Industry Trends
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
Decarbonisation in the oilfield
Alternative power sources are anticipated to increase steadily in the next decade or two, while the electrification of the oil field continues to grow with the use of fuel cells, electric motors, and other technologies, such as batteries
‘Strong pipeline of projects’: Halliburton’s MENA head discusses continued growth in the Middle East
Lance Loeffler, SVP of Halliburton’s MENA region, says the company has “a direct line of sight to substantial activity growth and a strong pipeline of projects” in the Middle East
OPEC members reaffirm output cuts were unanimously agreed upon after US accuses Saudi Arabia of coercion
OPEC+ members issued statements early on Monday to defy US claims that “more than one” OPEC member had felt coerced by Saudi Arabia into the vote
Top 5 oil and gas contracts in the Middle East: September 2022
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region