In an industry where the US dollar (USD) is king, foreign exchange (FX) markets can make a significant difference to many oil and gas firms’ bottom line during extreme market volatility and economic uncertainty.
Phrases like ‘global pandemic’ and ‘negative oil price’ don’t tend to embolden investors. They would normally send them running for cover with their chequebooks safely tucked away for sunnier days.
The UK Government said yesterday it would not stand in the way of the China National Offshore Oil Corporation's takeover of Nexen.
ENGINEERS are at a premium in the offshore industry. One such individual is Peter Brannen, of Aker Solutions.
EXHIBITORS at this week's Australasian Oil and Gas Exhibition and Conference in Perth, Western Australia, include some familiar names in the north and north-east.