The projection of a cumulative loss of US$340bn over the next eight years comes as peak oil demand will arrive earlier and at a lower level than expected, meaning E&P investments will be reduced 

Petroleum Development Oman (PDO) has announced a partnership with integrated oilfield services provider Gulf Energy SAOC (GES) for the creation of 600 job opportunities for Omanis in its product line services in both Oman and abroad

The Shell Company of Thailand has awarded a contract to SPIE Oil & Gas Services, a subsidiary of SPIE, to provide corrective maintenance services at its lube oil facility in Bangkok

Halliburton and Accenture have teamed to accelerate Halliburton’s digital supply chain transformation and support digitalisation within the company’s manufacturing function

Aramco has announced the expansion of its In-Kingdom Total Value Add (IKTVA) programme to increase local content and boost domestic supply chains