In The Spotlight
ADNOC Drilling recorded the strongest performance in its history. (Image source: ADNOC Drilling)
ADNOC companies have announced strong 2025 results, reflecting growth across the value chain from upstream development to logistics and distribution, as well as international expansion, capital discipline and the harnessing of new technologies
ADNOC Drilling recorded the strongest performance in its history, reflecting continued growth across integrated drilling and oilfield services (“OFS”), and driven by sustained rig utilisation, strong operational execution across the fleet, resilient long-term contracts and accelerated adoption of AI-powered technologies. Revenue was up 22% to US$$4.9bn year on year, with net profit up 11% to US$1.45bn.
Oilfield Services (OFS) revenues grew particularly strongly, by 80%, to US$1.46bn, on the back of increased activity volume, driven by higher IDS activity and additional discrete services, coupled with the growing year-on-year contribution from unconventional business. OFS is a core pillar of the company’s growth strategy, with the UAE and wider GCC representing some of the most attractive and strategically important markets for integrated energy services.
Abdulla Ateya Al Messabi, ADNOC Drilling CEO said, “2025 was a defining year for ADNOC Drilling. Our record-breaking results were delivered by our people, whose discipline, innovation and commitment to operational excellence and safety underpin every milestone we achieve. Our resilience as a business, built on strong systems, disciplined operations and the ability to adapt at pace, continues to reinforce our competitive strength.
“Through execution excellence, technology led efficiency and a disciplined approach to capital allocation and operations, we continue our transformation into the region’s most advanced energy services company. By expanding across the GCC, pioneering AI driven operations and setting new benchmarks in sustainability, we are unlocking value and helping power the UAE’s energy future. This is just the beginning of a new era of growth, innovation and impact.”
The company comments that the forward outlook remains strong, with growth in 2026 expected to be driven by accelerated IDS deployment, incremental OFS scope awards, and continued AI-driven efficiency gains, as well as further progress in ADNOC’s long-term upstream and unconventional development plans. Sustained development in both unconventional and conventional drilling is expected, the latter including six new island rigs scheduled for delivery between 2026 and 2028. This is complemented by ongoing expansion in OFS and attractive regional growth avenues. ADNOC Drilling aims to deploy approximately 70 IDS rigs by the end of 2026, reinforcing its operational scale and future OFS earnings visibility.
ADNOC Gas meanwhile recorded income of US$5.2bn, a 3% increase compared to 2024, despite a 14% drop in the oil price. This was primarily driven by the strength of its domestic gas business where its EBITDA was up 10% on sales volume growth of 4% year-on-year (YoY) and improved commercial terms.
Capital expenditure at US$3.6bn increased by a staggering 98% in 2025 as several major projects progressed. These included phase one of the RGD project, which expands domestic gas processing capacity and increases production of export-traded liquids from new, richer gas supplies. Work is also advancing on the ADNOC Estidama gas-pipeline project, which aims to enhance access for industrial and utility customers in the Northern Emirates.
Looking ahead, ADNOC Gas expects to capture continued domestic demand growth beyond 2026, supported by strategic infrastructure investments, including the ADNOC Estidama gas pipeline project, which will expand access to the Northern Emirates and reinforce the UAE’s long term objective of achieving gas self sufficiency. The Final Investment Decision (FID) for phases two and three of the Rich Gas Development (RGD) project is anticipated in the first quarter of 2026. This expansion, benefiting from the growth of ADNOC’s upstream operations, is one of the critical projects to enable ADNOC Gas by 2029 to expand its overall capacity by 30%.
Fatema Al Nuaimi, chief executive officer of ADNOC Gas, said, “2025 was a defining year for ADNOC Gas. We delivered record earnings while investing in growth, demonstrating that our business is resilient, scalable, and globally relevant. As demand for reliable delivery of gas continues to expand, ADNOC Gas is strategically positioned to serve both the UAE and international markets with confidence and discipline.”
ADNOC Logistics & Services saw revenues rise 41% YoY to US$5,016mn and net profit up 14% YoY to US$863mn, driven by favourable market demand, strong operational execution and the continued expansion across the company’s core and growth segments.
Integrated Logistics, the largest segment within ADNOC L&S saw revenues rising 11% YoY to US$2,529mn, driven by robust market demand and sustained momentum across key business lines. The shipping sector, despite challenging market conditions, saw revenue increase by 122% to US$2,125mn, reflecting the successful integration of Navig8, followed by the rapid integration of its 32 vessel fleet and the adoption of advanced commercial and digital capabilities. The acquisition of Navig8 added commercial scale, strengthened ADNOC L&S’ revenue profile, and improved access to global energy and commodities flows.
Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said, “2025 was a pivotal year for ADNOC L&S. We further enhanced our customer centricity, achieved record financial results and created significant value for our shareholders. ADNOC L&S grew across all segments, diversified into new verticals and accelerated its international expansion. With the acquisition of Navig8, we elevated ADNOC L&S from a regional powerhouse to global sector leadership.”
ADNOC Distribution also put in a strong performance in 2025.
The agreement relates to exploration in Oman's offshore Block 18. (Image source: Adobe Stock)
PC Oman Ventures Ltd (PCOVL), a subsidiary of PETRONAS, has signed a Concession Agreement with the Government of the Sultanate of Oman and OQ Exploration and Production Batinah Offshore LLC (OQEP) for the exploration of oil and gas in Block 18
Block 18 is a large offshore exploration area located in Northeast Oman, spanning more than 21,000 sq km and offering significant frontier exploration potential across diverse geological settings, from shallow to ultra-deep water. Under the concession agreement, PCOVL will become operator of Block 18 in partnership with OQEP.
PCOVL has been active in the Sultanate of Oman since 2018 and currently holds a participating interest in Block 61. This collaboration builds on the Memorandum of Understanding (MoU) signed between PETRONAS and OQEP in October 2025, strengthening the strategic partnership between both companies and reinforcing PETRONAS’ long-term presence in the Sultanate of Oman.
The partnership supports PETRONAS’ aspiration to enhance its competitive upstream portfolio by aligning its offshore exploration capability with OQEP’s regional expertise, laying the foundation for a mutually beneficial venture.
"Building on our technical strengths and successes, PETRONAS continues to expand its exploration activities into new frontiers. Through our innovative exploration approaches and OQEP’s basin expertise, we aim to jointly unlock the potential of Block 18, contributing to Oman’s long-term energy security. The addition of Block 18 aligns with our commitment to disciplined portfolio expansion, providing strategic optionality across our international portfolio," said Mohd Redhani Abdul Rahman, vice president of International Assets, PETRONAS.
The partnership will help Aramco to accelerate industrial AI adoption. (Image source: Adobe Stock)
Aramco and Microsoft are building on their long-standing collaboration with an agreement that will help Aramco accelerate industrial AI adoption, enhance digital capabilities, and strengthen workforce development in Saudi Arabia as part of its broader digital transformation
Key areas of focus include:
• Digital Sovereignty and Data Residency: Exploring the development of a roadmap for deploying solutions on the Microsoft cloud, enhanced with sovereign controls to further Aramco’s digital sovereignty objectives
• Operational Efficiency & Digital Infrastructure: Discussing streamlining and optimising digital frameworks that support Aramco’s global operations
• Industry Alliance Framework: Scoping possible engagements with Saudi Arabia’s technology integrators and industry collaborators to broaden the adoption of AI across the industrial value chain in the Kingdom
• Industrial AI IP co-innovation: Exploring the establishment of a global marketplace for innovative industrial AI solutions by co-developing and commercialising operational systems for the energy sector that set new standards of excellence and promote Saudi expertise internationally within the industry.
Aramco and Microsoft are also exploring initiatives to help accelerate digital and technical skills development across the Kingdom, including building capabilities in AI engineering, cybersecurity, data governance, and product management. Microsoft is already training thousands of Saudi learners across cloud, AI, and data programmes.
Ahmad O. Al Khowaiter, Aramco executive vice president of Technology & Innovation, said: “Aramco is driving the energy sector’s digital transformation by creating a secure, intelligent, and collaborative digital ecosystem. In partnership with Microsoft, we seek to further scale cutting-edge digital and AI solutions in that sector to achieve efficiency and innovation — without compromising the highest standards of security and governance.”
Brad Smith, vice chair and president of Microsoft, said, “This marks the next step in our long-standing collaboration with Aramco, exploring how industrial AI can move from pilots into core operations to improve efficiency and resilience at scale. Our focus is on building strong foundations – sovereign-ready digital infrastructure, trusted governance, and the skills needed for responsible industrial AI adoption.
"As a global industry leader, Aramco has the opportunity to set a reference for large-scale, responsible industrial AI transformation aligned with Saudi Arabia’s Vision 2030.”
See more on Aramco’s AI innovation here: https://oilreviewmiddleeast.com/magazines/orme_2025_12_22/spread/?page=22
https://oilreviewmiddleeast.com/technical-focus/aramco-highlights-its-ai-leadership-at-world-economic-forum
The XTR CS injection system. (Image source: Halliburton)
Halliburton has launched the XTR CS injection system, a wireline-retrievable safety valve solution engineered for CO₂ injection in carbon capture, utilisation, and storage (CCUS) wells
Operators face unique challenges in CCUS environments, including ultra-low temperatures and the need for reliable flowback prevention. The system addresses these challenges with a depth-insensitive design that can be installed at any point in the wellbore, delivering reliable performance with high injection rates and smooth flow. This eliminates concerns about hydraulic fluid mobility and reduces planning complexity.
The system can be used as a primary or contingency safety valve or as a deep-set reservoir fluid-flowback prevention device. Unlike traditional surface-controlled wireline valves, the XTR injection system’s non-elastomeric design helps minimise leak paths and eliminate reliance on hydraulic operation systems. This system remains at steady performance at any setting depth, to simplify operations and inventory management.
A large flow area, combined with low opening pressure, promotes smooth flow and supports high injection rates with minimal pressure drop. The proprietary anti-throttling mechanism helps keep the valve fully open during injection, reducing wear and extending service life. The self-cleaning design incorporates integrated bypass ports and optimised poppet geometry to minimise debris buildup and erosion. For added flexibility, wireline retrievability allows easy retrieval and replacement, supporting contingency planning when needed.
The valve features an anti-chatter mechanism to extend service life while meeting API 14A standards for safety and compliance.
The rigorous CS qualification programme ensures the system’s operational integrity and ability to withstand harsh CCUS environments.
The injection system can be tailored for specific injection media and fluid properties, offering low opening force, minimal pressure drop, and a wide range of injection rates. To extend operational life, high-velocity flow is directed away from seal areas, and a novel anti-throttle feature reduces valve wear, maximising system reliability.
Maxime Coffin, vice president, Halliburton Completion Tools said, “The XTR CS injection system expands Halliburton’s Completion Tools technology leadership in low-carbon technology solutions, allowing operators to maximise CCUS well performance. This technology helps ensure reliability and flexibility in harsh environments, allowing operators to inject CO₂ efficiently and safely.”
There is strong international interest in Libya's exploration potential. (Image source: Adobe Stock)
Libya’s NOC has announced the winners of the latest oil exploration bidding round, launched in February 2025, which offered 20 blocks for investment, both onshore and offshore
They include the USA’s Chevron; a consortium of Eni and QatarEnergy; a consortium of Repsol and state-owned Türkiye Petrolleri A. O. (TPAO), a consortium of Hungary’s MOL, Repsol and TPAO; and Nigeria’s Aiteo.
The licensing round was Libya’s first for eighteen years and attracted more than 40 bids, signalling growing international interest in Libya’s largely untapped hydrocarbon potential. Only five blocks out of the 20 offered were awarded.
Chairman of NOC Engineer Masoud Suleiman highlighted that the success of this round, conducted with the highest standards of quality and transparency, marks a significant turning point in the development of the Libyan oil sector. He noted that it will double Libya’s crude oil production, leading to an economic revival that aims to steer the country toward stability and prosperity, while also safeguarding Libya’s crude oil reserves for future generations.
He stressed that the success of this round also signified the restoration of the world’s confidence in Libya, which will in turn have a positive impact on the Libyan economy.
Chevron, through its subsidiary Chevron Business Development EMEA Ltd won Contract Area 106 located in the Sirte Basin, marking its entry into Libya. In January, Chevron separately signed an MoU with NOC in Tripoli to evaluate the development and exploration potential onshore Libya.
"Chevron is excited to enter Libya with the award of onshore Contract Area 106, which underscores our focus on North Africa and the Eastern Mediterranean region, and is a good fit in our exploration strategy to grow our portfolio with high-quality acreage and high impact prospects," said Kevin McLachlan, vice president of Exploration at Chevron.
"Libya has significant proven oil reserves and a long history of producing its resources. Chevron is confident that its proven track record in developing oil and gas projects and its technical expertise gives it the ability to support Libya to further develop its resources."
A consortium led by Eni (60%) in partnership with QatarEnergy (40%) has been awarded the offshore exploration License O1, which covers approximately 29.000 sq km in the offshore extension of the prolific Sirte Basin. It offers notable exploration potential, including wide areas without 3D seismic coverage that could host additional hydrocarbon accumulations. The block also features various hydrocarbon indications, including stranded oil and gas discoveries.
Under the terms of the agreement, Eni will operate the concession, with the consortium holding a 100% stake during the exploration and development phases. The partners plan to conduct 2D/3D seismic acquisition and drilling activities over the first five-year exploration period.
Eni sees the award as “a significant step forward in strengthening Eni’s upstream position in the country”. Eni has been active in Libya since 1959, with equity hydrocarbon production of approximately 162,000 barrels of oil equivalent per day in 2025.
For QatarEnergy, the licence marks its entry into Libya’s upstream sector.
His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the president and CEO of QatarEnergy, said, “We are pleased to be awarded this exploration block and enthusiastic about the prospects of Libya’s offshore upstream sector and about expanding our upstream footprint in North Africa.”
A consortium of Repsol (operator with 40% share), state-owned Türkiye Petrolleri A. O. (TPAO) with a 40% share and Hungary’s MOL Group (20%) won the 07 offshore block which covers more than 10,300 sq.km in water depths exceeding 1,500m, located approximately 140 km northwest of Benghazi. Its deepwater setting aligns with the consortium’s extensive offshore experience, according to a statement from MOL.
The deal sees the entry of MOL into Libya, and follows the signing of a strategic partnership between MOL and Libya’s NOC. That agreement outlines plans for joint work across several key areas, including hydrocarbon exploration and production, technological and field development innovations, as well as crude supply, trading, and oilfield services opportunities in Libya.
Nigeria’s Aiteo won the M1 block in the Murzuq Basin, while Repsol and TPAO also won the onshore C3 block in the northeastern Sirte Basin.
Libya’s oil production currently stands at around 1.3mn bpd. NOC aims to produce 1.6mn bpd by the end of 2026, rising to 2mn bpd in the medium term, and sees the participation of international companies as crucial to achieving its growth plans.
GCC countries are realigning domestic energy systems. (Image source: Adobe Stock)
The Middle East and North Africa (MENA) is set to become the world’s largest hydrogen exporter by 2060, while maintaining a dominant position in global oil and gas markets, according to DNV’s Oil & Gas Decarbonization in the Gulf Region report
The report highlights how Gulf Cooperation Council (GCC) countries are cutting the emissions intensity of their core oil and gas production while continuing to play a central role in global energy supply, presenting a picture of a region approaching the energy transition from a position of confidence and capital strength. Reductions in emissions intensity are occurring alongside continued hydrocarbon production and investment across renewables, electrification, hydrogen, methane abatement, digitalization, and carbon capture.
Since 2005, the GCC has produced nearly 18% of global oil and gas, a share expected to increase as investment continues in low-cost, advantaged resources. As global energy demand increasingly shifts toward Asia, the region’s location and cost competitiveness strengthen its position as a preferred supplier. At the same time, decarbonization measures are becoming an integral part of long-term competitiveness.
“The global energy transition will not progress at the same pace across regions, nor will it follow a single pathway,” said Brice Le Gallo, vice-president & regional director for Southern Europe, MEA & LATAM, Energy Systems at DNV. “In the Middle East, oil and gas remain central to economic stability and global energy security. The key challenge is to reduce their emissions footprint while accelerating investment in the technologies needed for a lower-carbon energy system.”
Electrification is being used to cut Scope 2 emissions from pumps, compressors, and offshore facilities, through grid connections, renewable power, and hybrid solutions. These efforts are supported by energy-efficiency measures and the use of digital tools and artificial intelligence to optimise drilling, reservoir management, and asset operations, reducing energy intensity and emissions per barrel produced.
Methane reduction remains one of the most immediate and cost-effective options for lowering emissions. Across the GCC, routine flaring is planned to be phased out by 2030 and leak detection and repair (LDAR) programmes are increasingly standard. National oil companies are also aligning with international methane initiatives, enabling continued production growth while reducing methane intensity in line with national net-zero targets.
GCC countries are realigning domestic energy systems to reduce oil and gas use domestically and free up volumes for export and low-carbon fuel production. Growth in renewables, electrification of transport and buildings, and efficiency gains are driving this shift. Investment in downstream industries, petrochemicals, and low-carbon fuels is also changing export profiles, moving beyond crude oil toward higher-value and lower-carbon energy products.
With access to low-cost natural gas, strong solar resources, and established industrial and export infrastructure, the region is well placed to scale both low-carbon hydrogen (produced from natural gas with carbon capture) and renewable hydrogen produced through electrolysis. By 2060, the Middle-East and North Africa region is projected to produce around 19 million tonnes of hydrogen and 13 million tonnes of ammonia per year, exporting about 50%, mainly toward Europe and advanced Asian economies.
“Hydrogen, ammonia, and carbon capture are becoming core elements of the GCC’s energy export model,” said Jan Zschommler, market area manager for the Middle East, Energy Systems at DNV. “As emissions requirements tighten, access to international markets will increasingly depend on carbon intensity. Integrating hydrogen production with renewable power, carbon capture, and existing industrial clusters allows the region to remain competitive while meeting these requirements.”
Carbon capture, utilization and storage (CCUS) is also set to grow. In January 2026, the UAE's Supreme Council for Financial and Economic Affairs has introduced Carbon Capture Policy as a further commitment to meeting their carbon reduction targets. Captured CO₂ volumes (including CO₂ removal) are expected to reach around 250 million tonnes per year by 2060, equivalent to roughly 8% of regional energy-related and industrial emissions.
Bioenergy with carbon capture (BECCS) and direct air capture (DAC) combined are expected to remove around 81 million tonnes of CO₂ per year by 2060, helping to offset emissions from sectors that are more difficult to decarbonise.
The full report is available at https://www.dnv.com/energy-transition-outlook/oil-and-gas-decarbonization-in-the-gulf-region/
The oil and gas sector is facing mounting pressure on its talent pipeline. (Image source: Adobe Stock)
The Middle East shares the top spot with Europe as a preferred destination for energy professionals to relocate to, according to the 2026 Global Energy Talent Index (GETI) report, produced by Airswift and supported by Energy Jobline
While the report indicates a decline in global mobility, the Middle East and Europe are seen as the most attractive destinations with 25% each, while Asia has remained steady at 16%.
Jayden Wallis, president ASPAC & Airswift Resourcing at Airswift commented, “The Middle East is investing trillions of dollars to diversify their economies and are lowering barriers to entry so that organisations can secure the talent they need to deliver an ambitious pipeline of projects.”
The 2026 GETI findings show that the oil and gas sector is facing mounting pressure on its talent pipeline, as an ageing workforce, slowing salary growth and a declining willingness to relocate makes it difficult for hiring managers to retain existing talent and attract professionals.
Key findings
Key insights include:
• Nearly half of the workforce (48%) is now aged over 45, while just 19% is aged 25–34, highlighting the challenge of attracting younger talent.
• Salary optimism remains high with 67% of professionals expecting a pay rise next year, but this is down from 71% in 2025, signalling a slowdown in growth.
• Global mobility continues to decline, with only 75% of professionals willing to relocate for work, down from 80% last year and 89% in 2022.
• AI adoption is accelerating, with 45% of traditional energy professionals now using AI in their roles. This is a 187% increase since 2024, yet 30% still do not use AI to support career development.
Despite concerns about automation, hiring managers say engineering and technical roles remain the hardest to fill, with nearly half investing in learning and development and 45% using AI and automation to close skills gaps.
Over the last three years, AI has had a significant impact on the energy industry. While AI adoption remains slower than other sectors, AI is being used to support career development.
Despite concerns that AI could replace some engineering and technical operations roles, 50% of the hiring managers say that these are the roles they struggle the most to recruit for. To address these hiring challenges, hiring managers are changing recruitment processes and revising role requirements.
“As a highly physical and safety-critical industry, heads in hard hats will always be central to the industry’s success,” the report comments.
However, retaining existing talent and attracting new professionals remain key hiring challenges for 2026 and beyond.
The report shows that 50% of professionals and 60% of hiring managers say that pay has increased in 2025. However, while salary optimism remains strong, growth has slowed compared to previous years.
James Allen, CEO at Airswift said, “The ageing workforce challenge is becoming increasingly urgent to address as traditional energy organisations are struggling to make hires with the right technical expertise and experience. With only a third of hiring managers actively recruiting graduates to build their talent pipeline, there is an opportunity for the sector to do much more to secure the people it needs.”
Wallis said, “Hiring managers are increasingly struggling to recruit experienced professionals, while a smaller percentage of younger talent is entering the workforce. With the cost of boomerang professionals - those returning post-retirement on a contractual basis - rising, companies need to be proactive in addressing the talent gap. Investing in retention and attracting younger generations will be essential for closing the gap and securing the talent needed for the future.”
The strategic partnership agreement sets out the framework for NOC and MOL to exchange information and jointly explore potential areas of cooperation. (Image source: Adobe Stock)
Hungary’s MOL Group has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) for cooperation in hydrocarbons exploration, technological innovation and crude trading, as international interest in Libya hots up
The strategic partnership agreement sets out the framework for NOC and MOL to exchange information and jointly explore potential areas of cooperation. These include hydrocarbon exploration and production, technological and field development innovations, oilfield services opportunities in Libya, crude supply and trading activities.
"We recognise Libya’s oil and gas industry as a pillar of strength and expertise. I am sure that this new agreement will act as a catalyst for further expanding our international portfolio, creating clear mutual value for both companies and reinforcing the resilience of our region. From the perspective of security of supply and energy sovereignty, particularly for landlocked countries, diversification of sources is of crucial importance. Our cooperation also goes beyond business, as we have agreed to rebuild our educational, scientific, and university ties in order to learn as much as possible from each other. Such partnerships can also help Europe to find its own path to competitiveness, rather than switching between different forms of energy dependency,” – said Zsolt Hernádi, chairman and CEO of the MOL Group.
The agreement comes as MOL is looking to expand its international portfolio to maintain its strategy target of at least 90,000 barrels of oil equivalent/day production level over the next five years, recently signing cooperation agreements with the national oil company of Kazakhstan (KazMunayGas), the national oil company of Azerbaijan (SOCAR), and the national oil company of Türkiye (Turkish Petroleum). The company has oil and gas exploration and production assets in nine countries, with production in eight countries: in Croatia, Azerbaijan, Iraq, Kazakhstan, Russia, Pakistan, Egypt, and Hungary.
The agreement also reflects the hotting up of international interest in Libya. Chevron recently signed an MoU with NOC to evaluate exploration and development opportunities, while TotalEnergies has signed an agreement extending the Libya Waha Concessions up to 2050, paving the way for further investments. TGS has a global provider of energy data and intelligence, has just signed a Letter of Intent (LOI) with North Africa Geophysical Company, (NAGECO),a subsidiary of the NOC to advance high-quality subsurface data, supporting Libya’s upstream development through modern, fit-for-purpose data and technology solutions. Libya’s latest upstream licensing round launched in March 2025, the first in 18 years, has attracted more than 40 bids, signalling growing international interest in Libya’s largely untapped hydrocarbon potential.
The agreement relates to exploration in Oman's offshore Block 18. (Image source: Adobe Stock)
There is strong international interest in Libya's exploration potential. (Image source: Adobe Stock)
The oil and gas sector is facing mounting pressure on its talent pipeline. (Image source: Adobe Stock)
The Middle East shares the top spot with Europe as a preferred destination for energy professionals to relocate to, according to the 2026 Global Energy Talent Index (GETI) report, produced by Airswift and supported by Energy Jobline
While the report indicates a decline in global mobility, the Middle East and Europe are seen as the most attractive destinations with 25% each, while Asia has remained steady at 16%.
Jayden Wallis, president ASPAC & Airswift Resourcing at Airswift commented, “The Middle East is investing trillions of dollars to diversify their economies and are lowering barriers to entry so that organisations can secure the talent they need to deliver an ambitious pipeline of projects.”
The 2026 GETI findings show that the oil and gas sector is facing mounting pressure on its talent pipeline, as an ageing workforce, slowing salary growth and a declining willingness to relocate makes it difficult for hiring managers to retain existing talent and attract professionals.
Key findings
Key insights include:
• Nearly half of the workforce (48%) is now aged over 45, while just 19% is aged 25–34, highlighting the challenge of attracting younger talent.
• Salary optimism remains high with 67% of professionals expecting a pay rise next year, but this is down from 71% in 2025, signalling a slowdown in growth.
• Global mobility continues to decline, with only 75% of professionals willing to relocate for work, down from 80% last year and 89% in 2022.
• AI adoption is accelerating, with 45% of traditional energy professionals now using AI in their roles. This is a 187% increase since 2024, yet 30% still do not use AI to support career development.
Despite concerns about automation, hiring managers say engineering and technical roles remain the hardest to fill, with nearly half investing in learning and development and 45% using AI and automation to close skills gaps.
Over the last three years, AI has had a significant impact on the energy industry. While AI adoption remains slower than other sectors, AI is being used to support career development.
Despite concerns that AI could replace some engineering and technical operations roles, 50% of the hiring managers say that these are the roles they struggle the most to recruit for. To address these hiring challenges, hiring managers are changing recruitment processes and revising role requirements.
“As a highly physical and safety-critical industry, heads in hard hats will always be central to the industry’s success,” the report comments.
However, retaining existing talent and attracting new professionals remain key hiring challenges for 2026 and beyond.
The report shows that 50% of professionals and 60% of hiring managers say that pay has increased in 2025. However, while salary optimism remains strong, growth has slowed compared to previous years.
James Allen, CEO at Airswift said, “The ageing workforce challenge is becoming increasingly urgent to address as traditional energy organisations are struggling to make hires with the right technical expertise and experience. With only a third of hiring managers actively recruiting graduates to build their talent pipeline, there is an opportunity for the sector to do much more to secure the people it needs.”
Wallis said, “Hiring managers are increasingly struggling to recruit experienced professionals, while a smaller percentage of younger talent is entering the workforce. With the cost of boomerang professionals - those returning post-retirement on a contractual basis - rising, companies need to be proactive in addressing the talent gap. Investing in retention and attracting younger generations will be essential for closing the gap and securing the talent needed for the future.”
ADNOC Drilling recorded the strongest performance in its history. (Image source: ADNOC Drilling)
This certification is a pivotal step for ADNOC. (Image source: DNV)
The new collaboration aims to scale up the development of CTC technology. (Image source: KAUST)
Aramco, Honeywell and King Abdullah University of Science and Technology (KAUST) are collaborating to scale up the development of Crude-to-Chemicals (CTC) technology in a bid to maximise the value of crude oil and reduce costs associated with CTC conversion
The new CTC pathway will entail converting crude oil directly into light olefins and other high-demand chemicals, resulting in improved fuel efficiency, carbon utilisation, and process economics—allowing for more efficient and cost-effective production at scale.
The collaboration aligns with Saudi Arabia’s Vision 2030 by helping to advance economic diversification, build national research and technology capabilities, and strengthen the Kingdom’s position in the global chemicals market, combining academia and industry expertise to accelerate technology development and national capabilities.
Dr. Ali A. Al-Meshari, Aramco senior vice president of technology oversight & coordination, said, “This collaboration with Honeywell UOP and KAUST furthers Aramco's efforts to drive innovation and shape the future of petrochemicals. By harnessing the power of cutting-edge technologies, we aim to enhance energy efficiency and unlock increased value from every barrel of crude. This novel Crude-to-Chemicals process is aligned with our vision of supporting the global transition towards cleaner, high-performance chemical production. Moreover, this initiative demonstrates our focus on contributing to the growth of a vibrant ecosystem, where the deployment of innovative technologies can create lasting value for our stakeholders, our communities, and the environment.”
Rajesh Gattupalli, Honeywell UOP president, added, “This agreement marks a defining moment in our strategic collaboration with Aramco and KAUST – and in the global evolution of Crude-to-Chemicals technology. With Honeywell UOP’s deep expertise in catalytic process design and commercial scale-up, we’re well positioned to drive this innovation forward.”
Vitol Bahrain EC has a long-standing presence in Uganda's downstream sector.
The companies will explore capital investments to upgrade and diversify production. (Image source: Adobe Stock)
The global oil and gas robotics market is forecast to hit US$205.5bn in 2030. (Image source: GlobalData)
The global oil and gas robotics market is forecast to grow from US$90.2bn in 2024 to US$205.5bn in 2030, according to data analytics and consulting company GlobalData
Robotics is rapidly transforming oil and gas operations as advances in artificial intelligence (AI) and cloud computing unlock the next phase of industrial automation. Previously focused on repetitive industrial tasks, robots can now operate autonomously, collaborate, and access cloud-based data in real time. AI enables advanced decision-making, navigation in complex environments, and reduced reliance on human intervention.
Despite progress in humanoid robotics, task-specific robots remain dominant. GlobalData’s Strategic Intelligence report, “Robotics in Oil and Gas,” highlights how robotics is increasingly being adopted across the oil and gas value chain to improve safety, efficiency, and asset integrity.
Operators such as Equinor deploy subsea autonomous vehicles, including Hydrone-R, for extended underwater inspections, while Shell uses Cyberhawk drones and Sensabot robots for aerial and ground-based inspection of flare stacks, tanks, and pipelines. BP and Chevron have trialled Spot quadruped robots to autonomously survey facilities and collect visual, thermal, and methane data, reducing personnel exposure to hazardous environments. While ADNOC deploys more than 65 robotics applications across its operations.
Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments: “Autonomous robotic systems are being introduced across hazardous, remote, and offshore environments to perform inspection, surveillance, and monitoring tasks without continuous human control.”
These platforms deliver higher operational efficiency through faster inspection cycles, consistent task execution, and repeatable, high-quality data capture, independent of operator skill or availability.
GlobalData notes that offshore and subsea operations remain a major focus area for robotics deployment. Remotely operated vehicles (ROVs) continue to support real-time subsea inspection, maintenance, and intervention, while autonomous underwater vehicles enable long-duration seabed surveys and pipeline monitoring with reduced reliance on surface vessels.
Puranik concludes: “While challenges remain, the integration of robotics with digital twins, edge intelligence, and predictive analytics is accelerating. As these technologies mature, robotics will move beyond supporting roles to become indispensable operational assets, across the oil and gas industry.”
The partnership will help Aramco to accelerate industrial AI adoption. (Image source: Adobe Stock)
The XTR CS injection system. (Image source: Halliburton)
The webinar will transform confined space inspections. (Image source: Flyability)
Despite advances in digital technology, many oil and gas sites across the Middle East still rely on manual entry for tank and vessel inspections, resulting in days of downtime, high scaffolding costs and risk to human life
What if you could change all that with drone technology?
Inspections drones such as the Elios 3 are revolutionising the world of confined space inspections, improving safety, reducing downtime and enhancing operational efficiency.
Join us for an exclusive live webinar hosted by Flyability in association with Oil Review Middle East on ‘Transforming oil and gas operations with the Elios 3 drone’ on Tuesday 2 September at 2pm GST. Industrial experts will explain how drones such as the Elios 3 are transforming confined space inspections, and how you can integrate this technology into your operations seamlessly.
Key highlights:
Drone integration: learn how to safety and effectively implement drones in confined space
Safety and training: understand essential safety protocols and training strategies for your team
ROI: discover how to measure and achieve a strong return on investment with drone technology
Real world use cases: hear from the engineers using drone tech in the field on the impact Elios 3 is having on in oil and gas inspections.
Speakers and host:
Fabio Fata – senior sales manager, Flyability (moderator)
Eralp Koltuk – inspection lead engineer, Tüpraş
Danijel Jovanovic – director of operations, ZainTECH
Take your operations to the next level! Don’t miss out on gaining valuable insights into how drones can make inspections safer, faster and smarter .
From making inspections in hazardous confined spaces much safer to streamlining the whole process and providing valuable real-time data, you will get to see exactly how the Elios 3 is changing the game.
The event will address the security challenges in the Middle East oil and gas sector, and how Pelco solutions can help.
Oil and gas operations in the Middle East span harsh deserts, sprawling refineries and high-risk offshore environments. (Image source: Adobe Stock)
Progress has been reported in developing action plans to reduce methane emissions and end routine flaring. (Image source: Adobe Stock)
Coinciding with COP30, significant progress has been reported in driving forward the aims of the Oil & Gas Decarbonization Charter (OGDC) launched at COP28
The Oil & Gas Decarbonization Charter (OGDC), a global coalition of leading energy companies championed by the CEOs of ADNOC, Aramco, and TotalEnergies and supported by the Oil and Gas Climate Initiative (OGCI), highlights expanded reporting coverage, strengthened action plans for emissions reduction and enhanced collaboration to accelerate industry decarbonisation in its 2025 Status Report: Implementing Action.
The Charter now brings together 55 signatories operating across more than 100 countries, representing around 40% of global oil production. Signatories invested approximately US$32bn in low-carbon solutions including renewables, carbon capture, hydrogen and low-carbon fuels in 2024.
This year, for the first time, the companies shared emissions data based on the OGCI Reporting Framework, laying the foundation for consistent reporting across 55 companies. 50 of the 55 signatories submitted data for this year’s report, covering 98% of OGDC operated production, most of which has received third-party assurance.
Forty-two signatories have now set interim Scope 1 and 2 emissions reductions ambitions for 2030, and 36 have developed corresponding action plans, reflecting tangible progress since the Charter’s 2024 Baseline Report, with six more companies sharing interim ambitions and seven more developing corresponding action plans on methane and flaring.
Extensive collaboration programme
An extensive collaboration programme is underway, with a focus on methane, flaring and reporting. TotalEnergies for example is sharing its AUSEA technology with several national oil companies to strengthen methane detection and measurement. Peer-to-peer exchanges, regional partnerships and technical workshops have strengthened capacities, while engagement with OGCI, the United Nations Environment Programme, the World Bank and many others, are helping scale practical solutions. At the company level, OGDC is helping to embed tailored, industry-specific training programmes.
Dr Sultan Ahmed Al Jaber, managing director, Group CEO of ADNOC, COP28 president and OGDC CEO Champion, said, “Two years ago, at COP28 we came together to create the world’s first truly industry-wide coalition to decarbonise at scale. Together, we are turning the Charter’s words into action by delivering tangible progress, scaling innovation and reporting transparently against our shared commitments.”
Patrick Pouyanné, chairman and CEO of TotalEnergies and OGDC CEO Champion, added, “OGDC is about action and collective delivery. This year we moved from baseline to implementation, with almost all signatories reporting data that covers 98% of operated production and more companies setting 2030 targets backed by plans. This reflects that progress starts with what we measure and a shared reality that this is a journey where we advance faster together. Our focus now is clear. We must cut methane, end routine flaring and report progress consistently. We invite all IOCs and NOCs to join and show measurable results by the next COP.”
Bjørn Otto Sverdrup, head of the OGDC Secretariat, said, “With OGDC, we have established a platform for companies willing to take action and collaborate across North, South, East, West, to share best practices and accelerate decarbonisation – particularly towards reducing methane and zero flaring by 2030.”
“We are encouraged by the progress made, and we look forward to the work ahead.”
At COP30, TotalEnergies announced a US$100mn commitment to Climate Investments Venture Strategy funds, which supports technologies that cut emissions across the oil and gas value chain. Climate Investments (CI) is an OGDC Partner.
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The fossil fueld sector is responsible for approximately one third of total global methane emissions. (Image source: Adobe Stock)
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