PETRONAS Abu Dhabi, a subsidiary of Malaysia's PETRONAS, has secured a new oil and gas exploration concession for Onshore Block 2 from the Supreme Council for Financial and Economic Affairs. This block spans over 7,300 sq km in Abu Dhabi's Al Dhafra region, and under the agreement, PETRONAS will hold 100% equity and serve as the operator. This concession marks PETRONAS Abu Dhabi's third exploration award, following previous concessions in 2022 and 2024. Image Credits: Adobe Stock (top left and bottom); Emerson (top right) Onshore Block 2 is Petronas Abu Dhabi’s third exploration concession. news Emerson unveils Innovation Hub at SPARK PETRONAS Abu Dhabi wins new exploration concession Emerson has inaugurated its cutting-edge manufacturing and innovation hub at the King Salman Energy Park (SPARK), as part of its Middle East expansion strategy. This new facility underscores Emerson’s dedication to enhancing its presence in Saudi Arabia. Spanning 140,000 square feet (13,000 sq m), the hub integrates the company’s wide range of automation technologies, including control and safety systems, measurement instrumentation, control valves, isolation valves, pressure relief valves, solenoid valves, and industrial lighting solutions, all under one roof. This new facility underscores Emerson’s dedication to enhancing its presence in Saudi Arabia. 6 ISSUE 7 2024 | oilreviewmiddleeast.com