Total records better-than-expected 2Q18 profits
Total has reported an increase of 44% on its adjusted net profit for 2Q18. The oil and gas major said its profit for the period was US$3.6 billion, surpassing analysts’ expectations of US$3.4 billion.
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Total has reported an increase of 44% on its adjusted net profit for 2Q18. The oil and gas major said its profit for the period was US$3.6 billion, surpassing analysts’ expectations of US$3.4 billion.
A Low Motion Semisubmersible (LMS) developed by the Keppel-NUS Corporate Laboratory, an industry-university partnership between Keppel Corporation and the National University of Singapore (NUS), has been awarded the Prestigious Engineering Achievement Award 2018 under the category of Applied Research and Development by The Institution of Engineers, Singapore (IES).
Baker Botts, L.L.P., a leading international law firm, announced that it has represented BHP Billiton in its binding agreements for the sale of its entire interests in the Eagle Ford, Haynesville, Permian and Fayetteville Onshore US oil and gas assets for a combined base consideration of US$10.8 billion, payable in cash.
Trelleborg’s marine systems operation welcomes PIANC’s announcement that it will establish a new Working Group (MarCom WG 211), which will consult with a number of leading fender suppliers, including Trelleborg, with the objective of updating its 2002 Guidelines for the Design of Fender Systems – marking a significant step towards industry-wide fender best practice.
International energy consultancy Xodus Group has appointed Dr Tao Zhao as its new advanced engineering lead.
The joint venture, which will be jointly owned and managed, will be called Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company).
The company also marked the first tool setting on telecoil in its history during the project, carried out on behalf of an operator active in the region.
On behalf of BAPCo and Schlumberger, 2H Offshore designed a tripod CSP with boat landing that can support three surface trees with a total work area of just 90 square meters.
The contract covers the project management and engineering, transportation, installation and pre-commissioning of umbilicals and flying leads as well as manifolds.
Eland Oil & Gas PLC, an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, through its joint-venture subsidiary Elcrest Exploration and Production Nigeria Ltd has announced the following update on the Opuama-10 well on Opuama Field, OML 40.
Wellesley Petroleum AS, operator of production licence 925, is in the process of completing the drilling of wildcat well 35/12-7 in the North Sea.
Following the acquisition of Exova Group Ltd in June 2017, Element has created one, world-class global testing services partner and the rebrand of its laboratories marks the strengthening of its global presence in oil & gas testing.