The oil and gas industry reported a quarter-on-quarter (QoQ) decline of 16% in disclosed contract volume in Q4 2023 according to a GlobalData report – but contract value increased marginally, thanks to major Middle East contracts

LNG demand is set to grow strongly. (Image source: Adobe Stock)

Global demand for LNG is forecast to rise by more than 50% by 2040, according to Shell’s LNG Outlook 2024 

The opening of the new facility. (Image source: Tenaris)

Tenaris, a leading global steel pipe manufacturer and supplier, has inaugurated its new Abu Dhabi industrial complex, Etihad Tubulars, in support of the Make it in the Emirates initiative and its partnership with ADNOC 

AI is increasingly being deployed in the oil and gas sector. (Image source: Adobe Stock)

The growing use of AI in the oil and gas sector and the consequent impact on the demand for skills are highlighted by Airswift’s newly-released Global Energy Talent Index (GETI) energy workforce trends report

ADNOC Gas has allocated US$1.3bn for contracts to expand the natural gas pipeline network. (Image source: Adobe Stock)

ADNOC Gas delivered a strong financial performance in Q4 2023, seeing net income rise 24% year-on-year to US$1,345mn and net income for FY 2023 amounting to US$4,720mn