$77 million paid back on schedule, new senior note issued, and order book expands by $15 million as fleet utilisation rate increases
The company is planning five major expansion projects, four for crude and one for natural gas, to boost output
James Fisher Subsea Excavation, with a range of inhouse excavation equipment and experience, will be moved under the umbrella of James Fisher Offshore
The acquisition, effective January 14, 2020, includes the Feubo facility located in Hattingen, Germany
The development strategy for the new joint venture is aimed at addressing the challenge of digitally transforming the oil and gas sector through the application of Industry 4.0 technologies
He noted Baker Hughes' decision to reduce its carbon footprint by 50% by 2030, with the goal of being net zero by 2050, and urged others to take on their carbon footprints
However, S&P Global Platts' latest survey of OPEC production estimated Nigeria's December crude production at 1.84 million bpd
Amin Nasser noted that while climate change concerns increase the complexity of business for Aramco, the company s taking a "pragmatic" approach to the energy transition
OPEC Secretary General Mohammed Barkindo was also optimisic about maintaining balance in the market throughout the year.
In a talk at IPTC in Dhahran, Mohammed Barkindo said that the energy transition is not from "point A to point B"
During the event, Shell will host discussions and events with company leaders and experts to engage and inspire visitors around the changing global energy system and energy innovations
The company’s pilot line to be developed at the Parker Filtration Innovation Center
Dr. Al-Sultan said that the kingdom is working to build a renewable energy sector that includes industries, services, localisation of technology and qualification of human cadres.
Dr. Sultan Al Jaber said that the company was taking a "comprehensive and holistic approach" to sustainability.
Azelio signs MoU for energy storage project in Jordan