RAI has come up as an expert in Rope Access Inspection services for oil & gas companies in Cape Town. The company assures IRATA accredited cutting- edge and safest possible services at affordable rates.
Investment in the unconventional energy sector has witnessed unpredicted growth in recent years as global oil demand has increased and crude prices have surged to new heights.
The major developed economies are investing in carbon sequestration to strengthen the climate change initiatives across the world.
In January this year, the US’ interior secretary Ken Salazar has announced amendments in existing oil and gas leasing policy.
Overall Oil & Gas Capex Will Increase In 2010 Driven By NOCs’ Investments
Recent exploration in the Black Sea has yielded huge potential oil and gas reserves equivalent to at least 10 billion barrels of oil and 1.5 tcm of gas.
Iraq’s oil ministry offered 15 oil fields for development in the second licensing round at the end of 2008.
Amidst increasing demand for natural gas across the globe, an increasing number of countries are planning to build LNG terminals.
Instability in Global Financial Markets, Decline in Oil Prices, Credit Crunch and Weak Energy Demand have Impacted Investment Plans of Oil and Gas Companies
Apart from pipelined natural gas, LNG and gas shales are also emerging as major gas sources for the US.
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