November 2026 (Volume: 43 / Issue: 11)
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Tag: energy

Energy, Oil & Gas

Bapco Energies invests in Kimmeridge Fund VII to explore energy opportunities

Bapco Energies has invested in Kimmeridge Fund VII through its venture arm, BeVentures, marking its first fund investment. The partnership will explore opportunities across the natural gas and LNG value chain, including potential co-investments supporting Bahrain’s long-term energy priorities....

Energy, Oil & Gas

Emsteel boosts UAE’s presence in global energy projects

Emsteel Group continues to strengthen its presence in global energy projects by supplying heavy and jumbo structural steel sections to energy projects, offshore platforms as well as industrial infrastructure....

Energy, Oil & Gas

ASMO expands procurement services to support Aramco’s upstream operations

ASMO, the joint venture between Aramco and DHL Supply Chain, has launched procurement services covering drilling, chemicals and project materials for its anchor customer, Aramco, marking a strategic expansion into high-value categories supporting the energy giant’s upstream operations and projects....

Energy, Oil & Gas

ADIPEC 2026 closes with record $67bn in energy agreements

A record-breaking ADIPEC 2026 ended on a solid note with more than 50,000 deals worth an estimated $67 billion being sealed over four days, up 26.4% over 2025. The mega energy event welcomed 240,000 attendees from 170 countries, thus reinforcing its position as a global meeting point for the energy sector. ...

Energy, Oil & Gas

Spanish energy firms highlight UAE market opportunities at ADIPEC 2026

Leading Spanish fluid-handling equipment manufacturers are out in force at the top energy expo ADIPEC 2026 in Abu Dhabi, showcasing their innovative products and solutions for the oil and gas sector. The four-day event brought together more than 2,260 exhibitors from 170 countries across the globe. ...

Energy, Oil & Gas

Wood, Databricks partner to accelerate AI adoption across energy sector

Wood has partnered with Databricks to accelerate artificial intelligence adoption across the energy sector, combining data and AI capabilities with engineering expertise to help companies improve operational efficiency, productivity and decision-making throughout the asset lifecycle....

Energy, Oil & Gas

Nearly two-thirds of energy leaders rank AI among top corporate priorities

AI investment and adoption are accelerating across the global energy sector, with 62 per cent of industry leaders ranking it a top corporate priority, according to a new ADNOC, XRG and Microsoft report, which also highlights growing returns and infrastructure challenges....

Energy, Oil & Gas

ADNEC kickstarts November with top energy, tourism events

Adnec Group, a Modon company, kicks off November by hosting two of most significant international events - ADIPEC 2026, the world’s largest energy event, in Abu Dhabi and World Travel Market (WTM) London, one of the global travel industry’s leading gatherings, at the Group’s Excel London venue - in the same week. ...

Energy, Oil & Gas

EMDAD unveils new identity as NMDC Emdad

EMDAD, a leading integrated service provider for the energy, utilities, and industrial sectors, has announced its official rebranding to NMDC Emdad. ...

Energy, Oil & Gas

Abu Dhabi Chamber reports 6,224 active energy-sector members

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has announced that its active energy-sector membership reached 6,224 as of October 2026, with more than 2,500 companies joining since the beginning of 2024. New registrations in the sector rose by 11% in 2025 compared with 2024....

Energy, Oil & Gas

AfDB urges Congo to channel oil windfalls into debt reduction

The African Development Bank (AfDB) has recommended Congo to introduce an automatic mechanism to capture additional oil revenues when crude prices exceed budget assumptions, as the country seeks to strengthen fiscal stability, reduce debt and attract investment into its energy sector....

Energy, Oil & Gas

ADNOC Drilling posts $1.07bn profit, launches new growth strategy

ADNOC Drilling reported record revenue of $3.7 billion and net profit of $1.07 billion for the first nine months of 2026, as it launched its Drill-to-Operate strategy to expand services across the well lifecycle and diversify revenue streams....