In line with the rising interest on blockchain technology for trade industry in recent years, oil and gas companies will be able for the first time to finalising crude oil deals on a live blockchain-based platform.
Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion
Some oil and gas companies are turning to renewables, particularly solar, to boost oil production from fields as they work to reduce carbon footprints while meeting today’s global energy needs.
An overall positive macroeconomic outlook and increased regional infrastructure spending have suggested an improving business environment for the ailing offshore industry
Oil and gas industry company TechnipFMC has signed a major EPC contract by Middle East Oil Refinery for the modernization and expansion of their existing complex near Alexandria, Egypt.
