Global Underwater Hub calls on government to deliver an industrial strategy to boost investor confidence

The UK’s underwater industry has grown from £8bn to £9.2bn in the last 12 months and now supports over 51,000 jobs.

New research from Global Underwater Hub (GUH) reveals that the industry has both the capacity and capability to accelerate the global energy transition but...

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ADNOC Gas PLC, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has contracted Worley Engineering Pty. Ltd., a division of Worley Ltd., to provide front-end engineering and design (FEED) services for its Bab Gas Cap (BGC) project in Abu Dhabi.

The agreement, announced on December 4, aims to enhance ADNOC Gas’ natural gas processing capabilities as part of its strategic...

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A $100 million world class Oil and Gas Services Terminal (OGST) at the Takoradi Port in the Western Region was on Friday inaugurated by President Nana Addo Dankwa Akufo-Addo.

The OGST is a logistics platform within the port featuring offshore supply vessel (OSV), berthing facilities and serviced waterfront land to support offshore oil and gas exploration and...

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The North Sea Transition Authority (NSTA) has today (25 November) published its highest-ever fine of £350,000 on Repsol North Sea Limited (RNS) for behaviour that led to a shut-in at the Flyndre field and hampered economic recovery of petroleum.

The Fulmar facility in the Central North Sea, operated by RNS, ceased production in 2018, but continued to be used for the transportation of oil and gas by the Flyndre, Auk and Clyde fields. Auk and...

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Asia’s renewables grow rapidly, led by offshore wind and solar, but coal dominance, policy gaps, and grid challenges hinder the region’s energy transition progress.

London, 19 Nov. 2024 — Asia’s renewable energy sector expanding but policy inconsistencies, grid limitations, and reliance on fossil fuels mean that continent still has a long way to go in its journey to neutralise it economies, according to a new report by the Energy Industries Council (EIC), the world leading energy trade association. 

The EIC Asia OPEX Report, released today, provides...

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Abu Dhabi, United Arab Emirates – November 20, 2024 — AIQ, the Abu Dhabi-based AI champion developing innovative solutions for the energy sector, and Kent, a leading global engineering and digital solutions provider, have signed a Strategic Collaboration Agreement to explore advanced artificial intelligence (AI) applications in engineering optimization and digital transformation.

Announced at ADIPEC 2024, this interaction seeks to harness AIQ’s state-of-the-art technology alongside Kent’s digital engineering and...

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Minister of Petroleum and Mineral Resources, Karim Badawi, announced that the Ministry’s strategy of accelerating production and addressing challenges has yielded positive results. He highlighted that preliminary figures indicate an increase in production by 200 million cubic feet per day (mmcf/d) of natural gas and 39,000 barrels per day (bbl/d) of oil between July and October 2024.

This statement was made during his address at a meeting organized by the American Chamber of Commerce (AmCham) in Cairo, chaired by Eng. Tarek Tawfik. The event was attended by key figures from the...

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This marks the first discovery in this area in 2024, aside from a previously drilled appraisal well.

Equinor has announced the discovery of oil and gas near the Fram field in the North Sea, estimated at 13–28 million barrels of oil equivalent.

The exploration well, with a sidetrack, was drilled approximately 10km north of the...

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Ms Verheijen noted that in deepwater gas, Nigeria has moved from a total absence of a fiscal framework to having one for the first time in history.

The presidency says Nigeria’s deepwater oil projects now deliver competitive returns, and the country has moved from the bottom quartile of 13 indexed countries to the top three.

Olu Verheijen, the special adviser to President Bola Tinubu on energy, disclosed this in a keynote address at an executive session of the...

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TAQA, an international company headquartered in Dharan, Saudi Arabia, and Abu Dhabi, United Arab Emirates, offers leading well solutions for the energy industry, has introduced its next-generation inflow control system, enabling operators to optimize reservoir performance while sustainably managing fluid production.

The M4 Inflow Control System dictates the flow of the undesired fluid (water and gas) and avoids any binary (open/close) effect that can result in instability - or worse - stop production. The M4 Inflow Control System excels in controlling water in ultra-light and light applications and enhances gas production control, providing stability and flexibility in diverse reservoir conditions.

The M4 Inflow Control System technology incorporates an advanced pilot control system that...

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