Tight LNG market conditions are expected to persist in 2021 on the back of resurgent demand, with only a limited easing of availability in 2022, according to a global forecast by ICIS
Industry
Stratagraph announces acquisition of Technical Drilling Services
To boost capabilities and scope, Stratagraph, a specialist in geological services to the oil and gas industry, has announced the purchase of Technical Drilling Services (TDS), in the largest acquisition in the company’s history
RAK Ports and Danish oil and shipping group Monjasa finalise deal
RAK Ports has signed a strategic partnership with global oil and shipping group Monjasa, a move that is set to enable Monjasa to offer a full suite of marine fuel services across all RAK Ports locations
Aramco Trading Company starts bunkering operations in the Red Sea
Aramco Trading Company (ATC), a wholly-owned subsidiary of Saudi Aramco and its commercial trading arm, has commenced bunkering operations at Yanbu Industrial Port, in Saudi Arabia, in collaboration with the Ministry of Energy, the Saudi Customs Authority and the Saudi Ports Authority (Mawani)
CompAir launches white paper on proactive maintenance
CompAir has launched a new white paper to guide owners and operators through the benefits of adopting a proactive maintenance model for their compressed air systems, which could help save up to a third of wasted service expenditure