ADNOC Drilling Co announced today that it has signed an agreement to acquire an additional two premium offshore jack-up drilling rigs. The acquisition is the fourth of its kind in recent months. In August, ADNOC Drilling purchased a premium offshore jack-up drilling unit for $70 million. The two new rigs have a combined cost of […]
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ADNOC secures agreements with Germany for LNG and diesel supply
The deal is part of a wider energy security and industry accelerator agreement between UAE and Germany to accelerate projects of joint interest in energy security, decarbonisation and climate action
QatarEnergy partners with TotalEnergies for massive North Field South expansion project
The North Field South project comprises two LNG mega trains with a combined capacity of 16 million tonnes per annum
Saudi National Day: How high energy prices led Saudi Arabia to become the world’s fastest growing economy
On the occasion of Saudi Arabia’s 92nd National Day, we take a look at how the Kingdom is reaping the rewards of high global energy prices with a strong focus on increased energy production
‘Recipe for disaster’: Al Jaber highlights dangers of fossil fuel underinvestment
“If we under-invest in the energy system of today before the energy system of tomorrow is ready, we will only make matters worse,” ADNOC CEO Al Jaber said.
Saudi Aramco awards $40 million steel pipes contract
Saudi Steel Pipe expects to see financial impact from its new order in the second and third quarters of 2023
QatarEnergy, GE to develop carbon capture roadmap
QatarEnergy said on Sept. 21 that it has signed a Memorandum of Understanding (MoU) with General Electric (GE) to collaborate on developing a carbon capture roadmap for the energy sector in Qatar. The roadmap includes the development of carbon capture and sequestration, the utilization of hydrogen, and the potential usage of ammonia in GE gas […]
Schlumberger, Saudi Aramco to collaborate on digital sustainability solutions
The platform will enable companies to verify their emissions, while also evaluating decarbonisation pathways
Schlumberger and Saudi Aramco have announced plans to jointly develop a digital platform that will provide sustainability solutions for hard-to-abate industrial sectors. The platform will enable companies in industries such as oil and gas, chemicals, utilities, cement and steel to collect, measure, report and verify their emissions, while also evaluating decarbonisation pathways. Customers will be […]
Enoc announces 50% Emiratisation of workforce
The group has already achieved 100% Emiratisation at executive management
Aramco CEO calls Europe’s energy crisis plans a ‘short-term solution’
“Freezing or capping energy bills might help consumers in the short term, but it does not address the real causes and is not the long-term solution,” Nasser said