The UAE Ministry of Energy and Infrastructure, Khazna Data Centres, and Agility have launched a pilot using Phaidra’s AI technology to improve energy efficiency across data centres and district cooling. The initiative will test advanced AI control systems to optimise AI infrastructure operations.
OQ Group welcomed 130 graduates into its 2026 Graduate Development Programme, underlining its public–private partnership with Oman’s Ministry of Labour. The initiative aims to create 600 jobs, supporting sustainable employment, national capacity building, and OQ’s future growth needs.
Technology group Wärtsilä will invest approximately EUR 140 million ($165,4 million) to further expand its production capacity by 35 per cent at its technology centre, Sustainable Technology Hub (STH) in Vaasa, Finland and associated global supply chain.
XRG, an international energy investment company based in Abu Dhabi, has signed an agreement with the Ministry of Economy of Azerbaijan to acquire an equity stake in Southern Gas Corridor CJSC (SGC).
State-owned Kuwait Petroleum Corporation (KPC) plans to invite foreign companies to help develop recent offshore discoveries, as Kuwait looks to accelerate production and apply advanced technologies offshore, according to a Reuters report.
DNV, an independent risk management and assurance expert based in Norway, has launched its Industrial Services unit, evolving its inspection business into a dedicated provider of quality assurance and inspection services for energy, infrastructure and complex industrial supply chains.
DNV has launched its Industrial Services unit, evolving its inspection business into a dedicated global provider of quality assurance and inspection services for energy, infrastructure and complex industrial supply chains.
Mubadala Energy, the Abu Dhabi headquartered international energy company, has completed the acquisition from Eni of a 15 per cent participating interest in the Nargis Offshore Area (“Nargis”) concession, an offshore exploration block in Egypt.
Wood, Massy and Tagman have launched WMT Guyana, a new joint venture majority-owned by Tagman. The company will provide engineering-led studies, design services, brownfield maintenance, modifications, and early-phase project solutions, combining global expertise with local leadership to support Guyana’s growing energy sector.
Saudi Arabia’s Ministry of Energy and Kazakhstan’s Ministry of Foreign Affairs signed an agreement formally establishing the Saudi–Kazakh Coordination Council. The agreement strengthens bilateral ties, expands cooperation across multiple sectors, and enhances collaboration in energy, renewable energy, energy storage, and oil market coordination.
