Top 5 Assets to watch in 2022

Top 5 Assets to watch in 2022

Dubai, United Arab Emirates, (AETOSWire) : The economic recovery is likely to continue this year but that there can be plenty of volatility due to these three reasons. High inflation Diminishing central bank support Coronavirus uncertainty However, Gulf Brokers has handpicked some of the best assets class investments that are worthy to be watched this year. US DOLLAR The US dollar is a financial instrument that is usually expected to gain value during periods of uncertainty. 2021 was the best year for the greenback since 2015. The dollar index, which measures…

Halliburton Awarded Production Chemicals and Associated Services Contract in Oman

Halliburton Awarded Production Chemicals and Associated Services Contract in Oman

HOUSTON–(BUSINESS WIRE/AETOSWire)— Halliburton Company (NYSE: HAL) announced today that it won a contract to provide Production Chemicals and Associated Services for a large IOC in Oman. Under the seven-year contract, Halliburton will supply a full suite of customized products along with specialized services to support the in-field chemical treatments. “We are excited to provide our production chemical expertise and management services to help our customer maximize their asset value in Oman,” said Miguel Gonzalez, vice president of Halliburton Multi-Chem. “This collaboration aims to improve operational efficiencies and reliability by applying tailored…

Kuwait Oil Company Selects Halliburton for Digital Transformation Projects

Kuwait Oil Company Selects Halliburton for Digital Transformation Projects

HOUSTON–(BUSINESS WIRE/AETOSWire)– Halliburton Company (NYSE: HAL) today announced it received a contract from Kuwait Oil Company (KOC), a world leader in digital transformation, to expand KOC’s digital transformation journey by implementing solutions to maximize operational efficiency and increase production. The scope applies to all Kuwait fields including West Kuwait, South and East Kuwait, and Heavy Oil, complementing a recently awarded contract for similar services in North Kuwait. Halliburton will collaborate with KOC to accelerate their data-to-decisions cycle by implementing automated work processes and digital twins across KOC’s major assets. The…

Halliburton to Provide Digital Solutions for Kuwait Oil Company

Halliburton to Provide Digital Solutions for Kuwait Oil Company

HOUSTON–(BUSINESS WIRE/AETOSWire) – Halliburton Company (NYSE: HAL) today announced it was awarded a contract from Kuwait Oil Company (KOC) to collaborate on their digital transformation journey through the maintenance and expansion of digital solutions for their North Kuwait asset. It will allow KOC to accelerate their data-to-decisions cycle by designing and operating digital twins of the field to automate work processes, supported by DecisionSpace® 365, a cloud-based subscription service for E&P applications. Built on an open architecture, DecisionSpace® 365 will help KOC engineers’ model, optimize and deploy intelligent work processes…

Seatrade Maritime Middle East Virtual 2020 concludes day one  with an emphasis on sustainability, digitalisation and innovation in the industry

سيتريد الشرق الأوسط للقطاع البحري 2020

The event witnessed a huge turnout and strong support from industry players across the region  Seatrade Maritime Middle East Virtual 2020 (SMMEV), the region’s leading event in the shipping industry, commenced virtually yesterday. The event that will wrap up on December 16, has a successful first day with insightful discussions and significant support from key leaders in the industry from the Middle East and around the globe. This platform united professionals from the industry, shedding light on pertinent topics including recovery strategies to tackle the COVID-19 and the market outlook…

Natural Gas Can Play an Important Role in the Energy Transition to a Lower Carbon Economy

The switch from coal to natural gas for baseload power generation could result in the needed quick emissions reductions, Crescent Petroleum CEO Majid Jafar tells business leaders at Global Energy Forum. Sharjah, United Arab Emirates, 13 January 2019, (AETOSWire): Policy makers worldwide have a proven solution for cutting carbon emissions by switching electricity generation from coal and oil to natural gas, Majid Jafar, CEO of Crescent Petroleum, told an audience of energy ministers and industry leaders meeting in Abu Dhabi this morning. As global demand for energy rises, natural gas…