Saudi Aramco CEO Amin Nasser has predicted that the global demand for oil will continue to grow, remaining above 100 million barrels per day, as renewables alone will not be able to satisfy global energy demand.
Project management software company InEight has introduced interval planning to InEight Schedule, a new project planning software feature for the oil and gas sector that will combine front-end and field execution planning.
The government of Cyprus has called Turkey a “pirate state” after Ankara announced on Friday that the drilling ship Yavuz started to conduct its third drilling operation on the southern coast of Cyprus.
Saudi Aramco’s share price has recovered after yesterday hitting an all-time low since its 11 December 2019 market debut. On Thursday share prices rose to SAR35 ($9.33) after having fallen to SAR34 – 12% less since their peak of SAR38 ($10.32) on 16 December 16.