Saudi Aramco tightens capital expenditure as oil prices crash, says GlobalData
Saudi Aramco plans to reduce its investment plans after oil prices crashed due to a slump in demand as a result of the coronavirus (COVID-19) pandemic
Industry
Planning for project success
Alfonso Bucero, PMO & PMP for Bucero Consulting, and Erika Gracés, senior communications specialist Hexagon PPM EMIA, discuss the major issues causing projects performance problems – the human factor and the lack of suitable software tools made available to teams
More than US$50bn in capex cuts announced in oil and gas, says GlobalData
As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments are being slashed with more than US$50bn pledged to date and more on the horizon, according to GlobalData
Pipeline specialist STATS Group expands operations in Oman
STATS Group has opened a workshop, storage and testing facility in Muscat
Oil glut to worsen as INEOS postpones Forties pipeline shutdown
UK operator INEOS has decided to postpone its scheduled maintenance for the North Sea Forties pipeline system (FPS) in a move that Rystad Energy calculates will add several hundred thousands of extra barrels to the market every day
More Articles …
