Exploration

Brazil fuels booming global FPSO market

8699927352 ac8f0d1fcf zThe global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance, according to energy research firm Rystad Energy

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Global oil and gas contracts value up by 79 per cent, says GlobalData

43163985545 316df48725 zThe 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

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Rystad Energy report shows oil demand growth at a decade low

8026229759 4a776c96e0 zConsultancy 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

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Shelf Drilling announces jack-up contract extension in Nigeria

48403439391 b102437b5d zDubai-based Shelf Drilling has announced that it has secured a six-month contract extension for the 2008 Shelf Drilling Resourceful jack-up rig

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Eni continues oil and gas initiative in Libya

pumpjack 591934 640Fayez 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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