The vast majority of professionals working in the LNG sector believe that more investment is needed in LNG infrastructure to satisfy forecasts for growing global demand after 2025
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Political upheaval will delay Sudanese oil investment opportunities: GlobalData
Will Scargill, a senior oil and gas analyst at GlobalData, a data and analytics company, has offered his views on the effect of political upheaval on Sudan’s oil and gas industry
Political uncertainty will weaken Algeria’s growth outlook: Moody
Moody’s rating agency has said that prolonged political uncertainty in Algeria will undermine growth prospects and weigh fiscal and international imbalances
New OPEC+ cuts are needed to prop up oil prices: Rystad Energy
As oil prices approach US$70 a barrel, Rystad Energy expects that a short-lived price rally through the first half of 2020 will then lose momentum and be replaced by a need for additional production cuts by Russia and the cartel of oil producing countries, OPEC
Saipem wins US$200mn offshore drilling contracts
Italian offshore contractor Saipem has won new offshore drilling contracts in Norway and the Middle East totalling more than US$200mn