In The Spotlight
The oil and gas sector will continue to be an important mainstay of UAE-based conglomerate Al Masaood, according to Group Industrial CEO Hani El Tannir
Speaking to Oil Review Middle East, El Tannir said, “Our response to the requirements of the energy sector in general, including end users and their EPCs, is still very much centre stage – but we’re evolving with the industry.
“We are doing a lot more in terms of value addition locally, managing in detail the process with the client on the one hand and the supplier on the other. Value addition is the name of the game for us,” he said.
The Group’s products and services are evolving and diversifying as well, with a stronger focus on services and tailored solutions in terms of engineering, manufacturing and integration, alongside traditional activities such as Rotary Equipment, filtration equipment and workshop equipment supply. Al Masaood’s Projects and Engineering Services (PESD) division offers comprehensive solutions across sectors including asset integrity management (a critical need in the UAE where 80% of oil and gas and power equipment is more than 30 years old), specialised site services and advanced engineering.
Furthermore, through its strategic alliances with global brands, Al Masaood PESD is able to deliver complete turnkey DBOOM (Design, Build, Own, Operate, Maintain) packages for compressors, allowing the integration of compressors and sustainable technologies across diverse energy applications.
El Tannir stressed the company’s focus on environment-friendly products and recycling and the importance of good materials management, adding that, while a large proportion of materials still comes from abroad, the focus on local manufacture means better control of the supply chain, as well as preparing the base for future generations to join the workforce.
PESD has ongoing collaborations with 12 major brands, including KSB, Chart, Man Energy Solutions, QuartzElec, and Hengst, all contributing innovations aligning with the company’s commitment to sustainability.
Cutting-edge advancements
At ADIPEC this year, Al Masaood’s PESD division anchored the Group’s presence, showcasing cutting-edge advancements in areas such as LNG, hydrogen and carbon capture, reflecting the company’s commitment to sustainability and innovation and aligning with the country’s net zero by 2050 pledge. They include modular LNG liquefaction and storage solutions, developed in collaboration with Chart Industries, and compact and energy-dense liquid hydrogen storage solutions, offered through its collaboration with Chart and Howden, which eliminate the need for high-pressure cylinders and prioritise safety and efficiency. While advanced carbon capture, utilisation and storage (CCUS) technologies are offered through its partner MAN Energy Solutions, enabling companies to reduce their CO2 emissions.
Also, within ADIPEC, Al Masaood showcased its specialist manufacturing for the Energy Sector, and introduced its regional agreement with NIDEC Power, covering motors and alternators. Al Masaood Motor Tech Services is already executing works for various end users and EPCs in the region.
In 2025, Al Masaood plans to expand its innovative and value-added services for the regional market.
El Tannir added, “We will continue to be a strong pillar for the energy market, as we know the future demands and requirements. The energy sector is critical, technology innovations and sustainability are needed, and we are the company to meet this need. To this end, we are joining hands with many more companies to bring such solutions to the local market.”
Following the launch of the Oil & Gas Decarbonization Charter (OGDC) at COP28, oil and gas companies are accelerating efforts to track, monitor and control their methane emissions
Eni has been awarded “Gold Standard reporting” of the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) for its commitment to reporting emissions at the highest data quality levels. OGMP 2.0 is an initiative of the United Nations Environment Programme’s International Methane Emissions Observatory, aimed at setting the global standard for methane accountability and transparency in the oil and gas sector as a necessary step to effectively track and target mitigation with measurement-based data. Eni has been awarded “Gold Standard reporting” for having effectively reached highest data quality levels.
Eni has set itself the goal to reach near zero methane emissions by 2030, in line with the OGDC objectives, and has more than halved methane emissions between 2018 and 2023. Eni’s Upstream methane intensity of 0.06% in 2023 places the company among the leaders in the sector. A founding member of the UNEP Oil & Gas Methane Partnership (OGMP), the Oil and Gas Climate Initiative (OGCI) and Methane Guiding Principles (MGP), the company is signatory to the OGDC as well as the Global Flaring and Methane Reduction trust fund (GFMR), an initiative launched by the World Bank to support governments and operators in developing countries to eliminate routine flaring and reduce methane emissions from the O&G sector to near zero by 2030. Eni has also signed collaboration agreements with National Oil Companies (NOCs) aimed at sharing its industry-leading experience in methane management to enable methane reduction across the sector.
Meanwhile TotalEnergies, which is also aiming for near-zero methane emissions by 2030, has announced that the company is going a step further in the monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment at all of its operated Upstream sites, enabling real-time identification of methane emissions, both fugitive and stationary, and immediate corrective actions to stop them. This continuous detection plan will be fully implemented by end-2025 and will use existing and proven technologies such as loT2 sensors, InfraRed cameras, flowmeters and Predictive Emissions Monitoring Systems on combustion sources.
The company will meet as soon as this year its target to reduce emissions by 50% compared to 2020, a year ahead of plan as a result of numerous initiatives, including the successful deployment of its AUSEA drone campaigns.
“Slashing methane emissions is a short-term priority to contribute to the fight against climate change. Continuous, real-time detection will enable our operators to act in an even more decisive manner in order to reduce our methane emissions and to repair leaks to achieve our near-zero methane emissions ambition. As a champion of the Oil & Gas Decarbonization Charter (OGDC), I am proud that TotalEnergies is leading the way in deploying such equipment at large scale and we will continue to work with the industry to share best practices in measuring and fighting methane emissions”, said Patrick Pouyanné, chairman and CEO of TotalEnergies.
See also https://oilreviewmiddleeast.com/energy-transition/positive-progress-towards-ogdc-goals
SAMSUNG E&A has been awarded a contract with Ras Laffan Petrochemicals (RLP) for the Qatar RLP Ethylene Storage Plant, to be executed as a joint venture with CTCI of Taiwan
The total contract amount of the project is around US$418mn, with SAMSUNG E&A's share being about US$215mn, and the contract period is estimated to be 34 months. The client, Ras Laffan Petrochemicals, is a joint venture between Qatar Energy, Qatar's state-run energy company, and a subsidiary of Chevron Phillips Chemical Company LLC.
This project includes the construction of a 30,000-metric-ton ethylene storage facilities and associated utility infrastructure at an industrial complex in Ras Laffan, 80 km north of Doha, Qatar's capital. It is located within the same complex as the RLP ethylene project awarded to SAMSUNG E&A and CTCI in 2023 and is currently under execution. Its purpose is to store ethylene during the plant's maintenance and repair periods, ensuring availability in case of an emergency, while allowing flexible handling of ethylene from both upstream and dowonstream suppliers. SAMSUNG E&A is responsible for the engineering, procurement, and construction (EPC) of key equipment, including 30,000 metric ton storage tanks, compressors, and pumps.
The joint venture plans to deliver exceptional schedule management for the client by applying innovative strategies in project execution. This includes a pioneering approach to procurement, with key equipment and materials being purchased before the engineering process is finalised.
Hong Namkoong, president and CEO of SAMSUNG E&A said, “As we have secured a linked order with Ras Laffan Petrochemicals, we will successfully carry out the project based on our performance experience and innovation strategy and strengthen our position in the Qatari market.”
Michael Yang, chairman of CTCI, said, “We appreciate Ras Laffan Petrochemicals’ continued trust in offering this opportunity to our team. We will continue to deliver high-quality engineering and safety management to ensure the project is completed on time and up to standard.”
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ADIPEC 2023 - Exclusive interview - Dr Leonhard Ganzer, MD, UEST
UEST (Underground Energy Storage Technologies) is a strategic partnership of the HOT Energy Group, the ILF Group, RED Drilling & Services and CAC Engineering. The consortium empowers Energy leaders by providing strategic advice and delivering high-end solutions in underground storage for natural gas, carbon dioxide, hydrogen storage and geothermal energy. Watch the interview and learn more about global trends in underground energy and UEST.
ADIPEC 2023-Exclusive interview-Kim Sadler & Gerardo Haro-Valdez, Saga PCE
Kim Sadler, Regional Director Middle East & Africa and Gerardo Haro-Valdez, Operations & Engineering Manager, SAGA PCE, discuss the expansion of the company's product range, prospects for business in the Middle East and the focus on quality, service and innovation.
ADIPEC 2023 - Exclusive interview - Ing. Florian Kistl, Head of Sales, CS Combustion
Ing. Florian Kistl, Head of Sales at CS Combustion Systems GmbH, discusses applications for the company's tailor-made burner systems, prospects for the development of its business in the Middle East, new products under development and how it is helping its clients to reduce their emissions.
QatarEnergy is expanding its international upstream footprint with the acquisition of additional interests in Namibia
QatarEnergy has signed an agreement with TotalEnergies to acquire an additional 5.25% interest in block 2913B (PEL 56) and an additional 4.695% interest in block 2912 (PEL 91), in the Orange Basin, offshore Namibia.
Subject to customary approvals, QatarEnergy’s participating interests in both licenses will increase to 35.25% in block 2913B and 33.025% in block 2912. TotalEnergies (the operator) will hold 45.25% in block 2913B and 42.475% in block 2912. The two blocks are located around 300 km offshore Namibia, in water depths ranging from 2,600 to 3,800 m.
The other partners in the two licenses are Impact Oil & Gas, holding 9.5% in each of the two licenses and the National Petroleum Corporation of Namibia “NAMCOR”, which holds10% in block 2913B and 15% in block 2912.
His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the president and CEO of QatarEnergy, said, “We are pleased to expand QatarEnergy’s footprint in Namibia’s upstream sector. This agreement marks another important step in working collaboratively with our partners towards the development of the Venus discovery located on block 2913B.”
NMDC Group (ADX: NMDC), the Abu Dhabi based EPC focusing on the dredging, marine and energy sectors, is broadening its offering with the establishment of a new business unit, NMDC LTS, which will focus on logistics and technical services
Building on NMDC Group’s experiences and capabilities in the logistics and technical services sector, NMDC LTS will own and/or operate NMDC Group’s significant resource pool of marine support craft, technical capabilities, plant and equipment to expand its services to the wider construction and industrial sectors.
Eng. Yasser Zaghloul, CEO of NMDC Group, said, “NMDC LTS will be a trusted platform that gives new partners access to one of the biggest construction logistics and technical services operators in the region and enable them to gain the benefits of efficiency, innovation, and service focused delivery that NMDC Group has built over the decades of success. We look forward to continuing to work with our current partners in this exciting next phase of NMDC Group’s growth, and to take our expertise and offering to new clients and markets.”
Peter Marvin, chief technical & resources officer of NMDC LTS added, “The delivery of EPC projects in the marine sector has unique challenges, requiring innovative solutions to enable the logistics and technical support necessary to build the infrastructure that our customers and partners need for their sustainable growth. Over decades NMDC Group has consistently proven its expertise, capability and capacity in this field delivering maritime and energy infrastructure around the world. NMDC LTS will take these strengths and expand its application to new customers, partners and industrial sectors through value-added collaboration and seeking to translate our extensive capabilities to meet their needs beyond the delivery of infrastructure. NMDC LTS is uniquely positioned to maximise the potential of this diversification into the logistics and technical services sectors.“
NMDC Group’s other business units are NMDC Dredging & Marine, NMDC Energy, NMDC Engineering and NMDC Construction.
SAMSUNG E&A has been awarded a contract with Ras Laffan Petrochemicals (RLP) for the Qatar RLP Ethylene Storage Plant, to be executed as a joint venture with CTCI of Taiwan
The total contract amount of the project is around US$418mn, with SAMSUNG E&A's share being about US$215mn, and the contract period is estimated to be 34 months. The client, Ras Laffan Petrochemicals, is a joint venture between Qatar Energy, Qatar's state-run energy company, and a subsidiary of Chevron Phillips Chemical Company LLC.
This project includes the construction of a 30,000-metric-ton ethylene storage facilities and associated utility infrastructure at an industrial complex in Ras Laffan, 80 km north of Doha, Qatar's capital. It is located within the same complex as the RLP ethylene project awarded to SAMSUNG E&A and CTCI in 2023 and is currently under execution. Its purpose is to store ethylene during the plant's maintenance and repair periods, ensuring availability in case of an emergency, while allowing flexible handling of ethylene from both upstream and dowonstream suppliers. SAMSUNG E&A is responsible for the engineering, procurement, and construction (EPC) of key equipment, including 30,000 metric ton storage tanks, compressors, and pumps.
The joint venture plans to deliver exceptional schedule management for the client by applying innovative strategies in project execution. This includes a pioneering approach to procurement, with key equipment and materials being purchased before the engineering process is finalised.
Hong Namkoong, president and CEO of SAMSUNG E&A said, “As we have secured a linked order with Ras Laffan Petrochemicals, we will successfully carry out the project based on our performance experience and innovation strategy and strengthen our position in the Qatari market.”
Michael Yang, chairman of CTCI, said, “We appreciate Ras Laffan Petrochemicals’ continued trust in offering this opportunity to our team. We will continue to deliver high-quality engineering and safety management to ensure the project is completed on time and up to standard.”
Halliburton has introduced the Intelli suite of diagnostic well intervention wireline logging services, which can help operators benefit from improved well insights, extended asset life, and reduced total cost of operations
The Intelli suite of services can be used separately or as a package. In the latter case, it acquires data in a single run, saving time and costs. The Intelli suite consists of the following services:
The IntelliSat pulsed-neutron logging service provides reservoir insights either in open hole or after a well is completed. It improves recovery with the detection of bypassed pay, and provides spectroscopy and KUTh measurements. The IntelliSat service delivers a more robust and efficient method of reservoir saturation measurement, fluids monitoring, and borehole diagnostics compared to legacy sensors.
The IntelliFlow array production logging service enhances reservoir insights with the incorporation of co-located fluid ID and flow rate sensors. IntelliFlow provides more accurate production profiles, precision phase analysis, and dynamic flow information. The compact design allows for a simpler, more efficient operation.
The IntelliGuard corrosion evaluation service represents the latest generation of high-definition casing inspection technology. It quantifies metal loss in up to seven concentric casings, and pinpoints damage without the need for costly well intervention.
The IntelliScope leak and flow diagnostic service identifies precise leak sources and flow paths vertically and radially behind pipe in a single, continuous pass.
“As customers look to maximise production and improve the efficiency of their wells, our Intelli suite helps improve downhole insights in a highly customisable way. Because each job is unique, we wanted to develop a suite of products that could be used individually, or as an integrated solution, ultimately, delivering a better experience and result for our customers,” said Chris Tevis, vice president of Wireline and Perforating.
The offshore operations landscape is evolving at an unprecedented pace, making it crucial to keep up with advancements in efficiency and sustainability.
Oil Review Middle East is hosting an exclusive webinar on 20 November at 2pm GST, entitled ‘The future of offshore operations: innovation, efficiency and sustainability’. It will bring together industry leaders and experts to explore the latest trends in offshore operations, focusing on groundbreaking innovations that are driving sustainable and efficient practices. One of the highlights will be a presentation on SAFEEN Green—a revolutionary unmanned surface vessel (USV) shaping the future of the offshore industry.
Key highlights:
Offshore trends: expert insights into industry shifts and sustainability influences
Complex challenges: addressing the environmental and resource-focused dynamics shaping operations
AD Ports Group vision: discover how SAFEEN Green is setting new benchmarks for sustainable operations
Innovation in SAFEEN Green: A closer look at the groundbreaking technology behind this transformative USV.
Practical insights: Learn strategies to boost efficiency and encourage responsible practices in offshore work.
Speakers are Erik Tonne, managing director and head of market analysis, Clarksons Platou; Tarek Al Marzooqi, CEO, SAFEEN Subsea, AD Ports Group; and Ronald J Kraft, CTO, Sovereign Global Solutions ME and RC Dock Engineering BV.
Don’t miss out on this opportunity to gain exclusive insights into the future of offshore operations!
Register here
The geopolitics and energy transition nexus was the focus of the Energy Intelligence Forum which took place from 25-27 November in London
The Forum provided a platform for energy leaders to debate and shape sustainable solutions to the energy challenges of the 21st century and explore collaborative solutions for industrial decarbonisation. Energy leaders explored the potential impact of industrial policy, geopolitical competition, and Trump’s election on these industries.
The event highlighted the urgent need for innovation in carbon removal technologies to mitigate rising greenhouse gas emissions. Temperatures will rise by 1.5°C in the next 10 to 15 years, according to Dr. Hoesung Lee, the sixth chair of the Intergovernmental Panel on Climate Change (IPCC) and winner of Energy Intelligence’s Energy Economist of the Year. “Global emissions must peak by 2025, but this won’t happen.”
Efforts to decarbonise the industry were a key focus, with hydrogen, electrification, carbon capture, and nuclear are all competing to be the top solution for energy-intensive sectors like steel, chemicals, shipping, and aviation. According to Anne-Laure de Chammard, executive board member at Siemens Energy, there is a still a long way to go on this front. “Sectors with clear targets and incentives are progressing faster than those without clear signals,” she noted, adding that small modular reactors can play a key, timely, role to provide electricity for the expanding demand of data centres around the world. “You can build one in roughly one year.”
BP Plc CEO Murray Auchincloss was hopeful that that onshore wind developments in the US could be accelerated, following promises from the President-Elect to curb regulations.
“We think it [the Trump presidency] is a strong chance to help the US get back to putting construction forward, getting regulatory reform in place, and getting faster permitting and really allowing construction to move forward. That's what we're most hopeful for, because the US has been struggling in that space,” Auchincloss commented.
Darren Woods, chairman & CEO of ExxonMobil, was awarded Energy Intelligence’s 2024 Energy Executive of the Year for leadership in growth and innovation, including the acquisition of Texas-based oil and gas exploration and production company Pioneer, and advancements in carbon capture, hydrogen, and lithium.
TotalEnergies was awarded the 2024 Energy Innovation Award in recognition of its commitment to the energy transition, having invested over US$70bn in low-carbon initiatives since 2015 and ambitiously working to reduce Scope 1, 2, and 3 emissions.
Lara Sidawi Moore, deputy CEO and chairperson of the Executive Committee of Energy Intelligence commented, “Our choices now, we hope, will help to craft a unified framework to provide energy security, stability, and prosperity to future generations. We urgently need greater foresight, collaboration, and determination to help drive the world toward a more sustainable, resilient, and secure energy future.”