Over US$79.6 billion in CAPEX to be spent by Saudi Aramco over next four years

Published by Nicholas Woodroof, Editor
Oilfield Technology, Wednesday, 14 February 2018 08:30

Analysis of Saudi Arabia’s crude oil production shows that over US$79.6 billion in CAPEX would be spent by Saudi Aramco on oil projects over the next four years, to ensure that the country’s production remains around 11.2 million bpd in 2021.

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Offshore drillers and contractors set to hold 48-hour stoppages after 95% support action following real terms pay cut

Wednesday 05 October 2022 10:00

95% supported strike action in a ballot turnout of 86% after Unite accused oil and gas companies of ‘unfettered profiteering.’ The strike action will involve a series of 48-hour stoppages every second week for the first 8 weeks and will start on 20 and 21 October.

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