Canadian oil will find new paths to markets and continue to create jobs and wealth for Canadians, despite US President Barack Obama’s political decision to deny the Keystone XL permit, the Canadian Association of Petroleum Producers have stated.
According to a new market research report published by MarketsandMarkets the oil and gas security and services market size is estimated to grow from US$26.34 billion in 2015 to US$33.90 billion by 2020.
McDermott has been awarded a contract for an engineering, procurement, construction and installation pipeline project offshore Qatar.
Find out what’s happening next year at the International Tube Fair.