April 2020 saw oil prices dip negative for the first time in memory. A mixture of COVID-19 travel restrictions worldwide, an oil price war and potential…
A total of 18 planned and announced Floating Production Storage and Offloading (FPSO) projects are expected to be deployed offshore Brazil during the outlook period 2020–2025,…
Global subsea wireless and digitalisation specialist WFS Technologies has scored a double whammy after being revealed as the winners of two prestigious accolades by the organisers…
The rates for chartering very large crude carriers (VLCCs) has surged exponentially due to a spike in demand for long-term offshore storage of crude oil following…
Two of the world’s largest producers of crude (Saudi Arabia and Russia) refused in early March to curb output and are now flooding the market with…
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans…
As a gateway to the North Sea, Aberdeen has been pivotal to the success of the oil and gas industry, but much is now being made…
The Offshore Oil and Gas Market valued at $86 Million in 2018 is expected to reach $151 Million by 2025 with the CAGR of 8.3% over…
In 2019, offshore discoveries accounted for more than 60% of global discoveries, up significantly on previous years, says GlobalData, a leading data, and analytics company. The…
UK offshore industry body Oil and Gas UK (OGUK)’s recent report highlights both the general importance of striving for net-zero emissions and the role that the…
SAN ANTONIO, TX – EPIC Crude Holdings, LP is pleased to announce that one of its subsidiaries has loaded and launched the first shipment of crude…
On January 1, 2020, the new International Maritime Organization’s regulation—dubbed “IMO 2020”—for sulfur reduction from 3.5% to 0.5% will go into effect. The regulation stipulates that…
While the oil and gas industry is seen exploiting digital technologies and cost-effective concepts of operations, they are also inviting security problems. The industry’s increasing dependence…
Preventing damages caused by corrosion can extend the life of all the steel structures that are employed in the oil and gas industries alongside increasing the…
