MOL Group posts almost US$1 billion profit in 2016
The company significantly outperformed its initial US$2 billion target for 2016 and delivered a clean CCS EBITDA of US$2.15 billion, which is only moderately down compared with the previous year.
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The company significantly outperformed its initial US$2 billion target for 2016 and delivered a clean CCS EBITDA of US$2.15 billion, which is only moderately down compared with the previous year.
ABS has expanded its subsea services team to deliver specialised validation and verification services for subsea systems, including subsea hardware, flowlines, umbilicals, and risers.
Delegates at this week’s ITF Technology Showcase will be given an insight into how a novel snake-arm robot could take offshore inspection to a new level ahead of its first trial with Chevron.
Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The transaction is subject to approval by the authorities.
LGO can confirm that Rig#18 has now been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir.
Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, has announced that it will be posting to Shareholders a Circular regarding a proposed merger in respect of the Company's Eragon Assets.
L&N Scotland, an Aberdeen-based subsea manufacturer, has announced that it has been successful in upgrading its ISO 9001:2008 certification to the new International Quality Standard ISO 9001:2015.
Noble Energy, Inc. has announced that it has sanctioned the first phase of the Leviathan natural gas project offshore Israel, with first gas targeted for the end of 2019.
Lundin Norway AS, operator of production licence 533, has completed the drilling of wildcat well 7219/12-1 and appraisal well 7219/12-1 A (Filicudi). The well proved oil and gas.
Sparrows Group has secured a five year contract to deliver hydraulic, lifting and rigging services for Maersk Oil’s UK floating assets.
Dr Patrick O’Brien, CEO Industry Technology Facilitator (ITF), argues that the oil and gas industry needs innovation to survive and thrive.
New reimaged data covers 1000 OCS blocks ahead of large regional lease block turnover.