‘Oil supply disruptions could see a violent price spike’
Rystad Energy reports that supply disruptions in the Middle East over and above an already tight crude market could send oil prices up violently
Industry
Global energy investment totalled more than US$1.8 trillion in 2018
Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency (IEA)
Integrity of electrically isolated flanged joint connections
Piping systems are used worldwide to carry a multitude of different media such as oil, gas, water, chemicals and many other fluids and gasses and are found in nearly all sectors of industry
Two Saudi oil tankers attacked off coast of Fujairah
Two Saudi oil tankers came under sabotage attack off the coast of the UAE on Sunday 12 May, according to official Saudi reports
Weir Oil & Gas wins four-year contract with Oman Oil Company Exploration & Production
Weir Oil & Gas has been awarded a four-year contract with Oman Oil Company Exploration & Production (OOCEP) to provide wellhead equipment and services
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