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QatarEnergy has acquired another exploration stake offshore Egypt. (Image source: QatarEnergy)

Exploration & Production

QatarEnergy has acquired a 40% stake in the North Rafah block, offshore Egypt

The transaction was recently approved by the government of Egypt, with Eni retaining the remaining 60% interest as operator.

The North Rafah offshore block is located in the Mediterranean Sea, off the northeastern coast of Egypt. It spans nearly 3,000 sq kms in water depths of up to 450 m.

The announcement follows hard on the heels of the acquisition earlier this month of QatarEnergy’s 27% participating interest in the North Cleopatra block offshore Egypt, operated by Shell. It reflects the company’s push to expand upstream exploration activities globally, with maximising value from upstream being one of QatarEnergy’s five key strategic pillars in its vision to be one of the best energy companies in the world. Over the past few months QatarEnergy has acquired exploration licences in the Republic of Congo, Algeria and Namibia.

His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the president and CEO of QatarEnergy, said, "We are pleased with our new position in the North Rafah offshore block, which further strengthens our presence in Egypt and marks another important step in advancing our ambitious international exploration strategy."

Sophie Graham, chief sustainability officer at IFS. (Image source: IFS)

Industry

Industrial AI software provider, IFS, and PwC UK have released a new whitepaper titled, 'The Intelligence Behind Sustainability: Industrial AI's Critical Role in Decarbonisation', exploring the significance of Industrial AI in decarbonising asset-intensive industries

The whitepaper explains ways in which the industrial world can leverage AI for sustainability and operational efficiency across heavy and hard-to-abate sectors. Such industries account for approximately 40% of total global greenhouse gas emissions. 

This report follows IFS' research, 'The Invisiblem Revolution' (2025), which found that industrial AI adoption is accelerating rapidly and 86% believe AI will play a primary role in meeting environmental goals from energy efficiency and emissions reporting to CO₂ management.

"We're seeing Industrial AI fundamentally change how organizations approach sustainability," said Sophie Graham, chief sustainability officer at IFS. "Our customers are using AI to optimize everything from field service routes to production scheduling, and the results are tangible: less waste, lower emissions, and stronger operational performance. At IFS, we're committed to deploying AI solutions that help our customers achieve their sustainability goals while building more resilient, competitive operations."

"AI holds transformative potential for industrial and hard-to-abate sectors, guiding us towards net zero outcomes with innovative precision. However, as AI-driven solutions illuminate our path, we must also manage their energy demand responsibly. Harnessing this dual opportunity to lead with sustainability and efficiency will be at the forefront of industry evolution," said Leigh Bates, partner at PwC.

 

The agreement with strengthen Saudi Arabia's base oils sector. (Image source: Adobe Stock)

Petrochemicals

Bahri Chemicals, a subsidiary of logistics and transportation company Bahri, has signed a Contract of Affreightment (COA) with Luberef to strengthen Saudi Arabia’s base oil and petrochemicals sectors

Under the agreement, Bahri Chemicals will transport base oil produced in the kingdom from local ports to destinations across the Arabian Gulf and the west coast of India.

The strategic partnership will unlock synergies between the two companies, reflecting their shared commitment to advancing Saudi Arabia’s base oils sector, while also serving as an example of collaboration under the Saudi Inc. initiative, which strengthens partnerships and growth among Saudi companies.

Faisal Al Husseini, president of Bahri Chemicals, said, “This agreement with Luberef builds on our long-standing collaboration and reflects Bahri Chemicals’ commitment to delivering reliable, flexible, and customer-first maritime transportation solutions. Together with Luberef, we aim to create long-term value for our customers and contribute to the Kingdom’s economy.”

Eng. Samer A. Al-Hokail, President & CEO of Luberef, added, “This agreement represents another important step in our partnership with Bahri Chemicals toward enhancing the efficiency and resilience of our operations across international markets. We look forward to further strengthening our cooperation to deliver sustainable value to customers and to advance the Kingdom’s standing in the base oil sector.”

Luberef is one of the world’s leading suppliers of high-quality base oils, serving markets in Saudi Arabia and India, in addition to various markets across the Middle East and North Africa.

Bahri Chemicals is one of the largest owners and operators of chemical tankers in the Middle East, currently operating a fleet of 50 vessels, through which it provides maritime transportation services to a global customer base in the chemicals, clean petroleum products, and vegetable oils sectors.

DUG Nomad is designed tomake HPC and AI inference accessible wherever data is needed. (Image source: DUG)

Technology

Across the Middle East, oil and gas operators are acquiring larger seismic surveys, using more advanced imaging algorithms and streaming more field data than ever before

Yet as these workflows intensify, it is becoming increasingly difficult to rely solely on distant, centralised data centres. Moving any amount of big data to the cloud, be it terabytes or petabytes, introduces latency risk and bandwidth bottlenecks, while off-premise storage of subsurface data raises security and sovereign vulnerabilities. Operators now face a critical challenge: how to get powerful compute where the data resides, not hundreds or thousands of kilometres away.

That is where DUG Nomad comes in – a deploy-anywhere, ultra-dense edge-computing solution designed to make high performance computing (HPC) and AI inference accessible wherever data is generated.

Available in 10-foot and 40-foot containerised models, DUG Nomad brings the power of a full-scale data centre directly to the field. The compact Nomad 10 delivers 80 kW of cooling and supports more than 100 NVIDIA H200 GPUs, with self-contained cooling that requires no external chillers, plumbing or site preparation. It goes from delivery to operation in just hours.

dug n40 p01 studio open cam c v02The recently introduced Nomad 40 takes this further, providing up to 1 megawatt of IT heat rejection and supporting more than 1,000 NVIDIA H200 GPUs or 92,000 CPU cores in a mobile, modular form. Both systems are engineered to operate in any environment – including the hot, arid conditions common across the Middle East – thanks to the integrated immersion-cooling system that shields hardware from dust and oxidation. This makes Nomad uniquely capable of delivering scalable compute power on demand in places where traditional air-cooled systems often struggle with efficiency and reliability.

“Organisations increasingly need the power of a data centre without being bolted down to one location,” said Harry McHugh, DUG chief information officer. “Nomad gives them that flexibility – the ability to deploy serious computing capability at the edge, in days rather than months, with exceptional energy efficiency.”

For operators across the region, DUG Nomad offers more than mobility. By processing data on-site, it optimises data sovereignty, confidentiality and speed, ensuring that critical and sensitive information never leaves the operational perimeter while reducing latency for real-time analysis.

With its new Abu Dhabi office supporting large-scale projects across the region, DUG is uniquely positioned to help clients harness the benefits of edge computing – bringing HPC and AI inference closer to where insights begin.

The webinar will transform confined space inspections. (Image source: Flyability)

Webinar

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.

Register for the free webinar here.

Methane emissions reporting is improving, but more action is needed to reduce emissions. (Image source: Adobe Stock)

Energy Transition

Government and industry responses to UN Environment Programme (UNEP) satellite methane alerts rose from 1% to 12% cent in the past year, and oil and gas methane emissions reporting has improved, but action needs to accelerate to achieve the Global Methane Pledge goal of curbing methane emissions 30% by 2030, according to a new UNEP report

Atmospheric methane continues to be the second biggest driver of climate change after carbon dioxide, responsible for about one-third of the planet’s warming, and real-world data is a critical tool to track and reduce methane emissions.

The fifth edition of the UN Environment Programme’s (UNEP) International Methane Emissions Observatory (IMEO) publication, An Eye on Methane: From measurement to momentum, finds that member oil and gas companies of IMEO’s Oil and Gas Methane Partnership 2.0 (OGMP 2.0) are set to track one-third of emissions from global production using real-world measurements. The OGMP 2.0 is the world’s global standard for methane emissions measurement and mitigation in the oil and gas sector. Over the past five years, OGMP 2.0 membership has more than doubled to 153 companies in the countries, covering 42% of global oil and gas production.

One-third of global oil and gas production reports, or will soon report, emissions at OGMP 2.0’s Gold Standard – meaning emissions are tracked with real-world measurements. This positions a large amount of the global industry to effectively measure – and thus mitigate – emissions. One of the companies achieving 'Gold Standard reporting' in 2024 for having effectively achieved the highest levels of data quality is Eni. OGMP 2.0’s 2025 report recognized Eni for its continued progress, including identifying and quantifying emissions across non-operated assets, as well as training and technical assistance on the LDAR (Leak Detection and Repair) approach to fugitive emissions. LDAR training sessions were organised with the support of UNEP and delivered to National Oil Company (NOC) personnel.

The report highlights that while government and company responses to alerts from IMEO’s Methane Alert and Response System (MARS) have grown tenfold over the previous year, nearly 90% remain unanswered, necessitating an increase in response rates. Through MARS, UNEP has sent over 3,500 alerts about major emissions events across 33 countries. These alerts are based on satellite monitoring and artificial intelligence-supported analysis. IMEO has documented 25 cases of mitigation action in ten countries since MARS was launched in 2022, including across six new countries during the past year.

“Reducing methane emissions can quickly bend the curve on global warming, buying more time for long-term decarbonisation efforts, so it is encouraging that data-driven tools are helping the oil and gas industry to report on their emissions and set ambitious mitigation targets,” said Inger Andersen, executive director of UNEP. “But to keep the Paris Agreement targets within reach, the important progress on reporting must translate into cuts to emissions. Every company should join the Oil and Gas Methane Partnership 2.0, and both governments and operators must respond to satellite alerts – then they must act to reduce emissions.”