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News
| Oil & Gas
An overview of news, trends and research in the Oil & Gas industry in the Middle East:
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No news found.
Fossil fuels to take a back seat in the global energy landscape
Covid-19 has caused a short-term dip in global energy demand, while a long-term shift away from oil and other fossil fuels takes on a new pace in the backdrop.
29 January 2021
Three priorities for offshore oil drillers to navigate the crisis
The recent plummet in oil demand and collapse in prices has inflicted considerable damage on the oil and gas sector, with few businesses suffering more than offshore drillers.
29 December 2020
Digital can power ahead Qatar's renewable energy vision
Qatar is set for an accelerated shift to renewable energy, according to a new study by Roland Berger, which in turn will have a “dramatic and lasting impact” on Qatar's energy system.
24 November 2020
Executives in oil & gas are gearing up tech and talent investments
Under siege from all directions, the global oil & gas industry is turning to technology for answers. A new EY report presents the state of tech in the industry.
12 November 2020
Supply chain and procurement strategies for oil and gas
With the oil prices at historic lows and with the Covid-19 supply chain disruptions, oil and gas companies are in major need to evaluate their supply chain and procurement strategies.
04 May 2020
Petrochemicals takes double hit from oil prices and Covid-19
The petrochemicals sector across the world is dealing with significant disruptions from the Covid-19 crisis, and making matters even more challenging, the sector is now also facing a crude oil price
30 April 2020
Building resilience and a future-proof strategy in oil & gas
As the oil industry faces the biggest crisis in decades, the sector needs to build resilience in light of an uncertain future and future-proof their strategy.
27 April 2020
Consultancies invited to bid for Kuwait oil restructuring project
The Kuwait Petroleum Company has floated a tender for the implementation of a comprehensive restructuring project for the local oil sector, with eight international consultancies prequalified.
01 October 2019
ENOC partners with EY and BCGDV on new accelerator programme
The Emirates National Oil Company has announced the launch of an energy sector accelerator with the support of Ernst & Young and BCG Digital Ventures.
07 August 2019
Consulting execs join judges’ panel for Middle East Energy awards
The judges’ panel has been assembled for this year’s Middle East Energy Awards, with leaders from consultancies Frost & Sullivan and Deloitte among the adjudicators.
02 August 2019
EY teams with World Energy Council for Abu Dhabi world congress
Big Four professional services firm Ernst & Young has come on board as a platinum sponsor for this year’s World Energy Congress to be held in Abu Dhabi in September.
30 July 2019
Deloitte joins list of official certifiers for ADNOC's in-country value programme
24 April 2019
State participation required for Lebanon to capitalise on oil & gas potential
Lebanon will need to take on an active operational role to realise the full potential of its fledging oil & gas industry a new report argues, including the development of local expertise.
05 November 2018
Industry 4.0 can significantly impact the growing GCC petrochemical sector
With the big oil players in the Middle East significantly ramping up their petrochemical capacity investments, Oliver Wyman has outlined the potential impact of Industry 4.0 on the sector.
12 June 2018
Bain cautions against profligacy as global oil & gas capex on the up
As oil prices begin to stabilise and capital spending in the sector returns, the global management consulting firm Bain & Company has warned of an incautious approach, with the fiercely competitive i
28 May 2018
Oman calls in McKinsey on refining and petrochemical industry integration
Strategy and management giant McKinsey & Company has been working with Oman on plans to integrate the Sultanate’s refining and petrochemical sectors into a single entity, according to recent reports
18 May 2018
WorleyParsons awarded oil refinery contracts in the UAE and Kuwait
Australian resources and energy engineering firm WorleyParsons has landed two project management contracts in the Middle East, with separate oil & gas deals announced for the UAE and Kuwait.
12 April 2018
Expert forecasts agree on slight rise in global oil prices for year ahead
Global oil prices are predicted to rise moderately in 2018 according to a cross-section of industry CEOs, country projections, and institutional market forecasts compiled by global consulting firm Ro
10 April 2018
Consultancy says Iraq needs $30 billion in FDI per year for stabilisation
As an element of political stability returns to Iraq, the consulting firm Frost & Sullivan has said that the country will require $30 billion per year in foreign direct investment if its stabilisatio
22 February 2018
Arthur D. Little joins Dubai Dewa and Saudi Aramco co-operation talks
Top representatives from management consulting firm Arthur D.
10 January 2018
BCG recommends petrochemical sector consolidation in the Middle East
A new report from The Boston Consulting Group has strongly recommended consolidation as the key to avoid ongoing stagnation for petrochemical companies of the Gulf Cooperation Council in the increasi
04 January 2018
Innovation is changing the face of the oil and gas industry
Disruptive innovation is changing the face of the oil and gas industry at an unprecedented pace and scale, write Eduard Gracia and Sean Wheeler, respectively Principal and Partner at A.T.
02 January 2018
Scottish-UAE oil & gas consultancy brokers Al Yaseah | Norco deal
Al Yaseah, an oil and gas industry supply and service provider based in Abu Dhabi, has signed a joint venture with stored electrical energy system specialists Norco Group of Aberdeen, in a transactio
13 December 2017
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