Over the next few years, capital discipline will remain crucial and as the company continues to increase investment in low carbon and convenience, the prospects of a rebound of investment in its core oil and gas business is unlikely, according to Daniel Rogers, senior oil and gas analyst at GlobalData
Industry
OOMCO’s bunker terminal at Port of Duqm to be commissioned before Q2 2021
Oman Oil Marketing Company’s (OOMCO) general manager of international retail, Ali Ahmed Muqaibal, has shared a video presentation on the company’s expanding marine fuels and solutions at the Port of Duqm during the Middle East Bunkering Convention 2021
ProSep wins major contract to supply high-efficiency mixers
ProSep, which provides environmentally-friendly solutions to reduce chemical usage, save and clean water, has recently secured a multi-million-dollar contract with a leading Middle East based operator to deploy high-efficiency mixers
Shell, C3 AI, Baker Hughes and Microsoft launch Open AI Energy Initiative (OAI)
Shell, C3 AI, Baker Hughes and Microsoft have announced the launch of the Open AI Energy Initiative (OAI), an open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries
‘You can’t just change the system overnight’: Dan Yergin, IHS Markit
At the opening plenary of the on-line Baker Hughes Annual Meeting 2021, Dan Yergin, vice-chairman of IHS Markit, contributed his insights on the complexity of the energy transition in the Middle East and the world and how this would impact the market in following decades
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