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The transaction supports ADNOC’s ambitious chemicals strategy. (image source: ADNOC)

ADNOC is to acquire OCI Global’s entire majority shareholding in Fertiglobe plc, the largest nitrogen fertiliser producer in the Middle East and North Africa and producer of sustainable ammonia

Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens contributed to the successful flight. (Image source: Adobe Stock)

The first test flight to demonstrate the potential for converting methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE 

Global Drilling Rig Demand by Region, 2023 vs 2027. Source: Westwood Global Land Rigs

Demand from the Gulf Cooperation Council (GCC) countries is forecast to boost MENA land rig demand by almost 50% from 2023-2027, according to the latest edition of Westwood Global Energy Group’s World Land Drilling Rig Market Forecast.

Saudi Arabia's Energy Minister has announced that OPEC+ production cuts can be extended past the first quarter of 2024 if needed. (Image source: Adobe Stock)

The OPEC+ oil production cuts can “absolutely” continue past the first quarter if needed, Saudi Energy Minister Prince Abdulaziz bin Salman has said, pledging the curbs would be delivered in full

The Uni-Mini and Uni-Max USVs. (Image source: Unique Group)

Unique Group, global innovators in subsea technologies and engineering, has launched two new Unmanned Surface Vessels (USVs), the Uni-Mini and Uni-Max, designed for surveying operations and engineered to meet diverse operational needs across challenging environments

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