Global energy investment is set to increase by 8% in 2022 to reach USD 2.4 trillion, with the anticipated rise coming mainly in clean energy, according to a new report by the International Energy Agency (IEA)
Industry
AVEVA commits to new sustainability targets
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has committed to 15 measurable, timebound Environmental, Social and Governance (ESG) goals for 2025 that aim at advancing a better future for all by transforming the way its partners use the planet’s resources
KROHNE Group expands Saudi operations
KROHNE Group, a leading global manufacturer of process instrumentation, measurement solutions and services, has announced an expansion of its Saudi Arabia operations
TUBACEX to build OCTG manufacturing facility in Abu Dhabi
Spains TUBACEX has secured its largest ever award with Abu Dhabi National Oil Company (ADNOC) worth in excess of 30,000 tons over 10 years for the supply of comprehensive solutions for gas extraction in the Middle East
Emerson expands in-region manufacturing with new facility in Saudi Arabia
Emerson has inaugurated an expanded facility in Dammam, Saudi Arabia to manufacture its Rosemount pressure and temperature transmitters and manifolds