Business
Oil and Gas News
Adnoc secures $11bn Hail & Ghasha financing
ABU Dhabi National Oil Company (Adnoc), in partnership with Eni and PTT Exploration and Production Public Company (PTTEP), signed a structured financing transaction of up to $11 billion to monetise future midstream gas production from the Hail and Ghasha fields.
1 min |
January 2026
Oil and Gas News
GCC petrochemical firms make strong ESG progress, reveals GPCA report
THE first ever Gulf Petrochemicals and Chemicals Association (GPCA) Annual Forum in Bahrain convened regional and global industry leaders, policymakers, and experts to discuss sustainability, innovation, digital transformation, and inclusive growth.
1 min |
January 2026
Oil and Gas News
Masdar starts operations at $1.3bn UK storage facility
Abu Dhabi Future Energy Company - Masdar has begun commercial operations at its 20 MW/40 MWh battery energy storage system (BESS) facility in Stockport, the first under its £1 billion ($1.3 billion) UK investment commitment.
1 min |
January 2026
Oil and Gas News
Emerson Exchange to debut in Dubai
EMERSON, a leader in automation technology and software, will host Emerson Exchange 2026, taking place from May 19-21 at the Dubai World Trade Centre.
1 min |
January 2026
Oil and Gas News
Sherwin-Williams launches advanced CUI protection
SHERWIN-WILLIAMS has launched Heat-Flex ACE, a high-performance primer designed to combat corrosion under insulation (CUI), a costly and often hidden issue in the oil and gas industry.
1 min |
January 2026
Oil and Gas News
Abdul Latif Jameel Motors to advance hydrogen power solutions in KSA
Abdul Latif Jameel Motors, EODev, and Octopian will jointly work on the introduction, demonstration, and potential future localisation of EODev's hydrogen power technologies
2 min |
January 2026
Oil and Gas News
Middle East energy investments drive demand for advanced PFP systems
For regional operators focused on asset longevity, safety, and maintenance reduction, coatings like PPG PITT-CHAR NX offer a proven solution
6 min |
January 2026
Oil and Gas News
ProSep contract win for AIMs to result in efficiency for Kingdom's plants
Replacing conventional injection quills, the AIMs will help operators optimise the injection and mixing efficiency of demulsifier, scale inhibitor, and corrosion inhibitor on production headers
2 min |
January 2026
Oil and Gas News
Alphabet to acquire data centre for capacity growth
ALPHABET will acquire Intersect, a data centre and energy infrastructure company, for $4.75 billion in cash plus debt assumption.
1 min |
January 2026
Oil and Gas News
Saudi Arabia's lubricants market is shifting gears under Vision 2030
Transformation is in motion as Vision 2030, electrification, and industrial expansion redefine the Kingdom's 515-million-litre lubricant industry
4 min |
January 2026
Oil and Gas News
Natural gas poised to transform Africa's energy future
NATURAL gas is set to play a central role in Africa's energy landscape, with demand projected to rise 60 per cent by 2050, according to the African Energy Chamber's 2026 Outlook Report.
1 min |
January 2026
Oil and Gas News
Brushless excitation systems can 'reduce' maintenance and boost O&G exploration
Brushless systems eliminate the regular wear points that can disrupt voltage stability over time, so the voltage remains reliable and consistent without frequent intervention, Matthew Slater tells OGN
4 min |
January 2026
Oil and Gas News
Africa's refined product demand set to soar
AFRICA stands at a pivotal moment in global energy dynamics, with the opportunity to leverage its abundant fossil fuel resources for sustainable development.
1 min |
January 2026
Oil and Gas News
Alfa Laval unveils cryogenic fuel solution for LNG vessels
ALFA Laval announces the launch of a new fuel-conditioning module (FCM) which prepares liquified natural gas (LNG) for seamless use in marine engines.
1 min |
January 2026
Oil and Gas News
Brookfield, Qai launch $20bn Al infrastructure partnership
BROOKFIELD and Qai, Qatar's Al company and a subsidiary of Qatar Investment Authority, have formed a strategic partnership to launch a $20 billion joint venture focused on artificial intelligence infrastructure in Qatar and select international markets.
1 min |
January 2026
Oil and Gas News
UNEA-7 advances global environmental solutions
THE seventh UN Environment Assembly (UNEA-7) concluded with 11 resolutions, three decisions, and a Ministerial Declaration, aimed at advancing global environmental solutions.
1 min |
January 2026
Oil and Gas News
Lummus' balanced approach to retrofitting avoids need to replace entire fired heater
The Lummus SRT-h Hybrid Heater offers a scalable path to near-zero CO₂, Hani Alkhalifah, Manager of Technical Life Cycle Services - MENA, tells OGN
3 min |
January 2026
Oil and Gas News
US pauses all offshore wind project leases over security risks
THE US Department of the Interior has immediately paused all large-scale offshore wind project leases under construction due to national security risks identified in classified reports by the Department of War.
1 min |
January 2026
Oil and Gas News
ITT to buy SPX FLOW for $4.8bn
ITT, a provider of critical components and innovative technologies, has signed a definitive agreement with Lone Star Funds to acquire SPX FLOW for $4.775 billion in cash and equity, valuing the company at 14.2x forecasted 2026 adjusted EBITDA (11.5x including synergies).
1 min |
January 2026
Oil and Gas News
WFES to spotlight Al's growing role in Mideast clean energy
THE World Future Energy Summit (WFES) 2026 will place artificial intelligence (AI) at the centre of discussions on the future of clean energy, highlighting its potential to transform energy production, transmission, and data-driven distribution.
1 min |
January 2026
Oil and Gas News
AI accelerates catalyst innovation, transforming global CC systems
AI and ML accelerate catalyst discovery and optimise conversion processes transforming CO₂ utilisation from experimental concept to scalable industrial reality, researchers find out
6 min |
January 2026
Oil and Gas News
Saipem snaps up $3.1bn offshore gas Qatar deal
SAIPEM, a leader in the engineering and construction of key energy and infrastructure projects, has announced that it has, in partnership with Offshore Oil Engineering Company (COOEC), been awarded an offshore EPCI contract by QatarEnergy LNG for the Comp5 package of the North Field Production Sustainability (NFPS) Offshore Compression Complexes project.
1 min |
January 2026
Oil and Gas News
Aerzen acquires GPE Turbo
AERZEN, a global manufacturer of blowers, compressors, and turbos, has acquired GPE Turbo, strengthening its position as a technology pioneer and market leader.
1 min |
January 2026
Oil and Gas News
Senegal's President calls for African energy sovereignty
SENEGALESE President Bassirou Diomaye Faye emphasised deepening coordination among Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry, urging global investors to recognise Africa as a region ready to shape its energy future, at the MSGBC Oil, Gas & Power 2025 conference in Dakar.
1 min |
January 2026
Oil and Gas News
The JIP33 tube fitting specification ensures 'improvement' in O&G ops
Ensuring compliance with JIP33 reduces risk, improves long-term reliability of systems and suppliers, and helps to reduce variation throughout the supply chain while enabling greater capital cost control
4 min |
January 2026
Oil and Gas News
Why asset integrity will shape KSA's energy and industrial sector growth?
The Kingdom needs a shift from reactive maintenance to lifecycle-led asset integrity strategies for operational resilience as facilities upgrade and expand, Dennis Snijders, Director Middle East & North Africa, IGS, tells OGN
4 min |
January 2026
Oil and Gas News
Africa needs $375bn to develop its natural gas sector
AFRICA requires an estimated $375 billion over the next 10-12 years to fund upstream and midstream gas development, according to the Society of Petroleum Engineers (SPE).
1 min |
January 2026
Oil and Gas News
Environmental transformation benefits can reach $20trn annually by 2070
Planetary degradation is intensifying across all systems, threatening achievement of international sustainability goals and human well-being despite multiple pathways existing for transformational change, says UNEP's report
5 min |
January 2026
Oil and Gas News
Dacke Industri takes 70pc stake in Hydronit
DACKE Industri has acquired 70 per cent of Hydronit, an Italian specialist in modular hydraulic power units for mobile, industrial, and marine applications, with the remaining shares retained by the current owner.
1 min |
January 2026
Oil and Gas News
FERC directs PJM to set Al-friendly grid rules
THE Federal Energy Regulatory Commissin (FERC) of the US has directed grid operator PJM to establish transparent rules to facilitate service of Al-driven data centres and other large loads co-located with generating facilities.
1 min |