Oil and gas have advanced past technology and communications to become the leading sector in the Forbes 2019 list of the world’s largest public companies with a 16.2 per cent y-o-y growth in revenue generation, according to GlobalData, a data and analytics company
Industry
Brazil fuels booming global FPSO market
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance, according to energy research firm Rystad Energy
Alfa Laval launches new Optilobe Rotary Lobe Pumps
Alfa Laval, global provider of specialised products and engineering solutions, has unveiled new OptiLobe rotary lobe pumps with an aim to provide cost-effective and versatile alternatives for general applications requiring gentle product treatment and easy serviceability
Global oil and gas contracts value up by 79 per cent, says GlobalData
The total contract value of the global oil and gas industry reached US$42bn in Q2 2019, a 79 per cent increase on Q1’s value of US$23.4bn, according to GlobalData, a data and analytics company
Saudi Aramco H1 net income slips to US$46.9bn
The Saudi Arabian Oil Company (Saudi Aramco) has announced that its net income for the first half of 2019 slipped to US$46.9bn, a nearly 12-per cent decrease y-o-y
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