Here is a brief overview of the week’s news on Oil Review Middle East, from 12th - 16th November
Eni signs deal for Block 52 offshore Oman
The government of the Sultanate of Oman, Oman Oil Company Exploration and Production (OOCEP) and Eni have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 52, located offshore Oman. Click here to read the full story.
Go for Zero: The Guidebook for managing safety risks
Every workplace accident generates cost, and potentially includes a severe human toll that impacts morale and productivity. Click here to read the full story.
Oil to supply 27 per cent of world’s energy needs in 2040: OPEC
Oil will remain the world’s largest source of energy in the next two decades, despite the increasing importance of renewables, according to OPEC’s 11th edition of the World Oil Outlook, released during ADIPEC 2017. Click here to read the full story.
ADIPEC 2017 Awards recognise energy industry innovation
The ADIPEC Awards has been presented during the opening day of the ADIPEC 2017, recognising the achievements of businesses, initiatives and individuals shaping the rapidly changing oil and gas industry. Click here to read the full story.
Renewables to play major role in meeting growing energy needs
The resurgence in oil and gas production in the US, decline in the cost of renewables and growing electrification are changing the traditional ways of meeting energy demand globally, according to the World Energy Outlook (WEO) 2017. Click here to read the full story.
TS&S completes full turbine overhaul project for Siemens in Abu Dhabi
Turbine Services & Solutions (TS&S) has delivered the first full life overhaul on a Siemens Industrial Trent gas turbine. Click here to read the full story.
NETZSCH adds sizes to FSIP version of NEMO progressive cavity pump
NETZSCH Pumpen & Systeme GmbH has added NEMO progressive cavity pumps to its line of full service-in-place (FSIP), aiming to provide full access to the rotating parts of all the pumps. Click here to read the full story.
Rockwell introduces multi-well pad solution for oil and gas producers
Rockwell Automation has introduced multi-well pad solutions for oil and gas producers, aiming to achieve easy implementation, real-time data visibility, production efficiency and reduced costs. Click here to read the full story.
Weir introduces WMSS10 Mudline Suspension System for offshore operations
Weir Oil & Gas, an upstream provider of pressure pumping and pressure control equipment and services, has introduced its WMSS10 Mudline Suspension System for exploratory and developmental wells during ADIPEC 2017. Click here to read the full story.
Abu Dhabi National Oil Company for Distribution to launch IPO - UAE Minister
Abu Dhabi National Oil Company for Distribution, the leading operator of retail fuel stations in the UAE, will launch an initial public offering (IPO) and list its shares on the Abu Dhabi Securities Exchange, announced HE Dr Sultan Ahmed Al Jaber, UAE Minister of State and CEO of ADNOC Group at the opening ceremony of ADIPEC on 13 November. Click here to read the full story.
Caterpillar Oil & Gas highlight connected technology at ADIPEC
Caterpillar Oil & Gas highlighedt its ongoing commitment to a growing digital portfolio at ADIPEC, the theme of its exhibit being 'Connecting for Success'. Click here to read the full story.
Schlumberger launches laboratory for rock and fluid analysis services
The global oilfield service company Schlumberger has launched reservoir rock and fluid analysis laboratory in Houston, Texas, aiming to enabling experts to better leverage physical and digital rock and fluid analysis for comprehensive reservoir characterisation. Click here to read the full story.
Total acquires Engie’s upstream LNG business
Total has signed an agreement with Engie to acquire its portfolio of upstream LNG assets, which is set to make it the second largest global LNG player. Click here to read the full story.
