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TECH NEWS

Bull whip effect in the oil and gas industry

By Vinodkumar Raghothamarao, Director Consulting, Energy Wide Perspectives & Strategy, IHS Markit EMEA BETWEEN the 1940’s to 1970’s, the average annual price of oil fluctuated within a 6.5 % band, but from 1980’s until the last few years the variation

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Renewables

New Products

EM&I granted patents for Odin diverless technology

FOLLOWING its successful application for a patent in the USA last year, EM&I – the international asset integrity specialists – have just been granted more prestigious patents for their ODIN diverless UWILD (Under Water Inspection in Lieu of Drydocking) and

People On The Move

Oil and gas sector welcomes Queensland appointments

APPEA has welcomed the Queensland State Government’s recent Ministerial reshuffle and the appointment of Cameron Dick as Treasurer and Kate Jones as State Development Minister. APPEA Queensland Director Georgy Mayo said the new appointments reflect the State Government’s priority on

Vella named as new CME president

THE Chamber of Minerals and Energy of Western Australia (CME) has announced that Ivan Vella, managing director of Port, Rail & Core services – Iron Ore at Rio Tinto, has been elected as CME’s new president. Mr Vella was appointed

Marketplace

Equinor executes EUR1.75 billion in debt capital market transactions

NORWAY’S Equinor ASA has executed a total of EUR1.75 billion in the debt capital market. The debt capital market transaction consists of the following tranches: Issue of EUR 0.75 billion 0.75% Notes due May 22, 2026 Issue of EUR 1.0 billion 1.375% Notes due May 22, 2032 “Equinor has in recent years improved our business, including our portfolio and our financial robustness. In the current volatile market situation characterised by high uncertainty going

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