Global oil demand growth is set to slide in 2024 while supply is boosted by non-OPEC+ members. As it attempts to manage prices, OPEC+ is expected to hold steady on production. Those moves, and an announcement Saudi’s energy ministry that it wouldn’t push on with production increases, naturally called some major projects into question and oilfield service (OFS) providers took a hit in the markets.
Your guide to international capital project developments
Capital Projects Monitor provides information about capital project developments worldwide, with a focus on projects that generate oversize and project cargo transportation opportunities across the power generation, infrastructure, mining offshore, oil and gas, and civil engineering sectors.
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