Oil prices reach seven-year high as OPEC keeps crude supply tight

Oil rose to a new seven-year high after OPEC+ chose to keep supplies fairly tight even as the world grapples with an energy crunch. Futures climbed above $78 a barrel in New York after surging 2.3% on Monday as Saudi Arabia and its partners... ...More>>

Oil industry needs $500 billion to avoid future supply crises

Oil explorers need to raise drilling budgets by 54% to more than half a trillion dollars to forestall a significant supply deficit in the next few years, according to Moodys Investors Service Inc. Crude and natural gas drillers chastened by... ...More>>

PL19-3 Oil Field Jacket Design and Development of “Fixed Offshore Structure Design Tool” Software

Project Located in Bohai Bay off Chinas northeastern coast, the CNY 8.8 billion Bohai Development Project is a joint venture between China National Offshore Oil Corporation (CNOOC) and ConocoPhillips China Inc. The project will expand exist... ...More>>

Chinese dredging hose market is expected to grow at a CAGR of nearly 3.9%

The Chinese dredging hose market is expected to grow at a CAGR of nearly 3.9% during the forecast period. The significant increase in investments in port infrastructure contributes to the increase in the number of dredging contracts in the... ...More>>

Oil & Marine Hoses Market: Research Highlights

A New Research announces the launch of a new report on Oil Marine Hoses Market by Media Type (Oil, LPG, Water, and Chemical), by Carcass Type (Single Carcass and Double Carcass), by Hose Type (Floating and Submarine), and by Region (North A... ...More>>