The Middle East’s interest in digital tools that fall under the umbrella of the 4th Industrial Revolution has been gradually increasing and the energy stakeholders not investing in digitalisation are fast becoming outliers, according to Badar Chaudhry, senior vice-president, sector head – energy, Mashreq Bank
Industry
Total and Microsoft driving digital innovation and net zero goals
Total and Microsoft have agreed to collaborate as strategic partners to further digital transformation and support progress toward net-zero emissions
Africa Oil & Power boosts Mozambique local content via technical workshops
Africa Oil & Power (AOP) held its Mozambique Gas & Power (MGP) 2021 day of technical workshops, aimed at enhancing local content and knowledge transfer in Mozambique’s growing energy industry
Cheiron to acquire 50% of Shell's North African oil and gas interests
Cheiron Petroleum Corporation, Egypt’s one of the leading independent exploration and production company, has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert
Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal
Led by Energean’s US$405mn acquisition of Energean Israel, Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity during the Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database
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