The debate on renewable energy versus gas power generation is one that’s not going away anytime soon, and for good reasons. As the world becomes increasingly aware of the impact of climate change, the energy sector has been forced to rethink its strategies. The pressure to reduce greenhouse gas emissions has resulted in a shift […]
Middle East
Middle East eyes $120 billion spend to increase gas production
The Middle East is set to spend as much as $120 billion to increase gas production by 14 billion standard cubic feet a day (bcfd) to 86 bcfd by 2030, according to a new report by Wood Mackenzie. The report ‘The Middle East steps on the gas’ shows gas supply growth in the Middle East […]
Middle East’s largest oil and gas discoveries: Everything you need to know
Contrary to popular belief, the first oil well in the Middle East was not discovered in Saudi Arabia. That came later. Oil was first discovered in Persia, now known as Iran, thanks to William Knox D’Arcy, a British national, who had got a 60-year concession from the Iranian government. D’Arcy funded the operation, which started in 1903, […]
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 […]
Shell CEO plans to ‘thrive in partnership’ with Middle East governments
Wael Sawan created history when he took office as Shell’s first CEO of Middle East origin earlier this year. And he wants to leverage his affiliation with the region to strengthen relationships with the Middle East nations. “My vision here is one of continued investment,” Sawan told Oil & Gas Middle East in an exclusive […]
Middle East growth a priority for ChampionX, says regional head
Susan Hart, general manager of Middle East and Africa at ChampionX, discusses the company’s growth strategy in the region and how the Houston, Texas-based company is pursuing opportunities for expansion in existing core markets. Oil & Gas Middle East: Can you discuss ChampionX’s ongoing projects in the Middle East region? Hart: With the ramp-up of […]
Can technology save the Middle East from climate change?
With targeted investment, the Middle East will be able to assume global leadership in a number of climate tech domains
SLB reports nearly $1 billion profit; double digit revenue growth in the Middle East
Oilfield services giant SLB, formerly Schlumberger, has reported strong quarterly profits with increase in revenue across all divisions and geographical areas, especially in the Middle East. The company reported net profits of $1.07 billion in the fourth quarter of 2022, up 77% from a net income of $601 million in the same period a year […]
ADIPEC: ADNOC intensifies methane reduction; sets lowest targets in the Middle East
New methane target reinforces ADNOC’s support for UAE’s Global Methane Pledge
KCA Deutag secures $112 million contract extensions
The contracts are primarily related to land rigs in Saudi Arabia and Oman