Latest analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm, reveals that there is a wide variance in rig dayrates from country to country in the Middle East and North Africa
Industry
Oxford Flow wins award for ES axial flow valve
Oxford Flow, flow control equipment specialist for oil, gas, industrial process and water industries, has been awarded the Albert Woelfel Best Mechanical Engineering Achievement Award by the American Society of Mechanical Engineers (ASME) at the Offshore Technology Conference (OTC) for its ES axial flow valve
Premiere signs agency agreement with AlMansoori
Premiere Inc., a Houston-based oilfield service company specialising in safe and efficient delivery of casing and tubing services, has signed an exclusive agency agreement with Abu Dhabi-based oilfield services provider AlMansoori
Endress+Hauser expands silicon pressure sensor facility
Endress+Hauser, the specialist for measurement and automation engineering, has expanded its center of competence for silicon pressure sensors in Stahnsdorf near Berlin, Germany at a cost of more than 12mn euros
Peak oil may be three years away: McKinsey
The energy transition continues to accelerate, with oil demand projected to peak as soon as 2025, according to new research by leading global consultancy, McKinsey & Company