Aramco has signed five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin, a pioneer in clean and intelligent transport solutions
Weatherford International plc has been awarded a three-year digital oilfield contract from Kuwait Oil Company (KOC), one of the digital leaders in the upstream industry
The Omicron variant of Covid-19 could cost the global oil market as much as 2.9 million barrels per day (bpd) of demand in the first quarter of 2022, bringing total expected demand down from 98.6 million bpd to 95.7 million bpd, if it triggers more lockdowns or restrictions, according to Rystad Energy
Tenaris was awarded a contract by QatarEnergy (represented by its agent Qatargas Operating Company Limited) to supply a complete package of seamless line pipes and bends for the North Field East (“NFE”) project
The emergence of another Covid-19 variant is threatening the level that oil demand has managed to recover to, however Friday’s selloff was extreme, explained Rystad Energy’s senior oil markets analyst Louise Dickson
