Halliburton and TechnipFMC launch subsea fiber optic solution Odassea
Oil field services firm Halliburton and global energy firm TechnipFMC have launched Odassea,...
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IEA raises 2020 oil demand forecast amid further Covid-19 disruptions
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Cambo Oil Field
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Adnoc close to selling gas pipelines stake
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Quarterly upstream M&A and capital raising deals review – Q1 2020
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Covid-19 shock decimates demand growth for major petrochemicals in 2020
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Big Oil’s Q1 2020 earnings plummet amid market chaos
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Halliburton and TechnipFMC launch subsea fiber optic solution Odassea
Oil field services firm Halliburton and global energy firm TechnipFMC have launched Odassea, which is claimed to be the first distributed acoustic sensing solution for subsea wells.
IEA raises 2020 oil demand forecast amid further Covid-19 disruptions
The International Energy Agency (IEA), the autonomous intergovernmental organisation, has increased its 2020 oil demand forecast as it warned that the spread of Covid-19 poses new risks to the future oil outlook.
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.
Petrofac and Isker win EPCC contract from Kazakhstan’s NCOC
Petrofac has secured an engineering, procurement, construction and pre-commissioning and commissioning (EPCC) contract for new water treating facilities for North Caspian Operating Company (NCOC) in Kazakhstan in a joint venture with Kazakhstan firm Isker.
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%.
Covid-19 guidance for oil and gas workers issued by OSHA
The Occupational Safety and Health Administration (OSHA), an agency of the US Department of Labour, has issued Covid-19 guidance for oil and gas workers.
Net-zero strategy is “basic question” for every company – Mark Carney
How to prepare for a climate neutral economy is now a “basic question” that every company’s management should be able to answer, says former Bank of England Governor Mark Carney.
Saudi Aramco tenders Berri field upgrade
Tender for $250m contract issued to Aramco pool of Long Term Agreement pool contractors.
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.
wire China 2020 Will Run as Scheduled to Steer the Recovery of the Global Economy
While the Covid-19 epidemic has been effectively controlled in China, the global situation is also stabilising gradually.
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