Energy Vault, a creator of renewable energy storage products, announced new investment from Saudi Aramco Energy Ventures (SAEV), the strategic technology venturing program of Aramco
Products & Services
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US recovers most of ransom from Colonial pipeline attack: Justice department
$2.3 million of the total ransom has been recovered in the form of 63.7 bitcoins
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ADNOC awards blue ammonia contract to Wood
Wood wins pre-FEED work for TA’ZIZ development
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Middle East’s first carbon-neutral LNG to be shipped from Oman
Oman LNG has signed an agreement with Shell to deliver the sultanate’s first carbon-neutral LNG cargo, the company announced in a series of tweets June 8.
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Stena Drilling acquires 30% stake in digital offshore lifting technology company Intebloc
The announcement follows Stena Drilling’s early adoption of Intebloc’s Rig-Ware solution, used for managing and tracking lifting equipment
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Pipeline specialist STATS Group bolster Qatar base
STATS Group supplies pipeline isolation and intervention equipment to major Qatari operators
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China to lead global LNG regasification capacity additions by 2025
China is expected to contribute 27% of the total LNG regasification capacity additions in the period
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McDermott brings its derrick barges to the region with GCC-focused strategy
McDermott comments on having four of its derrick barges in the region at the same time, and its plans for growth in the region
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Drilling operations: A new service model for a new era?
The prevailing uncertainties of the global market mean drilling companies are having to make careful judgment calls on the extent to which they keep their assets primed for work
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Electric vehicle boom to trigger spending of $560 billion to build Li-ion battery factories this decade
This decade’s spending to meet demand will mean the Li-ion battery manufactory industry will raise cumulative historical investments in the sector to about $690 billion by 2030