The UK is set to lead a watershed year for the construction of steel offshore wind turbine jackets, according to Rystad Energy.
As some of the North Sea’s private equity-backed players prepare themselves for public listings, 2020 is expected to be a “big year” for gauging the size of investors’ appetites.
The U.S. Gulf of Mexico is expected to set another oil production record in 2020 with most of the growth coming from deepwater projects, according to a new study.
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance, according to Rystad Energy.
The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million barrels per day from the market.