A fresh wave of offshore project sanctions across Southeast Asia could boost greenfield investments in the oilfield service space by almost 70% in 2020, according to Rystad Energy.
Following the recent news that Saudi Arabia’s national oil company Saudi Aramco will issue its prospectus to potential investors in its initial public offering (IPO);
Over the last four years oil and gas production in the West of Shetlands has risen and with that, a growing relevance for the biggest players still active in the UK continental shelf (UKCS), says GlobalData, a leading data and analytics company.
Harvey Gulf announces that it increased EBITDA by 33% in the 3rd quarter. The Company attributed the increase to a continued, successful international expansion. However, the Company also warned the end of downturn is still years away, and the industry needs further consolidation and SG&A reductions.
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