The eight OPEC+ countries will extend production cuts into Q2 2024. (Image source: Adobe Stock)
The eight OPEC+ countries that pledged last November to implement voluntary production cuts totalling 2.2mn bpd for the first quarter of 2024 have agreed to extend the cuts until the end of Q2 this year, in a bid to support a balanced oil market
The contract represents a major milestone for the company. (Image source: Thunder Cranes)
Thunder Cranes, a leading provider of innovative crane solutions for the offshore oil and gas industry, has won a major contract with PETRONAS Carigali, a subsidiary of PETRONAS, for the provision of portable-modular offshore rental cranes for PETRONAS Carigali operations in Malaysia
As the oil and gas industry is increasingly seeking sustainability, well intervention remains an obvious focus
ADNOC has made the acquisition to advance its global chemicals growth strategy. (Image source: ADNOC)
ADNOC has acquired a 24.9% stake in Austria-headquartered OMV AG (OMV) from Mubadala Investment Company, in a bid to accelerate its global chemicals growth strategy
Under the agreement, Al Murabit Company will distribute EarthSense Zephyr monitors and leverage EarthSense’s data access web application, MyAir to provide an air quality monitoring service.
EarthSense, the air quality expert, has announced a distribution agreement with Al Murabit Company, a leading supplier to the oil and gas industry in Iraq, whereby Al Murabit Company will offer Earthsense’s air quality monitoring and consultancy services to upstream, midstream, and downstream companies in Iraq
