DNV GL launches standard for design, construction and installation of pipelines using horizontal directional drilling

The new standard provides a series of minimum requirements and best practice for all phases, from site investigation, engineering and planning to execution of pipeline installation to reduce the risk associated to HDD crossings A new standard for site investigation, engineering, planning and execution of pipeline installation through horizontal directional drilling (HDD), has been published […]

APICORP signs deal with Yellow Door Energy for rooftop solar panels at headquarters

New fittings expected to generate 718 MWh of clean energy and cut carbon emissions by 2,000 tonnes in the first year In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it signed two agreements with Yellow Door Energy […]

Increase in production of unconventional resources to drive artificial lift systems market: TMR study

The rise in number of mature fields and aging oil & gas wells is estimated to boost the demand for artificial lift systems The global artificial lift systems market was valued at ~$8.1bn in 2018 and is anticipated to expand at a CAGR of ~5% during the forecast period. In terms of component, the hardware […]

Saudi International Maritime Industries signs rig deals with Lamprell and ARO Drilling

IMI will builds its first two new build jack-up drilling rigs for ARO Drilling in the UAE Saudi Arabia’s International Maritime Industries (IMI) signed two rig purchase agreements with ARO Drilling and a subsequent sub-contract agreement with long-term partners Lamprell Energy to build two jack-up drilling rigs. ARO is an offshore drilling contractor that owns, […]

UAE petrol prices see increase in December

Diesel remains at Dh2.38 per litre. Prices for petrol in UAE will see a slight increase in December, it was announced on Thursday. Super 98 petrol will now cost Dh2.24 per litre, up from Dh2.20 a litre in November, while Special 95 will cost Dh2.12, up from Dh2.09 a litre the previous month. Diesel will […]

Oil-rich United Arab Emirates aims to be a sustainable energy pioneer

Imagine if you and your extended family were digging in the backyard and found something valuable like, say, 10% of the world’s oil reserves. That’s the story of the United Arab Emirates (UAE), a small country with big assets and bigger ambitions. UAE should be a powerful defender of the status quo on energy use. Denying climate […]