Rystad Energy continues to see a downward risk to prices, with further pressure on OPEC to implement even deeper production cuts in order to keep Brent oil prices around US$60 per barrel through 2020
Industry
Major questions facing oil and gas companies operating in Iraq
Rystad Energy stated that the US and Iran seem to have stepped back from the brink of armed conflict, at least for now, but many oil and gas companies still face serious decisions about their short-term and mid-term plans in neighbouring Iraq, where tensions remain high
‘Middle East set to contribute 17 per cent of new-build trunk petroleum products pipeline by 2023’
The Middle East is expected to contribute 17 per cent of global new-build trunk/transmission petroleum products pipeline length additions by 2023, according to data and analytics company GlobalData
Belzona unveils thermal insulation barrier providing corrosion protection
Belzona has developed a two-component, polymer, solvent-free system-Belzona 5871 that provides thermal insulation and corrosion protection while improving the safety, efficiency and durability of industrial equipment
New offshore investment cycle is in the making: Rystad Energy
Telltale signs have emerged that the offshore oil and gas industry is entering a new investment cycle, according to Espen Erlingsen, the head of upstream research at Rystad Energy