Gas hydrate extraction is extremely challenging, specifically as other energy sources become more accessible
GlobalData
Posted inDRILLING & PRODUCTION
Global oil and gas contacts activity remains subdued: GlobalData
Global oil and gas contracts activity remains subdued due to crude oil price volatility, capex reduction and COVID-19
Posted inProducts & Services
COVID-19 and sustainability among top themes set to impact oil and gas industry in 2021
GlobalData’s latest report identified the top 20 themes to have the greatest impact on the sector
Posted inPartnership
Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity in Q4-2020
In terms of value of cross border deals, M&A was the leading category in Israel’s oil & gas industry with $1.44bn
Posted inDRILLING & PRODUCTION
Asia-Pacific’s oil & gas industry saw a drop of 8.47% in cross border deal activity in Q4 2020
A total of 54 cross border deals worth $7.68bn were announced for the region during Q4 2020, against the last four-quarter average of 59 deals
Posted inProducts & Services
US to drive global crude oil trunk/transmission pipelines growth by 2024, says GlobalData
The US is far ahead of any other country in the world in terms of pipeline growth by 2024
Posted inDRILLING & PRODUCTION
Global oil and gas contracts saw relatively steady activity during Q4 2020, says GlobalData
While the global oil and gas industry witnessed a marginal decrease in the number of contracts from Q3 2020 to Q4, there was an almost 28% increase in terms of value
Posted inDRILLING & PRODUCTION
Little prospect of post-COVID-19 rebound for BP’s oil and gas investments, says GlobalData
GlobalData responds to BP’s Q4 2020 financial results