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Project Sanctioning In 2019 Could Soon Eclipse 2014

20/07/2019

Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco's recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects. This is yet another signal that the offshore

Oil market outlook for 2020

20/07/2019

Global economic growth is expected to remain at 3.2% in 2020 (Graph 1). While the US and China are forecast to slow slightly, some severely hit economies – mainly in Latin America and Turkey – are forecast to recover, keeping