Industry

Weatherford wins digital oilfield contract from KOC

LyttWeatherford International plc has been awarded a three-year digital oilfield contract from Kuwait Oil Company (KOC), one of the digital leaders in the upstream industry

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Omicron spread could cost oil demand almost three million bpd in Q1 2022

Rystad oil wellThe Omicron variant of Covid-19 could cost the global oil market as much as 2.9 million barrels per day (bpd) of demand in the first quarter of 2022, bringing total expected demand down from 98.6 million bpd to 95.7 million bpd, if it triggers more lockdowns or restrictions, according to Rystad Energy

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Tenaris to supply line pipe to QatarEnergy for the North Field East project

Tenaris 2 DEC QatarEnergyTenaris was awarded a contract by QatarEnergy (represented by its agent Qatargas Operating Company Limited) to supply a complete package of seamless line pipes and bends for the North Field East (“NFE”) project

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Oil recovers as market corrects Friday's panic selloff: Rystad Energy

oil and gasThe emergence of another Covid-19 variant is threatening the level that oil demand has managed to recover to, however Friday’s selloff was extreme, explained Rystad Energy’s senior oil markets analyst Louise Dickson

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Eni launches sustainable energy programme

eni 26 NovEni has strengthened its commitment towards an equitable and inclusive energy transition by launching the ‘Basket Bond – Sustainable Energy’ programme in collaboration with ELITE that aims to accelerate the growth and development of the supply chain

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