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Wood has won a prestigious award for its pioneering role in exporting engineering expertise to China. The company was named Scottish Exporter to China of the Year at the China-Scotland Business Awards 2019.
CNOOC Ltd announced its strategic plan for 2019, setting a bullish tone for the rest of the Chinese national oil companies to follow. Wood Mackenzie's senior analyst Maxim Petrov shares his views.
In a major shift, the United States is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025.
Clock Spring and NRI are manufacturers of composite materials, insertion valves, and gaskets used in the transmission pipeline, refinery and petrochemical, water, utility, and civil infrastructure industries.
The 85 upstream projects up for Final Investment Decisions (FIDs) in 2019 include 75 greenfield developments, with approximately 42 billion boe of resources and 10 expansion phases.
The paper, ‘Optimised Asset Integrity Management through Disruptive Innovation’, was presented at the IADC (International Association of Drilling Contractors) conference in Malaysia this week.
This comes after the results from the Republic of Congo’s first licensing round, with the award of blocks to Kosmos Energy and Perenco, and the provisional attribution of a block to Total.
Stress Engineering Services, Inc., (SES) a leader in consulting engineering services, has achieved an American Bureau of Shipping (ABS) Recognized Specialist certification for its condition based monitoring (CBM) services.
On the upstream front, Petrobras leads among companies with CAPEX of US$36.9 billion to be spent on 28 planned and announced upstream projects in South America.
Greater investment is expected to fuel oil and gas industry growth in 2019, but signs of old spending habits may be resurfacing.
TMK, a producer of tubular products for the oil and gas industry, announces its operational results for the fourth quarter and twelve months of 2018.
Wood Mackenzie analyst, Aman Verma, provides a commentary on India's oil products outlook.