Adnoc Drilling wins $806m deal for 3 island rigs

Adnoc Drilling Company has been awarded a contract for three island rigs by Adnoc Offshore for an estimated total contract value of $806 million to support expanding operations at the offshore Zakum development project.    These three rigs are in addition t

Digitalisation will help attract talent: AVEVA CEO

Will Artificial Intelligence (AI) and digital technologies reduce job opportunities in the industrial and energy sectors, even as these industries are seen as vital job providers–particularly in developing economies?   OGN raised this pressing question wit

Breaking barriers: Women transform energy leadership

The global energy sector has always reflected larger economic and geopolitical shifts, shaped by cycles of growth, disruption, and reinvention.   Despite the headwinds – volatile oil prices, net-zero transitions, inflationary concerns, and a persistent tal

Maire announces new contract awards worth $1.1bn

Maire, has announced that its subsidiaries Tecnimont and KT-Kinetics Technology have been granted new awards for a total amount of approximately $1.1 billion for engineering, procurement and construction activities by Nextchem's group companies for the development of biofuel facilities.

SABIC losses narrow to $320m in Q1

SABIC, a global leader in chemicals, reported a net loss of SAR1.2 billion ($320 million) for the first quarter of 2025, representing a 36% improvement compared to a net loss of SAR1.9 billion in the previous quarter.   Commenting on the results, Abdulrahman Al-

UAE supplies 41.4pc of Japan’s oil imports in March 2025

Masdar completes acquisition of Greece's largest renewables firm

Besix secures LNG jetty contract at Sohar Port

Besix, a specialist in the design and construction of marine infrastructures, has won a significant marine infrastructure project at Sohar Port and Freezone, Oman.    The scope includes the construction of a liquefied natural gas (LNG) jetty, comprehensive

Independent probe ordered into Bapco incident

An independent consultant has been formally appointed to lead the investigation into a tragic incident at the Bapco Refining complex on May 2.   The incident, which involved process safety equipment, resulted in the death of two employees and one is critically i

TotalEnergies, OQEP break ground at Marsa LNG

TotalEnergies and OQ Exploration and Production celebrated the ground-breaking of the Marsa LNG plant, in the port of Sohar, northern Oman.   This comes one year after the final investment decision on the project.   The vent was he