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Posted inProducts & Services

Eyeing growth in the Kingdom

by Matthew Amlot

Oil & Gas Middle East spoke with Firas Soussan, Senior Director, Operations, Saudi Arabia at McDermott, on the expansion of his company’s operations in Saudi Arabia

Talk to me about the nature of McDermott’s Saudi operations. McDermott’s Saudi Offshore operations were established in 1964. Our storage business, CB&I, was established even earlier, in 1925, and our onshore operations began in 1985. Today, we stand as the premier provider of offshore EPCI services in the country. Our long history in the Kingdom […]

Posted inNews, Products & Services

Motive Offshore, Hiretech to bring decommissioning technology to Middle East

by Staff writer

The two firms will bring additional in-market offshore services support in the region

Marine and lifting equipment specialists Motive Offshore Group and subsea and decommissioning equipment rental specialists Hiretech Limited have announced that they will bring new technology to the Middle East. Motive, using its UAE hub and existing catalogue of subsea marine and lifting equipment services, will partner with Hiretech’s rental fleet of decommissioning and subsea technology […]

Posted inNews

ADNOC acquires 25% stake in Borealis from Mubadala

by Staff writer

The purchase will help ADNOC position itself as a global petrochemical player, the company said

Abu Dhabi National Oil Company (ADNOC) announced Friday that it would be acquiring a 25% stake in European petrochemical firm Borealis AG from the Mubadala Investment Company. The financial details of the transaction were not disclosed. Upon completion of the transaction, which is subject to customary closing conditions and regulatory approvals, Borealis will be owned […]

Posted inProducts & Services

Reimagine project execution in Digital Twin environment

by Abdullah Al-Halafi, Yousef Al-Ghamdi, Bandar Al-Yousef, Wassim Ghadban

Digital Twin is becoming the new norm for engineering and construction to reduce cost of capital projects.

To deliver tomorrow’s energy more sustainably, efficiently and safely, to maximise income, facilitate the sustainable and diversified expansion of the Kingdom’s economy, and to enable a globally competitive and vibrant Saudi energy sector, Saudi Aramco realised the needs for digital transformation. As part of Aramco’s initiative for digital intelligence strategy and transformation of all project […]

Posted inNews, Products & Services

Automation technology simplifies drilling for improved efficiency

by Ram Murthi

Upgrades to onshore rigs are enabling streamlined operations to deliver better economics and establish safer conditions for oilfield workers

The oil and gas industry is always looking for ways to improve operations and reduce risks, a goal that has led to investment in process automation. One of the most promising areas for improvement is in drilling operations, and Nabors has taken up the challenge with the development of an advanced rig operating system that […]

Posted inNews, Exploration, Exploration & Production

UK-based Searcher announces partnership with Oman Energy Ministry

by Staff writer

The agreement will see Searcher acquire several new seismic surveys and reprocess legacy seismic data both offshore and onshore in Oman.

Searcher, a UK-based data and service provider, announced Wednesday that it had entered into a partnership with Ministry of Energy and Minerals of Oman. The agreement will see Searcher acquire several new seismic surveys and reprocess legacy seismic data both offshore and onshore in Oman. “We are delighted to announce our strategic partnership with the […]

Posted inNews

Saudi Arabia looks to position NEOM as a hydrogen leader

by Alan Mammoser

Discussions occurred at the World Hydrogen MENA conference, held in Dubai last month. It brought together more than 200 attendees for two days of panels and networking

At the first-ever conference devoted exclusively to carbon-free hydrogen in the Middle East and North Africa (MENA), participants looked in depth at the technical and financial complexities of getting major projects off the ground. They covered projects announced by various consortiums worldwide, all in early-stage development. An exception appeared in Saudi Arabia’s $5bn hydrogen-based ammonia […]