INTERNATIONAL. Saudi Arabia pumped the most oil in three decades last month, reaching 9.8 million barrels a day and boosting OPEC production, the International Energy Agency said. Increased output in Angola helped replace lower supply in Libya.
Daily supply from the 11 Organization of Petroleum Exporting Countries members bound by quotas rose to 27.37 million barrels a day in July from 27.22 million in June, the Paris-based IEA said today in its monthly oil market report.
“Output has regained levels close to those seen before the Libyan crisis, although OPEC spare capacity now stands at
INTERNATIONAL. The power plants in the towns of Manapla, San Carlos and La Carlota will convert sugarcane waste to electricity using a low carbon-emitting process called circulating fluidized bed boiler technology.
UAE. New report from MEED says oil price recovery will boost UAE economy in 2017; Higher oil prices, Expo 2020 and increasing trade with Iran to drive recovery; Projects market to benefit from return of confidence with $629bn project pipeline.
INTERNATIONAL. The vessel based engineering work involves Bibby Offshore installing a cathodic protection system on one platform, and performing air diving services to complete routine and non-routine inspection, repair and maintenance support.
UAE. The new site supports the updated branding for the business and has been simplified to make the user experience even more seamless as well as making the whole recruitment process more approachable for every client.