8/31/2026 8:28:10 PM (Volume: 43 / Issue: 9)
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Tag: ENERGY

Energy, Oil & Gas

North Sea energy leaders named co-chairs of SPE Offshore Europe 2027

David Latin, Chair of Serica Energy, and Yaniv Friedman, Executive Chairman of Ithaca Energy, have been appointed co-chairs of the conference and executive committee for SPE Offshore Europe 2027 (OE27), which will take place at P&J Live in Aberdeen from September 7–9, 2027....

Energy, Oil & Gas

IEA warns critical mineral supply risks persist despite diversification efforts

The International Energy Agency (IEA) has warned that global supply chains for critical minerals remain highly vulnerable despite growing efforts to diversify production, with rising geopolitical tensions and export restrictions posing significant risks to energy security and industrial growth....

Energy, Oil & Gas

US, Iraq discuss deeper economic ties, energy investment

The United States and Iraq discussed expanding economic co-operation and increasing US investment in the Arab nation’s energy sector during high-level talks at the White House on Wednesday, as the two countries sought to deepen their strategic partnership. ...

Energy, Oil & Gas

Vedanta O&G named among India’s best workplaces 2026

Vedanta Oil and Gas Limited (VOGL) has been recognised among India’s Best Workplaces 2026 in the Energy, Oil & Gas industry by Great Place to Work India, marking the company’s seventh consecutive year receiving the certification....

Energy, Oil & Gas

Worley secures five-year Aramco deal for Saudi energy projects

Worley has secured a five-year agreement among 11 contractors selected by Aramco to support major Saudi projects, delivering energy infrastructure, consultancy services, and digital solutions across engineering, construction, and talent development....

Energy, Oil & Gas

Action Energy, Kellton form GCC AI joint venture

Action Energy Company (AEC) and Kellton have launched a GCC joint venture to deliver AI-powered digital oilfield and IT solutions. The partnership will roll out Kellton’s OPTIMA platform, beginning in Kuwait before expanding to Qatar, Saudi Arabia, the UAE and Oman....

Energy, Oil & Gas

Oman launches digital supply chain initiative for energy sector

Oman's Ministry of Energy and Minerals has launched a digital supply chain initiative to improve procurement, contract management and spending efficiency across the energy sector, which manages annual supply contracts worth more than RO4 billion ($10.4 billion)....

Energy, Oil & Gas

SLB secures Kuwait Oil Ahmadi Innovation Valley deal

SLB has been awarded a seven-year contract by Kuwait Oil Company under the Ahmadi Innovation Valley initiative, supporting research, digital innovation and deployment of technologies including AI, IIoT, reservoir management and energy transition solutions....

Energy, Oil & Gas

EU gas, renewables rise as coal falls in 2025

EU energy supply shifted toward cleaner sources in 2025, with gas up 2.3 per cent and renewables up 1.4 per cent, while coal and petroleum declined. Renewables remained the largest electricity source at 47.2 per cent, according to Eurostat....

Energy, Oil & Gas

Vision Golfe 2026 strengthens France-GCC energy, infrastructure partnerships

Vision Golfe 2026 brought together more than 1,200 participants, five ministers, senior government officials and business leaders in Paris this week, reinforcing its position as the leading platform for economic cooperation between France and the Gulf Cooperation Council (GCC)....

Energy, Oil & Gas

Oil prices rise as Trump threatens action on Iran

Oil prices surged on Monday after US President Donald Trump threatened renewed military action against Iran and warned that Washington could "take over" the Strait of Hormuz if ongoing negotiations with Tehran fail, reigniting concerns over global energy supplies....

Energy, Oil & Gas

Opec forecasts 23pc rise in global energy demand by 2050

Opec’s World Oil Outlook 2026 projects global energy demand to rise 23 per cent by 2050, with oil reaching 124 mb/d. It highlights the need for diverse energy sources, expanded access, and sustained investment to balance growth, sustainability and affordability....

Energy, Oil & Gas

Wood secures long-term Aramco engineering deal

Wood has secured a five-year Long-Term Agreement with Aramco, extendable by three years, to provide engineering, design and project management services for oil, gas, refining, petrochemical and lower-carbon hydrogen projects in Saudi Arabia....

Energy, Oil & Gas

Egypt, UAE strengthen energy ties with new investment talks

Egypt and the UAE have discussed expanding energy cooperation, focusing on increased Emirati investment in petroleum, aviation fuel, and exploration activities, alongside plans to establish a joint working group to advance sector opportunities....

Energy, Oil & Gas

Saudi Arabia, Korea deepen energy ties with new agreement

Saudi Arabia and South Korea signed an MoU to expand oil and gas cooperation, covering petroleum, petrochemicals, crude storage, pipeline infrastructure, technology, and sustainability initiatives, as the two countries seek to strengthen energy security and investment ties. ...

Energy, Oil & Gas

Freudenberg expands energy portfolio with Balmoral Comtec deal

Freudenberg Group has expanded its energy portfolio by acquiring Balmoral Comtec, strengthening its Flow Technologies business in sealing and connector systems for global energy markets spanning offshore oil, gas and renewables industries worldwide....

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