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Industry

MRDS Group, a project management, inspection, repair and overhaul services provider for oilfield drilling and marine equipment, is on track to experience significant year-on-year growth in the Middle East and North Africa (MENA) energy sector in Q4 of 2023 and into 2024 

Westwood Global Energy Group has reported that substantial drilling activity, averaging 53,000 wells per year through to 2030, will help elevate production of crude, condensate, natural gas and natural gas liquids (NGLs) to a high of 173 mn boepd by 2030, up 9% from 159 mm boepd in 2022 

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