ADNOC has awarded an EPC contract to Jereh Oil & Gas Engineering Corporation, worth up to $920 million (AED3.38 billion), to install remote sensing and well-operating equipment at its onshore Bab, Bu Hasa and Southeast fields, extending its AI-powered well digitalization program to cover the fields. SourceContinue Reading
Tenaris is expanding its Rig Direct® service package with the introduction of WISer™, a suite of digital solutions designed to enhance well integrity, safety, efficiency and reliability in well construction operations. SourceContinue Reading
Angola is a strong destination for oil and gas exploration, said Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Pedro Azevedo. Recent regulatory reforms have positioned the country as a highly competitive market for foreign investment. SourceContinue Reading
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, rallied the energy industry at the 40th ADIPEC meeting to lead the world to the next phase of sustainable socioeconomic growth. SourceContinue Reading
Last week, the Independent Petroleum Association of America (IPAA) – advocating for thousands of oil and natural gas producers that develop 90 percent of wells nationwide – held its fall Board of Directors meeting as part of its 95th Annual Meeting and announced the following board appointments. SourceContinue Reading
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, rallied the energy industry at the 40th ADIPEC meeting to lead the world to the next phase of sustainable socioeconomic growth. SourceContinue Reading
(Bloomberg) – Some oil explorers are “not satisfied” with South Africa’s industry rules that were signed into law last month, according to a lobby group. The Upstream Petroleum Resources Development Act includes regulations for the ownership and development of oil and gas blocks. SourceContinue Reading
(Bloomberg) – Thailand will press ahead with a plan to restart talks with Cambodia to jointly explore petroleum reserves worth an estimated $300 billion in a disputed offshore area, disregarding opposition from some political groups and activists. SourceContinue Reading
TechnipFMC and Prysmian today announced the two companies have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity. SourceContinue Reading
ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol has agreed to acquire a 95% equity stake in Deep Well Services (DWS), for approximately $223 million including performance-based payments. SourceContinue Reading
