GE and Baker Hughes agree to create a new fullstream digital industrial services company that is set to be a leader in oil and gas productivity
GE and Baker Hughes create 'world-leading oilfield technology provider'
Exploration & Production
Libya's Waha oil field resumes production
Production has been resumed at Libyas Waha oil field, bringing overall production from the site to 580,000 barrels per day, according to a senior Libyan oil official
Subsea 7 wins offshore contract in Egypt with Pharaonic Petroleum Company
Subsea 7 has been awarded a substantial offshore Egypt contract by Pharaonic Petroleum Company, which will be executed at depths of more than 900 metres in the new Atoll field, off the coast of Damietta
Saudi Aramco signs deal with NPCC for offshore programme
Saudi Aramco has inked a long term agreement (LTA) with the Abu Dhabi’s National Petroleum Construction Company (NPCC) for its offshore development programme
Energy demand to peak by 2030, says World Energy Council
The World Energy Council (WEC) has predicted that the global demand for energy will peak before the year 2030, despite historic growth trends which have seen demand double since 1970
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