Libya can play an important role in stabilising the oil price as its production starts to ramp up towards levels not seen since the revolution in 2011, according to a research by APICORP
Industry
Texo CFS to fabricate subsea boulder and debris rake system
Texo CFS, a vessel mobilisation company, has announced that it has been awarded the contract to fabricate and build a series of innovative new subsea seabed clearance systems to replace existing plough designs
Conbit’s new knuckle boom crane enhances offshore lifting capabilities
Conbit has enhanced its rental crane fleet by investing in a new knuckle boom crane that is ideal for specialist offshore lifting
TWMA strengthens Middle East presence with new appointment
TWMA, provider of specialised drilling waste management services, has strengthened its senior management team with the appointment of Mohamed Galal as regional director for MENA
US$9.9bn in M&A recorded in global oil and gas equipment and services industry in Q3 2018
A combined value of US$9.9bn in mergers and acquisitions (M&A) was recorded in the oil and gas equipment and services industry in Q3 2018, according to GlobalData a leading data and analytics company