Operations and Maintenance (O&M) represented 59% of the total contracts in Q3 2023. (Image source: GlobalData)
The oil and gas industry’s overall disclosed contract value witnessed a quarter-on-quarter (QoQ) decrease of 26% in Q3 2023, according to the latest report from GlobalData, although the Middle East performed well, dominating the main contracts awarded
The Isealate Springblade Patch is a patch-thru-patch relining and repair solution designed to redefine asset protection. (Image source: Welltec)
Welltec, a leading innovator of cutting-edge technologies for energy industry applications, announced the success of the first in-field test of the Isealate Springblade Patch, a unique relining and repair solution for downhole applications
TotalEnergies is extending beyond 2024 its interest in Oman LNG by 10 years, and in Qalhat LNG, by five years. (Image source: Adobe Stock)
TotalEnergies has extended its partnership with Oman LNG, in which the company holds a 5.54% stake
The oil price could spike if the conflict widens. (Image source: Adobe Stock)
The effects of the Middle East conflict on the commodity markets should be limited if the conflict does not widen, according to the World Bank’s latest Commodity Markets Outlook
A substantial surge in new LNG projects is expected. (Image source: Synergy)
Synergy Consulting discusses the rise of LNG as a low-carbon energy source in today’s changing energy landscape
