Rig-maker Lamprell Plc posted a full-year core loss compared with earnings last year, hurt by losses in its offshore wind farm project in the North Sea
Lamprell shares dive on FY core loss, revenue outlook cut
Industry
TechnipFMC's CFO sees price pressures stabilising in the Middle East
TechnipFMC PLCs chief financial officer Maryann Mannen said the companys surface business in the Middle East markets was beginning to see stabilising price pressures and improving volumes after more than two years
AIS Training and Restrata collaborate to improve training for emergencies
Industrial training specialist, AIS Training and safety and security giant, Restrata, are joining forces to develop and deliver advanced incident management training for the energy sector
Eni sells 10 per cent stake in Egypt’s concession to Mubadala Petroleum
Eni has agreed to sell a 10 per cent stake in the Shorouk concession, offshore Egypt, where Zohrs super-giant gas field is located to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company
Gardner Denver extends global reach with Jebel Ali, Dubai facility
Gardner Denver Petroleum & Industrial Pumps, solutions provider to the drilling, well servicing and frac pumps market, has announced the opening of a Dubai facility, expanding the organisation’s international reach
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