Tag: worlds
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The world’s largest oilfield services company is shrinking its business in Russia
The American company (SLB), the largest oilfield services company in the world, has begun to reduce its activity in Russia after more than a year has passed since the Russian-Ukrainian war, and the imposition of multiple Western sanctions packages. And it seems that the measures to reduce its operations and activity in Russia began since…
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The UAE’s ADNOC begins developing the world’s first well for carbon injection and sequestration in groundwater
The Emirati company, ADNOC, has begun implementing the first project of its kind in the world to inject and capture carbon dioxide (carbon dioxide) in groundwater brine. The project is part of Abu Dhabi National Oil Company’s $15 billion plan to reduce emissions from its operations, and supports its goal of reducing emissions intensity by…