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New US tariffs and escalating global trade tensions have impacted vessel markets in the first half of 2025, depressing investment in some sectors while accelerating strategic orders in others, ...
Under the MoU signed by bp, the company will evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin, including the exploration potential of adjacent ...
Implementation involves scheduled tracer injection into the CO₂ stream with periodic CAT sample retrieval for laboratory analysis. The system's integrated architecture correlates surface measurements ...
Fossil fuels continue to dominate the global energy system, with fast-growing renewables adding to the overall energy mix rather than replacing them, according to the Energy Institute’s latest ...
SEB analyst Ole Hvalbye told Reuters that global oil benchmark Brent crude could gain US$3 to US$5 per barrel when markets ...
ADNOC Gas has awarded US$5bn in contracts for the first phase of its Rich Gas Development (RGD) Project, its largest-ever capital investment The contracts involve expanding key processing units to ...
ENOC Group and DP World have signed an agreement to enhance emergency and fire response capabilities across Dubai’s energy and logistics infrastructure, through joint training, planning and ...
Borouge Plc and ADNOC Logistics & Services Plc have partnered to boost the production and export of petrochemicals from the UAE, as Borouge prepares to ramp up production capacity ...
Reliability begins with proximity. At UTEC, we are not just closer to our clients, but we are closer to the future Saudi Arabia is building. Introduction Saudi Arabia’s power transformation is no ...
Carbon capture and storage capacity is forecast to quadruple by 2030, and the Middle East has ‘significant CCS ambition’, according to a new report from DNV Cumulative investment in carbon capture and ...
Global upstream oil investment is set to fall this year for the first time since the Covid slump in 2020, with upstream oil and gas spending gravitating to the Middle East, according to the 2025 ...
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