Wood Mackenzie comments on recent OPEC+ meeting
According to Wood Mackenzie, OPEC+ is preparing for 2024 demand uncertainty by retaining current targets and agreeing to voluntary cuts.
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According to Wood Mackenzie, OPEC+ is preparing for 2024 demand uncertainty by retaining current targets and agreeing to voluntary cuts.
PETRONAS and its petroleum arrangement contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion boe of new resources for Malaysia in 2023.
DNV has issued a Statement of Qualified Technology for Strohm’s 6 in. EGF-PE pipe, as per the DNV-ST-F119 standard, for its use as a flowline or jumper in deep waters.
International subsea equipment rental and solutions company Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of ACE Winches.
Government, regulators and industry chiefs gathered in Aberdeen on 29 November to discuss the outlook for investment in the North Sea following several strong votes of confidence in the basin.
McDermott has received a limited notice to proceed for an EPCI contract from Shell Trinidad and Tobago Limited for the Manatee gas field development project, located off the east coast of Trinidad and Tobago.
Hughes Subsea, an OEG Group company, secured a contract to deliver daughter-craft diving services for the Anasuria FPSO, positioned 175 km east of Aberdeen.
The company has appointed Herwin Cruz as Regional VP for Latin America covering Drilling, Well Intervention, Production Enhancement and Fire Protection Services.
Adrian Lara, Principal Analyst at Wood Mackenzie, comments on the election of Javier Milei as President of Argentina, and the impact this may have on the country’s oil upstream industry.
Saipem has been awarded two offshore contracts, one in Guyana and the other in Brazil, worth approximately US$1.9 billion.
The company will continue to provide operations, maintenance, modifications and offshore services on the Mariner A platform and Mariner B floating storage unit.
Energy and marine consultancy ABL has opened an office at Batam in Indonesia to support the significant offshore and maritime operations that take place on an off the island.