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Bahrain awards $1.7 billion contracts in H1 2020
Construction and engineering had the most valuable deals, followed by the oil and gas sector
Energy transition projects could replace up to 40% of the OFS industry’s lagging upstream revenue
In terms of market opportunities, most traditional oilfield service suppliers are looking to expand into low carbon segments
Azelio signs a MoU with Trimark Associates in the US for energy storage projects across North America
In addition to this MoU, the parties anticipate an extended project pipeline once the first projects are initiated.
Decarbonising the global energy trade
Lux Research examines these renewable energy carriers and the countries and companies developing them.
SNOC awards EPIC contract to Lamprell
Scheduled for completion in early 2021, Lamprell’s scope of work is specific to the Mahani Extended Well Test
project
Bahrain awarded tenders worth $4.9 billion in 2019
More than $740 million in value of bids awarded in Q1 of 2020
Engineers learn from home, strengthen skills for current and post-COVID-19 pandemic workplace
ASME brings flexible, affordable and applicable virtual training solutions to engineers everywhere
Canada, Iraq and Venezuela lead production shut down: Rystad
Globally, at least 1.9 million barrels per day of oil production have been shut down in April
Algeria fights to grow upstream sector
Almost one year after protests caused a massive shift in Algeria’s government, where is the country now, and what is it doing to repair its shrinking oil and gas sector?