Baker Hughes has secured a significant contract to supply subsea trees for Eni’s Baleine project, located offshore the Ivory Coast in West Africa. The project involves tapping into the Baleine field in three phases, with the first phase scheduled to begin production this year, followed by the second phase in 2024, and a larger third […]
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Posted inEnergy Transition, DRILLING & PRODUCTION, Exploration & Production
Halliburton wins completions contract for carbon capture project
Halliburton, the US-based energy major, has been granted a contract to carry out well completions on the HyNet North West carbon capture and storage initiative in the United Kingdom. This entails supplying completions, liners, and monitoring products and services for the project situated in Liverpool Bay. To fulfill this contract, Halliburton will manufacture and deliver […]
Posted inNews
Oman supports OPEC+ decision by extending production cuts until 2024
Oman’s Ministry of Energy and Minerals has announced its intention to extend its voluntary reduction of 40,000 barrels of oil per day until December 2024, according to media reports. This extension is being implemented as a precautionary measure, the state-owned Oman Observer said in a report. Oman, although not a member of OPEC, is one […]
Posted inNews
QatarEnergy begins construction of LNG vessel for historic fleet expansion
QatarEnergy celebrated the steel cutting of the first of its new generation of chartered LNG vessels to be constructed in a Korean shipyard. QatarEnergy joined Samsung Heavy Industries, and JP Morgan Asset Management in a special ceremony on Geoje Island in the Republic of Korea to celebrate this milestone, which is part of QatarEnergy’s historic LNG Fleet Expansion Project. In April, the state-owned giant announced […]
Posted inNews
L&T announces major milestones for NEOM green hydrogen plant
The power transmission & distribution arm of Indian engineering major L&T has achieved important milestones for the power elements and grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company. Supported by 23 local, regional, and international banking and financial institutions, the project has now achieved full financial close, […]
Posted inNews
Cairn Oil & Gas portfolio surpasses one billion barrels
Cairn Oil & Gas, a subsidiary of Vedanta Resources owned by billionaire Anil Agarwal, has announced that its reserves and resources portfolio in India has surpassed 1 billion barrels of oil equivalent (boe), media reports suggested. This milestone comes as the largest private oil and gas company in India has identified 20 new development projects […]
Posted inProducts & Services
Ensuring safety of oil and gas workers
Magellan X’s worker safety solution offers near realtime visibility to front line safety operations, which enhances worker situational awareness and compliance assurance
Posted inNews
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, […]
Posted inBusiness
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
Posted inEvents
Cummins Arabia hosts Power Train conference in GCC
Cummins Arabia hosts Power Train conference post-Covid-19 for customers and consultants in Saudi Arabia, Kuwait, and the UAE
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