Energy consultancy Westwood is predicting a healthy 25% demand growth for land rigs in the GCC region from 2023-2027, as Saudi Arabia and the UAE pump billions into reaching production capacity targets
Industry
Scepter, ExxonMobil and AWS collaborate to mitigate methane emissions
Scepter, Inc. and ExxonMobil are working with Amazon Web Services (AWS) to develop a data analytics platform to characterise and quantify methane emissions
TGT Diagnostics to establish new technology hub in Abu Dhabi
TGT Diagnostics has signed an agreement to build a new technology hub in Abu Dhabi
voestalpine Group expands tubulars portfolio
voestalpine Group is expanding its portfolio in the section tubes segment, as the product range of welded hollow sections from voestalpine Krems (Austria) will now be supplemented by seamless hollow sections from voestalpine Tubulars at the Kindberg (Austria) site
ADNOC divisions report strong Q1 results
ADNOC Drilling has recorded a 19% increase in year-on-year revenue to US$4716mn, with Offshore Jack-up and Oilfield Services (OFS) recording increases of 28% and 43% respectively