The truck was developed by French manufacturer Gaussin
The first hydrogen-fuelled racing truck was introduced to the Dakar Rally on Saturday. The truck is sponsored by Saudi Arabian energy giant Aramco and developed by French manufacturer Gaussin. “This is a milestone in the development of hydrogen as a lower-carbon fuel and the first time a hydrogen truck has entered the Dakar Rally,” Ahmad […]
The contract’s scope includes 13 normally unmanned wellhead platforms topsides, as well as pipelines, beach valve stations and buildings
QatarEnergy announced Monday that it had awarded a major engineering, procurement, construction, and installation contract to McDermott Middle East for the offshore scope of its North Field Expansion Project. The North Field Expansion Project will increase Qatar’s liquefied natural gas (LNG) production capacity significantly, from 77 million tons per annum to 126 million tons per […]
The announcement comes as Aramco pursues several business digitalisation programmes
Saudi Arabian energy giant Aramco and Saudi-based Advanced Electronic Company (AEC) announced late last week that they had signed a memorandum of understanding (MoU) to help promote the localisation of digital businesses in the Kingdom. AEC, a Saudi Arabian Military Industries (SAMI) company, and Aramco said that the MoU would support efforts to enable the […]
Corie Allemand, director of oil and gas business development at Stratus Technologies, discusses how technology is a key tool for the energy industry to grow
In the second of our three-part video series on the role of edge computing in the future of the oil and gas industry, we speak with Corie Allemand, director of oil and gas business development at Stratus Technologies, on the sidelines of ADIPEC 2021.
The world’s capacity to generate renewable electricity is accelerating, according to the IEA
With stronger policies linked to climate change, renewables are now being deployed at record levels, with the world’s capacity to generate electricity from renewable sources, such as solar panels and wind turbines, set to accelerate over the coming years, the IEA said in a report. The report, titled Renewables 2021, found that the number of […]
Expenditure will leap to a predicted $83.4 billion in 2022, up from an expected $69.8 billion this year
US shale expenditure is set to surge nearly 20 percent next year as the industry recovers from the unprecedented volatility caused by the Covid-19 pandemic. Expenditure will leap to a predicted $83.4 billion in 2022, up from an expected $69.8 billion this year, a 19.4 percent increase, according to energy research firm Rystad Energy. This […]
The policy represents an effective way to reduce emissions, while paying for itself in revenues gained, PwC finds
Sustainability, reducing greenhouse gas emissions, and the energy transition have been hot button issues for the oil and gas industry as the sector looks to build back from the COVID-19 pandemic. Policy makers around the world have been examining methods to encourage companies to reduce carbon emissions. Among these, instituting carbon pricing, a term referring […]
Liquids have dominated total finds, representing 66 percent of the total. The monthly average of discovered volumes as of November stands at 424 million boe.
Global oil and gas discoveries in 2021 will hit the lowest full-year level in 75 years if no major finds are uncovered in the remainder of December, Rystad Energy said. By the end of November 2021, the industry had discovered volumes of 4.7 billion barrels of oil equivalent (boe) in the year, if no major […]
The agreement was signed in concert with Shell’s partners OQ and Marsa Liqueifed Natural Gas, a joint venture between Total Energies and OQ
Shell Integrated Gas Oman, a subsidiary of Royal Dutch Shell, signed a concession agreement with the Oman Ministry of Energy and Minerals to develop and produce natural gas from block 10 in Oman, the firm announced Tuesday. The agreement was signed in concert with Shell’s partners OQ and Marsa Liqueifed Natural Gas, a joint venture […]
WEG Middle East has celebrated many successes in the last three years alone, following the appointment of Raphael Torrano as managing director
Following a series of wins, motor and drive manufacturer, WEG continues to be a notable presence in the Middle East and plans to further expand. Among its accomplishments, WEG has recently been awarded the contract to supply specialist electric motors and drives for the pumps at the Ras Markaz Oil Park Project in Oman as […]
