Oil price slump causing onshore project delaysThe substantial fall in oil prices has weakened the onshore market, causing project delays and a focus on reducing costs for pipeline owners, said an industry expert. “Despite this, the delays we have observed have a differe More… |
Oil nations step up focus on renewablesAs the oil price further deteriorates, major oil-producing countries are increasingly looking to the future and to sustainability, a report said. Recently, Bloomberg forecast that two-thirds of the $12.2 trillion global investment More… |
Oil and gas investment: Risky returns?Today’s oil and gas environment has been impacted by a myriad of issues including restrained capital spending, curtailed investment and employment cuts for struggling companies across the supply chain. Recovery from current More… |
Subsea EPC ‘shifting to value added tech’Recent years have seen a shift in focus in the subsea EPC (engineering, procurement and construction) sector from mechanical tree designs towards value added instrumentation, monitoring and processing technologies, a report said. More… |
Subsea EPC ‘shifting to value added tech’Recent years have seen a shift in focus in the subsea EPC (engineering, procurement and construction) sector from mechanical tree designs towards value added instrumentation, monitoring and processing technologies, a report said. More… |
Subsea EPC ‘shifting to value added tech’Recent years have seen a shift in focus in the subsea EPC (engineering, procurement and construction) sector from mechanical tree designs towards value added instrumentation, monitoring and processing technologies, a report said. More… |
World downstream maintenance spend to hit $322bnThe expenditure for global downstream asset maintenance is set to hit $322 billion between 2015 and 2019, up 12 per cent when compared to the previous five-year period, said a report. In 2014, the spend totalled $63 billion for th More… |
World downstream maintenance spend to hit $322bnThe expenditure for global downstream asset maintenance is set to hit $322 billion between 2015 and 2019, up 12 per cent when compared to the previous five-year period, said a report. In 2014, the spend totalled $63 billion for th More… |
World downstream maintenance spend to hit $322bnThe expenditure for global downstream asset maintenance is set to hit $322 billion between 2015 and 2019, up 12 per cent when compared to the previous five-year period, said a report. In 2014, the spend totalled $63 billion for th More… |
Downstream maintenance costs likely to rise 12pcGlobal downstream asset maintenance expenditure is expected to total $322 billion between 2015 and 2019, reflecting an increase of 12 per cent when compared to the previous five-year period, a report said. In 2014 spend totalled $ More… |