Understanding the current market impacts on the Mauritania and Senegal oil and gas sector
The MSGBC Basin comprises of five countries however only one of which (Senegal) currently has oil and gas production and along with Mauritania is expected to see significant growth in the sector in the 2020s.
Indian petrochemical industry battles demand loss amidst Covid-19 pandemic
India is currently the third largest affected country in the world with more than nine lakh reported COVID-19 cases, only behind the US and Brazil. The first case in the country was reported in Kerala at the end of January 2020 and increased gradually at a slower pace during February-April 2020.
Venezuela’s oil and gas sector in its worst crisis during 2020
Venezuela’s oil and gas sector was already caught on a vicious cycle well before the Covid-19 outbreak created a world economic crisis.
The US leads global liquids storage industry
GlobalData’s latest report, “Global Liquids Storage Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Terminals” says that the global liquids storage capacity increased from 1,175,206.0 mcm in 2014 to 1,276,127.1 mcm in 2019 at an AAGR of 1.6%.
Non-Contact Rising Stem Ball Valve
Control Seal non-contact rising stem ball valves have a single-seat non-friction design that is able to operate and has proven an exceptional long-life span under extreme conditions.
Norwegian tax relief proposal could double near-term industry post tax cash flow
The announced government-supported temporary tax relief proposal designed to ensure continued investment in the oil and gas industry is likely to benefit recently sanctioned and smaller projects; larger projects are likely to see limited benefit.
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