Data Gumbo, the industrial smart contract network company, has been named as the Oil and Gas Startup Company of the Year at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) Awards Gala
Industry
Mobile emissions treatment in line with Saudi and Middle East green initiatives
ENDEGS, the market leader in mobile combustion technology, has developed the world’s first fully equipped, autonomously operated, trailer-mounted vapour combustion unit (VCU) for hydrocarbons, with combustion power available in 5, 10 or 20 MW capacity
ADNOC distribution launches next generation retail experience
ADNOC Distribution, the UAE’s largest fuel convenience retailer, is the first fuel retailer in the Middle East has launched the next generation retail experience, a fully autonomous and contactless and cashier-less ADNOC Oasis store
ADNOC launches global green energy venture
HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, chairman of the Abu Dhabi Executive Office and chairman of the Executive Committee of the Board of Directors of Abu Dhabi National Oil Company (ADNOC), has launched a global renewable energy and green hydrogen venture between ADNOC and Abu Dhabi National Energy Company PJSC (TAQA)
Falling costs make new oil cheaper to produce, says Rystad Energy
Rystad Energy’s annual cost of supply analysis has revealed that costs within the upstream sector have come down considerably in 2021, making new oil more competitive and significantly cheaper to produce