35 offshore projects and 100 rig years have slipped after the oil price collapse. Oddmund Føre, Analyst, Rystad Energy, explains. The market for oilfield services is hurting and offshore drilling is no exception. The global market for…
Schedule slippage is an ever-present reality for exploration and production (E&P) projects, especially for the more complex mega-projects, says Norwegian oilfield analysts Rystad. 'In addition to subsurface challenges, above-ground issues…
Since the turn of the millennium, global pipeline investment has undergone sustained and, in recent years, robust growth as a result of favorable market conditions and industry trends, including: the continued high levels of investment in offshore development…
On 27 Sept 2013, Malaysia's Petroliam Nasional Berhad (Petronas) announced the award of a new Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) contract to a joint venture between France's Technip and Malaysia Marine and Heavy Engineering Sdn Bhd…
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