Fuelled by increasing day rates and growing global demand growth for harsh environment (HE) semi-submersible offshore drilling rigs, some industry leaders are extremely bullish on future demand for these semis, according to IHS Markit, a leading global source of critical information and insight
Industry
Qatar withdraws from OPEC
Qatar has announced to withdraw from OPEC on 1 January 2019, putting an end to its 57-year membership of the producers’ cartel
ERGIL to supply 15 high-pressure surge vessels for Jordanian water sector
ERGIL, global provider in design, engineering and manufacturing of oil, gas and water process equipment, pressure vessels and storage tanks equipment, has announced to supply surge vessels to Energy Efficiency Improvement Project in the Jordanian water sector
WinGD advances MENA maritime sector with new technology
Winterthur Gas & Diesel (WinGD), a Chinese-owned and Switzerland-based engine manufacturer, has adopted low-pressure gas technology for the Middle East and North Africa (MENA) region, aiming to develop sustainable technology for tracking future emission regulations
Weir Oil & Gas signs contract in Iraq
Weir Oil & Gas Dubai has signed a multi-year contract in Iraq totalling more than US$4mn with a major international oil company
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