Bentec GmbH announced today an alliance agreement with Arabian Drilling Company (ADC). Bentec GmbH will become ADC’s preferred supplier of Top Drives and Iron Roughnecks. The deal is the first announced through KCA Deutag’s new business unit Kenera which brings together Bentec’s manufacturing expertise with the technology and engineering skills of RDS and the wider […]
Author Archives: Carla Sertin
Posted inProducts & Services
Safely expanding LNG bunkering and storage while decarbonising
RINA has been awarded a framework contract by the European Maritime Safety Agency (EMSA) to support initiatives to increase the availability of LNG in the medium term with small scale bunkering and depots to expand the use of this fuel throughout the Mediterranean, Black and Caspian Seas. This important, strategic project is aimed at reducing […]
Posted inExploration & Production
Dana Gas reports $139 million net profit in H1 2021
Gross profit increased by 133% to $91 million and revenue increased by 19% to $216 million
Dana Gas PJSC (the “Company”), the Middle East’s largest regional private sector natural gas company, today announced its financial results for the half year ended 30 June 2021. The Company has delivered one of its strongest half-yearly results with H1 2021 net profit of $139 million (AED 511mm) compared to a loss of $19 million […]
Posted inExploration & Production
Southeast Asia to increasingly rely on LNG imports through 2030
Southeast Asia represents a key growth region for natural gas over the next decade as populations and economies continue to grow
Despite being a net exporter of liquefied natural gas, Southeast Asia is set to increasingly rely on imported LNG through 2030 to meet the growing demand and support the waning domestic supplies, says GlobalData, a leading data and analytics company. Southeast Asia represents a key growth region for natural gas over the next decade […]
Posted inProducts & Services
Onshore pipeline project costs to increase by 4%-6% by end-2022
Prices of raw materials, transportation, and labor costs are behind the expected increase
The costs associated with onshore pipeline projects are likely to increase by between 4% and 6% globally by the end of 2022 against current levels, a Rystad Energy analysis reveals, as prices continue to surge for labor, raw materials and transportation. Materials in particular – which account for 30%-40% of the total cost for a […]
Posted inProducts & Services
AI and robotics will be definitive investment trends of the decade: Study
71% of respondents said AI and associated technologies are trends to watch out for
The Continental Group, a leading insurance intermediary and financial services solutions provider in the GCC region, unveils findings about the major investment trends that will dominate the market in the coming decade. According to the findings, 71% of the respondents agreed that new technology trends such as Artificial Intelligence, Robotics and associated services are the […]
Posted inExploration & Production
Global low carbon hydrogen production capacity to reach 14 mtpa in 2030: GlobalData
The majority of the capacity in the pipeline comes from projects that are still in the feasibility stage and not certain to go ahead
Global capacity for hydrogen production from renewable energy or natural gas with carbon capture could increase by over 20 times reaching 14 million tonnes per annum (mtpa) by 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Hydrogen Transition Outlook and Trends – Q3 2021’, reveals that recent announcements have brought […]
Posted inProducts & Services
10 best practices to reimagine turnaround maintenance
Experts from the Boston Consulting Group map out the steps to improve turnaround maintenance for the heavy manufacturing and processing sectors
While turnaround maintenance can be a expensive, messy affair, it is essential to asset performance. They have rarely been a focus of companies from a cost or value creation perspective. In today’s post-pandemic world, as companies struggle to cope with the new normal, effective turnarounds can be a strong source of cost savings, quality, and […]
Posted inNews
Watch the full Oil & Gas Future Forum
Watch all three panels from the Oil & Gas Future Forum on-demand now. 0:00:00 – Hydrogen on the Horizon Jeffrey McDonald, Hydrogen Pricing Specialist at S&P Global Platts Jeffrey Benoit, Vice President of Strategy, Marketing and Hydrogen Initiatives at PSM 0:40:00 – How HSE will transform following the pandemic Shaun Hannam, EMEA head of HSES […]
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