Tag Archives: Oil

MAP-Tech Demonstrates Autonomous Boat Control for the Oil & Gas Sector at ADIPEC 2017

Following a series of both public and private demonstrations in the last few months, local marine autonomy experts MAP Marine Technologies [MAP-Tech] once again present their system, only now suited for the Oil & Gas sector. read more

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Saudi Crown Prince Says Kingdom Ready To Back Extension Of Oil Output Cut Agreement

“The high demand for oil has absorbed the increase in shale oil production” – Crown Prince Mohammed bin Salman read more

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Kuwait And Oman Join Saudi Arabia And Russia In The Quest To Extend Oil Supply Cuts.

Growing news across oil exporting countries have been unpleasant. This Monday, Russia and Saudi Arabia announced that they request a nine month OPEC output cut extension. Following that Kuwait and Oman has joined Russia and Saudi Arabia – the two largest producers among the 24 producers who earlier agreed to cut output in 2018 for an extension. read more

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