Rystad Energy has ranked the cheapest sources of supply in the oil industry, with North American tight oil emerging as the second cheapest source of new oil volumes globally, according to Rystad Energy’s cost of supply curve update
Petrochemicals
McDermott wins ADNOC Refining's FEED contract
US engineering firm McDermott International has announced that it has been awarded a substantial contract by the Abu Dhabi National Oil Company subsidiary ADNOC Refining
Eni discusses future investment opportunities in Iraq
Thamir A. Al Ghadhban, the deputy prime minister of Iraq, and Eni CEO Claudio Descalzi met in Baghdad
Iraq to become the third largest oil supplier by 2030: IEA
Iraq could be the world’s third largest oil supplier by 2030 after the US and Brazil, according to a new report from the International Energy Agency (IEA)
McDermott wins Kuwait petrochemicals contract
Kuwait Integrated Petroleum Industries Company (KIPIC), a subsidiary of Kuwait Petroleum Corporation (KPC), has announced that it has awarded a technology contract to the US-based engineering firm McDermott International