Higher oil prices more than double ExxonMobil profit

By Offshore Energy Today.. U.S. oil major ExxonMobil saw a 122 percent increase in its first quarter 2017 earnings, compared to those recorded in the prior-year quarter, boosted by higher oil prices. The oil major on Friday posted earnings of $4 billion for 1Q 2017, compared with $1.8 billion a year earlier, resulting from improvements…

Berlin LNG Filling Station Opens

By NGV Global Liqvis, the LNG fuel supply subsidiary of German energy company Uniper, together with the food industry service provider Meyer Logistik have opened the first publicly accessible fueling station for liquefied natural gas in Berlin. Located in Grünheide on the east Berlin Ring (A10), on Meyer Logistik company property. It is open to…

Dril-Quip eyeing more acquisitions

By _Offshore_Energy_Today_ Oilfield services company Dril-Quip has revealed its plans for new acquisitions if an opportune candidate is found, despite posting a decrease in income for the first quarter of 2017. The company recorded a net income of $94,000 for the 1Q 2017 versus a net income of $36.8 million for the same quarter of…

TechnipFMC awarded further Upper Zakum work

TechnipFMC has been awarded by Zakum Development Co. an engineering, procurement, and construction contract for a sulfate reduction plant on West Island, located offshore Abu Dhabi. Read Full Article Here For more great articles: Offshore RSS Feed Comments comments