Posted inEnergy Transition

How the oil and gas industry can turn climate-change ambition into action

As the stewards of GCC economies, NOCs have a great responsibility to help turn climate change ambitions set by governments into action

National oil companies (NOCs) in the GCC have started to articulate ambitious plans to reduce the greenhouse-gas (GHG) emissions from their operations, which are also part of national agendas against climate change. These goals are challenging, and require NOCs to turn these ambitions into actions. At the same time, NOCs must manage perceptional and commercial […]

Posted inProducts & Services

Tech-enabled asset management holds key for oil & gas upstream industry

Even though this involves  some risk, tech-savvy businesses understand that today's investment can shower massive returns in the future

The upstream oil & gas industry is investing heavily in search for new reserves or resource plays, new extraction technologies, and advancements in operational automation. Even though this involves  some risk, tech-savvy businesses understand that today’s investment can shower massive returns in the future. Regardless of the asset type, the need of the hour is […]

Posted inNews

LNG binding producers-consumers together in abruptly changing energy landscape

It is estimated that 90% of emissions along the LNG supply chain can be mitigated with current technologies

The unique flexibility of liquefied natural gas (LNG) to deliver natural gas to all corners of the world is saving the day for both producers and consumers in the face of shortages of other energy sources, Secretary General of the Gas Exporting Countries Forum (GECF) said at the 10th edition of the LNG Producer-Consumer Conference. […]

Posted inNews

PIF to transform major offshore oil rig into tourism and entertainment centre

The Public Investment Fund will host three hotels and many entertainment facilities on the former drilling platform

Saudi Arabia’s Public Investment Fund plans to launch The Rig, an entertainment and tourism project set on an offshore rig. The project will be located on the Arabian Gulf, spanning a total area of more than 150,000 square metres. It will include three hotels, world-class restaurants, helipads, and a range of extreme sports and aquatic […]

Posted inEnergy Transition

Natural gas is the answer to energy crunch and transition

Yury Sentyurin, Secretary General of the GECF, commented on the role of gas in the energy transition at the Russian Energy Week

The current energy crunch around the world and the intensifying climate change debate serve to highlight the serious need to embed natural gas as part of a long-term solution to energy market stability and transition, HE Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF) said at the Russian Energy Week (REW). On […]

Posted inProducts & Services

China to witness significant midstream project starts in Asia by 2025

Liquids storage projects would constitute around 29% of all midstream projects’ starts in China during the period 2021 to 2025

China is expected to commence the operations of 70 midstream oil and gas projects from 2021 to 2025, accounting for about 21% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – […]

Posted inProducts & Services

Last chance: Join our free webinar to learn about the rising risk of Shadow OT

Join us today at 12PM GST for a free webinar on the hidden cybersecurity risks of Shadow OT

As operational technology and internet technology become increasingly entwined, oil and gas companies must prepare for the risks presented by Shadow OT–operational technology that can expose oil and gas companies to cybersecurity risks and cause major production and safety issue. Join us today at 12PM Dubai time for a free webinar combining industry expertise to […]

Posted inProducts & Services

Halliburton Introduces iStarâ„¢ intelligent drilling and logging platform

New generation of services provides enhanced subsurface insight, superior drilling performance, and consistent well delivery

Halliburton Company today released the iStarâ„¢ Intelligent Drilling and Logging Platform, a comprehensive measurement platform comprising multiple services for greater control of drilling and logging operations. The platform’s digital architecture supports automation, machine learning, and artificial intelligence for reservoir evaluation, faster drilling, and consistent well delivery. The iStar platform acquires high-definition measurements closer to the […]

Posted inEnergy Transition

Green hydrogen to drive Latin America and Caribbean green energy agenda

The region is well-positioned for a green hydrogen boom

The Latin America and the Caribbean (LAC) region is well positioned to participate in the burgeoning hydrogen market, which will play an important role in the coming decades in the global transition to greener energy, according to GlobaData, a leading data and analytics company. GlobalData’s latest report, ‘Latin America and the Caribbean Hydrogen Market’, notes […]

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