Wood has been awarded an enterprise framework agreement (EFA) to continue to provide services to Shell’s projects in the Middle East and worldwide
Industry
ADNOC and Occidental to partner on DAC and CCUS initiatives
ADNOC and Occidental have announced a collaboration to explore investment opportunities in Direct Air Capture (DAC) facilities and carbon dioxide (CO2) sequestration hubs in the USA and the UAE
ADNOC doubles down on decarbonisation
ADNOC has announced it is bringing forward its net zero ambition to 2045, from its previous target of 2050, and is looking to achieve zero methane emissions by 2030
Energy supply chain refocusing on oil and gas: EIC
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
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