
Saudi Aramco extends contract with SNC-Lavalin
SNC-Lavalin has been awarded a five-year extension to its GES+ contract with Saudi Aramco.
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The US EIA has predicted that crude oil prices are to increase slightly through 2017 and 2018.

Michael Glavin has been appointed as Conval’s new Vice President of Engineering.

Kleinfelder has announced it has been named as the the prime vendor for a US$125 million refinery remediation programme.

Petronas has selcted LyondellBasell’s Hostalen ACP PE Technology for a project in Malaysia.

FES International has been accredited with the API’s Spec Q1 certification

CEFC International has announced it will be advancing into Europe's energy market with the successful acquisition of downstream distribution networks in France and Spain.

Cantor Fitzgerald Europe suggests that further production cuts by OPEC members and other suppliers could push the oil price to as high as US$70/bbl.

REXA has announced the establishment of a Canadian subsidiary.

According to the latest report from the EIA, crude oil prices increased in 2016, but are still below 2015 averages.