Deep Well Services (DWS) has completed its first major project in the UAE, delivering an 11-well unconventional campaign in Abu Dhabi 43 per cent ahead of schedule and saving 33 operational days.
OES Group has returned to private ownership following the completion of a management buyout, marking a new chapter for the Testing, Inspection, Certification and Compliance (TICC) and engineering services provider.
The Saudi Oil Sustainability Programme (OSP) has won two international Vega Digital Awards for its “We Know Its Worth” campaign, launched to mark Saudi Arabia’s 95th National Day and highlight the importance of oil in everyday life.
Egypt is stepping up cooperation with Abu Dhabi Future Energy Company (Masdar) to accelerate a pipeline of solar, wind and battery-storage projects as Cairo seeks to raise the contribution of renewable energy to 45% of its electricity mix by 2028.
Oil prices surged more than 2% on Monday after a fresh exchange of US and Iranian attacks around the Strait of Hormuz renewed the risk of disruption to crude shipments through the key oil chokepoint.
The UK risks becoming trapped in a cycle of high electricity prices, weaker industrial demand and rising infrastructure costs unless it finds ways to increase power consumption, Energy Institute President Andy Brown has warned.
A consortium comprising Nareva, Kanadevia Inova and Itochu Corporation has awarded BUTEC a major Engineering, Procurement and Construction (EPC) contract for Casablanca’s Waste-to-Energy (WtE) project. The consortium is delivering the project under a 33.5-year concession agreement with the Municipality of Casablanca.
Venezuelan interim President Delcy Rodriguez said that a new energy agreement with the US will remain in force for 25 years, targeting crude oil production of more than 1.5 million barrels per day (bpd) while preserving Venezuela’s sovereignty over its natural resources.
Intech has secured a services contract to provide comprehensive maintenance support for critical safety and control infrastructure at a major petrochemical facility in Saudi Arabia.
Netherlands-based offshore vessel motion technology provider NextOcean has secured a contract to supply its WavePredictor motion radar system to ESVAGT’s ESVAGT NJORD Service Operations Vessel (SOV).
