OPEC projects an increase in global demand to just over 100mbpd in 2020, a 1.22mbpd increase from 2019
Wood’s project execution teams will continue to work closely with Saudi Aramco to develop innovative engineering design and implementation strategies
The EIA also forecast the US as a net exporter of crude oil and petroleum products by 2020
He also shared his thoughts on what could be done to support start-ups that want to bring local content to the market, acknowledging that they often faced major hurdles.
The first full-scale commercial field trial of the SCS resulted in a 62 percent increase in gas production and a 50 percent increase in liquid production over its steady-state performance with a rod pump prior to the SCS installation.
In a report produced in cooperation with the World Economic Forum, the International Energy Agency said that the oil and gas industry must help accelerate the energy transition.
Sparrows’ MEIC and APAC operations had previously been managed jointly under the supervision of one single director but the recent upsurge in demand for Sparrows’ services led the company to split responsibility for the geographies
With participating interests in these three adjacent blocks, Mubadala Petroleum is the largest net acreage holder in the area
As oil and gas companies add IoT sensors to their assets, data management solutions become more important to increase visibility
Murray Auchincloss, currently CFO of BP’s upstream segment, will take up the role of BP CFO and join the board on 1 July 2020
SNC-Lavalin will provide front-end engineering and design services for the second phase of the Haliba field
IMI will builds its first two new build jack-up drilling rigs for ARO Drilling in the UAE
71% of senior oil and gas professionals expect to increase or maintain investment in decarbonization, rising sharply from 54% in 2019, despite volatile market conditions
Saudi Aramco Energy Ventures joins Altira Group, Chevron Technology Ventures, and existing investors to expand Seeq’s international and cloud-based businesse
The rise in number of mature fields and aging oil & gas wells is estimated to boost the demand for artificial lift systems
