The results reflect that the company's cost reduction programme has been successful.
Drilling & production - 26 May 2016
Technip Umbilicals Ltd has received a contract by Statoil ASA to supply the umbilical to the Oseberg Vestflanken 2 field offshore Norway.
Old and partly lost slots that were given up as providers of new production triggered new solutions for Snorre B.
Yamal oil has been shipped by sea for the first time in the history of Russia's oil and gas industry.
Tap Oil Ltd has provided an update on the Sri Trang-1 well in the Northern Gulf of Thailand (Tap 30% interest).
BP has started up a major water injection project at its Thunder Horse platform, extending the production life of one of the biggest deepwater fields in the US Gulf of Mexico.