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Drilling & production - 28 February 2017

 

MOL Group posts almost US$1 billion profit in 2016

The company significantly outperformed its initial US$2 billion target for 2016 and delivered a clean CCS EBITDA of US$2.15 billion, which is only moderately down compared with the previous year.

 

ABS expands subsea services team

ABS has expanded its subsea services team to deliver specialised validation and verification services for subsea systems, including subsea hardware, flowlines, umbilicals, and risers.