Drilling & production - 28 October 2015

WEG will demonstrate how its energy-efficient solutions can help the oil and gas industry address today’s challenges at this year’s ADIPEC show in Abu Dhabi.

Contract between Kongsberg Evotec and CSSC Huangpu Shipyard for the delivery of two LARS systems for remote operated vehicles.

A new report from Lloyd’s Register Energy reveals that 47% of oil and gas executives say they have fallen short of their innovation goals in 2015.

Decrease in revenue during the third quarter of 2015.

CGG has announced that it has been appointed as technical consultant by the Gabonese Republic's Ministry of Petroleum and Hydrocarbons to help with the promotion of its 11th Licensing Round.

Shell have decided to stop its Alberta oilsands project, due to cutting costs in addition to a shortage of pipeline capacity, which constrains the growth of Canada’s oilsands industry.

Resilient US oil production will prompt additional volatility in the market.

The company has announced that the Horizontal Wellbore Production System, which was deployed over the summer, was retrieved in early October.

Keppel's latest delivery is the fourth KFELS B Class jackup rig to work for Arabian Drilling Company.

Statoil delivered adjusted earnings of NOK 16.7 billion and adjusted earnings after tax of NOK 3.7 billion in the third quarter.