Whatever path the world follows in its efforts to limit the rise in global temperatures, intensifying climate impacts will increase the pressure on all industries to find solutions

Engineering company SNC-Lavalin has been awarded an engineering services contract from Al Dhafra Petroleum, a joint venture company between ADNOC and the Korea National Oil Corporation and GS Energy

The Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with Italy’s energy company Eni to explore new opportunities for collaboration in carbon capture utilisation and storage, CCUS, and additional strategic opportunities in research and development across the oil and gas value chain

Rystad Energy continues to see a downward risk to prices, with further pressure on OPEC to implement even deeper production cuts in order to keep Brent oil prices around US$60 per barrel through 2020