Posted inProducts & Services

Tenable on how it engineers fire safety in Oman

Tenable Fire Engineering Consultancy talks about its work in Oman, challenges working in oil and gas, and shifts in the industry

The oil and gas industry is paying more attention to safety in the region, as information is more readily available and regional companies look to international safety standards for guidance on ensuring that their projects are secure. “Stakeholders, from clients to developers, are paying more attention to fire and life safety, recognising its importance to […]

Posted inEnergy Transition

Major technologies to boost efficiency and decarbonise oil and gas operations

Honeywell shares some of the key technologies that are having an impact on carbon emissions

The oil and gas sector is increasingly embracing new technologies across the value chain, with the hopes of making operations more efficient. But which of these have potential to lower carbon emissions? Honeywell weighs in with some of the solutions that could have the greatest impact on oil and gas decarbonisation efforts. UNISIM DESIGN UniSim […]

Posted inProducts & Services

Tendeka secures $30 million worth of new wells contracts

To support the inflow control of wells, Tendeka has installed more than 50,000 FloSure AICDs around the world

Global completions specialist Tendeka has secured more than $30 million worth of international contracts within the last quarter which will cover the next three years. In addition to this unplanned revenue, the company has won long-term work with operators for its swellable packers and sand and inflow control technologies across key energy hubs, including the […]

Posted inNews

Energy sector can turn to circular economy to boost value

Against the backdrop of a growing population, increasing energy demand, and the heightened threat of climate change in the region, PwC Middle East details how private and public Energy, Utilities and Resources (EUR) players in the GCC can turn to circularity for long-term value

In a newly published paper titled ‘The rise of circularity: How the GCC is transforming from the inside for the outside’, PwC Middle East outlines the benefits of a circular economy in the region. With high consumption and heightened environmental threats, the ‘take-make-dispose’ industrial model is no longer sustainable for the GCC. As such, organisations […]

Posted inEnergy Transition

Green hydrogen projects will stay dry without parallel desalination market

The current pipeline of projects aims to produce about 30 million tonnes of hydrogen per year by 2040, with an annual requirement of 620 million cubic meters of purified water

The global pipeline for green hydrogen projects is growing fast, with a current target of 206 gigawatts (GW) in installed electrolyzer capacity by 2040. However, a Rystad Energy analysis reveals that the locations of the planned projects are overwhelmingly in areas where water is in short supply. This means that an additional desalination market needs […]

Posted inExploration & Production

Surging energy sector disguise weakness elsewhere

Your weekly commodity update from Saxo Bank

The commodity rally continues with the Bloomberg Commodity Spot Index hitting a fresh ten-year high this past week. It is however worth noting a sharp divide has started to emerge between the different sectors with performance becoming a lot less synchronized than what we saw during the first half of 2021. The worst performing sector […]

Posted inEnergy Transition

bp, ADNOC and Masdar to form strategic partnership to provide clean energy solutions for UK and UAE

bp and ADNOC intend to continue decarbonizing existing oil and gas operations through the use of methane detection, CCUS and pioneering digital technologies

bp, ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy, creating potentially thousands of energy jobs.  The first agreement would see the companies collaborate to initially develop 2GW of low carbon hydrogen across hubs in the UK and UAE, with […]

Posted inNews

Geothermal power push to bring billions to drillers

It estimates that, between 2015 and 2020, around 1,100 geothermal wells were drilled for power generation, with an average of 180 per year in the period

Renewed interest in the geothermal sector in recent years, which has seen oil and gas majors make investments in numerous startups, is set to see a new record in the number of wells drilled for power generation, surpassing 200 this year for the first time. Spending on geothermal activity is expected to boom in the […]

Posted inExploration & Production

Oil edges down on US supply return, strong dollar and Covid-19 outbreaks in Asia

Oil prices are trading lower today as Ida-hit US production is slowly returning, while a stronger dollar makes oil pricier for international markets, at a time that China and Japan battle Covid-19 outbreaks

The reason oil prices reached such highs in the last few days was clearly supply disruptions and drawdowns in inventories, so now that US oil production is returning, oil as expected trades lower. The decline in prices today comes as US supply is slowly returning back online, at a time when the dollar has strengthened, […]

Posted inProducts & Services

SPARK to feature first dry port of its kind to enable global connection

The three-square-kilometre dry port will enable the future joint venture to capture the growing demand for logistics services for energy-related products in the Middle East and beyond while also serving the neighboring industrial cities

SPARK and Hutchison Ports are pleased to announce the signing of a shareholders’ agreement for the formation of a joint venture to manage and operate the dry port and bonded logistics zone in the SPARK energy industrial city. Designed to ensure ease of access to global markets, the three-square-kilometre dry port will enable the future […]

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