WorleyParsons has announced that it is rebranding to Worley, following its US$3.2bn acquisition of Jacobs Energy, Chemicals and Resources division (Jacobs ECR)
Industry
Saudi Arabia’s TAQA drilling subsidiary to acquire Schlumberger’s Middle East rigs
TAQA, Saudi Arabia’s industrialisation and energy services company, has announced that it will acquire Texas-based Schlumberger’s Middle East onshore drilling rigs business
Wood Mackenzie predicts US$200bn LNG capex boom for 2019-2025
Wood Mackenzie has stated that the LNG boom is back – predicting that capital spending on both the LNG plant and upstream infrastructure will total more than US$200bn in 2019-2025
Petrofac wins new training contracts
Petrofac has won training solutions contracts with a combined value of more than US$30mn in Oman, the UAE and Iraq
OPEC oil production for 2019 will be determined by US waivers decision: Jadwa Investment
The Trump administration on 22 April announced that it will not extend sanctions waivers it had granted to certain buyers of Iranian oil beyond 2 May as the USA aims to completely halt Iran’s oil exports
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