Traffic fell even though production facilities and moveable offshore drilling units only experienced limited disruptions
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ADNOC awards $519 million contract expanding world’s largest 3D seismic survey
This contract increases the scope of the ongoing seismic mega survey to capture coastal areas, islands, and shallow water
PDO completes third phase of digital transformation strategy
This stage of the project included giving PDO’s maintenance and operations teams direct access to the digital twin across the complete business lifecycle
SPC approves ADNOC’s $122 billion capex for 2021-2025
ADNOC is aiming to drive $43.6 billion back into the UAE economy in that time
Abu Dhabi discovers new unconventional onshore oil resources
The SPC announced the discovery of 22 billion stock tank barrels’ worth of recoverable unconventional oil resources onshore
Global E&P players may invest $380 billion in 2021, but about 20% is at risk
$76 billion of estimated 2021 investments could be at risk of deferral or reduction
Global discovered oil and gas resources set to reach 10 billion boe in 2020
Rystad Energy writes that 73 discoveries were made as of October 2020, split evenly offshore and onshore
GCC upstream carbon emissions could increase 30% by 2030 if steps are not taken
GCC oil and gas players have started to move in the right direction towards a cleaner future and must continue their efforts to decarbonize their operations
Exclusive Q&A: How R&D fuels Saudi Aramco’s growth strategy
Ashraf Al Tahini, he head of Saudi Aramco’s upstream research and development unit EXPEC ARC, talks about the company’s strong push into technological research, its role in bolstering resilience during a crisis like the pandemic, and the future for upstream research
Middle East Energy Awards 2020 shortlist revealed
Join us on 14 December for this year’s virtual edition of the Middle East Energy Awards