Blocked Suez Canal halts major oil trade flows, says WoodMac
The Suez Canal blockage has caused the build-up of vessels looking to transit the canal at both the northern and southern anchorages, according to Wood Mackenzie
Industry
PDO signs US$4bn long-term service contracts
Petroleum Development Oman (PDO) has signed US$4bn service contracts, covering project delivery and maintenance and integrity work in the north and south of its concession area
RigQuip and Zamil announce Saudi drilling equipment service facility
RigQuip Drilling Services has signed a MoU with Zamil Shipyards to open a base in Dammam, Saudi Arabia
54,000 wells to be drilled worldwide in 2021: Rystad Energy
Around 54,000 wells to be drilled worldwide in 2021, a 12% increase from 2020 levels, and in 2022, drilling is set to increase even more, by another 19% year-on-year to about 64,500 wells, according to Rystad Energy
Webinar: Is flange corrosion an 'isolated' issue?
Oil Review Middle East is hosting a free webinar on flange corrosion on Tuesday 30 March at 2pm (UAE)
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