Saudi Arabian Oil Company (Aramco) and an international investor consortium, led by affiliates of BlackRock and Hassana, have closed the lease and leaseback deal previously announced on 6 December 2021
Industry
Optimism surging as global energy industry focuses on transition
Energy industry leaders say the energy transition is accelerating faster than ever, and that 2022 is set to be a strong year for industry growth, as set out in a new global report from DNV analysing the views of more than 1,000 senior energy professionals
IEA: Energy sector methane emissions 70% higher than official figures
Global methane emissions from the energy sector are about 70% greater than the amount national governments have officially reported, according to IEA analysis
Emerson launches new manufacturing facility in Jubail
Emerson has launched a manufacturing facility in Jubail, further diversifying its local manufacturing portfolio in Saudi Arabia and strengthening its local presence in the MENA region
UAE's ADNOC awards US$1.94bn in framework agreements to boost drilling
The Abu Dhabi National Oil Co. (ADNOC) has awarded framework agreements valued at US$1.94bn to grow its drilling business