KAUST in Saudi Arabia is working on custom AI algorithms for process control and optimisation, which will eventually help oil and gas firms with green hydrogen generation
ANALYSIS
Posted inNews
O&G industry’s M&A deal activity declined by 41% in terms of value in Q1 2022
GlobalData report noted that the decline was observed across most regions except China, where the M&A deal value in Q1 2022 more than doubled compared to Q4 2021
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Posted inEnergy Transition
UAE focus: Perfecting the energy mix on the road to net zero
Angitha Pradeep analyses the UAE’s role as a global player in the hydrocarbon, renewable, and nuclear sectors as the current economic and geopolitical setting impacts its diversification strategies
Posted inPeople
Fossil fuels are clean hydrogen’s ally
Perhaps it sounds like an unlikely match: fossil fuel experts helping drive the growth of clean hydrogen, a market some call the “new oil of the 21st century.” But alliances actually make sense.
The Middle East’s crown as the world’s historical epicenter of fossil fuels – notably gas and oil – was hard won through decades of building expertise in infrastructure, trade, and talent. Now, in the global push for a greener future, all this knowledge is transferable to the very infant market of clean hydrogen. Fossil fuel […]
Posted inNews
Examining the Middle East as a hydrogen hub
Oil & Gas Middle East’s first hydrogen thinktank series discussed the challenges ahead for hydrogen adoption, including difficulties in categorisation and the competition between blue and green hydrogen
Climate change and the energy transition have been top of the agenda for the energy industry, with discussions at the COP26 summit in Glasgow, and ADIPEC 2021 focusing heavily on how to move to a lower carbon future. A recurring topic in these discussions has been hydrogen, be it green, blue, or any of the […]
Posted inNews, Products & Services
HSE must be driven by people, not milestones
During the Oil & Gas Future Forum, Shaun Hannam, EMEA head of HSES at McDermott commented on the company's HSE focus areas in the future, and how the sector and its KPIs must transform
How have your priorities shifted due to the pandemic? On the human side of HSE, we are capitalising on the visibility of our leadership and they appreciate the power of close interaction with people across the company, of being active, and of simply listening to employees. That is something we have maintained, and we have […]
Posted inExploration & Production, DRILLING & PRODUCTION
Oil prices lightly fluctuate but bullish environment persists
Even though oil prices are trading slightly lower today, the overall market environment is bullish and a US crude storage draw confirmation could again tilt the scale towards gains
Even though oil prices are losing a few cents to the dollar today, the overall sentiment has lifted since yesterday and the market should see the forest for the trees, as overall market conditions remain bullish and – under the current oil supply status quo – oil valuation is on track for further ascent. If […]
Posted inExploration & Production, DRILLING & PRODUCTION
Gas market at an unstable equilibrium, waiting for supply hints
This week gas prices are at an unstable equilibrium, with traders waiting for further supply hints and watching Russia-Europe flows with bated breath
In Europe, the resumption of Russian gas flows to Germany at Mallnow and small injections into German storage at Rehden have calmed traders nerves and prices after a week of volatility. On the other hand, temperatures over the next few weeks are forecast to trend at or below normal through most of North West Europe. […]
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