Oil production from the Organization of Petroleum Exporting Countries (OPEC) decreased to 29.94mn bpd in January 2015 from 30.03mn bpd in December last year, according to recently released Platts survey
Industry
Salaries hiked for oil and gas employees in 2014 but unlikely to continue, Hays Oil & Gas reveals
In 2014, global permanent salaries across oil and gas sector saw an increase of 1.3 per cent on an average of US$82,239 after a slight dip in 2013, according to recruiting experts Hays Oil & Gas
More oil and gas mergers and acquisitions in 2015, A.T. Kearney reveals
Global management consulting firm A.T. Kearney has predicted that there will be a significant increase in mergers and acquisitions (M&A) in the oil and gas sector for 2015 as a result of oil prices falling below US$50
Alderley FZE appoints new sales manager for Iraq
Oil and gas engineering company Alderley FZE has announced the appointment of Ra’ed Muayad Mahdi as sales manager to support the company’s business and clients in Iraq
‘Qatar among best GCC nations to tackle oil price drop’
Qatar is one of the ‘best placed’ GCC countries to weather the current fall in oil prices, PwC announced in its new report and has forecasted the country’s real GDP to grow by 6.5 per cent in 2015, and average around 6.2 per cent a year between 2016 and 2019
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