Global energy engineering consultancy and software provider, AGR, has launched new software that gives drilling professionals unrivalled understanding of time, cost and risk when planning wells
AGR launches new software for well planning
Exploration & Production
Aramco posts record profits of US$161.1bn
Aramco has posted a record net income of US$161.1bn in its full year 2022 results, up 46.5% on the 2021 figure and representing the largest annual profit ever recorded by an oil and gas company
Middle East leads offshore growth
The offshore oil and gas sector is set for the highest growth in a decade in the next two years, one of the main global drivers being the sizable expansion of offshore activities in the Middle East, according to Rystad Energy research
TotalEnergies acquires CEPSA's upstream assets in the UAE
TotalEnergies has signed an agreement with CEPSA to acquire its upstream assets in the UAE
ADNOC Drilling purchases hybrid power land drilling rigs
ADNOC Drilling has signed an agreement to purchase 10 newbuild hybrid power land drilling rigs for a total of US$252mn
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