Sparrows Group secures three year Ichthys contract
Sparrows Group has secured a three year contract to deliver fixed crane maintenance and lifting and rigging services for the INPEX-operated Ichthys liquefied natural gas (LNG) project in Australia.
Special reports - 29 March 2017
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Rystad Energy: Saudi tax cuts adds US$1 trillion to corporate valuation of Saudi Aramco
Yesterday the Kingdom of Saudi Arabia announced that the tax rate for the petroleum industry would be reduced from 85% to 50%. This change implies that more money is left for the Saudi Aramco, which makes the company more attractive for investors.
Brexit: commentary on the UK's decision to trigger Article 50.
Scott Lehmann, Petrotechnics, states that now article 50 has been triggered, Brexit may well be a silver lining for the UK oil and gas industry.