The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance, according to energy research firm Rystad Energy
The total contract value of the global oil and gas industry reached US$42bn in Q2 2019, a 79 per cent increase on Q1’s value of US$23.4bn, according to GlobalData, a data and analytics company
Consultancy firm Rystad Energy said the outlook for short-term oil demand remains weak over global economic uncertainty and a fierce trade war between the US and China
Dubai-based Shelf Drilling has announced that it has secured a six-month contract extension for the 2008 Shelf Drilling Resourceful jack-up rig
Fayez al-Sarraj, head of the presidential council of the Libyan Government of National Accord, met in Tripoli with Eni’s CEO Claudio Descalzi to discuss the general situation of Libya, with a particular focus on the introduction of renewable energy in Libya and Eni's activities in the country
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