Despite growing demand and ambitious country pledges for net zero, the energy supply chain is shifting into oil and gas, triggered by a lack of consistent and profitable work in green projects, raising concerns that net zero 2050 commitments will also be delayed
Industry
Coretrax goes for growth in the Middle East
Coretrax, the Aberdeen-based global well integrity and production optimisation company, is planning for further growth following recent successes, with a strong showing in the Middle East
Smart remote I/O for enhanced oil and gas flow control
The next evolution in smart remote I/O, the ABB XIO series is an extended range of all-in-one devices to monitor, control and manage oil and gas flow applications
Preventing sustained pressure with Halliburton's Obex EcoLock
Halliburton have introduced Obex EcoLock, a new compression-set packer that helps prevent sustained casing pressure (SCP)
SNOC and Sumitomo Corporation to collaborate on CCS development
Sharjah National Oil Corporation (SNOC) and Sumitomo Corporation Middle East FZE are to collaborate on a feasibility study looking at the potential for carbon capture and storage (CCS) in Sharjah and beyond