The second instalment of Petrotechnics’ Operational Excellence Index (OEI) has revealed companies in hazardous industries are embracing digital transformation as a means of achieving Operational Excellence (OE), but the rapid pace of innovation and fear of change could limit widespread adoption

The UAE-based Gulf Petrochem has rebranded as GP Global, a move that aims to match the company’s ambition as a growing international presence

Saudi Aramco has awarded AES Arabia a US$27mn project to supply Tie-Ins Modular Skids to the oil and gas wells for Khurais and Haradh sites in the eastern province of Saudi Arabia

Saudi Aramco and its partners have launched International Maritime Industries (IMI) joint venture, aiming to link Aramco’s supply chain related to offshore drilling and shipping activities

The annual US$2trillion global oil market is steadily returning to balance after three years of persistent supply glut and bloated inventories, as evidenced by improving fundamentals and forward market structure, according to Moin Siddiqui, economist