Sercel awarded seismic equipment contract in Saudi Arabia
CGG has announced that Sercel has won a major contract to supply land seismic equipment for a 3D mega-crew survey recently awarded to ARGAS in Saudi Arabia
Industry
Global oil and gas contract activity shows marginal increase in Q3 2020
A Global Data study showed an almost 3% increase in the number of oil and gas contracts between Q2 and Q3, 2020
Global E&P players may invest US$380bn in 2021, says Rystad Energy report
Investments from global exploration and production companies (E&P) in 2021 are projected to reach around US$380bn, almost flat y-o-y, according to Rystad Energy report
Total strengthens its commitment to reduce methane emission with OGMP 2.0 initiative
Total, partner to the initiative since 2014, has joined the second phase of the Oil & Gas Methane Partnership (OGMP 2.0) of the United Nations Environment Programme, which brings together industrial companies, governments and NGOs to better monitor and report methane emissions to reduce them
US$400bn could be unlocked for green and blue hydrogen projects
Rystad Energy industry analysis reveals that hydrogen projects that are poised to be developed could unlock US$400bn worth of spending for the service industry between 2020 and 2035
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