Saudi Arabia and Bahrain discussed ways to strengthen industrial co-operation and deepen bilateral economic ties during talks in Manama, reported SPA. The meeting took place during Saudi Energy and Industry and Mineral Resources Minister Prince Abdulaziz bin Salman's visit to Bahrain.
SLB has announced that Chevron Technical Center, a division of Chevron, has joined the long-term digital subsurface collaboration established by SLB and TotalEnergies in 2024.
Dana Gas and British advanced materials company Levidian have commissioned the first LOOP 20 unit at the Sharjah Graphene Park, marking the start of commercial graphene production in the UAE emirate.
Oil prices rose on Wednesday (October 7), with Brent crude futures climbing 93 cents, or 0.92 per cent, to $101.51 a barrel. US West Texas Intermediate (WTI) crude futures also gained 82 cents, or 0.92 per cent, to reach $90.25 a barrel.
The US Nuclear Regulatory Commission (NRC) has issued a construction permit for the Tennessee Valley Authority’s (TVA) planned GE Vernova Hitachi BWRX-300 small modular reactor (SMR) at the Clinch River site in Tennessee, clearing a major regulatory hurdle for what could become the country’s first commercial SMR.
Saudi Arabia has restored oil flows through its strategic East-West Pipeline to 5.8 million barrels per day (bpd), strengthening the Kingdom’s ability to move crude to global markets.
Oman’s oil production rose 11.9 per cent year-on-year to 270 million barrels by the end of August 2026, up from 241.4 million barrels during the same period last year, according to data from the National Centre for Statistics and Information.
Zamil Offshore has partnered with Dutch naval architecture firm Conoship International to develop a specialised Dive Support Vessel (DSV) designed to operate in the shallow waters of the Gulf region.
European Commission President Ursula von der Leyen has announced plans to strengthen joint energy purchasing across the European Union as rising gas and diesel prices increase pressure on member states and consumers.
KBR has secured a project from Aramco to support the upgrade of facilities across the Marjan offshore field in the Arabian Gulf. Under the contract, KBR will provide engineering and project execution services for key offshore processing, gas compression and power infrastructure.
