The oil industry will shrink for the first time in over 10 years...
Oil industry expected to shrink in Q1 2020 due to coronavirus: report
The oil industry will shrink for the first time in over 10 years as a result of coronavirus, a report by the International Energy Agency (IEA) predicts.
ADNOC awards Petrofac and Sapura Energy $1.65bn in UAE megaproject
Petrofac and Sapura Energy have signed engineering and construction deals with the Abu Dhabi National Oil Company (ADNOC) worth a combined $1.65bn for a massive gas project in the United Arab Emirates (UAE).
Coronavirus Covid-19 outbreak affects Tekmar Group performance
UK-based Tekmar Group has said that China's response to the Covid-19 outbreak, including the restriction of travel, has affected its performance.
EU approves gas and oil Projects of Common Interest
The EU has approved €30bn from the Connecting Europe Facility fund for multiple gas and oil projects across the union.
wire and Tube China exhibition 2020
The Shanghai New International Expo Centre, China will host the ninth wire and Tube China exhibition, along with the third Shanghai Fastener and Tech Show on the 23-26 September
Africa Oil gains approval to acquire interest in South African block
The Government of South Africa has approved Africa Oil’s acquisition of a 20% participating interest and operatorship of Block 3B / 4B from Azinam.
Shell and Ecopetrol sign gas deal in Colombian Caribbean
Shell and Colombian state-owned oil and gas operator Ecopetrol have signed an agreement to jointly develop three gas blocks in the Caribbean: the Fuerte Sur, Purple Angel and COL-5 blocks, situated in deep-water areas of the Colombian Caribbean where a new gas province has been recently discovered.
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