AN INCREASE IN OFFSHORE ACTIVITY
Offshore activity is expected to increase as new projects are being sanctioned and activity levels are approaching 80% of their historical highs. This suggests that the offshore upturn seen throughout 2018 is set to continue. With a recent rise in final investment decisions on offshore oil and gas projects globally, this is set to have a positive impact on global offshore investments throughout 2019
SMALL COMPANIES STORM AHEAD
2019 could be the year in which smaller producers take the reins in the oil and gas market. With the North Sea remaining one of the biggest and most important regions for activity, offshore projects are on the rise, and innovations are moving quickly. It is key that companies can act and respond efficiently to a fast-paced industry. Smaller operators can often offer more streamlined decision-making processes, which allows them to act rapidly to develop and explore changing environments within the market.
GOING DIGITAL WITH INDUSTRY
Within the industry, 2019 is the year in which service companies and operators alike can transform operations efficiency across their workforce by leveraging advanced digital technologies.
RECRUITMENT SURGE
With 41% of oil and gas company executives expanding their headcount throughout 2018, it is highly likely that this recruitment drive will continue into 2019.
This anticipated growth in recruitment is undoubtedly a reflection on a positive shift within the oil and gas industry which has seen companies remaining reactive to market conditions and offshore activity rising. Growth in headcounts has been aided by campaigns within the industry to push for a more inclusive workforce.
OIL PRICE INCREASE
And finally, perhaps the most important trend we hope to see throughout 2019 is an increase in oil prices; which is currently over $80 per barrel. It has been speculated that prices could rise towards $100 per barrel towards the end of the year or by early 2019. The year-on-year increase in oil prices is positive steps towards recovery following the 2015 slump. Furthermore, analysts at Offshore Magazine have predicted that offshore gas production will perform well moving into 2019, resulting in a peak in prices.
Offshore activity is expected to increase as new projects are being sanctioned and activity levels are approaching 80% of their historical highs. This suggests that the offshore upturn seen throughout 2018 is set to continue. With a recent rise in final investment decisions on offshore oil and gas projects globally, this is set to have a positive impact on global offshore investments throughout 2019
SMALL COMPANIES STORM AHEAD
2019 could be the year in which smaller producers take the reins in the oil and gas market. With the North Sea remaining one of the biggest and most important regions for activity, offshore projects are on the rise, and innovations are moving quickly. It is key that companies can act and respond efficiently to a fast-paced industry. Smaller operators can often offer more streamlined decision-making processes, which allows them to act rapidly to develop and explore changing environments within the market.
GOING DIGITAL WITH INDUSTRY
Within the industry, 2019 is the year in which service companies and operators alike can transform operations efficiency across their workforce by leveraging advanced digital technologies.
RECRUITMENT SURGE
With 41% of oil and gas company executives expanding their headcount throughout 2018, it is highly likely that this recruitment drive will continue into 2019.
This anticipated growth in recruitment is undoubtedly a reflection on a positive shift within the oil and gas industry which has seen companies remaining reactive to market conditions and offshore activity rising. Growth in headcounts has been aided by campaigns within the industry to push for a more inclusive workforce.
OIL PRICE INCREASE
And finally, perhaps the most important trend we hope to see throughout 2019 is an increase in oil prices; which is currently over $80 per barrel. It has been speculated that prices could rise towards $100 per barrel towards the end of the year or by early 2019. The year-on-year increase in oil prices is positive steps towards recovery following the 2015 slump. Furthermore, analysts at Offshore Magazine have predicted that offshore gas production will perform well moving into 2019, resulting in a peak in prices.
CLOSED JOINT-STOCK COMPANY AGS OIL is one of the leading Oil & Gas trading companies in Russia Federation with good business reputation and well experienced in the Petroleum and mining sector. We offer the following trades through our reliable Refineries: D2 DIESEL OIL GOST 305-82, JP54 AVIATION KEROSENE COLONIAL GRADE, UREA 46%/PRILLS, LNG, LPG, REBCO, MAZUT100 GOST 10585-75/99, AUTOMOTIVE GAS OIL(AGO). We as well secure allocations from our various Refineries for our numerous buyers who are interested in Spot transactions on FOB/CIF deliveries to any world safe port (AWSP). Our Refineries have their products both at Russian ports and Rotterdam port. we also have a reliable SHIPPING COMPANY if you are in need of find the contact bellow.
ReplyDeleteEmail: baevsergeyalexandrovich@bk.ru
BAEV SERGEY ALEXANDROVICH.
Dear Buyer/ Buyer mandate
ReplyDeleteWe OOO GSK-NEFT are an official Oil & Gas Trading Company/Mandate
working direct with Russian Petroleum Refineries which deals on
Russian Petroleum Product such as JP54, D2, D6, JA-1 ETC with good and
workable procedure whereby buyers need to have there owned TSA of
their logistic company that is to sign CI along with the buyer and
insert tank numbers as proof that buyer has tanks availability at the
port to avoid waste of time and delays. Kindly Contact us via
E-mail:{ooogsk.neft@mail.ru} for our official
SCO.
Best Regards
Mr Burdin Dmitry Yuryevich
Tel: +79268063267
Email: ooogsk.neft@mail.ru
Skype: ooogsk.neft@mail.ru