Saipem, an Italian and the largest multinational oilfield services company in the world has awarded with the two offshore projects worth of approximately $500 million (€ 458.66 million) in Saudi Arabia. These two projects are part of the ongoing long-term agreement (LTA) with Saudi Arabian oil group giant, Saudi Aramco. Soon after securing a $300 … Read more
The Big Oil’s are making biggest investments in the petrochemicals. The term “Big Oil” refers to the world’s top oil and gas producing companies. In recent times these companies are shifting the investment tactics from being merely involved in petroleum production to now shifting the focus on petrochemicals. Major economies of the world are entering … Read more
The ADNOC (Abu Dhabi National Oil Company) has deployed AI tools to its offshore NASR oil and gas field to maximize the efficiency and minimizing and minimizing emissions. The company is about to deploy around artificial intelligence driven Robo Wells in this year. Artificial Intelligence will regulate not only offshore fields but also onshore fields … Read more
Recently TAQA and WellsX LLC have announced a ground-breaking collaboration which intends to revolutionize the energy sector. With an aim to drive an extraordinary efficiency, sustainability and growth in the oil and gas industry, TAQA plans to combine their decades of expertise with cutting-edge innovative technologies of WellsX LLC. This partnership proposes to strengthen the … Read more
To celebrate the efforts of biggies in the field of Oil & Gas Energy, the ITP Media groups hosted Oil & Gas Middle East Awards 2024 in the vibrant city of Dubai. The event is deemed as the pioneering work in the field of sustainable energy as it promotes sustainability while pushing the economic growth … Read more
Recently Qatar Energy has acquired a major stake in Chevron’s Suriname offshore block projects. The Qatar energy producing company will be taking 20 percent of stakes in the Suriname’s offshore oil field. It is going to be a historical deal for the South American country. Suriname is located at the northeastern cost of South America … Read more
Saudi Arabia’s oil exports have witnessed a sharp decline in the last month. The plunge in exports is the sharpest since the pre pandemic era. It caused by many global market factors but one of the key highlights that can be attributed to the decline in the oil exports in the surge in domestic energy … Read more
In the world of oil and gas industry, the 2019 oil and gas awards was proven to be of a great significance that intends to celebrate the excellence and innovation of the sector. The oil and gas awards are held annually which aims to recognize the outstanding achievements of the individuals and corporations and stakeholders … Read more
The 8th Annual Northeast Oil & Gas Awards offers a platform to the oil and gas industry where they can showcase their innovative approaches and methods to boost the growth of particular sector. The Northeast oil and gas awards were hosted in the city of Pittsburg in 2020 to recognize the efforts of core industries … Read more
The Oil and Gas Awards was launched in 2012 in North America which oversees the outstanding achievements by the corporations and the individuals in the upstream sector, midstream sector and downstream sector. Following is Oil and Gas Awards winners list of the Rocky Mountain 2018 which was distributed in 19 categories to the corporations and … Read more