Procuction News

 

OPEC⁺ Faces Moment of Truth on Planned Output Increase

Aug 22, 2024

In the next few weeks, Saudi Arabia and its OPEC⁺ allies must take a delicate decision about whether to proceed with planned production increases from October, or postpone them because of an uncertain economic outlook.The recent slides in front-month Brent futures prices, calendar spreads and refinery margins, amid concerns about the outlook for petroleum consumption, have dramatized the danger of getting it wrong…

Current News

Petrobras Picks TechnipFMC for Flexible Flowlines Delivery off Brazil

Petrobras Picks TechnipFMC for

Framo Signs Record Pump Service Deal for Petrobras FPSO Fleet

Framo Signs Record Pump Servic

Equinor Ups Snøhvit Future Cost Estimate to $2.8B, Timeline Unchanged

Equinor Ups Snøhvit Future Cos

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Yinson Production Raises $1.46

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine