KAUST in Saudi Arabia is working on custom AI algorithms for process control and optimisation, which will eventually help oil and gas firms with green hydrogen generation
oil
Posted inNews
ADNOC Drilling acquires 2 new premium offshore rigs
The two new drilling units are being acquired from Well Target Five Limited and Well Target Six Limited , and will enter ADNOC Drilling’s fleet in Q3 2022
Posted inNews
Saipem sells onshore drilling business for $550mn to KCA Deutag
The Saipem-KCAD agreement will create a leading global onshore drilling business with over $1.6bn in revenue across core geographies in the Middle East and key markets in Europe and Latin America.
Posted inNews
Adnoc finds new oil at Bu Hasa, Onshore Block 3 and Al Dhafra fields
The 500 million barrels of oil discovered from the exploration well in the Bu Hasa field has unlocked a new formation within the field, offering substantial additional premium-grade Murban oil resources
Posted inNews, Exploration & Production, Products & Services
McDermott secures new FEED contract from ADNOC
The Fujairah LNG Facility’s FEED services will be performed by teams in McDermott’s offices in London and the UAE
Posted inEnergy Transition
At the centre of the energy transition
Ahmed Ali Attiga, the chief executive officer of Arab Petroleum Investments Corporation (APICORP) sits down to explain the role that Middle East will need to play through the energy transition
