OneSubsea announced on 19 January that it has been awarded an engineering, procurement and construction contract by Statoil to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea
Exploration
Thermon introduce TraceNet TCM2 dual curcuit control and monitoring unit
The remotely-operated TraceNet TCM2 Unit controls and monitors heat trace around the clock
IHS: Where does the USA stand in the new geopolitics of oil?
As the global powers prepare for the World Economic Forum Annual Meeting to commence on 17 January, IHS Markit Senior Vice President Carlos Pascual analysed the new geopolitics of oil in 2017. Below is a brief extract from the full report which can be viewed on ihsmarkit.com
Wood Mackenzie: Seasonality takes centre stage in Egyptian gas market
Egypt could potentially position itself as a major seasonal player in the gas sector as the market dynamics begin to shift
Nigeria beats Angola to regain top spot as Africa's biggest oil producer
Nigeria overtook Angola as Africas top oil producer, but despite this Angolas output was greater than Nigerias throughout 2016