In sum, some industry experts expect to see a continued slowdown in new well investment as the industry conserves cash and waits for the bottlenecks to be eased. More bankruptcies are to be expected, especially among smaller players, who are most reliant on attracting new investment to stay in business.
This is a brief list of some of the work completed for various clients in a variety of formats, during the past month. In July I covered a wide range of topics including developments in the oil and gas business, maritime sector including use of hydrojets, global environment, power generation including renewables, the application of industrial internet of things, constuction challenges and bunkering logistics. In addition, I visited and reviewed the current exhibition at Oxford’s Ashmoleum Museum. Plus produced a briefing on Italian utility Enel. Contact me to find out more firstname.lastname@example.org
It is likely that any further production cuts by OPEC and Russia to maintain prices will be harder to implement if all it does is boost American oil producer’s profit margins and encourage greater investment in well drilling and completions.
Most people would be surprised to learn that the earth is now greener than the 1980s.
It has been estimated by the EIA, that the US has some 2,000 GW of offshore generating capacity to exploit. This is roughly double current demands for power in the US. Much of this clean energy resource is located near many major population centres such as New York, Los Angeles, […]