Intech has secured a contract to provide an integrated Digital Twin-powered energy and emissions intelligence solution for a leading petrochemical producer in Saudi Arabia, supporting the company’s sustainability goals and regulatory compliance requirements.
Adnoc Distribution reported record financial results for the first half of 2026, posting a 59 per cent year-on-year increase in net profit to $568 million, while reported EBITDA rose 39 per cent to $786 million.
Alternative Energy Projects Company (Apeco) has signed an agreement with United Real Estate Company to provide engineering, procurement and construction (EPC) services for a solar power system at its Souk Sharq complex in one of Kuwait City's busiest commercial destinations.
ADNOC, in collaboration with SLB, has deployed its artificial intelligence (AI)-enabled Real-Time Operations Centre (RTOC) platform across its fleet of more than 120 rigs, providing teams with a faster and more connected way to monitor, analyse and manage drilling operations across its onshore and offshore assets.
Oil prices remained under pressure on Tuesday after suffering steep losses over the previous two sessions, as growing optimism over a potential breakthrough in US-Iran diplomacy raised hopes that the Strait of Hormuz could soon be reopened to normal shipping, easing fears of disruptions to global crude supplies.
Senaat (formerly Zamil Industrial Investment Company) has announced that its key subsidiary, Zamil Steel, has achieved a major industrial milestone by delivering specialised process equipment for the Fadhili Gas Increment Project (Package 4) for Saudi Aramco and Samsung E&A.
Saudi energy services company Tarshid has completed the second phase of an energy efficiency retrofit project at the Islamic University of Madinah, covering 43 buildings and facilities. It involved upgrades to cooling, AC and lighting systems aimed at improving energy efficiency.
AMETEK has launched the Grabner Vision Pro Series, an evolution of its analytical instrumentation platform, combining a refreshed product design and intuitive user experience with a broad set of performance, reliability, and usability enhancements.
Dana Gas, the Middle East’s first and largest regional private and publicly-listed natural gas company, and Crescent Petroleum, the region’s oldest private oil and gas producer, have commenced supplies of natural gas from the Khor Mor field in the Kurdistan Region to Iraq’s Ministry of Electricity in Kirkuk, to further support the electricity sector in Iraq.
BP reported a sharp rebound in second-quarter earnings, helped by stronger oil and gas prices, improved refining margins and robust cash generation, as new Chief Executive Officer Meg O'Neill outlined an ambitious strategy to improve performance and restore shareholder confidence.
