A combined value of US$9.9bn in mergers and acquisitions (M&A) was recorded in the oil and gas equipment and services industry in Q3 2018, according to GlobalData a leading data and analytics company
Industry
Promise of IoT and AI in the oil sector very big – UAE Minister for AI
Omar bin Sultan Al Olama, UAE minister for artificial intelligence, has shared his vision of the oilfield of the future at ADIPEC 2018
‘Middle East driving global growth in conventional oil output’
Middle Eastern oil production is expected to grow by 2.7 mmbbl per day by 2025, according to latest Rystad Energy analysis
MENA will remain main global supplier of oil and gas, says DNV GL
The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century, according to DNV GL’s 2018 Energy Transition Outlook, an independent forecast of the world energy mix in the lead-up to 2050
‘Gazprom Neft-Mubadala deal has opened up many avenues in Middle East’
At ADIPEC 2018, a lot of international partnerships were forged but one that has been almost a year-long affair is that between Abu Dhabi and Russian energy bigwigs
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