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Energy Domain Looks to the Future with Energent Acquisition

Energy Domain Looks to the Future with Energent Acquisition
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Energy Domain Looks to the Future with Energent Acquisition

Energy Domain Looks to the Future with Energent Acquisition
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Energy Domain Looks to the Future with Energent Acquisition

Energy Domain Looks to the Future with Energent Acquisition
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Middle East Oil & Gas Review

By Tsvetana Paraskova OPEC expects China’s economic rebound to lead global oil demand growth this year. Saudi Aramco reported lower first-quarter profits as oil prices declined, and demand for onshore drilling rigs in the Gulf is expected to jump over the next five years—these were the highlights in the oil and gas sector in the Middle East over the past month.

Westwood Insight – GCC onshore drilling rig demand forecast for 25% growth by 2027

Westwood has released the MENA Onshore Drilling Rig Market Forecast, the first in a series of new regional land rig reports available to subscribers. Westwood predicts 25% healthy demand growth for land rigs in the Middle East GCC region over the 2023-2027 forecast period, as Saudi Arabia and the UAE pump billions into reaching production capacity targets.

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