Drilling & production - 18 July 2016

Strainstall, part of James Fisher and Sons plc, has received a major contract with the Japanese Penta Ocean-Toa joint venture.

The takeover bid made by the PALFINGER Group for the Norwegian ship equipment supplier TTS Group ASA has been approved.

Offshore Energy will be hosting an extensive conference programme in October 2016, themed ‘Entering a new era'.

EnQuest PLC has announced that it is holding discussions with Delek Group Ltd for the sale by EnQuest to one of Delek’s subsidiaries of an interest in the Kraken development.

BP predicts it will take an after-tax non-operating charge of around US$2.5 billion in its 2Q16 results.