Middle East’s regional GDP will grow by 2.4% this year, a similar rate to the region’s average growth trajectory in the last decade, and an improvement from the 4.4% it shrank by in 2020, according to the Economic Insight report for the Middle East, compiled by Oxford Economics
Industry
Sensia – How it brings connected enterprise to life for oil and gas
Mike Corrieri, sales manager – EMEA – heavy industries, Rockwell Automation, has highlighted how connected operations can deliver massive efficiency gains for oil and gas businesses that operate in a volatile environment with profit margins under continual pressure
Equinor discusses how to recover from Covid-19 towards an uncertain future
Energy perspectives addressed relevant topics and challenges that can inform discussions and build a greater understanding of what is needed to realise an energy transition and the decisions the world faces, according to Eirik Wærness, chief economist in Equinor
FutureOn releases next-gen energy engineering tool
FutureOn, the software company specialising in the energy sector, has designed a tool, FieldTwin Design 6.0, for the next-generation energy engineer
ShaMaran announces cumulative oil production milestone of 45 mmbbl at Atrush
ShaMaran Petroleum has announced that the Atrush block, in the Kurdistan region of Iraq, has surpassed the cumulative oil production milestone of 45 million barrels since its first oil in July 2017
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