
Financial results for Ithaca Energy
Ithaca Energy Inc. has reported its 1H16 financial results, discussing its cashflow, pipelines, average oil production and more.
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Ithaca Energy Inc. has reported its 1H16 financial results, discussing its cashflow, pipelines, average oil production and more.

Africa Oil Corp. announces 2016 second quarter financial and operating results.

The oil and gas technology supplier is targeting further worldwide growth after securing an internationally-recognised quality assurance certificate.

The company’s Chapter 11 Plan of Reorganization is now in effect; Sabine Oil & Gas to emerge as a private company.

Mr. D.H.M. Wood as Management Board member and Chief Financial Officer.

For Q2 2016, the Company reported a net income of US$156.1 million, or US$1.83 basic and diluted earnings per share.

Since the removal of restrictions on exporting US crude oil in December 2015, the number of countries receiving exported US crude has risen sharply.

British firms encouraged to set their sights on international expansion to sustain long term growth.

The company will manage the co-ordination and mobilisation of 10 rigging lofts to support operations across Nexen’s North Sea assets.

James Fisher and Sons plc has reported the acquisition of Hughes Sub Surface Engineering Ltd.

The theme of this year’s forum is “Navigating the Cycle.”

The company will be showcasing its production of complex components for O&G operations at ONS 2016.