Under Italian law, companies are responsible for the actions of their managers and can be fined if found guilty, Reuters reported.

The Yuzivska Field in Ukraine of 7,800 sq km (3,012 sq miles) could, according to preliminary estimates, yield about 8-10 billion cubic meters of gas per year. The country in 2015 produced about 20 billion cubic meters of gas and imported 16.5 billion.

The onshore package will be deployed for the testing of exploratory and completed wells onshore at Rajahmundry. 

Work is scheduled to begin in July of this year and go through March 2017. 

A Hague arbitration court awarded the U.S. company $96 million in 2011 in a dispute stemming from a 1973 deal that called for Texaco, later acquired by Chevron, to develop fields in exchange for selling oil to Ecuador at below-market rates.

The license allows Baker Hughes to produce and deploy Alternate Path technology and gravel packing services for ExxonMobil affiliates worldwide and also for projects in which the company has an interest.

ADC, a rig inspection consultancy based in Scotland, will provide support in more than 14 countries worldwide, the release said.

​After securing a contract from Oil and Natural Gas Corp. (ONGC), Fugro said it will begin geotechnical investigations in the KG-DWN-98/2 Block offshore India in third-quarter 2016.

OneSubsea will supply a subsea production system and a dual multiphase boosting system for the Greater Enfield Project offshore northwest Australia, according to a news release.

Repsol Sinopec Resources UK has awarded Amec Foster Wheeler two three-year contracts, with up to two one-year extensions, for engineering, maintenance and construction labor services.

The nine-month contract is for FEED work for the Sao Vang and Dai Nguyet developments in the Idemitsu-operated blocks 05-1b and 05-1c in the Nam Con Son Basin, Aker said in a news release.

The termination of the Ensco contract has eliminated a long-term obligation, which provides Stone with additional financial flexibility, said the company's CEO.

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