EnerMech has secured a multi-year contract to provide topside process and shutdown services across a major North Sea operator’s offshore asset portfolio, strengthening its role as a trusted technical services partner.
Nigeria is aiming to attract between $30 billion and $50 billion in offshore oil and gas investments by 2030 as it works to revive crude production, increase energy output, and strengthen its position as Africa’s leading energy producer.
Asyad Shipping has advanced its fleet expansion strategy with the naming of new product tanker “MT Manah” at China’s Wuzhou Shipyard, enhancing refined petroleum transport capabilities and supporting Oman’s vision to become a leading global maritime and logistics hub.
Petrofac has announced that Al Mazrui International has completed its investment in Petrofac HoldCo Limited, the holding company of Petrofac Emirates, becoming a strategic investor alongside the company’s existing shareholder group.
Enowa, the energy, water and hydrogen subsidiary of mega Saudi futuristic city NEOM, has announced that it has commissioned a new power substation at Oxagon, thus increasing the manufacturing and innovation city's available electricity capacity to 3.15GW.
Saudi Aramco President and CEO Amin H Nasser tops the Forbes Middle East’s sixth annual Top 100 CEOs list, which spotlights the executives leading the region’s most impactful organisations.
Latin America has significant untapped geothermal potential, with resources estimated at up to 70 gigawatts (GW), yet less than 6 per cent has been developed, according to discussions hosted by the International Renewable Energy Agency (Irena), the Global Geothermal Alliance (GGA), and the Government of El Salvador.
Annual investment in nuclear energy must triple to $250 billion, requiring around $6 trillion by 2050 to expand global capacity and support the full nuclear value chain, the World Nuclear Association said in its inaugural investment guide.
National Energy Services Reunited (NESR), an international provider of integrated energy services in the Mena region, has secured contract awards worth $300 million in Kuwait over five years, covering its Production Services and Drilling & Evaluation segments.
Envision Energy, a global green technology company, has partnered with Sasol, an international energy and chemicals firm, to advance a design study for a potential green hydrogen system at Sasol’s Sasolburg operations in South Africa.
