Baker Hughes (BHGE), a GE company, announced a series of new contracts and partnerships at its two-day event in Florence from 29-30 January 2018, which assembled more than 1,000 senior oil and gas and government leaders
Industry
Saudi Aramco signs JDA to commercialise TC2C technology
Saudi Aramco has signed a three-party joint development agreement (JDA) to scale up and commercialize Saudi Aramco’s Thermal Crude to Chemicals (TC2C™) technology
MENA oil and gas expenditure set to rise - DNV GL
Expenditure and R&D investment in the MENA’s region’s oil and gas sector are set to rise, according to a new survey from DNV GL, the technical adviser to the oil and gas industry
McDermott wins substantial Saudi Aramco contract
McDermott International has won a substantial contract award from Saudi Aramco for the engineering, procurement, construction and installation of 13 jackets in the Zuluf, Marjan, Berri and Abu Safah fields, offshore Saudi Arabia
Survey stresses benefits of digitalisation for hazardous industries
The second instalment of Petrotechnics’ Operational Excellence Index (OEI) has revealed companies in hazardous industries are embracing digital transformation as a means of achieving Operational Excellence (OE), but the rapid pace of innovation and fear of change could limit widespread adoption