Lamprell shares dive on FY core loss, revenue outlook cut

Rig North SeaRig-maker Lamprell Plc posted a full-year core loss compared with earnings last year, hurt by losses in its offshore wind farm project in the North Sea

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TechnipFMC's CFO sees price pressures stabilising in the Middle East

Oil Rig Technip StoryTechnipFMC PLC's chief financial officer Maryann Mannen said the company's surface business in the Middle East markets was beginning to see stabilising price pressures and improving volumes after more than two years

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AIS Training and Restrata collaborate to improve training for emergencies

RestrataIndustrial training specialist, AIS Training and safety and security giant, Restrata, are joining forces to develop and deliver advanced incident management training for the energy sector

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Eni sells 10 per cent stake in Egypt’s concession to Mubadala Petroleum

Eni MubadalaEni has agreed to sell a 10 per cent stake in the Shorouk concession, offshore Egypt, where Zohr's super-giant gas field is located to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company

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Gardner Denver extends global reach with Jebel Ali, Dubai facility

Jebel AliGardner Denver Petroleum & Industrial Pumps, solutions provider to the drilling, well servicing and frac pumps market, has announced the opening of a Dubai facility, expanding the organisation’s international reach

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