The Q4 2021 surge in project contract awards is set to unlock Middle East project spending, according to Richard Thompson, editorial director of MEED, part of leading data and analytics company GlobalData 

As the world moves to decarbonise its energy systems through GHG emissions reduction, NESR in collaborating with Qube Technologies provides MENA oil & gas producers with a low-cost solution using fixed sensors that can continuously monitor for GHG, H2S and other VOCs & gases in the world’s most remote fields

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) have announced a US$3.6bn strategic project to significantly decarbonise ADNOC’s offshore production operations

Qatar Petroleum signed the biggest long-term LNG contract with CNOOC while Tellurian Investments signed the most contracted volumes in 2021, revealed GobalData’s Long-Term LNG Contracts Review, 2021 report

Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, according to Rystad Energy analysis