API’s IM standards boost offshore safety

API is continuing to lead the way on safety

Non-OPEC liquid production to continue reaching record highs

Liquid production growth for non-OPEC countries reached the highest rate on record in 2018, with a growth of almost ...

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Rystad: Lower prices to push service market into recession

Lower oil prices will push the global service market into a recession in 2020 after three successive years of ...

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Rystad: FPSO market headed for major renaissance

The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance ...

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Rystad sees downside risk to 2020 oil prices

Oil market is going from gloomy to gloomier, according to Norwegian energy intelligence firm Rystad Energy.

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Rystad: Offshore market takes the lead in employment

In an analysis of the oilfield service industry, sector intelligence firm Rystad Energy noted that the main driver ...

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Rystad: Project sanctioning in 2019 ready to surpass 2014

Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently ...

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Deepwater contributes half of discovered volumes in 1H 2019

Deepwater discoveries are leading the charge with global discoveries of conventional oil and gas continuing to show ...

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Rystad: No room for OPEC+ to increase output in 2019

The OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 ...

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Rystad: Hasty sanctioning leads to cost overruns

As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of ...

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Rystad: U.S. Gulf of Mexico production set for record year

Oil production in the U.S. Gulf of Mexico is set to make new records in the imminent future, according to Norwegian ...

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Rystad: Renewables investments in Asia to take lead in 2020

Renewable energy investment in Asia, excluding China, will overtake spending on upstream oil and gas projects in ...

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Rystad: Offshore renaissance party might end in 2022

The offshore oil and gas industry is currently in a resurrection mode and is expected to keep growing, however, the ...

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Rystad Energy: Offshore O&G has tremendous room for growth

Offshore continues to thrive and has much to offer in the future despite oil price downturns and the shale ...

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Rystad: 2019 could be best year for discoveries since 2014

If the rest of 2019 continues at the same pace of discoveries as the first quarter, the year will exceed 2018’s ...

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Rystad: Global FID volumes in 2019 to triple over last year

A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned ...

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Rystad: Top wildcats to watch in 2019

Several wildcat wells planned for 2019 have the potential to be "elephant" finds, according to Norwegian oil and ...

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Rystad: 33 FPSO vessels to be sanctioned from 2019 to 2021

Norwegian oil and gas intelligence firm Rystad Energy expects 33 FPSO vessels to be sanctioned from 2019 to 2021 as ...

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Rystad Energy: Offshore spending to outrun shale in 2019

Rystad Energy has predicted that offshore spending would outgrow spending on onshore shale activities in 2019.

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Rystad: OPEC+ must cut 2019 supply growth

The OPEC + countries must cut 2019 supply growth by 1.5 million bpd if they want oil prices back above $70 next year.

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Ensco-Rowan: All water depths with truly global footprint

Offshore drillers Ensco and Rowan earlier this week announced they would merge to create an offshore drilling ...

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Rystad: Rise in FIDs to keep offshore ahead of shale

An analysis by Norwegian energy intelligence group Rystad Energy has claimed that a rebound in spending will keep ...

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