Industry

What’s in store for the oil market in 2022?

Oil market 17 JanThe world’s most heavily traded commodity starts a new year on renewed optimism about demand despite Covid-19 uncertainties and Europe’s energy crisis

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Wood propels Middle East growth with US$580mn of wins in 2021

Wood MidEast 2022Wood has marked a year of strategic growth in the Middle East region following a suite of contract awards and strategic framework renewals across its consulting, projects and operations business units, accumulating in US$580mn of secured backlog in 2021

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Yokogawa enhances cybersecurity for OpreX control and safety system lineup

Yokogawa 2022Yokogawa Electric Corporation has obtained ISASecure CSA Level 1 certification from the ISA Security Compliance Institute (ISCI) for its CENTUM VP integrated production control system, a product in the OpreX Control and Safety System family

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GlobalData: 2021 saw record-high carbon prices

GLobalData Jan 2022 1Around 22% of greenhouse gases are explicitly priced and less than 4% are priced at US$40 per tonne — the minimum price considered necessary to meet Paris Agreement targets, according to GlobalData analytics

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OSSO announces UK headquarters and new hires

James Scullion CEO OSSOOSSO, the specialist fluid temperature control and separation solutions provider, has announced its move to larger headquarters in Aberdeen, UK and appoints six new hires across the Middle East and Europe as part of its global growth strategy

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