zoom Houston-based McDermott posted quarterly profit of $25.5 million, or 9 cents per fully diluted share, compared to $500K loss in the fourth quarter 2016. McDermott’s result for the full-year 2017...

zoomSteve Swindell, managing director of Xodus Subsea 7 has agreed to acquire a 60% holding in Xodus Group from Chiyoda. Chiyoda will retain a 40% holding as a joint venture...

EIA reserve estimates for USA for 2016 have been issued (a couple of months later than usual). The numbers they provide are ‘proven’ reserves of crude, condensate and natural gas. The...

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Sparrows Group secures 2 five-year contracts with TAQA to deliver crane operations, maintenance, rigging loft and fixed lifting inspection services to its UK Continental Shelf assets. Source link