In addition to this MoU, the parties anticipate an extended project pipeline once the first projects are initiated.
Author Archives: Staff Writer
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OPEC compliance reached 87% in May 2020
GCC nations made additional cuts to help boost compliance
ADNOC announces $20.7 billion pipeline investment deal
The company says that the transaction will result in upfront proceeds of over $10 billion to ADNOC
Why the tradeable value of Middle East crudes matters to buyers in Asia
Market volatility highlights the differences between benchmarks
Tendeka awarded five-year contract extension with Oman operator
The multi-million-dollar contract extends a long-term partnership originally established in 2002
Global OFS demand set for 25% drop in 2020, slow recovery to start in 2021
The recovery will accelerate further in 2022 and 2023 but will not reach pre-coronavirus purchasing amounts
Making a ‘smart’ move for projects and engineering and industrial operations in distress
The coronavirus pandemic has left many in difficult conditions
Lowering oil & gas price assumptions an important lever towards cleaner investment for BP
BP announced that it is revising its long-term price assumptions
Schlumberger announces technology license agreement with CNPC Logging
Agreement will enable co-manufacture of wireline downhole technology
Energy at a digital tipping point
The coronavirus pandemic is pushing the oil and gas industry to grow its use of digital technology