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In "BUSINESS"
OSLO — The US oil and gas labor market is amongst the world’s most severely hit by the downturn that the COVID-19 pandemic has brought, a Rystad Energy analysis of the latest data from the US Bureau of Labor Statistics (US BLS) reveals. More than 100,000 oil and gas jobs have already been lost in total, with most of them coming from the support activities market.The data shows that the four oil and gas segments most affected are support activities for oil and gas operations (44,550 jobs cut from a pre-COVID-19 level of 233,550), pipeline and gas and related construction (16,000 jobs cut from 227,000), drilling of oil and gas wells (13,450 jobs cut from 79,450) and oil and gas extraction (9,600 jobs cut from 156,600).In addition to the above four segments from the US BLS, Rystad Energy...
June 12, 2020
Over 100,000 oil and gas jobs lost in US, wages seen falling in 2021
June 12, 2020
2020’s oil demand recovery slows down, road fuels upgraded for 2021
June 12, 2020
Risk-off: Equities down, treasuries and dollar up
June 12, 2020
MENALAC members prepare to open amusement facilities
June 12, 2020
How GCC consumer packaged goods firms, retailers can weather COVID-19 storm
June 12, 2020
British Council scheme to help 1m English learners amid COVID-19
June 12, 2020
74% of Saudi firms expect to suffer from an email-borne attack: Mimecast
June 12, 2020
Group 42, Oxford Nanopore co-develop ultra-scalable solution for COVID-19 detection
June 12, 2020
Closing business’ data availability and protection gaps critical to digital transformation
DUBAI — Selecting, engineering, implementing, and operating a control system is a significant, long-term investment. Yet applying a defense-in-depth strategy to protect the process from cybersecurity risks is another significant, long-term investment that can be made more complicated if the inherent security features of the control system are not strong, an industry expert said.Colin Prentice, an ISA99 expert at Emerson Automation Solutions, and OT cybersecurity leader in MEA region, stressed that emerging cybersecurity standards can help project personnel recognize process control systems that are cybersecure-ready.Working with automation suppliers and their customers, the International Society of Automation (ISA) developed the ANSI/ISA 62443 family of standards, aimed at guiding end...
June 12, 2020
Building strong cybersecurity foundation a deterrent against risks
