Middle East Drilling Demand Growth Scaled Back ...Middle East

Maritime Strategies International (MSI) has scaled back its Middle East Gulf region jackup drilling demand growth after Saudi Aramco suspended contracts for over 20 jackups. Saudi Aramco's surprise move came in the wake of the country’s decision to pause further expansion of its oil production capacity. MSI now expects growth in the region to clock in at 1%, down from its previous estimate of 4%, thanks to healthy levels of activity in Qatar and the UAE as they look to meet their respective oil and gas production targets. The…

Hence then, the article about middle east drilling demand growth scaled back was published today ( Monday 15/07/2024 - 12:12 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Middle East Drilling Demand Growth Scaled Back )

Also on site :

• S Korea: IT Exports Hit Record High in May
• Dr. Soliman Fakeeh Hospital – Jeddah becomes first and only hospital in Saudi Arabia to achieve Gold Level Patient Safety Standards Certificate
• Silicon Valley’s AI Dreams Face a Blue-Collar Reality