With delays and COVID-19 restrictions hampering oil and gas project timelines in 2020, 2021 is forecast to see a bump in both field starts and final investment decisions across the Europe, Middle East and Africa (EMEA) region, according to GlobalData
Industry
Wood Mackenzie: How did 2020 change the Middle East upstream sector?
Ian Thom, director Middle East upstream at Wood Mackenzie, has identified a number of underlying themes which will be critical in the year ahead
Survive and thrive with digitalisation
Digitalisation is a matter of survival, says Tariq Bakeer, regional managing director, Endress+Hauser Middle East
Upwing Energy achieves carbon neutral certification
Upwing Energy, an artificial lift technology company serving the oil and gas sector, has been independently certified as a carbon neutral company under the PAS 2060 Carbon Neutrality standard
IOCs primed for a V-shaped recovery in free cash flow
International oil companies (IOCs) are primed for a V-shaped recovery in free cash flow, and may generate record figures this year should oil prices average US$55 a barrel, according to analysis from global natural resources consultancy Wood Mackenzie