Series B funding closed at US$45M with the support of the Government of Québec through Investissement Québec, OGCI Climate Investments and Space Capital
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Significant capacity for CCUS needed to achieve net-zero emission targets
In comparison to the total emissions level, CCUS capacity is relatively insignificant and requires a collective effort from global government and industry leaders
Next commodities supercycle will be driven by global energy transition: WoodMac
China’s dominance of renewables value chains will be key
Dana Gas’s KRI and Egypt collections more than doubled in H1 2021
Collections reach $185 million (AED 678mm) in first six months of 2021
Middle East to lead global gas processing capacity growth through 2025
The Middle East will account for around 37% of global gas processing capacity growth by 2025
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ADNOC invests more than $750 million in drilling services
The three contracts are for integrated rigless services across six artificial island in the Upper Zakum and Satah Al Razboot
Marsh launches Saudi Arabia Engineering Hub
Nick Holland appointed as Engineering Hub Leader, Saudi Arabia
High prices tempt US shale but tapping OPEC+ inaction would take months
While US shale could try to take advantage of the OPEC+ deadlock, its monthly output is not expected to match the record achieved in 2019
High prices tempt US shale but tapping OPEC+ inaction would take months
While US shale could try to take advantage of the OPEC+ deadlock, its monthly output is not expected to match the record achieved in 2019