The Organisation of Petroleum Exporting Countries’ (OPEC) recognition that global oil consumption will not continue growing forever is part of a growing chorus of gloom about the long-term outlook for oil, according to GlobalData’s MEED
Industry
Polarcus wins 3D seismic project in West Africa
Polarcus Limited has been awarded 3D seismic data acquisition services in West Africa with an expected duration of two months
Logan Industries wins contract to manufacture unique safety cages
Logan Industries (Logan), a hydraulic repair, manufacturing and rental company, has won a contract to manufacture a set of unique safety cages to keep offshore technicians safe while inspecting subsea connectors on blowout preventers (BOPs) while on deck
Synectics unveils 4K camera for hazardous-area surveillance
Synectics has unveiled 4K camera range delivers hazardous-area surveillance, first for oil and gas
Nigeria considers privatising NNPC under proposed oil reform bill
The long-awaited oil reform bill in Nigeria is expected to privatise the Nigerian National Petroleum Company (NNPC)