Sunday 19 November 2017

Real-time data to revolutionise oil and gas industry

Real-time data captured from the field and conveyed to the cloud via sensors and analytical engines can impact the profitability of entire oil and gas (O&G) businesses.    Building around this concept, Schneider Electric, the global specialist in energy


Emac hosts panel on arbitration and mediation services

In an effort to educate and enable stakeholders in the offshore oil and gas sectors, the Emirates Maritime Arbitration Centre (Emac) hosted The Advantage of Emac’s Arbitration Process in the Offshore Oil and Gas Sector on November 13 as part of Adipec 2017.  


BP eyes 70pc rise in Abu Dhabi oilfields recovery

British Petroleum (BP) is planning to raise recovery rates from oilfields in Abu Dhabi to 60-70 per cent from the current level of around 30-40 per cent, a senior official was quoted as saying in a media report. “We can see the opportunity in the long run to boost recovery


Dubai Municipality inks energy co-op deal with DLD

Dubai Municipality said it has signed an energy co-operation agreement with Dubai Land Department to support its Dubai Lamp initiative, which is the fruit of a unique research partnership between Philips Lighting and the municipality. Their tieup resulted in the development of th


Bapco pipeline capacity fully restored

Repairs to Bahrain Petroleum Company’s (Bapco) AB3 line, which suffered an incident in Buri village, have been completed and the pipeline capacity is now fully restored, said a statement from nogaholding, the investment and business development arm of Bahrain’s National Oil and Ga


Jotun launches Thermosafe range for oil, chemical sector

Jotun, one of the world's leading coating brands for industrial protection, has launched the unique Thermosafe range, enabling customers operating at higher temperatures with enhanced safety, efficiency and productivity. The company aims to cater to the onshore oil, gas and c


Equate opens new HQ; celebrates 20th anniversary

Equate Group, a global producer of petrochemicals, recently hosted a ceremony to celebrate its 20th anniversary and the official inauguration of its new headquarters, which is located in Ahmadi, Kuwait. With the attendance of several dignitaries, the celebration was held to coinc


Adnoc to sell at least 10pc of subsidiary in IPO

Abu Dhabi National Oil Company (Adnoc) will sell at least 10 per cent shares of its retail fuel stations unit and list them on the local stock exchange, said Chief Executive Officer Sultan Ahmad Al Jaber, kick-starting a round of privatizations in the regional oil industry. 


NPCC wins $326m Saudi Aramco EPC contract

UAE's National Petroleum Constructions Company (NPCC) said it has been awarded a Dh1.2-billion ($326 million) engineering, procurement and construction (EPC) contract for an offshore platforms and two pipelines for Saudi Aramco’s Al Safaniya oilfields. The contract enta


Churchill Drilling Tools reports record demand for its products in Middle East

Churchill Drilling Tools, a global oilfield service company specialising in drilling innovation, has revealed a record demand for its technologies and services in the Middle East as it approaches its second anniversary in the region.    The company has seen

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