MOL Group 2018 results: Highest EBITDA since 2011
Clean CCS EBITDA rose by 16% in the last quarter compared with Q4 2017 resulting in an EBITDA of US$2.69 billion for 2018.
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Clean CCS EBITDA rose by 16% in the last quarter compared with Q4 2017 resulting in an EBITDA of US$2.69 billion for 2018.
The company has completed the previously announced acquisition of the 6% shareholding in Horse Hill Developments Ltd from Doriemus PLC.
The survey will be carried out in the Campos Basin in Brazil.
Neptune Energy and Sonatrach have announced that first gas has gone in to the Touat project in Algeria as part of project commissioning.
The company has started the production of oil and natural gas of P-76, the third platform to enter production in the Búzios field.
Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty chemicals to help customers achieve production and reliability goals in applications from the reservoir to the refinery.
Jason 10.0, HampsonRussell 10.4 and PowerLog 10.0 also feature advanced machine learning capabilities and greater cross-product integration.
The endorsement follows a decade of efforts by Equatorial Guinea to join the initiative, which seeks to address key governance issues of transparency and accountability in the extractive sectors.
Several hundred offshore oil and gas wells could cease production by 2021 in the face of today’s bearish oil market.
United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced the results of an independent Competent Person’s Report prepared by ERC Equipoise Ltd covering the Walton-Morant licence, offshore Jamaica.
The company’s scope includes the full development of Tyra’s integrity management programme, developing risk-based assessments (RBAs) that will enable effective and optimised inspection and monitoring.
The contract with Stena secures the rig for transport at the end of May, targeting a June 2019 spud date.