Rystad highlights subsea boosting as opportunity for more than 200 oil projects

Subsea boosting could make an immediate increase in production profitably on more than 200 oil projects globally, according to Rystad Energy’s newly launched Subsea Processing Screening Tool. The increase in recoverable reserves for the top 100 projects, out of more than 200 projects identified where subsea boosting would be profitable, averaged 61 million barrels of …

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Asime y Puerto de Vigo defienden más espacios portuarios y estrechan su colaboración

La Junta Directiva de Asime se ha reunido con el Presidente y la Directora del Puerto de Vigo. La situación actual del sector industrial, el estado de las ampliaciones y concesiones portuarias y el refuerzo de la cooperación centraron el encuentro. Asime y Puerto acordaron estrechar la colaboración de cara a la captación de fondos …

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Propspeed Announces Substantial Global Expansion in the New Year

Propspeed, leading innovator of underwater foul-release coatings, announced today a massive investment in global expansion. Building on the brand’s recent establishment of a United States presence with Propspeed USA, the company is in the midst of developing its European distribution network and has recently appointed several new hires in key markets. To further support their …

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SBM Offshore says 2021 earnings to be below expectations as clients cut spending

SBM Offshore forecast that 2021 core earnings will be slightly below market expectations, the multinational oil firm said on Thursday, noting 2020 challenges will spill into 2021 as many of its clients had to cut budgets. The Dutch company, which supplies floating oil and gas production vessels, forecasts earnings before interest, tax, depreciation and amortisation …

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