Corie Allemand, director of oil and gas business development at Stratus Technologies, discusses key technologies in the industry's digital transformation push
In the first of our three-part video series on the role of edge computing in the future of the oil and gas industry, we speak with Corie Allemand, director of oil and gas business development at Stratus Technologies, on the current state of digital transformation, and the technologies that are pushing the oil and gas […]
Read the major takeaways from our HSE panel at the Oil & Gas Future Forum, or watch the full panel on-demand
During Oil & Gas Middle East‘s panel, ‘How HSE will transform post-pandemic’, Shaun Hannam, EMEA head of HSES at McDermott and May Faraj, head of environment and sustainability at WSP in the Middle East discussed how the pandemic impacted their overall HSE strategy, and the future for health and safety. How did the pandemic impact […]
Supply and demand fluctuate for European gas as winter sets in
European gas storage has been struggling to fill this summer. Storage at the beginning of November will be about 75% full, at 83 billion cubic metres (bcm), 14 bcm below the five-year average, rattling the market. A cold European winter could result in storage levels falling to zero by the end of March 2022, unless […]
The North Field expansion projects will increase Qatar's LNG production capacity to 126 million tons per annum by 2027
QatarEnergy has placed the first batch of LNG shipbuilding orders with Korean shipyards, consisting of four vessels from Daewoo Shipbuilding & Marine Engineering (DSME) and two vessels from Samsung Heavy Industries (SHI), as part of QatarEnergy’s shipbuilding programme to meet its future LNG carrier requirements. The orders came in the form of QatarEnergy’s declaration of […]
Find out what the experts said at this year's Oil & Gas Future Forum
There is no doubt that our era will be divided into “pre-COVID” and “post-COVID” periods. But what will the post-COVID energy landscape look like? On 27 October, we gathered experts from across the industry for our second annual Oil & Gas Future Forum, held virtually. Over the course of three discussions, we heard from international […]
Company targets new investments in green hydrogen, sustainable tech solutions, digitalization and nonmetallic materials
Saudi Aramco plans to expand its focus on emerging sectors to drive private sector innovation and investment. During the Future Investment Initiative, it outlined potential projects in green hydrogen, sustainable technology solutions, advanced nonmetallic building materials and digitalization. The company is pursuing investment opportunities in projects that aim to reduce greenhouse gas (GHG) emissions, following […]
Oil prices are falling today on a bearish cocktail of crude storage builds in the US, pressure on OPEC+ to increase production further, a new Covid-19 breakout in China, and the possibility of tighter monetary policies ahead
Oil prices have taken a bearish pivot as the market appreciates a brewing standoff between oil-consumers and OPEC+, a forecasted build in US crude storage, and the resurgence of Covid-19 cases in China. The bearish cocktail of storage builds and pressure on OPEC+ to raise production has slashed value from both Brent and WTI barrels, […]
GRI engagements underline role of transparency in driving action
With the UN Climate Change Conference – COP26 – getting underway in Glasgow next week, GRI is urging all organizations to be open about their impacts on the planet, as transparency is an essential precursor for reaching global solutions to a global problem. GRI, as provider of the common language for companies to communicate their […]
QatarEnergy signed an agreement with ExxonMobil Canada, marking its expansion in North America
QatarEnergy signed an agreement with ExxonMobil Canada to farm into an exploration license offshore the province of Newfoundland and Labrador in Canada. The transaction has received all necessary consents from the Canada- Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). According to the agreement, QatarEnergy will hold a 40% participating interest in license EL 1165A, where […]
Global hydrogen demand could rise by six-fold to 530 Mt in 2050
The time is ripe for the world’s major energy exporters to accelerate the energy transition, and mastering the hydrogen trade could make a difference, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK). The global energy market was worth an eye-watering US$2 trillion in 2020, contributing to more than 9 billion tonnes of carbon dioxide equivalent […]
