Fit for service, fit for life – part one
In the first part of a two-part article, Pieter van der Vyver, Oceaneering, explains how to ensure assets remain safe and sustainable through quantitative engineering analysis.
Special reports - 18 March 2020
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Rystad Energy anticipates 2.8% decrease in global oil demand
Rystad expect the month of April to take the biggest hit, with demand for oil falling by as much as 11 million bpd y/y.
Rystad Energy analysis suggests over 200 European OFS firms could go bankrupt due to Covid-19
Around 20% of Europe’s mid- and small-sized oilfield service companies, the vast majority of which are British or Norwegian, are set to become insolvent, say Rystad.