Following production cuts mandated by Alberta’s Premier in early December 2018, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.
Sector enters the new year prepared to capitalise and build.
Wood Mackenzie's research analyst Jean-Baptiste Berchoteau comments on the announcement by Thailand's Department of Mineral Fuels (DMF) that PTTEP has won the auction round for both G1/61 (Erawan) and G2/61 (Bongkot) PSCs.
Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility.
Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.
The £5 million fund aims to provide opportunities for the supply chain in Scotland.
The company, which is now part of the 3T Energy Group, has introduced 0% finance packages to help people finance training for potential jobs in the global energy sector.
The company has published an annual survey, which includes the Collaboration Index, measuring the effectiveness of companies as partners in collaboration.
Coretrax, the independent wellbore clean-up and abandonment specialist, has received a substantial investment from private equity firm Buckthorn Partners to accelerate its ambitious international growth plans.
Frontera Resources Corporation has announced that on 11 December 2018 it signed a term sheet with a New York, U.S.A.-based fund seeking to secure a loan of up to US$60 000 000.
SA Equip has appointed Scan Tech AS, specialists in the provision and maintenance of hazardous area equipment as their exclusive distributor for Norway.
Well construction specialist, DeltaTek Global, has announced the key appointment of Chris Johnstone as Operations Supervisor.
Mark Lomas joins Aqualis Offshore from London Offshore Consultants Limited (LOC) UK, where he held the role of director of shipping.
The supposed cut of 1.2 million bpd by OPEC+ is larger than some had expected, although still some way of what is really required to bring the market back into balance.
Judy Peplinski, ATPI Griffinstone, discusses the importance of travel management for the oil and gas industry.