
Kværner ASA: Q4 2015 results: steadily strengthening solidity
The results reinforce Kvaerner's already strong financial position and resilience against market conditions.
Browse the latest drilling & production news and articles.

The results reinforce Kvaerner's already strong financial position and resilience against market conditions.

Nexans will provide power cabling to Samsung Heavy Industries for TOTAL’s Egina oil field FPSO platform.

Major oil producers (including Venezuela & Qatar) also agreed to freeze output at January 2016 levels.

Bhagwan Marine has announced it has completed a transaction to acquire Perth based company Delta Subsea.

According to a new World Energy Council study, which looks at where and how fast the revolution is taking place.

NuQuest is a digital platform providing standard well data coupled with corresponding reservoir characterisation, and engineering expertise.

Haugesund mayor Arne-Christian Mohn started the machine cutting the steel for the Johan Sverdrup drilling platform.

Bhagwan Marine has announced the signing of a multi-year, multi-vessel contract to provide marine support to American company, Foss Teras Marine.

Egdon Resources plc has announced the commencement of drilling operations at the Laughton-1 exploration well in UK Onshore Licence PEDL209 located in Lincolnshire.

API applauded the bipartisan passage of H.R. 644, Conference Report to Accompany the Trade Facilitation and Trade Enforcement Act.

Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.

This year's International Petroleum (IP) Week was held just two months after the historic COP21 agreement reached in Paris last December.