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Posted inPeople

Gender parity is a top priority for the region’s oil and gas industry

by Shelly Trench, Managing Director & Partner at Boston Consulting Group

Despite various diversity and inclusion initiatives being introduced, women accounted for only 22 percent of the workforce as recently as 2019

As industries look ahead, select priorities require urgent attention before opportunities can be pursued and sustainable future potential to be realized. For oil and gas players, among the most pressing is ensuring a gender parity culture is synonymous with their organization. While the necessary platforms have been provided for men to pursue career development aspirations […]

Posted inProducts & Services

Decarbonisation has the power to change shipping for the better

by Carla Sertin

Companies are looking for ways to reduce indirect emissions

Decarbonisation is a massive opportunity for shipping to reclaim its proper value and regain a positive world status, according to maritime lawyer Rachel Hoyland, a senior associate with Hill Dickinson with a specialist interest in environmental matters. In the London Talks series of video reports, Hoyland said: “Shipping has ceased to be celebrated for carrying […]

Posted inPeople

Petrofac appoints Oman country manager

by Carla Sertin

Al Jahwari was most recently Shell’s General Manager of Operations in Egypt

Petrofac has appointed Dr Khalid Al Jahwari as Country Manager, Oman. Al Jahwari was most recently Shell’s General Manager of Operations in Egypt, having previously been Shell’s Global Production Excellence Leader, based in The Hague, Netherlands. Prior to Shell, he spent 15 years with Petroleum Development Oman (PDO), holding a number of key roles. He […]

Posted inEnergy Transition

Siemens Energy to support Egypt’s green hydrogen industry

by Carla Sertin

The company plans to explore hydrogen production, storage, transportation and trading, and expanding its renewable energy sector

Siemens Energy has signed a memorandum of understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company (EEHC), at […]

Posted inEnergy Transition

Oil price windfall a ‘golden opportunity’ to speed up sector’s decarbonisation

by Carla Sertin

Industry must collaborate to cut emissions and transform corporate landscape

Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, global natural resources consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK) said in a report released today. Stakeholders are demanding greater accountability for carbon emissions along the value chain. Net zero Scope 1 and 2 emissions by 2050 are now the industry […]

Posted inEnergy Transition

How LNG will recover after COVID-19

by Galia Fazeliyanova, Energy Economics Analyst, GECF

LNG might be the last great opportunity in the oil and gas industry

The global economy is cautiously walking away from the shadow of the unprecedented challenge of the COVID-19 pandemic. The GECF is observing a reset of the world energy outlook for the longer term and is finding it imperative to take part in the imminent and accelerated energy transition towards a less carbon-intensive energy mix, which […]

Posted inPeople

7 step guide to transforming oil and gas sector communications

by Carla Sertin

Leaders in the oil and gas sector need to adopt climate-focused principles into their business models and better organise their messaging

The collapse in demand due to Covid-19 restrictions on travel and the global decline in economic activity had a significant impact on the oil and gas industry.  However, according to the Oil and Gas Global Market Report 2021: COVID 19 Impact and Recovery to 2030, the global oil and gas market is expected to grow […]

Posted inExploration & Production

Wood secures 30 hydrogen awards in H1 2021

by Carla Sertin

The contract awards span green, blue and bio-hydrogen projects

Wood, the global consulting and engineering company, has secured over 30 separate hydrogen awards in the first half of 2021.  The company anticipates continued growth in this space, with circa $600m worth of potential hydrogen projects coming to market in the medium term.   The contract awards span green, blue and bio-hydrogen projects and further strengthen […]

Posted inThe Middle East Energy Awards, Events

Nominate yourself for the Middle East Energy Awards now!

by Carla Sertin

The Middle East Energy Awards will return on 24 November in the UAE, and nominations are now officially open. The awards brings together industry leaders from across the energy sector to recognise excellence in the past year.Covering the upstream, downstream and utilities sector, including renewables, the awards include a wide range of categories to ensure […]