Mike Sutherland talks about the company’s 50+ years of relationship with the UAE, and his strategic priorities as the newly-appointed senior vice president for Offshore Middle East at McDermott International
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Saudi Arabia to build world’s largest airport powered by renewable energy
Saudi Arabia is set to build one of the world’s largest airports that will be powered by renewable energy, according to Crown Prince Mohammed bin Salman bin Abdulaziz. The King Salman International Airport, located in Riyadh is expected to contribute $7.18 billion annually to Saudi Arabia’s non-oil gross domestic product. With sustainability at its core, […]
Exclusive: Saipem to continue bidding for engineering and construction projects, CEO says
Despite increasing EPC activity, addressing climate issues remains a key concern, Saipem’s CEO Alessandro Puliti said.
Transformation of carbon-reduction solutions for oil and gas
With growing pressure to address corporate sustainability, new solutions are needed to find emission sources and reduce carbon footprint of oil and gas operations. In an exclusive interview with Oil & Gas Middle East, Peter Harding, founder and CEO of Kelvin, a control software company delivering industrial intelligence, discussed Kelvin Maps, a solution for measuring, […]
ADIPEC reports $8.2 billion in deals, record attendees
ADIPEC saw a record global attendance of more than 160,000 attendees from 164 countries
Saipem secures $800 million new drilling contracts in the Middle East region
Long-term awards in the Middle East confirm Saipem’s strategy towards a key area for its business
Saudi Aramco to develop carbon capture facility in Jubail
The hub will potentially store up to 9 million tonnes of CO2 a year by 2027
APICORP to set up $75 million Islamic facility for carbon offsets
Debut Islamic transaction will fund high-quality carbon offsets to support the global energy transition
Top 5 oil and gas contracts in the Middle East: October 2022
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
Transforming the energy industry through data and scale
The energy industry is in a state of flux. While overall energy demand continues to rise, there is a global shift towards low carbon sources and for energy security. The US Energy Information Administration (EIA) estimates that global energy consumption will increase nearly 50% over the next 30 years. While petroleum and other liquid fuels […]