With several regions experiencing blazing heatwaves, the IEA expects increased oil burn in power generation, especially in Europe and the Middle East
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McDermott secures FEED contract for Qatar’s largest offshore oil field
The scope of the contract comprises developing FEED studies for offshore and onshore pipelines, cables, and associated facilities.
Big Oil, US shale companies report bumper second-quarter profits
Soaring energy prices and strong demand recovery has boosted Big Oil’s profits, which have exceeded estimates
North Field East project: QatarEnergy’s strategic agreements with global oil and gas companies
Once completed, the North Field expansion project will make Qatar the leading exporter of liquefied natural gas in the world
BCG report: The future of operating models for oil and gas companies
National oil companies must look towards new operating model for a decarbonised future, says global consultancy BCG
NOC awards Qatar’s largest offshore oil field FEED contract to McDermott
The scope of the contract awarded by NOC comprises developing FEED studies and deliverables suitable for an EPCIC project
How can AI help decarbonise oil & gas?
KAUST in Saudi Arabia is working on custom AI algorithms for process control and optimisation, which will eventually help oil and gas firms with green hydrogen generation
Mubadala Petroleum reaches massive milestone of 500,000 barrels of oil equivalent a day
Mubadala Petroleum jumped to a 22% increase in production – compared to 2021.
Oil Plus wins $450,000 water-related projects in Qatar
Oil Plus will deliver a pre-FEED oil and water analysis for Qatar Energy, and a water injection study and systems optimisation review for NOC
Adnoc finds new oil at Bu Hasa, Onshore Block 3 and Al Dhafra fields
The 500 million barrels of oil discovered from the exploration well in the Bu Hasa field has unlocked a new formation within the field, offering substantial additional premium-grade Murban oil resources