Oil and gas have advanced past technology and communications to become the leading sector in the Forbes 2019 list of the world’s largest public companies with a 16.2 per cent y-o-y growth in revenue generation, according to GlobalData, a data and analytics company
Exploration
Brazil fuels booming global FPSO market
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance, according to energy research firm Rystad Energy
Gazprom tops global growth ranking, says Rystad Energy
Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the USA and China, while BP dominates among the majors, according to Rystad Energy
Oyo discovery to be a game-changer for Africa’s oil and gas sector
SARPD Oil and PEPA announced an onshore discovery in the Delta de la Cuvette deposit in the Republic of Congo, which is set to be a game-changer for Congo and Africa’s oil and gas sector
Global oil and gas contracts value up by 79 per cent, says GlobalData
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