Drilling & production - 25 February 2020

The company generated a net loss of US$36 million in 4Q19.

The centre will train drilling and well control personnel in the onshore and offshore oil and gas industry, with the aim of boosting competence and safety.

Renato Barbedo will work with operators across the continent to deploy Tendeka’s broad range of products and technologies.

Equinor has concluded that the project’s potential is not commercially competitive.

The centre in King Salman Energy Park will manufacture well completions technologies.