Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, according to natural resources consultancy Wood Mackenzie’s report
Industry
ADNOC signs agreements worth almost US$1bn for project services
ADNOC has signed framework agreements valued at around US$1bn for Concept and Front-End Engineering Design (FEED) services relating to major projects across its full value chain to support the delivery of its 2030 strategy
How one organisation optimised digital twins in upstream design processes
In a whitepaper by the ARC Advisory Group, in collaboration with Bentley Systems, Valentijn de Leeuw, vice-president, March 2021, ARC Advisory Group, has described how one organisation optimised digital twins in upstream design processes
Middle East to register highest refinery condensate splitter capacity additions globally
The Middle East is expected to register the highest refinery condensate splitter capacity additions globally between 2021 and 2025, contributing more than half of the total capacity additions by 2025, according to GlobalData
'Licensing rounds in 2021 remain low due to COVID-19'
According to GlobalDatas report, H2 2021 Global Bid Round Outlook – licensing rounds in 2021 remain low due to the impact of COVID-19