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The new initiative will enable Bapco Energies to enhance its global trading capabilities and strengthen its downstream value chain. (Image source: Adobe Stock)

TotalEnergies and Bapco Energies are launching BxT Trading, an equally owned trading joint venture backed by products from Bapco Energies' refinery

BxT Trading will support Bahrain's oil industry by leveraging its downstream portfolio to maximise value and broaden its access to global markets. Through the joint venture, Bapco Energies will benefit from TotalEnergies' global expertise in trading and will develop advanced trading, pricing, analysis, and risk management capabilities.

With BxT Trading, TotalEnergies is strengthening its trading position in the Middle East, where the company already has trading activities, in addition to its international hubs in Houston, Geneva and Singapore. This new initiative enhances the trading teams' responsiveness and agility, reinforcing their local footprint that enables them to better respond to regional requirements.

His Highness Shaikh Nasser bin Hamad Al Khalifa, representative of His Majesty for Humanitarian Works and Youth Affairs and chairman of Bapco Energies said the launch of BxT Trading reflects the Kingdom's commitment to forging long-term strategic partnerships with leading global energy companies.

“BxT Trading represents a strategic step forward for Bapco Energies and the Kingdom of Bahrain. Through this partnership with TotalEnergies, we are enhancing our global trading capabilities, strengthening our downstream value chain, and reinforcing Bahrain's position as a competitive and trusted player in the international energy markets.”

Patrick Pouyanné, chairman and CEO of TotalEnergies, said the new partnership will strengthen its presence in the Middle East, adding “BxT Trading reflects our long-standing commitment to act as a trusted partner in the region, dedicated to innovation, operational excellence and value creation.”

Following its modernisation under the Bapco Modernisation Program, production levels at Bapco Energies’ Sitra refinery have risen from 265,000 bpd to 380,000 bpd, with the addition of new refining units.

Bruno Avena, ALTAVE CEO, (left), and Azzeddine Smida, ARO director of Operational Excellence & Efficiency, sign the contract during IPTC 2026. (Image source: ALTAVE)

ARO, a leading drilling rig operator in Saudi Arabia, and ALTAVE, a global company specialising in artificial intelligence solutions for monitoring and securing critical operations, have signed a contract to implement the Harpia intelligent monitoring platform on nine offshore rigs of ARO’s fleet

The agreement was formalised during the International Petroleum Technology Conference (IPTC 2026) in Dubai, following a pilot project conducted throughout 2025. The pilot delivered measurable improvement in safety compliance, operational governance, and risk visibility, supporting ARO’s decision to scale the solution to a significant portion of its fleet.

This partnership further reinforces ARO’s commitment to the objectives of Saudi Vision 2030, integrating cutting-edge digital technology into its offshore drilling operations.
Under the contract, ARO will deploy the ALTAVE Harpia platform, which combines advanced AI and computer vision to enable continuous monitoring of critical operations. Beyond core compliance metrics such as Red Zone access control and PPE verification, the platform supports a broader range of safety, efficiency, and governance protocols.

All operational data is consolidated into dashboards and periodic reports for HSE and operations teams. ALTAVE's service model also includes 24/7 technical support and continuous monitoring system, ensuring sustained performance throughout the duration of the contract.

Bruno Avena, CEO of ALTAVE, said, “It is an honour to be a technology partner of a company that is at the forefront of digital transformation in the energy industry. ARO demonstrated leadership by embracing artificial intelligence as a strategic tool to elevate its safety and excellence standards. During the pilot phase, we validated the robustness of our software in one of the world's most demanding operational environments, and we are proud to now scale this intelligence across the fleet.”

The acquisition will strengthen GEOLOG’s portfolio of advanced subsurface and drilling support services. (Image source: Adobe Stock)

GEOLOG International B.V, a leading independent provider of wellsite geosciences, drilling solutions and surface logging services, has acquired Quad Ltd and QO Inc. (Quad), provider of wellsite and operations geologists, along with advanced pore pressure and fracture gradient analysis services

GEOLOG and Quad have collaborated on numerous international projects, serving a broad spectrum of energy clients. The acquisition significantly enhances GEOLOG’s portfolio of advanced subsurface and drilling support services and solidifies its operational presence globally. Integrating Quad’s highly experienced personnel and specialised technical capabilities will strengthen GEOLOG’s capacity to support clients in complex drilling environments, from exploration through development and production phases.

“Quad has been a trusted partner for a long time, and we are delighted to formally welcome their team into the GEOLOG family,” commented Richard Calleri, chief executive officer of GEOLOG. “Their industry reputation for excellence in wellsite and operations geology, as well as pore pressure and fracture gradient analysis, is exceptional. By combining Quad’s specialist knowledge with GEOLOG’s extensive global footprint and technology platform, we can now offer a truly integrated suite of solutions, which is critical for technically challenging and high-risk wells.”

Shaun Coogan, director of Quad, added, “This is a logical next step in our long-standing relationship with GEOLOG. We share a commitment to technical excellence and a client-focused culture. Together, we are better equipped to help our clients reduce risk, improve well performance, and deliver their projects safely and efficiently worldwide.”

Over the coming months, GEOLOG and Quad will coordinate service delivery, align technical workflows, and further integrate their offerings.

The development will deliver 200mn standard cubic feet per day (scfd) of gas before the end of the decade. (Image source: ADNOC)

ADNOC has announced the Final Investment Decision (FID) for the SARB Deep Gas Development, a strategic project within the Ghasha Concession located 120 km offshore Abu Dhabi

The project comprises a new offshore platform with four gas production wells which connect to Das Island, where gas will be tied into ADNOC Gas facilities for upstream treatment, maximising the integration with other ADNOC projects.

The development will deliver 200mn standard cubic feet per day (scfd) of gas before the end of the decade, enough energy to power more than 300,000 homes daily. This technically advanced project will embed advanced technologies and artificial intelligence (AI) and will be operated remotely from Arzanah Island, leveraging existing infrastructure to maximise efficiency and enhance safety.

Musabbeh Al Kaabi, ADNOC Upstream CEO, said, "We are pleased to confirm the final investment decision for the SARB Deep Gas Development. This strategic project within the Ghasha Concession reinforces the progress we are making to fully unlock Abu Dhabi’s world-class gas resources, supporting UAE gas self-sufficiency and strengthening the nation’s role as a reliable exporter to international markets. The development will leverage advanced technologies and AI and maximises synergies across ADNOC’s offshore infrastructure, unlocking efficiencies and value.”

The Hail & Ghasha Project project will play a vital role in meeting the UAE’s goal of gas self-sufficiency and rising demand for exports. The Ghasha Concession is targeted to produce 1.8 billion standard cubic feet per day (bscfd) of gas and aims to operate with net zero emissions, capturing 1.5 million tonnes per year (mtpa) of carbon dioxide (CO2), and providing low-carbon hydrogen that can replace fuel gas and further reduce emissions. The project will also leverage clean power from nuclear and renewable sources from the grid.

Adnan Bu Fateem, chief operating officer at Mubadala Energy. (Image source: Mubalada Energy)

In an exclusive interview, Adnan Bu Fateem, chief operating officer at Mubadala Energy, discusses how AI can be scaled up in the energy sector and how Mubadala Energy is leveraging AI and digitalisation to drive efficiencies in upstream operations

How do you view prospects for the development of the energy/AI nexus? How critical will deploying AI be to ensuring a secure and stable energy future, and how critical will it be to invest in energy systems to meet the growing AI energy demand?

AI is one of the most powerful tools to make energy systems safer, more reliable, and lower-carbon intensive. At the same time, it is becoming a major new source of energy demand, particularly to power data centres. In that sense, the relationship between energy and AI is mutually reinforcing that the energy sector is both an enabler of AI and a user of it.

Currently, the global energy systems are already under increasing strain, with more complex grids and growing demand. As a result, energy security is becoming an even higher priority for governments and communities. At Mubadala Energy, we believe energy security isn’t only about supply volumes; it’s also about reliability, resilience, and operational excellence. This is where AI plays a critical role. For example, when it comes to system resilience, AI helps operators respond faster to demand variability, extreme weather events, and grid constraints. When it comes to safety, AI plays a significant role in anomaly detection, operational surveillance, and helping operators in decision making that can reduce incident likelihood and support stronger process safety performance.

The International Energy Agency (IEA) projects global electricity use from data centres will more than double by 2030 to ~945 TWh, with AI as the most significant driver, with electricity demand from AI-optimised data centres projected to more than quadruple by 2030.

The IEA further estimates that electricity generation needed to supply data centers will rise from ~460 TWh in 2024 to over 1,000 TWh in 2030, underscoring why investment in the energy sources which can drive this technology is so critical for a range of global communities.

For the energy industry globally, both at a grid level and in upstream, AI is going to play a key role in simulating power demand and ensuring the infrastructure is in place that supports future economic and social prosperity.

How can AI help to accelerate the energy transition and decarbonisation?

AI can accelerate the energy transition by improving how energy systems are planned, operated, and optimised across the entire value chain, particularly as power systems become more complex and more electrified.

Mubadala Energy strategy focuses on natural gas and LNG as a transition fuel that balances energy security with energy transition, and we see digitalisation and AI are increasingly important enablers of decarbonisation to operate more efficiently and reduce overall emissions intensity without compromising reliability, while also supporting better capital allocation and faster decision-making.

From our perspective, these benefits are reflected in how we apply digitalisation and AI across our own operations, such as improving subsurface understanding, project design, and scenario modelling. We also use AI for advanced analytics, monitoring and digital tools to improve efficiency, enhance safety and strengthen emissions visibility.

We are pleased to see how all these efforts are leading to tangible outcomes. In 2024, we reported a 36.5% reduction in Scope 1 and 2 greenhouse gas emissions, alongside a 55% reduction in flared gas intensity, and we have recorded zero oil spills since inception. These results show how improved efficiency, better monitoring and data-driven decision-making can support decarbonisation while continuing to deliver safe and reliable energy.

What are the main factors needed to scale up AI in the energy sector, and what do you see as the main constraints?

To me, the most fundamental factors in scaling AI in the energy sector are people’s capabilities and partnership. We have seen our industry evolve significantly over the past two decades, and every major change whether in safety, efficiency, or technology, has been enabled by collaboration and continuous upskilling. AI is no different. These fundamental factors will pave the way to the other factors such as having high quality data, clear operational use cases, the right infrastructure and having strong governance in place.

At Mubadala Energy, this is reflected in our E-VOLVE initiative, an outcome-led digital transformation program implemented back in 2019 that provides a structured framework for integrating digital solutions into operations and building digital capability for our people across the organisation.

Partnerships are the second key enabler. The pace of AI innovation means no single organisation can do this alone. Collaborating with technology providers, digital specialists, and industry partners allows us to access cutting-edge capabilities, accelerate learning, share knowledge and apply AI where it creates the most value.

This collaborative approach is what enables us to move beyond pilots and embed AI into core operational decision-making.

A good example is our Intelligent Reservoir Management capability. This is a digital approach that brings together subsurface data from the reservoir with surface data from facilities and wells into a single, integrated system.

By combining these data sets and analysing them in real time, we gain a clearer, more complete view of reservoir behaviour. This allows us to detect anomalies early, monitor well integrity, adjust production more accurately and respond faster to emerging issues.

Governance and organisational readiness are equally important. We have a dedicated digital transformation committee that oversees how digital tools are introduced and scaled across the business.
By investing in our people, strengthening partnerships, and building the right foundations, we can scale AI in a way that improves performance, supports decarbonisation, and continues to deliver safe and reliable energy.

What impact have AI and digitalisation had on Mubadala Energy’s operations? How is Mubadala Energy leveraging AI and digital technologies to enhance its upstream operations and boost productivity?

AI and digitalisation have already delivered clear operational benefits across our upstream portfolio. One of the most important initiatives is the Pegaga Digital Twin, which is a digital replica of the Pegaga gas platform. It allows us to monitor and analyse operations in real time, helping improve performance and enhance safety.

We also use AI-enabled predictive maintenance through a Remote Diagnostic Service, which monitors equipment condition, detects anomalies and predicts potential failures before they occur. At our Pegaga gas field, this has helped prevent unplanned shutdowns and delivered significant cost savings. Production optimisation is supported through the Production Performance Tracking System, which automates production monitoring and provides live dashboards to support faster, data-driven decisions.

Digital technologies are also embedded in our health, safety, security and environment systems through our Intelligent HSSE solution. This is a proactive safety and emissions management approach that combines process safety data, HSSE reports, video and sensor technology to monitor conditions on our platforms in real time. By analysing this data continuously, we can identify emerging safety and environmental risks earlier and take preventive action to protect our people, assets and the environment.

Together, these initiatives show how we are using AI and digitalisation to improve productivity, reduce downtime and strengthen operational performance across our upstream operations.

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