Alturki Ventures, the venture capital arm of Saudi Arabia-based Alturki Holding, has provided a significant growth capital investment in Acoustic Data, a UK-based global leader in wireless downhole technology
Industry
ADNOC, Masdar and bp strengthen collaboration on clean hydrogen
Abu Dhabi National Oil Company (ADNOC), bp and Masdar have strengthened their strategic partnership to progress the development of clean hydrogen and technology hubs, driving energy innovation for both the UAE and the UK
MacDermid Offshore Solutions launches organic and biodegradable lubricant
MacDermid Offshore Solutions, the leading provider of high-performance and environmentally-friendly products for the offshore oil and gas industry, has expanded its product line with the release of Oceanic EL 08, a new organic and biodegradable lubricant
Global oil & gas contracts stifled in Q1 2022 - GlobalData
Global oil and gas contracts saw a drop in value in Q1 of 2022 compared with Q4 of 2021 – although Saudi Aramco bucked the trend, according to new research from GlobalData
Halliburton and Aker BP collaborate to develop next generation field development planning
Halliburton has announced that it and Aker BP, a Norwegian oil and gas exploration and production company, will co-develop next generation field development planning software through a new cloud application – Field Development Planning (FDP) – from Halliburton