Boskalis has signed a multi-year subsea services agreement in the Middle East. [Read more…] about Boskalis signs multi-year subsea services contract
BP sees a future of slowing oil demand growth, abundant supplies
Oil demand growth will slow and supplies will remain abundant in the coming decades, meaning producers in the Middle East, Russia and U.S. will continue to gain market share at the expense of higher-cost rivals, said BP.
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Middle East operators address aging offshore facilities
The Middle East faces a substantial challenge to keep hundreds of aging offshore oil and gas structures operating safely and legally beyond their original design life, according to DNV GL Oil & Gas.
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