SNC-Lavalin has announced that its wholly owned subsidiary, Kentz Overseas Company WLL, has been awarded a five-year commissioning support services framework agreement by Petroleum Development Oman (PDO)

The Abu Dhabi National Oil Company is exploring new strategic, value-add partnerships to support its long-term growth plans, as it responds to increasing global energy demand and growing market competition

According to the latest five-year oil market forecast from the International Energy Agency, global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon

Two of Libyas largest oil ports have been forced to shut as clashes threaten the North African nations oil recovery as daily production falls from 700,000 bpd to 650,000 bpd