Industry

Low carbon oil will play a central role in the energy transition, according to Dr Sultan Ahmed Al Jaber, the UAE minister of industry and advanced technology and managing director and group CEO of the Abu Dhabi National Oil Company (ADNOC)

Jeddah-headquartered Zahid Group, represented by ‘Altaaqa Alternative Solutions,’ and the French energy company Total, represented by ‘Total Solar Distributed Generation,’ have established a joint venture named SAFEER – Saudi French for Energy Efficiency and Renewables

With delays and COVID-19 restrictions hampering oil and gas project timelines in 2020, 2021 is forecast to see a bump in both field starts and final investment decisions across the Europe, Middle East and Africa (EMEA) region, according to GlobalData

Ian Thom, director Middle East upstream at Wood Mackenzie, has identified a number of underlying themes which will be critical in the year ahead