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There is no doubt that the production of goods and services has become increasingly globalized since the 1970s, but this trend is one that is hard to measure. Ideally, the best way would be to use firm-level trade and census data across countries, but such data are very rare.
Aker Solutions has been awarded a substantial contract by Petrobras to provide a subsea production system and related services for the Mero 4 project offshore Brazil. This is the fourth consecutive production system for the Mero field development, one of the largest oil discoveries in Brazil's pre-salt area.
Cross-linked news, and information resources about Socialist Peoples Libyan Arab Jamahiriya (Libya)
Santos has released its 2021 Third Quarter Report. Santos delivered another strong quarter. Sales revenues and free cash flow were records for Santos as the business benefited from higher commodity prices.
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi economy structure is lopsided with heavy dependency on export of natural raw material, i.e., crude oil. The modest unbalanced growth that was accumulated by the end of 1970s began eroding […]