Shell and BP have had mixed results in Q3 2016 but both are wary of the low oil price and the potentially detrimental effect on their profits
Industry
Yokogawa and CiDRA enter into a distributor agreement
Yokogawa will distribute CiDRA’s Line of SONARtrac Flow and Entrained Air Measurement Systems in Southeast Asia, Middle East, and Korea
Oil market to see significant improvement: Saudi minister
The oil market can expect a “significant improvement in market conditions” which will benefit producers, operators, the supply chain and the financial industry alike, said HE Khalid A Al Falih, Saudi Arabia’s Minister of Energy, Industry and Mineral Resources and chairman of Saudi Aramco, speaking at the Oil and Money conference in London on 19 October
Major Iran petroleum conference planned
Due to high demand from both national and international companies, Petroleum Conference – Iran has been scheduled for 30 January – 1 February 2017 to cover all aspects of the oil, gas and petrochemical sectors, with a particular focus on midstream and downstream opportunities
Saudi Aramco targets 2018 for public listing
Saudi Aramco is targeting 2018 for what could be the world’s largest initial public offering (IPO), the company president and CEO Amin Nasser said