New US tariffs and escalating global trade tensions have impacted vessel markets in the first half of 2025, depressing investment in some sectors while accelerating strategic orders in others, ...

Under the MoU signed by bp, the company will evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin, including the exploration potential of adjacent ...

Implementation involves scheduled tracer injection into the CO₂ stream with periodic CAT sample retrieval for laboratory analysis. The system's integrated architecture correlates surface measurements ...

Fossil fuels continue to dominate the global energy system, with fast-growing renewables adding to the overall energy mix rather than replacing them, according to the Energy Institute’s latest ...

SEB analyst Ole Hvalbye told Reuters that global oil benchmark Brent crude could gain US$3 to US$5 per barrel when markets open. Ole Hansen, analyst at Saxo Bank, predicted a similar jump, placing ...

Reliability begins with proximity. At UTEC, we are not just closer to our clients, but we are closer to the future Saudi Arabia is building. Introduction Saudi Arabia’s power transformation is no ...

ENOC Group and DP World have signed an agreement to enhance emergency and fire response capabilities across Dubai’s energy and logistics infrastructure, through joint training, planning and ...

ADNOC Gas has awarded US$5bn in contracts for the first phase of its Rich Gas Development (RGD) Project, its largest-ever capital investment The contracts involve expanding key processing units to ...

The World Economic Forum has released a new report examining how emerging technology combinations are reshaping industries and how business leaders can harness these insights to create new business ...

DUG has released the latest results from its elastic multi-parameter full waveform inversion (MP-FWI) imaging technology which it launched in 2022, since when more than 70 successful projects have ...

NesmaKent Energy Company (NKJV), a joint venture between Saudi Arabia’s Nesma & Partners (N&P) and global engineering company Kent, has won its first project management contract (PMC) from Aramco ...

Driven by rising seasonal demand and geopolitical uncertainty, global oil markets could see tighter balances this summer, despite a projected surplus of supply in 2025, according to Rystad Energy This ...