Top Stories

Project Sanctioning In 2019 Could Soon Eclipse 2014


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


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