Energy specialists Occidental and Abu Dhabi National Oil Company (ADNOC) will evaluate investment opportunities in direct air capture (DAC) facilities and carbon dioxide (CO2) sequestration hubs in the US and the United Arab Emirates (UAE).
Tamboran Resources has awarded John Wood Group with an engineering contract for its proposed Northern Territory liquefied natural gas (LNG) development in Darwin, Australia, that hopes to reach a 6.6 million tonnes per annum capacity.
NET Power, developer of the novel Allam-Fetvedt supercritical carbon dioxide (sCO2) power cycle, will build its first 300-MW natural gas–fired power plant
Wood marks a year of strategic growth in the Middle East region following a suite of contract awards and strategic framework renewals across its Consulting, Projects and Operations business units, accumulating in $580 million of secured backlog in 2021.