Technip Energies announced that that it has signed a Memorandum of Understanding (MoU) with National Petroleum Construction Company (NPCC) to provide support for the United Arab Emirates' (UAE) energy transition, in addition to other countries in the MENA region.
Bently Nevada, a Baker Hughes business, has finalized a strategic framework alliance agreement with Saudi Basic Industries Corporation (SABIC) to supply asset performance management services.
INEOS announced that it will invest over £1 billion in reducing greenhouse gas emissions at its site in Grangemouth, as part of its strategy to reach net zero emissions by 2045.
Petrofac has revealed that it won a new multi-million dollar landmark deal with Tatweer Petroleum to provide support for their ambitious natural gas distribution network project in Bahrain.
As part of its commitment to integrate the latest technological innovations in its business functions, ENOC Group announced that it has finalized the second stage of its SAP S/4HANA ERP (Enterprise Resource Planning) system implementation with notable success.
Baker Hughes, LYTT announced that they will work together to implement the digital transformation of the oil and gas sector through applying distributed sensor networks within the wellbore. These networks will help provide experts with the data that they need to enhance productivity on the oil and gas fields.
Eni and Chevron Lummus Global LLC (CLG) announced the implementation of a Joint Cooperation and Licensing Agreement for a full range of residue hydrocracking solutions.
Saudi Basic Industries Corporation ( SABIC), majority owned by Saudi Aramco, announced that it has started commissioning activities and preparations for initial start-up of the joint venture project with ExxonMobil in the US Gulf Coast.
Saudi Arabia retained a top spot in oil supplies to china for a ninth straight month in August as major producers relaxed production cuts.
Royal Dutch Shell plc (Shell) took a final investment decision to build an 820,000-tonnes-a-year biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery.
