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
The remotely-operated TraceNet TCM2 Unit controls and monitors heat trace around the clock
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
Egypt could potentially position itself as a major seasonal player in the gas sector as the market dynamics begin to shift
Nigeria overtook Angola as Africas top oil producer, but despite this Angolas output was greater than Nigerias throughout 2016
