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Oil & gas news

 
 

Why a growing FPSO market means a changing supply-chain relationship

Dan Munro, PJ Valves, explains why the anticipated rapid growth in the FPSO market will mean operators and contractors will need to change in various ways in order to deliver on the sector’s promise – particularly in supply chain relationships.

 
 
 
 

ConocoPhillips outlines 2020 – 2029 strategy

Part of the company's 10-year plan includes a free cash flow of approximately US$50 billion based on a real WTI price of US$50/bbl and annual capital expenditures averaging less than US$7 billion over the decade.