The new strain of COVID-19 is affecting some oil demand but the news of a final US stimulus agreement are also too significant to brush off, according to Louise Dickson, oil markets analyst at Rystad Energy
Industry
Global oilfield communications market to be worth US4.5bn by 2025
The global oilfield communications market size grew from US$3.4bn in 2020 to US$4.5bn by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period
Aramco and Cognite partner to accelerate digitalisation
Saudi Aramco Development Company, a subsidiary of Aramco, and Cognite AS, a leading industrial software company, have agreed to establish a joint venture to progress digitalisation in Saudi Arabia and the broader Middle East and North Africa region
Leading energy companies announce Transition Principles
Eight leading energy companies have jointly developed and agreed Principles as a collaborative platform for energy transition
Weir Oil & Gas first to offer OPITO-accredited training in Iraq
Weir Oil & Gas has successfully achieved accreditation from OPITO, the global skills organisation for the energy industry, to provide occupational training qualifications from the Weir Oil & Gas Centre of Manufacturing and Engineering Excellence in Southern Iraq