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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Top Government Initiatives in Oil & Gas

Read about all the government initiatives in Oil & Gas

UAE

  •  October 18, 2024

ADNOC deploys AIQ’s Advanced Reservoir 360 (AR360) solution on over 30 reservoirs, enhancing reservoir manag ..Read More

ADNOC deploys AIQ’s Advanced Reservoir 360 (AR360) solution on over 30 reservoirs, enhancing reservoir management and field development planning. Initially tested in 2024 at Bab and Umm Shaif fields, AR360 optimizes drilling and production, supporting ADNOC’s digital transformation and sustainability goals.
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MENA

  •  October 16, 2024

Weatherford International partners with Decahydron to innovate Natural Hydrogen extraction and CO₂ mineralis ..Read More

Weatherford International partners with Decahydron to innovate Natural Hydrogen extraction and CO₂ mineralisation in ultramafic rock formations across MENA. The collaboration, attended by dignitaries including HE Ahmed Al Kaabi, aims to advance the UAE’s National Hydrogen Strategy 2050 and support cleaner energy solutions.
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Saudi Arabia

  •  October 15, 2024

Aramco and Cybernetix, a Technip Energies subsidiary, have signed a Memorandum of Understanding to explore int ..Read More

Aramco and Cybernetix, a Technip Energies subsidiary, have signed a Memorandum of Understanding to explore integrated robotics solutions for autonomous inspection and maintenance operations. This collaboration aims to optimize operations and enhance the Saudi Aramco Autonomous Robotics (SAAR) project across the Kingdom.
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Saudi Arabia

  •  October 13, 2024

ADES Holding Company (ADES) has secured 10-year contract renewals for its ADES 13 and ADES 14 onshore rigs in ..Read More

ADES Holding Company (ADES) has secured 10-year contract renewals for its ADES 13 and ADES 14 onshore rigs in Saudi Arabia. This renewal, effective upon current contract expiry, enhances revenue visibility and underscores the company's optimistic outlook in the Kingdom, according to CEO Dr. Mohamed Farouk.
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UAE

  •  October 10, 2024

ADNOC Logistics and Services plc (ADNOC L&S) and AW Shipping have awarded contracts worth $250 million to Chin ..Read More

ADNOC Logistics and Services plc (ADNOC L&S) and AW Shipping have awarded contracts worth $250 million to China's Jiangnan Shipyard for two Very Large Ammonia Carriers (VLACs), enhancing lower-carbon energy supply. This partnership, announced at Jiangnan Shipyard's new Abu Dhabi office opening, underscores commitment to the energy transition. The VLACs, with a capacity of 93,000 cubic meters, are set for delivery between 2027 and 2028, featuring energy-efficient dual-fuel engines.
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Oman

  •  October 10, 2024

KCA Deutag has secured over $900 million in new contracts and extensions for land and offshore drilling projec ..Read More

KCA Deutag has secured over $900 million in new contracts and extensions for land and offshore drilling projects across Saudi Arabia, Oman, Pakistan, Angola, and Europe. This includes $431 million in new land contracts, with significant extensions in Saudi Arabia valued at $352 million, reinforcing KCA Deutag's reputation as a premier drilling contractor.
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Oman

  •  October 09, 2024

Oman LNG Signs 4-Year Sales and Purchase Agreement with Kansai Electric Power FTS PTE. Ltd. for 0.4 Million Me ..Read More

Oman LNG Signs 4-Year Sales and Purchase Agreement with Kansai Electric Power FTS PTE. Ltd. for 0.4 Million Metric Tonnes Per Annum (MTPA) of LNG Starting 2026, Aiming to Enhance Partnership and Expand Market Reach in Japan.
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Oman

  •  October 09, 2024

Ministry of Energy and Minerals Signs Concession Agreements for Areas 11-A and 51-F, Partnering with Oman Chro ..Read More

Ministry of Energy and Minerals Signs Concession Agreements for Areas 11-A and 51-F, Partnering with Oman Chromite Company and Minerals Development Oman; Aiming for Comprehensive Exploration of Chromium, Copper, and High-Purity Silica in Al Buraimi and Al Wusta.
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