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Offshore & subsea - 25 October 2018

Equinor announces 3Q18 financial results

The Norwegian company has reported adjusted earnings of US$2 billion after tax in 3Q18, and reduced its net debt ratio by 1.5% to 25.7%.


TechnipFMC releases 3Q18 results

Total company revenue was US$3 143.8 million, while net income was US$136.9 million, or US$0.30 per diluted share.


Woodside Energy: GWF-2 commences production

The company has announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production.