Author Archives: Matthew Amlot
Posted inNews, Products & Services

US authorities warn energy companies of cyberattacks amid persistent threats

by Staff writer

The warning was issued to all critical infrastructure organisations, but in particular to the energy sector

US government agencies came together earlier this week to warn that state-sponsored cyber-attacks on critical infrastructure remains a serious threat, highlighting that some hackers have developed malware allowing them to gain full system access. The advisory was issued by the Department of Energy (DOE), the Cybersecurity and Infrastructure Security Agency (CISA), the National Security Agency […]

Posted inNews

Eni, EGAS to work on increasing Egypt’s gas production, supply

by Staff writer

The agreement was signed by the Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo

Eni and EGAS announced Wednesday a new agreement aimed at increasing gas production and liquefied natural gas exports. The agreement, signed by the Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo, will focus on promoting the export of Egyptian gas to Europe, specifically to Italy, “in the […]

Posted inNews, Exploration & Production

OPEC slashes 2022 oil demand growth forecast by 480,000 bpd

by Tsvetana Paraskova

In its closely watched Monthly Oil Market Report (MOMR), the group now sees global oil demand growth this year at 3.67 million bpd

OPEC slashed on Tuesday its oil demand growth estimate for 2022 by nearly 500,000 barrels per day (bpd) on the back of lower expected global economic growth with the Russian war in Ukraine and the return of COVID lockdowns in China. In its closely watched Monthly Oil Market Report (MOMR), the group now sees global […]

Posted inNews, Exploration & Production

Russian crude sanctions could be “catastrophic” for Europe’s diesel supply: Expert

by Staff writer

Sanctions will hit consumers hardest

New sanctions over Russia’s invasion of Ukraine could be “catastrophic” for European products unless imports can be found from new refineries, an expert said Wednesday. Banning oil and product flows from Russia to Europe would create a seismic shock, with more than 55% of European imports of diesel and gasoil coming from Russia,” Rystad Energy’s […]

Posted inPeople

The oil and gas industry must act to turn climate-change ambition into action

by James Thomas, Partner, and Aditya Harneja, Principal, Strategy& Middle East, part of the PwC network

Rising to the challenge of climate change needs to be part the energy industry’s strategy through this year and beyond

One of the most significant trends of 2022 will be how the oil and gas industry acts against climate change. Already, international and national oil companies (IOCs and NOCs) around the world have ambitious plans to reduce the greenhouse-gas (GHG) emissions from their operations—part of national agendas against climate change. The challenge is now to […]

Posted inPeople, News

The Middle East’s inherent energy transition advantage

by Matthew Amlot

Oil & Gas Middle East caught up with Siemens Energy’s Head of New Energy Business MEA, Manuel Kuehn, for a discussion on where the Middle East stands as a hub for the energy transition

Is the energy industry doing enough to embrace sustainability and the energy transition? I think the energy industry is doing a lot, whether it’s going to be enough, other people will evaluate sooner or later, and we will see if we achieve our climate goals or not, but what I see is an incredible momentum […]

Posted inNews

Standing on the precipice

by Matthew Amlot

Oil & Gas Middle East reconvenes its hydrogen thinktank to discuss how adoption of the future fuel is progressing and the Middle East’s role in helping drive the energy transition

Navigating the energy transition and the changing demands of the energy mix have been hot button topics within the oil and gas industry. Numerous solutions have been suggested as to how the world can reduce its reliance on hydrocarbons and help mitigate climate change and, of these, hydrogen has emerged as a serious contender as […]

Posted inNews, Exploration & Production

Developing the future of gas

by Matthew Amlot

Neil Gunnion, Country Head and Vice President, Operations, Qatar at McDermott speaks exclusively with Oil & Gas Middle East following the announcement that his firm will be responsible for the offshore scope of Qatar’s giant North Field Expansion Project

McDermott was awarded a major engineering, procurement, construction, and installation (EPCI) contract by Qatargas in January 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 annum. LNG is […]

Posted inNews

The Middle East’s inherent energy transition advantage

by Staff writer

Oil & Gas Middle East caught up with Siemens Energy’s Head of New Energy Business MEA, Manuel Kuehn, for a discussion on where the Middle East stands as a hub for the energy transition

Is the energy industry doing enough to embrace sustainability and the energy transition? I think the energy industry is doing a lot, whether it’s going to be enough, other people will evaluate sooner or later, and we will see if we achieve our climate goals or not, but what I see is an incredible momentum […]

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