ADNOC Signs Second Long-Term Heads of Agreement for Ruwais LNG Project
ADNOC has signed a second long-term Heads of Agreement (LNG agreement) for their Ruwais LNG project.
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ArcelorMittal to Acquire 28.4% Stake in Vallourec for $1B
Steelmaker ArcelorMittal has announced its plans to purchase a 28.4% stake in Vallourec for approximately $1 billion, aimed at increasing ArcelorMittal's presence in the tubular business.
China’s Unipec Buys 8mmbbl of North Sea Crude for Delivery in May
Unipec, the trading arm of Asia's largest refiner Sinopec, has purchased 8 million barrels of North Sea crude Johan Svedrup for delivery in May, amid high demand in Europe.
Women Empowerment in Egypt’s Energy Transition: Progress and Challenges
Globally, women account for only 16% of the global energy sector workforce, while men make up the remaining 84%. In the renewable energy sector, women's representation is slightly higher, at around 32% of the workforce, according to the International Renewable Energy Agency (IRENA). In Egypt, women's representation in the energy sector is a focus of attention, particularly in the context of the country's transition to a green economy. However, women represent only 22% of work force in the oil and gas sector, and 32% of workforce in the renewable energy sector, according to AlMarsad AlMasry.
Slashing Pile Positioning Time By 75% With Fugro Quickvision®
Fugro's innovative QuickVision® touchless technology helped install underwater piles with record speed and precision, saving Doha Petroleum Construction Company (DOPET) time and money on an offshore construction project in Qatar.
Balancing Energy Security, Affordability, and Sustainability: Key Focus at EGYPES 2024
Energy transition takes center stage at EGYPES 2024, as global aspirations meet practical realities. Under the theme "Driving Energy Transition, Security, and Decarbonization," the event kicked off on Monday with a strategic conference tackling the complex challenge of balancing ambitious transition goals with growing energy demand and development needs for a rising global population.
AI and Its Role in The Energy Sector’s Legal World
Artificial Intelligence (AI), the concept that computerized systems can replace human thought processes and interactions, continues to gain traction in all areas of life including the legal profession and in particular in the field of dispute resolution.
Aramco, ADNOC to Invest in US LNG Projects
Saudi Arabia's Aramco and Abu Dhabi National Oil Company (ADNOC) have been in discussions to invest in US liquefied natural gas (LNG) projects, according to Reuters.
ADNOC Deploys 30 AI Tools, Reducing Emissions by 1M Tons in 2022-2023
ADNOC has generated $500 million in value from deploying 30 AI tools across the company’s entire value chain by 2023. These tools have helped in value creation, improved decision-making process in addition to reducing carbon emissions by 1 million tons between 2022 and 2023, equivalent 200,000 gasoline- powered cars from the road.
TotalEnergies to Supply Sembcorp with 0.8 mtpa of LNG for 16 Years
TotalEnergies has announced the signing of a sale and purchase agreement with Singapore's Sembcorp Industries. The deal involves the supply of up to 0.8 million tons of liquefied natural gas (LNG) per year to Sembcorp for a duration of 16 years, starting in 2027.
