GlobalData

Oil and gas industry contract value increases

Oil and gas industry overall contract value up by 60% during Q2 2023 according to a GlobalData report on the industry.

Low-carbon hydrogen critical for net-zero transition

Oil companies are looking for avenues to move towards operations with net-zero emissions and low-carbon hydrogen plays a critical role.

North America driving global small-scale LNG liquefaction capacity

North America is expected to witness the highest small-scale LNG liquefaction capacity additions globally from 2023 to 2027.

Autonomous mobile robots’ role growing in industrial operations

Autonomous mobile robots (AMRs) are increasingly finding applications in the mobile robotics ecosystem as automation becomes the new normal.

China to account for 24% of upcoming Asia crude oil refinery projects

China is expected to commence operations of 44 crude oil refinery projects during 2022-2026, accounting for 24% of all crude oil refinery projects in Asia.

European gas stations to add more fast-charge points

As electric vehicles grow in popularity, oil and gas companies are working to accommodate charge points at gas stations.

Oil and gas industry witnessed a surge in high-value deals in 2021

Oil and gas industry witnessed a surge in high-value deals in 2021 driven by oil price recovery, says GlobalData.

Crude oil refinery maintenance rises in 2021

Unplanned crude oil refinery maintenance was at its highest due to bad weather conditions such as fires, explosions and power outages

Marcellus and Utica shales expect steady production growth until 2025

Marcellus and Utica shales were largely unaffected by COVID-19, natural gas production at these sites is still expected to rise

Digital oilfield technologies moving closer to unmanned operations

Digital oilfield technologies such as digital twins and other remote monitoring solutions will have a major impact in upstream oil and gas operations, according to GlobalData.