Friday 29 March 2024
 
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Energy firms

Digitalization ‘cuts opex by 16pc for energy firms’

Forty per cent of companies believe that digitalization can save 16 per cent or more of operating expenses (opex), according to a new study by Aspen Technology, a leading asset optimization software company. To achieve greater ass

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GCC energy firms issue record debt to fund expansion

The energy companies in the GCC region have issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans, according to a report.   Oil and gas producers, pipeline opera

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GCC energy firms issue record debt to fund expansion

The energy companies in the GCC region have issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans, according to a report.   Oil and gas producers, pipeline opera

More…

GCC energy firms issue record debt to fund expansion

The energy companies in the GCC region have issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans, according to a report.   Oil and gas producers, pipeline opera

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Bahrain energy firms spend $25m on training

Bahrain's energy companies spend more than $25 million every year in training their employees, said a senior government official, adding that the training is conducted in order to prepare staff for the challenges of the future. "The people

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Iraq to invite energy firms to 4th bid round

Iraq will issue invitations to international energy companies to show interest in new gas exploration contracts in a fourth bidding round, with responses due on May 19, an Iraqi oil official said on Wednesday. Iraq said last month that 12

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Iraq oil minister to meet oil firms in UK

Iraq's oil minister will meet energy firms bidding for long-term oil and gas service contracts in London next month to discuss details of the fields on offer as well as contract terms, the oil ministry said on Sunday. 'The oil mini

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