Global oil demand growth will rise by 1.9 million bpd in 2024 with key markets in the Asia Pacific (APAC) region being the main driver, accounting for over 63% of the total according to Alan Gelder, Vice President of Oils Research at Wood Mackenzie.
The latest upstream news
Oilfield Technology talks to Brandon S. Mitchell, Regional General Manager at TETRA Technologies.
VAALCO Energy has announced that it has entered into a sales and purchase agreement to acquire Svenska Petroleum Exploration AB.
ABL has been awarded a contract by POSH Projects Pte. Ltd. to act as tow master to support and supervise the towage of the Mero 3 FPSO from Yantai, China, to Brazilian waters.
Corinth Pipeworks was awarded a contract from TechnipFMC for 27 km of high frequency welded (HFW), steel pipes for the Utsira High Project development project in the North Sea.
SAF™ 3007 represents the next generation of super-duplex seamless tubing developed specifically for the offshore oil and gas industry.
Dril-Quip has been chosen to supply the subsea wellhead systems for the Woodside Trion development offshore Mexico.