At the heart of an oil-rich kingdom pumping millions of crude oil per day is an ambitious vision to slash emissions and transition towards clean energy. Interestingly, the kingdom is injecting money in both. Saudi Arabia is transitioning to bridging solutions and shifting towards cleaner gas-burning instead of oil for its energy production, using gas […]
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Abu Dhabi to build Middle East’s first electric aircraft facility
Abu Dhabi-based manufacturer Monarch Holding and Chinese company EHang Holdings have signed an agreement to establish the first facility in the Middle East and North Africa to manufacture and operate sustainable, electric-powered aircraft and drones for passengers and cargo transportation in Abu Dhabi. The announcement is in line with Abu Dhabi Industrial Strategy’s initiatives, including […]
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Samsung Engineering posts $1.9 billion record revenue amid stable overseas contracts
Samsung Engineering, one of the world’s leading engineering, procurement, construction, and project management companies announced today that it recorded $1.9 billion revenue in the first quarter of 2023. The company claims that it continued to create solid results based on stable performance, such as in major overseas projects in Mexico, Malaysia, and Saudi Arabia, but also simultaneously […]
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Gault&Millau UAE Gala Awards 2023 set to celebrate the best
The Gault&Millau gala awards will take place at Burj Al Arab on Thursday, April 27. The Gault&Millau awards will cover 12 categories, including a new one, “Champagne Offering of the Year.” The event will also reveal the ratings of the 134 restaurants that made it onto the 2023 guide. The awards will have 12 categories, recognising excellence […]
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Unlocking the power of digital twins: A game-changer for oil and gas production
Digital twins are changing the game for the industry, providing a complete 360-degree replica of physical assets and enabling companies to optimise their operations and improve asset availability
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Inside Kuwait’s $10 billion Al-Zour petrochemicals complex project
Kuwait Integrated Petrochemical Industries Co (KIPIC), a subsidiary of Kuwait Petroleum Corp, plans to develop a facility that will be integrated with the adjacent Al-Zour refinery and will add a gasoline block, an aromatics block, an olefins conversion technology unit, polypropylene units, and associated utility and offsite facilities to the existing site to produce nearly […]
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Saudi jobs: Aramco launches new hiring platform for freelancers
Saudi Aramco and the Future Work Business Services Company have announced the launch of the Human Resources Platform on Demand called Madd in a bid to enable independent workers and trained professionals to access job opportunities with large companies and entities. The platform aims to contribute to building a sustainable economic system by linking Saudi […]
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A carbon-neutral future for oil and gas is now achievable
Hydrocarbon producers face mounting pressure to become climate resilient, reduce carbon emissions, and focus on revenue streams from renewables. To alleviate this pressure, power generation organisations need to embrace renewable alternatives, and while some companies have become early adopters, many operators are looking at substantial changes to their business models to accommodate the transition. Oil […]
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Technip Energies COO reveals major projects, trends in the Middle East
In an exclusive interview with Oil & Gas Middle East, Marco Villa, COO of Technip Energies, discusses the company’s key projects, role of technology to address decarbonisation, and the need for collaboration to accelerate the energy transition. What are Technip Energies’ ongoing projects and what’s in the pipeline? We have a long-standing presence in the […]
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Petrofac, Aveva sign digitalisation deal
Petrofac has signed an agreement with Aveva under which the companies will cooperate towards digital transformation of the end-to-end supply chain system process for the energy industry. The supply chain system process will include engineering cataloging, procurement, site material control and construction planning, Aveva said in a statement. Under the agreement, Aveva’s sustainable engineering solutions […]