The prevailing uncertainties of the global market mean drilling companies are having to make careful judgement calls on the extent to which they keep their assets primed for work
Industry
Mubadala Petroleum and Eni co-operate on energy transition initiatives
Mubadala Petroleum and Eni, the integrated international energy company, have signed a Memorandum of Understanding (MoU) aimed at identifying cooperation opportunities in the energy transition sector, including the fields of hydrogen and carbon capture, utilisation and storage (CCUS), that align with their respective decarbonisation targets
Valves for a sustainable future
We are extremely proud to announce that the Oliver Valves family of companies intends to drive its decades of oil and gas valve know-how, coupled with world leading R&D capability, into the green energy and emission abatement sector using the newly incorporated Oliver Hydcovalves Ltd company as the vehicle
Aramco announces major expansion of industrial investment programme
Aramco has announced a major expansion of its industrial investment programme, Aramco Namaat, with the signing of 22 MoUs and one joint venture (JV) agreement focused on capacity building in four key sectors: sustainability, technology, industrial and energy services and advanced materials
Lloyd’s Register and Inmarsat develop remote survey solution
Lloyd’s Register (LR) and Inmarsat have announced an industry-first collaboration between a satellite communications provider and classification society to provide a connectivity solution that will address challenges experienced during remote surveys