Business
Oil and Gas News
Aspen Technology launches Microgrid Management System
ASPEN Technology has introduced the AspenTech Microgrid Management System (MMS), a solution for heavy electrical power requirements in industries like refining, chemicals, and mining.
1 min |
November 2024
Oil and Gas News
Adnoc Gas uses 3D printing for replacement parts
ADNOC Gas has developed a digital library of critical components for the energy industry, which can be manufactured on demand using advanced 3D printing technology.
1 min |
November 2024
Oil and Gas News
Africa's O&G growth offers logistics opportunities
THE African Export-Import Bank has signed a $162.9 million financing agreement with port infrastructure firm APD-Cameroon to support the construction of a $232.8 million port terminal in Douala in June 2024.
1 min |
November 2024
Oil and Gas News
APPO chief urges African unity against EU carbon tax
DR Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organisation (APPO), delivered a powerful message at the AOW - Investing in African Energy conference, calling for a unified African front in the global energy landscape and warning against the detrimental effects of the European Union's planned carbon border adjustment mechanism (CBAM).
1 min |
November 2024
Oil and Gas News
UNOC to develop East African Crude Oil Pipeline
THE Uganda National Oil Company (UNOC), in partnership with TotalEnergies, CNOOC, and the Tanzania Petroleum Development Corporation, is leading the development of the East African Crude Oil Pipeline (EACOP), a 1,443km infrastructure project linking Uganda's Tilenga and Kingfisher oilfields to Tanzania's Port of Tanga.
1 min |
November 2024
Oil and Gas News
Angola to award 15 new concessions by year-end
THE National Oil, Gas & Biofuels Agency (ANPG) – Angola’s concession aire and regulator – announced that 15 new concessions will be awarded in Angola before the end of 2024.
2 min |
November 2024
Oil and Gas News
Rosatom accelerates African nuclear development
ROSATOM, Russia's state-owned nuclear corporation, is accelerating African nuclear development by supporting the construction of nuclear energy facilities, capacity building, mining activities, and regulatory support.
1 min |
November 2024
Oil and Gas News
Germany offers support to 15 firms that cut emissions
GERMANY has awarded support guarantees to 15 companies under the Climate Contracts for Difference (CCfD) scheme, which aims to put the country's industry sector on track towards climate neutrality, according to Clean Energy Wire.
2 min |
November 2024
Oil and Gas News
Nigeria signs gas supply deal for $3.5bn petrochemical plant
NIGERIA took a major step in its quest to earn revenue from its vast gas reserves, signing a deal with joint venture partners to supply gas to aproposed $3.5 billion Brass fertilizer and petrochemical plant, an official said.
1 min |
November 2024
Oil and Gas News
First SMR projects selected by European Industrial Alliance
THE European Commission (EC) has launched an Industrial Alliance for Small and Medium-Range Nuclear Power (SMRs) to facilitate their development in Europe by the early 2030s, reported World Nuclear News.
2 min |
November 2024
Oil and Gas News
Renewables jobs hit record 16.2 million in 2023
THE Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organisation (ILO) reported the highest ever increase in renewable energy jobs in 2023, from 13.7 million in 2022 to 16.2 million.
2 min |
November 2024
Oil and Gas News
Acciona secures $326m green loan for GCC
ACCIONA, a leader in sustainable infrastructure and renewable energy, has secured €300 million ($326 million) in sustainable financing to fund key projects in the Gulf Cooperation Council (GCC) area.
1 min |
November 2024
Oil and Gas News
Adnoc boosts stake in Fertiglobe to 86.2pc
ADNOC has completed its acquisition of OCI Global's 50 per cent + 1 shareholding in Fertiglobe, increasing its share in the company to 86.2 per cent.
2 min |
November 2024
Oil and Gas News
Forbes names Nasser as sustainability leader
FORBES Middle East has recognised Amin Nasser, President & CEO, Saudi Aramco amongst the region's leaders for sustainability.
1 min |
November 2024
Oil and Gas News
Oman to mine critical silica for renewables
MINERALS Development Oman (MDO) has signed a mining concession agreement with the Ministry of Energy and Minerals (MEM), allowing MDO to explore and develop strategic minerals in concession area 51F, located in the Al Wusta Governorate.
1 min |
November 2024
Oil and Gas News
Can museums inspire action against climate change?
By weaving climate action into their core mission, museums can help to foster a culture of sustainability and responsibility that resonates far beyond their walls, creating a ripple effect that can create global influence
4 min |
November 2024
Oil and Gas News
AI can bridge circular economy & environmental responsibility
As technology evolves, the potential to meet circular economy goals becomes more attainable, but widespread adoption and collaboration across all sectors will be key to realising a sustainable future, JD Ambati tells OGN
4 min |
November 2024
Oil and Gas News
Role of robotics in improving construction site safety in O&G
Saudi Aramco researchers Rashid Alrashid, Mahmoud Elzayat, Abdulazez Alshammari explore the use of three robotic machineries in the construction of onshore and offshore hydrocarbon facilities
2 min |
November 2024
Oil and Gas News
Key to sustainability: Adapt fast, innovate constantly
Prioritising both immediate operational needs and long-term environmental responsibilities can help pave the way toward a resilient, sustainable energy future, says Johan Helberg, Head of Sales, Aggreko, Africa
2 min |
November 2024
Oil and Gas News
Using commercial diplomacy to drive decarbonisation
By addressing the regulatory, technological, financial, and societal aspects of methane emissions, stakeholders can move toward meaningful progress in decarbonisation and a more sustainable future, Aida Araissi tells OGN
4 min |
November 2024
Oil and Gas News
Measurement, standardisation role crucial in green hydrogen
As green hydrogen emerges as a cornerstone for low-carbon energy, precise measurement and standardisation are vital for driving investment, fostering innovation, and achieving global net-zero targets by 2030, Frank Janssens tells OGN
4 min |
November 2024
Oil and Gas News
EIM launches Bestune SUVs for KSA energy professionals
The robust vehicles are tailored for Saudi Arabia’s oil and gas professionals, combining durability, performance, and exceptional customer service to meet demanding industry needs
2 min |
November 2024
Oil and Gas News
Steam turbines drive energy efficiency in oil industry shift
The oil and gas industry's challenges are accelerating the adoption of energy-efficient technologies, with steam turbines playing a key role in optimising steam balance and utilisation for enhanced sustainability and reduced emissions
4 min |
November 2024
Oil and Gas News
JCV successfully holds truck solutions expo in Abha
JUFFALI Commercial Vehicles recently celebrated the success of its Truck Solutions Exhibition in Abha.
1 min |
November 2024
Oil and Gas News
Hybrid digital solutions: The best of both worlds
Digital transformation in downstream energy is essential for operational efficiency and market adaptability, requiring Lummus Digital's hybrid approach that combines industry expertise with advanced data science to overcome legacy challenges and enhance performance, Ujjal Mukherjee, Chief Technology Officer, Lummus Technology, tells OGN
4 min |
November 2024
Oil and Gas News
Innovar offers cost-effective, wellbore and BOP cleaning
Innovar Solutions revolutionises wellbore cleaning and fishing operations with advanced magnet technology and innovative tools, significantly reducing costly non-productive time and enhancing operational efficiency for oil and gas operators, Qamar uz Zaman tells OGN
2 min |
November 2024
Oil and Gas News
Sulzer leads way in GCC with carbon capture innovations
Sulzer's advancements in carbon capture and process solutions position it as a leader in the GCC’s sustainable energy transition, Sunil Srinivasan and Khalil Sharara tell OGN
5 min |
November 2024
Oil and Gas News
Temperature detection in hydrocracking process
Endress+Hauser’s temperature solutions offer high-precision monitoring capabilities that help refineries optimise process efficiency, extend catalyst life, and manage operational challenges, Michele Pietroni tells OGN
4 min |
November 2024
Oil and Gas News
Nabors at ADIPEC: Showcasing Mideast drilling transformation
Nabors is transforming drilling operations in the Middle East with solutions that digitalise, automate and lower the carbon footprint of drilling operations
4 min |
November 2024
Oil and Gas News
Vital tech trends optimising wellsite ops in Middle East
A suite of technologies tailored for the region brings forward automated solutions for the wellsite and clean tunnel perforating systems that can significantly reduce opex, Patrick McKeever and John Creighton tell OGN
4 min |