In an exclusive interview, Captain Daniel Alcantara, Chief Solutions Delivery Officer at Magellan X, speaks about the importance of worker health and safety, and how digital frameworks using wearable technology can be deployed in the oil and gas and other industries. Oil & Gas Middle East: How can the stagnation of safety results be explained […]
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Saudi Arabia’s energy megaprojects: 3 upcoming developments you need to know about
Saudi Arabia has announced several ambitious plans to launch a wave of megaprojects that are set to transform the country into a global economic powerhouse, as reported by Arabian Business. With investment totaling billions of dollars, the kingdom is embarking on a journey to diversify its economy away from oil, create jobs, and boost its international standing […]
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UAE consortium to build multi-billion dollar desalination project
Together with ADNOC and TAQA, the Orascom Construction-led consortium will develop, own, and operate the plant
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Saudi’s $500 billion futuristic city NEOM unveils stunning photos
NEOM has partnered with Getty Images and Unsplash, the world’s largest providers of visual content, to create and distribute an extensive visual library showcasing its diverse and natural environment and giving the world a sneak peek into what they will discover in the years to come. Last year, NEOM launched its subsidiary company ENOWA, aimed at […]
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An inside look at Saudi Arabia’s push to produce cleaner oil
At the heart of an oil-rich kingdom pumping millions of crude oil per day is an ambitious vision to slash emissions and transition towards clean energy. Interestingly, the kingdom is injecting money in both. Saudi Arabia is transitioning to bridging solutions and shifting towards cleaner gas-burning instead of oil for its energy production, using gas […]
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QatarEnergy partners with Sinopec for $30 billion LNG project
QatarEnergy has announced the signing of a definitive partnership agreement with China Petrochemical Corp (Sinopec) for the North Field East (NFE) expansion project, the largest project in the history of the LNG industry. Qatar is partnering with international companies in the first and largest phase of the nearly $30 billion expansion, which will raise Qatar’s […]
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Opinion: Why the energy sector stands vulnerable
The uncertainty in the current global economy generates a wide range of possible risks that can abruptly alter a firm’s business model and strategy. Events developing in Eastern Europe, shifts in global government leadership, rising inflation, interest rates, constant cyberthreats, competition for talent and specialized skill sets, ongoing disruptions in global supply chains, and quickly […]
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World needs $1 trillion annually for energy transition, expert says
The world needs about $9 trillion of investment annually to tackle climate action and about $1 trillion annually to exert energy transition in many countries, according to Makhtar Diop, managing director of the US-headquartered International Finance Corporation (IFC). Speaking at the World Government Summit 2023 in Dubai, Diop said the aim of the world leaders […]
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Can technology save the Middle East from climate change?
With targeted investment, the Middle East will be able to assume global leadership in a number of climate tech domains
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Turning CO2 into rock? ADNOC announces partners for unique project
ADNOC has announced a partnership with the Fujairah Natural Resources Corp (FNRC), Masdar and 44.01 to pilot technology that permanently mineralises CO2 within rock formations found in the Emirate of Fujairah. The project, which is the first of its kind in the Middle East, is due to commence in January 2023, and will use 44.01’s […]