Caspar Herzberg, CEO, AVEVA. (Image source: AVEVA)

AVEVA, a global leader in industrial software, has launched its 2024 Sustainability Report, which shows the company’s progress in achieving its sustainability objectives as well as demonstrating how industrial intelligence can play a key role in addressing climate challenges

AVEVA’s 2024 Sustainability Report revealed significant progress across all three pillars of the company’s sustainability framework: technology handprint, operational footprint and inclusive culture. In 2024, the company maintained its 93% reduction in scope 1 and 2 emissions against its baseline year by shifting to renewable energy, careful management of office space and fleet optimisation. It also assessed the maturity of its entire product portfolio against the Green Software Foundation’s principles, reinforcing its commitment to sustainable software development. Testing was conducted on 85% of its products to evaluate energy consumption. These efforts are helping to establish a baseline that will guide future improvements aligned with green software principles.

For the first time, the company has released an annual saved and avoided emissions figure, reflecting the material energy savings observed for a specific portion of its products, and will continue to refine and expand these emissions calculations.

“We believe that sustainability and business success go hand in hand,” said Caspar Herzberg, CEO, AVEVA. “We’re focused on helping our customers harness the full potential of industrial intelligence, bringing visibility and insight to complex data and processes. This empowers the industry to achieve measurable improvements in both efficiency and productivity, unlocking significant savings in costs, emissions and resource requirements. AVEVA’s 2024 Sustainability Report demonstrates the strides we’ve made to deepen our technology handprint, reduce our operational footprint and advance our inclusive culture.”

“We know that the biggest impact comes from our software handprint – how we work with our customers to enable them to drive decarbonisation, become more resilient and support circularity. This is why we’re publicly reporting our 2024 customer saved and avoided emissions data for select industry sectors. We’re committed to expanding our methodology to capture and quantify our broader impact. At AVEVA, we are continuing to advance towards a sustainable future, driving digital transformation through our software and leading by example with responsible operations,” added Lisa Wee, CSO, AVEVA.

Stuart Broadley, CEO of the EIC. (Image source: EIC)

The Middle East is powering ahead of global energy markets and is a magnet for international businesses, thanks to its pragmatic energy investment approach and enthusiastic tech adoption, according to the Energy Industries Council’s (EIC) latest Survive & Thrive report

90% of energy companies operating in the region reported growth in 2024, according to the EIC report, the highest across all regions surveyed, with further growth forecast in 2025. The Middle East recorded the highest average company growth rate at 68%, compared with 20% growth reported by firms in the Americas, followed by the UK and Ireland at 16%, Continental Europe at 13%, and Asia Pacific lagging behind at 8%.

Businesses are flocking to the region, which is increasingly seen as a high-performance zone for energy, buoyed by consistent government support, low business costs, booming project activity and policies that actively reward private sector growth. As the report notes, supply chains are mobile, and companies are increasingly relocating operations and skilled personnel to regions offering policy stability and better returns, the Middle East being the big winner here.

At a time when much of the world is grappling with policy uncertainty, inflation, and talent shortages, the Middle East appears to be charting its own, far more confident course, according to the EIC, the world's leading trade association for companies providing products and services to the energy industry.

“The Middle East isn’t picking winners, it’s investing in all energy technologies,” said Stuart Broadley, CEO of the EIC. "That pragmatism is why it's now the global magnet for talent and capital. This is indeed the right approach to follow for energy security, industry growth, and supporting the energy transition."

While hydrocarbons remain vital, with more than 90% of EIC member companies in the region still focusing on oil and gas, the growth of investment into renewables, hydrogen, and digital infrastructure reveals a willingness to embrace what’s next, without abandoning what works now.

The UAE and Saudi Arabia, in particular, have made aggressive moves not just in oil and gas, but in AI-driven logistics, smart infrastructure, and clean technology.

“Encouraging tech adoption in logistics — like GPS tracking, automation, and AI — would increase efficiency, transparency, and global competitiveness,” said one executive interviewed for the Survive & Thrive report, echoing a broader sentiment that the region is now outpacing even the US and Europe in practical tech adoption.

However, there are challenges. Over 27% of companies flagged local content schemes as a critical issue. While national in-country value (ICV) programmes are designed to boost
domestic participation, the fragmentation across Gulf Cooperation Council (GCC) countries often complicates compliance for multinationals operating regionally. Harmonisation across the GCC could reduce duplication and unlock even greater regional synergies.

Labour localisation is another problematic area, the report shows, with more guidance needed to support the private sector in attracting and retaining local talent.

There is also rising pressure on infrastructure, with around 18% of executives called for smarter logistics parks, dedicated freight corridors, and improved trade infrastructure.

Despite these obstacles, business confidence remains high.

“For many international firms, the equation is simple: go where the work is, and the Middle East has it in abundance,” the EIC says.

The report features 139 success stories and insights from 138 EIC member companies and underscores the need for all regions to learn the lessons of the Middle East. 

To view the full report, please visit the following link: https://www.the-eic.com/MediaCentre/Publications/SurviveandThrive

Oil and gas expansion is one of the factors driving the compressor market.

The compressor market is set to grow significantly, fuelled by industrial expansion, energy efficiency, technological advancements and sustainability initiatives

According to a new report from Future Market Insights, the global industrial air compressor market size is projected to grow from US$3.6bn in 2025 to US$ 7.7bn by 2035, registering a CAGR of 7.9%.

In the oil and gas sector, a substantial increase in investments for brownfield and greenfield projects, coupled with planned cross-country pipeline projects, is expected to create positive prospects for growth in demand over the coming years, the report says. In the Middle East and Africa, the expansion of oil and gas, mining, and infrastructure projects is creating new market opportunities.

"The industrial air compressor market is undergoing a transformation, driven by energy efficiency, automation, and sustainability goals. As industries focus on reducing their operational carbon footprint, the shift towards oil-free and variable- speed compressors will define the future of this sector. The expansion of manufacturing activities worldwide, coupled with government incentives for energy- efficient equipment, will ensure steady growth over the next decade," said Nikhil Kaitwade, associate vice president at Future Market Insights (FMI).

New compressor products and services illustrate some of the above highlighted trends. Ingersoll Rand for example has introduced Ecoplant, an advanced compressor controls platform which adjusts compressed air systems dynamically in response to real- time demand changes, using continuous monitoring. This helps to reduce energy costs and the associated carbon emissions through optimised efficiency, as well as to identify any maintenance concerns that need addressing.

Meanwhile AERZEN, which offers advanced solutions for the most demanding applications, has launched two new series: double-stage, oil-free screw compressors (DS series) and single-stage, oil-injected air compressors with permanent magnet motors (SI series). The DS series compressors can provide energy savings of up to 12% compared with the best-performing compressor models currently available in the market.

Burckhardt Compression has launched UP! Detect – an advanced condition monitoring system that offers cost-effective early failure detection. It uses advanced AI algorithms to detect anomalies in the data that warn maintenance personnel on-site of potential issues in the compressor’s components as well as offering actionable suggestions and recommendations. Its new module ‘Predictive Intelligence’ for PROGNOST NT supports operators of reciprocating compressors by reliably predicting the remaining useful lifetime of key components of their assets and the best time for routine maintenance. AI-based predictive algorithms and real- time data are used to maximise equipment availability and reduce Total Cost of Ownership.

See the latest issue of OIl Review Middle East to find out more: https://oilreviewmiddleeast.com/magazines/orme_2025_06_13/spread/?page=14

The agreement is for the supply of 0.7mn tonnes of LNG.

ADNOC Gas has entered into a US$400mn three-year LNG supply agreement with Germany’s SEFE Securing Energy for Europe, as it continues to expand its global business

The agreement is for the delivery of 0.7mn tonnes of LNG, which will be supplied from ADNOC Gas’ Das Island 6 mtpa liquefaction facility. It builds on the ongoing collaboration between the UAE and Germany, including the 2022 Energy Security and Industry Accelerator (ESIA) pact and the 2024 Joint Declaration with the state of Baden-Württemberg, both aimed at fostering energy security and sustainable fuel development.

Fatema Al Nuaimi, chief executive officer of ADNOC Gas, said: “This agreement marks a significant step in strengthening our long-standing partnership with SEFE and reinforces ADNOC Gas’ role as a reliable and responsible global energy provider, committed to supporting Germany’s energy security.”

Frédéric Barnaud, chief commercial officer of SEFE, said: “Over the past two decades, we’ve built a strong partnership with ADNOC, and we value our relationship with such a reputable and reliable supplier. This new medium-term LNG contract builds on the long-term supply agreement with ADNOC that we signed last year, thereby adding another flexible source of LNG to our portfolio – to the benefit of both Europe’s security of supply and our global market trading activities.”

As a lower-carbon energy source, LNG plays a critical role as a transition fuel. ADNOC has ambitions to significantly grow its LNG capacity and strengthen its position as a global LNG player, shipping LNG to a growing range of international markets in Asia, Europe and beyond.