Aker Solutions ASA: Q 1 2016 results
Aker Solutions has provided a summary of their financial highlights for the first quarter of 2016.
Browse the latest drilling & production news and articles.
Aker Solutions has provided a summary of their financial highlights for the first quarter of 2016.
Technip has announced the signing of a 4 yr extension of its 5 yr initial contract with Petrobras S.A. for its Flexible Pipes Logistic Base.
Canada's National Energy Board (NEB) projects that both Canada's natural gas production and its domestic natural gas consumption will increase through the next decade.
Current predictions are that a global oil supply shortfall of 4.5 million bpd could be possible by 2035 if exploration results do not improve.
Trelleborg receives API verification for pipe bend technology.
The company is expanding into Kazakhstan with its reaming drillable turbine technology.
Statoil has reported adjusted earnings of US$857 million in the first quarter of 2016.
The contract will focus on the supply and rental of Liner Hanger products and services.
Both gross margins and earnings per share results exceeded have exceeded the company's expectations for the quarter.
The first-of-its-kind partnership agreement aims to strengthen the performance of the Iraqi energy sector.
The results show that BP is approaching its near-term goal of rebalancing its cash flows and maintaining a strong operational performance.
Peak Well Systems’ SIMULTRA retrievable bridge plug has received a V0 certification at 10 000 psi.