The truck was developed by French manufacturer Gaussin
The first hydrogen-fuelled racing truck was introduced to the Dakar Rally on Saturday. The truck is sponsored by Saudi Arabian energy giant Aramco and developed by French manufacturer Gaussin. “This is a milestone in the development of hydrogen as a lower-carbon fuel and the first time a hydrogen truck has entered the Dakar Rally,” Ahmad […]
The contract’s scope includes 13 normally unmanned wellhead platforms topsides, as well as pipelines, beach valve stations and buildings
QatarEnergy announced Monday that it had awarded a major engineering, procurement, construction, and installation contract to McDermott Middle East for the offshore scope of its North Field Expansion Project. The North Field Expansion Project will increase Qatar’s liquefied natural gas (LNG) production capacity significantly, from 77 million tons per annum to 126 million tons per […]
The announcement comes as Aramco pursues several business digitalisation programmes
Saudi Arabian energy giant Aramco and Saudi-based Advanced Electronic Company (AEC) announced late last week that they had signed a memorandum of understanding (MoU) to help promote the localisation of digital businesses in the Kingdom. AEC, a Saudi Arabian Military Industries (SAMI) company, and Aramco said that the MoU would support efforts to enable the […]
Corie Allemand, director of oil and gas business development at Stratus Technologies, discusses how technology is a key tool for the energy industry to grow
In the second 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 sidelines of ADIPEC 2021.
The world’s capacity to generate renewable electricity is accelerating, according to the IEA
With stronger policies linked to climate change, renewables are now being deployed at record levels, with the world’s capacity to generate electricity from renewable sources, such as solar panels and wind turbines, set to accelerate over the coming years, the IEA said in a report. The report, titled Renewables 2021, found that the number of […]
Expenditure will leap to a predicted $83.4 billion in 2022, up from an expected $69.8 billion this year
US shale expenditure is set to surge nearly 20 percent next year as the industry recovers from the unprecedented volatility caused by the Covid-19 pandemic. Expenditure will leap to a predicted $83.4 billion in 2022, up from an expected $69.8 billion this year, a 19.4 percent increase, according to energy research firm Rystad Energy. This […]
The agreement was signed in concert with Shell’s partners OQ and Marsa Liqueifed Natural Gas, a joint venture between Total Energies and OQ
Shell Integrated Gas Oman, a subsidiary of Royal Dutch Shell, signed a concession agreement with the Oman Ministry of Energy and Minerals to develop and produce natural gas from block 10 in Oman, the firm announced Tuesday. The agreement was signed in concert with Shell’s partners OQ and Marsa Liqueifed Natural Gas, a joint venture […]
The report also found that China-based Sinopec signed the most long-term LNG contracts in 2021, gaining five million tonnes of imported LNG per annum
QatarEnergy signed the biggest long-term liquefied natural gas (LNG) contract of 2021 with CNOOC in September 2021, a report by GlobalData revealed. The Qatari provider will supply CNOOC with 3.5 million tonnes per annum of LNG from 2022 to 2036 from the country’s Ras Laffan III liquefaction terminal. According to GlobalData’s report, the number of […]
News that the Omicron variant might not be as lethal as the still dominant Delta version, breathed new life into oil futures and thus far sparking a 10 percent rebound
WTI and Brent proved how closely tied oil prices are to perceptions about the economic recovery over the last couple of weeks. For a time breaking down as much as 20 percent from their respective highs over the last month, WTI and Brent both bottomed Wednesday, December 1. News that the Omicron variant might not […]
Should the talks fail, Iraq will instead purchase the stake
Halliburton is currently in talks with Exxon Mobile to purchase the oil firm’s stake in the West Qurna-1 field in southern Iraq, the country’s oil minister said Monday, Bloomberg earlier reported. Should the talks fail, Iraq will instead purchase the stake, Oil Minister Ihsan Abdul Jabbar added, building on comments from a few days earlier […]
