Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing – a trend that has major implications for consumers, businesses and the environment, according to the International Energy Agency (IEA)
Industry
Churchill Drilling Tools completes four drill-string severs in Middle East
Oilfield service company Churchill Drilling Tools has announced four successful drill-string severs using its HyPR HoleSaver, following stuck pipe events across the Middle East, including two in the UAE
Saudi Aramco to offer IPO on domestic stock market
Saudi Aramco, the world’s largest integrated oil and gas company, has announced its intention to proceed with an initial public offering (IPO) on Riyadh’s Tadawul Stock Exchange
Saudi Aramco, Air Products, ACWA Power to establish power plant JV
Saudi Aramco has announced its intention to establish the Jazan Power Joint Venture (JV)
DNV GL releases new recommended practice (RP) for subsea pumping systems
A new DNV GL recommended practice (RP) has unlocked new opportunities for the oil and gas sector to deliver more cost-efficient and environmentally friendly subsea processing for improved hydrocarbons recovery