Saturday, May 17, 2025
U.S. and UAE announce $440 billion in energy investments- oil and gas 360

U.S. and UAE announce $440 billion in energy investments

(Oil Price) – The United States and the United Arab Emirates (UAE) expect to invest a total of $440 billion in the energy sector through 2035, Sultan Al Jaber, the chief executive of the UAE’s state oil and gas firm ADNOC, said on Friday. The United States is expected to invest $60 billion in energy projects in the UAE, while the Gulf oil-producing

Weatherford, AIQ partner to integrate AI-driven systems for oil and gas operators- oil and gas 360

Weatherford, AIQ partner to integrate AI-driven systems for oil and gas operators

(World Oil) – Weatherford has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) company developing innovative solutions for the energy sector. This partnership is set to bring transformative efficiency to energy production, leveraging advanced automation, data-driven insights, and the power of AI technology. The collaboration aims to integrate Weatherford’s world-class software and hardware