Technip Energies has been awarded a large project management consultancy (PMC) contract by Kuwait Oil Company (KOC), estimated to be worth between EU€250-EU€500mn (US$263-US$526mn)
Technip Energies awarded major PMC contract by KOC
Exploration & Production
ADNOC allocates US$15bn to advance decarbonisation projects
Abu Dhabi National Oil Company (ADNOC), has announced a new strategy to progress the world-scale decarbonisation of its operations, allocating US$15bn (AED55bn) to advance an array of projects by 2030
Weatherford signs agreement with DataRobot to progress AI advancement
Weatherford International plc (Weatherford) has signed a multi-year agreement with DataRobot, a leader in artificial intelligence (AI), to deliver advanced AI solutions in its digital platforms, including the ForeSite production optimisation and Centro well construction platforms
QPD (Japan) to continue production offshore Doha
QatarEnergy and Japan’s Qatar Petroleum Development Company (QPD) have signed a new agreement for the continued development and production of the Al-Karkara and A-Structures oil fields, located in the territorial waters of the State of Qatar
Thermoplastic Composite Pipe manufacturer, Strohm, secures US$15mn investment
Strohm, the world’s first and leading producer of Thermoplastic Composite Pipe (TCP), has completed the largest funding round in the company’s 15-year history, securing a €15mn (approx. US$15.9) investment
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