Schlumberger cuts 21,000 jobs

Schlumberger is cutting 21,000 jobs in response to the pandemic and related oil crisis. CEO Olivier le Peuch says the second quarter “has probably been the most challenging quarter in the past decades.” The company...Read more
|Comment|author: Tobias Pieffers

Allseas develops waste collector for rivers

Using the wind and currents to intercept waste, Allseas has revealed a new waste collection system for rivers called Catchy. The system is designed to catch both large waste floating on the surface and smaller...Read more
|Comment|author: Tobias Pieffers

Aker Solutions posts better than expected results

Aker Solutions has recorded better than expected second-quarter results. Cost-saving measures and increased activity in existing projects have led to higher revenue, earnings and order-intake than anticipated following the outbreak of Covid-19. Read more
|Comment|author: Tobias Pieffers