The production cuts of 600,000 bpd proposed by an OPEC+ committee are far from enough to balance the market following the coronavirus outbreak in China, a Rystad Energy analysis shows
Industry
Xergy Group’s cloud-based Proteus to transform oil and gas ERP market
Xergy Group has launched a cloud-based work management system Proteus, to allow companies to find the right people for projects when needed
GlobalData: Upstream sector led oil and gas M&A deals in 2019
The upstream sector accounted for the major mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value deals, according to GlobalData’s ‘M&A in Oil and Gas – 2020’
ROVOP unveils full in-house inspection services offering
ROVOP, the global subsea robotics specialist, has announced the addition of full in-house inspection services, which will complement the range of underwater robotics technologies
Corys Investments, Georg Fischer and Egypt Gas form JV for gas and water distribution market
Corys Investments LLC, the UAE family-owned business located in Dubai, has announced a joint venture (JV) with Georg Fischer (GF) Piping Systems and Egypt Gas to invest in a major production site for plastic pipes to participate in the soaring Egyptian gas and water distribution market
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