at Shakespeare’s plays they were all about sex. I think he’d have approved.”

A spokeswoman for the Shakespeare Birthplace Trust added: “We don’t have a problem with it as such. Many retailers and restaurants use names associated with Shakespeare. It is no surprise this shop does the same.” (ANI)

Mischa Barton wants to land role in Shakespearean play

Washington, Apr 25 (ANI): Mischa Barton is so determined to land a role in a Shakespearean play that she has taken a course on the playwright to boost her chances of landing a part.

The beauty wants to concentrate on her stage career, and therefore, has decided to take a break from pursuing movie roles.

Barton insists that gaining a part in one of the Bard’s works is her top priority, reports Contactmusic.

She says, “I recently did a Shakespeare course because they don’t teach Shakespeare properly in American schools.

“But I suppose as with any play it is about finding the right cast and actors and script for you.” (ANI)

Fed’s Yellen says U.S. economy not out of the woods

NEW YORK (Reuters) – Tentative signs of improvement in recent economic data do not mean the U.S. economy is out of the woods, Janet Yellen, president of the San Francisco Federal Reserve, said on Thursday.

Yellen, a voting member of the policy-setting Federal Open Market Committee in 2009, said the carnage of the credit market bust has made her reconsider whether the Fed should take preemptive action against developing asset bubbles, which she said can be economic “time bombs.”

“The negative dynamics between the real and financial sides of the economy have created severe downside risks,” Yellen told a conference organized by the Levy Economics Institute of Bard College in New York.

“While we’ve seen some tentative signs of improvement in the economic data very recently, it’s still impossible to know how deep the contraction will ultimately be.”

Yellen said that as the United States enters its sixth quarter of recession, economic activity and employment are still contracting sharply as the “adverse feedback loop” between financial markets and the overall economy rolls on.

Fed credit policies have created “a few welcome signs of stability” but financial markets remain highly stressed, an impediment to recovery, Yellen warned.

POPPING ASSET BUBBLES

Yellen spoke at length on the unbridled risk-taking that led to the financial and economic meltdown, reexamining whether central banks such as the Fed should act to prevent asset bubbles as they develop.

“It’s evident that episodes of exuberance, like the ones that led to our bond and house price bubbles, can be time bombs that cause catastrophic damage to the economy when they explode,” Yellen said.

Many factors combined to create the U.S. housing price bubble earlier this decade, with the Fed’s accommodative policy of 2002 to 2004 — a “calculated risk” against deflation — among them, Yellen said.

Although the financial crisis that erupted in 2007 is often associated with the U.S. subprime mortgage market, Yellen said risky practices were at work “broadly” in the U.S. and global financial system and many U.S. households enthusiastically joined a “cult” of risky behavior.

“When optimism is high and ample funds are available for investment, investors tend to migrate from the safe hedge end of the … spectrum to the risky, speculative and Ponzi end,” she said.

The Fed’s standard line has usually been that monetary policy is too blunt of a tool to use to target asset bubbles.

“Now that we face the tangible and tragic consequences of the bursting of the house price bubble, I think it is time to take another look,” Yellen said.

Credit booms hold more dangerous systemic risks than other asset bubbles, such as the technology stock boom of the late 1990s that was mopped up with comparatively little damage, she said.

“I can now imagine circumstances that would justify leaning against a bubble with tighter monetary policy.”

Like many of her Fed colleagues, Yellen said action needed to be take to clean up the financial regulatory and financial system.

“The current system of supervision is characterized by uneven and fragmented supervision, and it’s riddled with gaps that enhance the opportunity for regulatory arbitrage,” she said.

Systemically important institutions, including certain banks, insurance firms, investment firms, and hedge funds, should be subject to consolidated supervision by a single agency, Yellen added.

(Writing by Ros Krasny in Chicago; Editing by Leslie Adler)

How restorers wiped away Shakespeare’s changing appearance from his portrait

London, March 28 (ANI): The restoration work on William Shakespeare’s portrait, 100 years after his death, actually removed a superimposition that could have revealed an insight into the changing appearance of one of the world’s greatest playwright.

When art conservators joined hands to restore two rare portraits of Shakespeare, they thought they were removing paint daubed on the canvases more than 100 years after the Bard’s death to reveal “authentic” portraits beneath.

According to a report in the Independent, it has emerged that they were, in fact, wiping away priceless insights into the changing appearance of Shakespeare.

The images, which had been superimposed on both paintings, had actually been painted in Shakespeare’s own lifetime, and showed how he looked as he aged.

The so-called “restoration” could now go down in art history as one of the biggest blunders on record.

A newly discovered picture of Shakespeare called the Cobbe portrait (painted when he was still living) and another version called the Folger portrait, were both irreversibly “cleaned up” in this way.

New research has revealed both portraits were probably altered during Shakespeare’s lifetime, or within a decade or so of his death in 1616, while his friends and associates were still alive.

In the Cobbe portrait, the sitter was given a bouffant hairstyle, whereas in the Folger portrait, his hair at the front was replaced by a bald forehead.

The Cobbe work is believed to have been painted for the Earl of Southampton. It is possible the Earl may have wanted a more flattering image of the playwright.

The Folger portrait, on the other hand, may have been altered to reflect Shakespeare’s appearance at the time of his death, six years after the original painting.

Rupert Featherstone, director of the Hamilton Kerr Institute in Cambridge, which undertook technical investigations into the Cobbe portrait, admitted that in hindsight, it was unfortunate conservators had removed the overpaint.

“We can no longer peer down a microscope to look at the physical evidence of the overpaint,” he said. (ANI)

Dylan’s toilet is raising a stink

Dylan's toilet is raising a stink Los Angeles – Legendary protest singer Bob Dylan is getting some protests of his own over a portable toilet at his exclusive Malibu compound which neighbors say is fouling up the neighbourhood’s ocean air, the Los Angeles Times reported Tuesday.

Borrowing one of the folk bard’s most famous lines, the report said that the stench “blowin’ in the wind” had made members of one family ill and forced them to abandon their bedrooms on warm nights.

The family claimed that Dylan, 67, has ignored their complaints for six months.

“It’s a scandal — ‘Mr Civil Rights’ is killing our civil rights,” said David Emminger, whose home is directly behind the toilet, and whose front yard now features five industrial-sized fans that attempt to blow the odor back at Dylan, but which are usually overpowered by the ocean breezes.

A complaint to the city has yielded no help for the neighbours.

A city manager told the paper however that he had driven by the property where Dylan has lived for 20 years and couldn’t detect any obnoxious smells. (dpa)

William Shakespeare’s six new works ‘unearthed’

London, Mar 18 (ANI): An academic claims to have unearthed six previously unrecognized works of legendary playwright William Shakespeare.

Dr. John Casson, an independent researcher and psychotherapist, has found Shakespeare’s first published poem the Phaeton sonnet, his first comedy Mucedorus, and his first tragedies Locrine and Arden of Faversham.

Over a period of three years, Casson studied writings that he thought were connected to Shakespeare, and explored the life and letters of aristocrat Sir Henry Neville, considered by some academics to be the latest candidate for the authorship of Shakespeare’s plays.

“Some people have said, ‘we don’t know if this is by William Shakespeare’, so I’ve been able to study them and say ‘yes, here’s the evidence for Shakespeare but here’s also the evidence for Neville,’ so I’ve been able to link the two,” the Telegraph quoted Casson as saying.

“I started off looking at works where we weren’t sure whether they were by Shakespeare or not and I tested them to see if there was any evidence for Henry Neville.

“I’ve found evidence pouring out and I’ve been able to show Shakespeare’s development from his early days,” he added.

Casson has published his findings in a book titled Enter Pursued by a Bear, which was launched work in Manchester’s John Rylands Library that houses one of the first folios of Shakespeare’s plays dating back to 1623, and an edition of the Bard’s sonnets from 1609.

“The folio on display contains what many think are the complete works of Shakespeare, but I have discovered six new plays that are all by the Bard, but which never made it into this 400-year-old collection,” he said.

“What we thought were the first plays by Shakespeare appeared anonymously in the early 1590s.

“It is inconceivable, however, that his first plays were the massive trilogy of Henry VI. Writers develop over time from simpler beginnings,” he added.

Casson claims to have discovered a pseudonym ‘Phaeton’ in a sonnet, which he believes is the earliest pen name used by Shakespeare.

He also talks about the discovery of what he considers to be the first sketch of the Falstaff character that appears in Henry IV parts 1 and 2 and The Merry Wives of Windsor. (ANI)

Robert Burns is first non-Royal to be honoured with three collections of stamps

London, Jan 19 (ANI): Scottish poet and lyricist Robert Burns has become the first non-Royal to be honoured with three collections of stamps.

Burns, whose new edition of stamps will be unveiled by the Royal Mail this week, has outdone even wartime leader Winston Churchill, who got just two editions, and William Shakespeare and Charles Dickens, who both got just one edition each, reports the Scotsman.

The Bard’s honour is the crowning glory of a 50-year-old campaign for Scotland’s icon to be recognised by the Royal Mail, and a miniature sheet of the first-class stamps, which feature two Burns designs and four Scottish designs, will be released on January 22.

One of the stamps features the title of the poem ‘A Man’s a Man For a’ That’, with a detail from a copper-plate engraving from a painting by James Sargent Storer of Robert Burns turning up a mouse in her nest with his plough, inspired by Burns’s poem ‘To A Mouse’.

The second stamp features Alexander Nasmyth’s famous portrait of the Ayrshire poet.

The other four stamps feature a saltire, a thistle, a lion rampant and a cloth of tartan.

The first edition of Burns stamps, finally issued in 1966, were meant to celebrate the 200th anniversary of his birth in 1959, but the campaign was originally denied by Parliament despite 30 questions being asked in the House.

However, in 1964, Labour MP Tony Benn reversed the decision when he became postmaster general, and the first two commemorative stamps were released.

In 1996 a second collection of four stamps, each one featuring a line of Burns’ poetry, were released in commemoration of the 200th anniversary of his death.

A Robert Burns commemorative 2 pounds coin, produced in association with the Royal Mint, will also be on sale. (ANI)

Robert Burns dubbed ‘racist, misogynist drunk’ by leading historian

London, Jan 5 (ANI): Late Scottish poet Robert Burns has been dubbed a ‘racist, misogynist drunk’ by a leading historian, who says that the Bard is not a fitting figure for Scotland”s 2009 Homecoming celebrations.

Michael Fry has put down Burns as a role model, and said that there were other more heroic figures like William Wallace, Robert the Bruce or Bonnie Prince Charlie who could better promote Scotland”s image abroad.

The Bard, as Burns is known in Scotland, is the main attraction for the Homecoming, with a series of events designed to attract visitors to Scotland kicking off on Burns Night later this month.

The event will mark the 250th anniversary of the Bard”s birth, and it will continue until St Andrew”s Day in November.

“Burns was a drunk, misogynistic, racist philanderer,” the Scotsman quoted Fry as saying.

“Perhaps he was not untypical of Scots, but we have to wonder whether this is the right image for the modern Scotland.

“By all means, let us celebrate the poetry according to its merits. But, in the same critical spirit, let us deal honestly with the man who wrote that poetry,” he stated.

On Burns being a role model for the modern Scots, Fry said that everyone would start being irresponsible like the Bard.

“We could repeatedly get drunk. In this condition, the males among us could ”lay” one woman after another, following discussion of their respective merits in dirty talk with our drouthie cronies, he said.

“Needless to say, this would be unprotected sex performed in a spirit of utter indifference to potential pregnancies, amang the rigs o”barley perhaps. Irksome consequences would be the females” own silly fault.

“It is only right to mark Burns” 250th anniversary in a literary sense. But in 2009, his example, in a practical sense, could well send Scotland straight down the tubes.

“Are there not, at the very least, other heroes preferable for a period of adversity? It is difficult to see Burns as an inspiration for testing times,” he added.

The Scottish Government hopes that the Homecoming will assist the country during the economic crisis, and also boost the tourist trade throughout the year.

“Robert Burns is an international cultural icon and one of Scotland”s favourite sons. He was both a man of his time and of all time. He wouldn”t have been human without flaws, and his egalitarian ideals have helped cement his universal and timeless appeal,” a Scottish Government spokesman added. (ANI)