John Wood Group Plc reported a fall in full-year core earnings due to challenging conditions in its core oil and gas markets and said it expects only a modest growth in core earnings for the full year
Exploration & Production
Lamprell, GustoMSC to develop jackup rig design
Rig-maker Lamprell Plc said it would develop a jackup rig design with Dutch engineering company GustoMSC
France's Total takes stake in Abu Dhabi offshore gas concessions for US$1.45bn
The Abu Dhabi National Oil Company (ADNOC) has awarded Frances Total a stake in two offshore concessions to boost gas production, aimed at meeting domestic energy demands and cutting gas imports
Eni's Egypt JV reaches 500 mmbbl cumulative production
Italian oil major Eni has said that AGIBA, its joint venture with Egyptian General Petroleum Corporation, on Thursday reached 500 mmbbl of cumulative production
Xodus Group delivers Tunisian decommissioning study for TPS
Energy services company Xodus Group has delivered a decommissioning and abandonment study for wells, surface and subsea facilities in Tunisia for Thyna Petroleum Services (TPS)