Rystad Energy continues to see a downward risk to prices, with further pressure on OPEC to implement even deeper production cuts in order to keep Brent oil prices around US$60 per barrel through 2020
Industry
Belzona unveils thermal insulation barrier providing corrosion protection
Belzona has developed a two-component, polymer, solvent-free system-Belzona 5871 that provides thermal insulation and corrosion protection while improving the safety, efficiency and durability of industrial equipment
New offshore investment cycle is in the making: Rystad Energy
Telltale signs have emerged that the offshore oil and gas industry is entering a new investment cycle, according to Espen Erlingsen, the head of upstream research at Rystad Energy
Africa Oil closes acquisition of Petrobras assets in Nigeria
Canada-based Africa Oil has announced the closing of the acquisition of a 50 per cent ownership interest in Petrobras Oil and Gas B.V. (POGBV)
South Sudan announces tender for environmental audit of the country’s oilfields
The government of South Sudan has announced a tender for a comprehensive environmental audit of all the country’s producing oilfields