Author: Business Dunes
Advancements in computational modelling and experimental research are transforming how the oil and gas industry manages multiphase flow—the simultaneous movement of gas, liquids, and sometimes solids through pipelines. Sophisticated tools like AspenTech’s HYSYS® and the Tulsa Unified Model (TUM) are enhancing flow prediction accuracy, boosting efficiency, reducing costs, and improving safety and sustainability in pipeline operations. Understanding the Challenge In oil and gas transport, especially from offshore platforms to onshore facilities, fluids often move in unprocessed states. This mixture of gas, oil, and sometimes water or solids creates multiphase flow, which is complex to predict and manage due to varying…
In a world defined by disruption, digitization, and rapid transformation, the future of business belongs to those who are willing to adapt fast, innovate smart, and think long-term. Whether you’re a startup founder, an SME owner, or an established corporate leader, the message is clear: traditional models are being replaced by agile, tech-enabled strategies that prioritize customer experience, sustainability, and data-driven decision-making. 1. Digital Transformation Is No Longer Optional From automation and AI to cloud-based operations and e-commerce, digital tools are the backbone of modern businesses. Companies that embrace technology: In regions like the Middle East, digital adoption is accelerating…
As part of its ongoing growth strategy, ONE Communications and Marketing Group has expanded its portfolio by welcoming Hamah, a forward-thinking creative agency that specializes in AI-enhanced marketing strategies. This strategic move reflects ONE Group’s commitment to strengthening its position as a regional leader in advanced marketing and communication solutions — solutions that blend creativity, technology, and data-driven insights. The collaboration is designed to build a robust ecosystem of specialized services, focused on delivering intelligent, future-ready marketing approaches aligned with evolving digital trends and business needs. Hamah operates with the support of its dedicated innovation hub, Hi Lab, which focuses…
RIYADH: Middle East and North Africa countries are set to benefit from enhanced clean energy cooperation following an agreement between Saudi Arabia and the UN Environment Programme to accelerate emissions reduction. The memorandum of understanding, signed in Riyadh by Energy Minister Prince Abdulaziz bin Salman and UNEP Executive Director Inger Andersen, seeks to support MENA nations through the promotion of clean energy technologies, development of climate policy frameworks, and knowledge exchange to advance sustainable development, according to an official release. The initiative aligns with Saudi Arabia’s Middle East Green Initiative, a regional platform launched to combat climate change and reduce…
PHILADELPHIA, July 22, 2025 – Hanwha Shipping, the US subsidiary of Korean shipbuilder Hanwha Ocean, has ordered a new LNG carrier from group company Hanwha Philly Shipyard, Bloomberg reported on Tuesday. It is the first US order for an LNG vessel since the 1970s, according to the company. The vessel will have a capacity of 174,000 cubic metres and be fitted with a gas-injection engine and a GTT containment system. It will cost at least USD 250 million, with the total consideration depending on the final terms agreed between Hanwha Philly Shipyard and Hanwha Ocean. The order calls for one vessel,…
Samina Mullick, managing director and partner at Al Kulaib International Trading, talks to The Energy Year about the company’s growing portfolio of capabilities and its progress towards launching operations in Saudi Arabia in 2026. Al Kulaib International Trading is a Kuwaiti contracting company specialising in oil and gas and power projects. What factors influenced your entry into the Saudi market, and how is your Kuwait base supporting this expansion?We built our foundation in Kuwait fifty years ago, and today, we bring that legacy to Saudi Arabia with renewed purpose and unstoppable resolve. For five decades, we have been known for…
RIYADH: Saudi Arabia’s $500-billion giga-project NEOM has installed the Kingdom’s first fully automated, remote-controlled cranes at its Red Sea port as it moves ahead with plans to begin operations in 2026. The delivery of next-generation ship-to-shore and electric rubber-tyred gantry cranes marks a key milestone in the development of Terminal 1, which will accommodate the world’s largest container ships. NEOM is aiming to position the facility as a global logistics hub connecting Asia, Europe, and Africa. The facility supports Saudi Arabia’s Vision 2030 by contributing to economic diversification through enhanced trade, logistics, and industrial capabilities. As global supply chains shift toward…
RIYADH: Saudi Arabia’s investment landscape continues to expand across diverse sectors, with industry leaders participating in global funding rounds, driving innovation beyond the Middle East and North Africa region. Aramco Ventures has led a $30 million Series A funding round for US-based climate tech startup Spiritus, joined by Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures. The investment will help Spiritus scale its direct air capture technology, designed to reduce carbon emissions from data centers and industrial construction without slowing expansion. “We’re seeing soaring demand for data centers and heavy industries, yet we can’t ignore the carbon that comes with…
JEDDAH: Saudi Arabia’s entertainment landscape is set for a major boost with the awarding of a SR5.75 billion ($1.53 billion) contract to construct a 20,000-seat arena as part of the Diriyah development. Diriyah Co., a subsidiary of the Public Investment Fund, has awarded the contract to a branch of China Harbor Engineering Co. for the Arena Block, a district that will include the Diriyah Arena, three mixed-use office buildings, and a parking facility, the company announced. Spanning approximately 74,000 sq. meters, the Diriyah Arena is designed to host concerts, sports, esports, exhibitions, and live performances to attract residents and international visitors. The Diriyah…
Diriyah Square will feature over 400 retail, dining, and leisure brands within a pedestrian-focused setting that blends modern experiences with Najdi-inspired architecture. Diriyah Company has awarded a SAR2.249bn ($600m) contract to Salini Saudi Arabia, a subsidiary of the Webuild Group, for the construction of Diriyah Square — a flagship retail district at the heart of the Diriyah masterplan. Part of the wider “City of Earth” vision, Diriyah Square will feature over 400 retail, dining, and leisure brands within a pedestrian-focused setting that blends modern experiences with Najdi-inspired architecture. The project aims to redefine the retail and lifestyle offering in Diriyah…