Exploration - 02 February 2016

Damen Shipyards Group has announced the completion of a key construction contract, comprising two electric-powered cutter suction dredgers for the Canadian oil sands industry.

The Force forum aims to strengthen cooperation in research and development projects (R&D) at a two-day seminar hosted by the Norwegian Petroleum Directorate.

Underlying replacement cost profit for the full year was US$5.9 billion, compared with US$12.1 billion reported for 2014, down 51%.

The Open Innovation Awards fast track promising ways to reduce fresh water in shale oil and gas production.