Thanks to the shale oil revolution, for the first time since the 1940s, the United States exported more oil than it imported last September. In that month, U.S. exports of crude oil and refined products exceeded imports by 89,000 barrels a day, according to EIA statistics. This marks a significant […]
Increasing interest in offshore drilling owes much to the industry’s success in reducing costs by between 30-40 percent and increasing productivity.
2020 is expected to be another record year for the region with average production above 1.9 million barrels per day.
The global market for Floating Production, Storage and Offloading vessels is headed for a major recovery.
We wish you and your loved ones a very Happy Christmas and New Year! Thank you for a marvellous year (and decade!) and for being part of our community. Our offices will be closed for the Christmas and New Year break from 25 December 2019 until 2 January 2020.