The resource volumes were 42% lower and the number of discoveries was down by 31% compared to the same period in 2019
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New gas discovery in the Mediterranean Sea offshore Egypt
Eni, BP and Total have successfully drilled the first exploration well in the North El Hammad license
Ghazeer field ‘99% ready’ for start of production: BP Oman chief
The project consists of 500 million cubic feet of gas
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
ESG Viewpoint: The move towards energy transition in the GCC
Simon Redmond, Senior Director, S&P Global Ratings, shares his view on the regional energy transition and the future for oil in the GCC
Global oil & gas decommissioning costs to total $42 billion through 2024
Some of the leading assets that will drive the decommissioning market in the region include the Brent, Ninian and Thistle fields in the UK and Gyda in Norway
OFS stocks lost half their value since 2020 began
The best performers among services companies were in the EPCI sector
How to build resilience during the coronavirus pandemic
As the oil industry faces the biggest crisis in decades, how should leaders build resilient business in light of an uncertain future?
Supply chain management during the crisis
The COVID-19 pandemic is a wakeup call for C-level executives to develop new business strategies in their future supply chain designs