Start of Very Strong Cycle for Oil and Gas
We’re at the beginning of a very strong cycle for oil and gas, according to Halliburton’s CEO.
Source: Offshore
Start of Very Strong Cycle for Oil and Gas
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Oil Trades Near 7-Month Low
Oil held near the lowest level in 7 months as concerns over a supply crunch eased after the U.S. granted waivers to 8 governments to continue buying some Iranian crude.
Source: Offshore
Oil Trades Near 7-Month Low
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Serica Boosts Stake in North Sea Assets
Serica UK signs a deal to buy additional interests in the Bruce and Keith fields and associated infrastructure in the UK North Sea.
Source: Offshore
Serica Boosts Stake in North Sea Assets
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Oil Could Hit $100 If Supply Crunch Worsens
Oil prices are likely to be ‘biased to the upside’ for the rest of the year, according to Citigroup Inc.
Source: Offshore
Oil Could Hit 0 If Supply Crunch Worsens
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Strike Action on the Cards for UK GMB Union?
UK union GMB confirms that most of its members covered by the Offshore Contractors Association agreement have voted for industrial action.
Source: Offshore
Strike Action on the Cards for UK GMB Union?
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A Qatari's Quest to Become World's Gas King
On Sunday, Al-Kaabi was appointed minister of state for energy issues and vice chairman of Qatar Petroleum.
Source: Offshore
A Qatari's Quest to Become World's Gas King
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Foreign Domestic Investment into Africa rises
South Africa shares the title of largest African Foreign Domestic Investment (FDI) hub with Morocco in 2017, according to a report released by Ernest and Young Global (EY)
Source: African Review
Foreign Domestic Investment into Africa rises
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Rwanda and Alibaba set up Africa's first e-trade hub
Rwanda became the first African country to set up an Electronic World Trade Platform (eWTP)
Source: African Review
Rwanda and Alibaba set up Africa's first e-trade hub
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ADNOC to Boost Oil Production to 4 MMbpd by 2020
The state-owned oil company is implementing a new gas strategy to increase production and plans to invest $132 billion in the next five years.
Source: Offshore
ADNOC to Boost Oil Production to 4 MMbpd by 2020
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Sunken Iranian Tanker Sanchi among Ships Hit by Sanctions
Among the hundreds of Iranian-linked banks, companies and vessels that the US slapped sanctions against was an Iranian crude oil tanker called the Sanchi.
Source: Offshore
Sunken Iranian Tanker Sanchi among Ships Hit by Sanctions
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