Demand is likely to determine the trajectory of the oil industry over the next few years, and global oil undersupply is unlikely, says Ben Wilby, senior analyst – Onshore Energy Services, Westwood Energy
Industry
Oil prices remain high
Oil prices continue to hover around the US$90/bbl mark as of 8 April, as a result of the geopolitical instability in the Middle East, robust demand and OPEC+ supply restraint
Craig International awarded QatarEnergy LNG contract
Craig International has won a contract with QatarEnergy LNG to source and supply products and services for maintenance, repair, and operations (MRO)
KBR to provide ammonia technology for El Nasr's fertiliser complex in Egypt

Among other services, KBR will offer proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant. (Image source: Adobe Stock)
Ammonia technology-provider KBR announced that its Purifier ammonia technology was picked by Wuhuan Engineering Co. Ltd. to expand the El Nasr Company for Intermediate Chemicals' (NCIC) fertiliser complex in Egypt
Leading provider of shipping, marine, logistics and energy support services in Saudi Arabia

GAC Saudi Arabia has extensive operations at major ports in Saudi Arabia. (Image source: GAC Saudi Arabia)
Kumar Ganesan, Managing Director of Arabian Gulf Shipping Company (GAC Saudi Arabia), discusses business prospects, leveraging digital technologies and the company’s commitment to sustainability