Enersol Energy Solutions’ Post

Paul McMillan, CEO of NTS Amega Global, explains how becoming an Enersol company provides greater opportunities to expand while supporting the UAE’s energy sector. Enersol’s acquisition of the leading global provider of advanced manufacturing, complex tool repair and rental solutions is part of the tech-centric investment platform’s strategy to capitalize on the tech-energy revolution.   #innovation #ADX ADNOC Drilling Abu Dhabi Securities Exchange NTS AMEGA GLOBAL Alpha Dhabi Holding

The recent acquisition of EV, a leading provider of computer vision-based analytics for the energy sector, by Enersol in collaboration with ADNOC Drilling’s tech platform and Alpha Dhabi Holding, represents a significant strategic move. Here are some key insights into this acquisition and its potential implications: Strategic Significance 1. Expansion of Technological Capabilities: • Advanced Technologies: EV’s 116 patents for its 360-degree camera and real-time 3D cloud visual diagnostics technologies enhance Enersol’s technological portfolio, enabling more sophisticated data analytics and diagnostics in the energy sector. • Innovation Leadership: By acquiring a company with cutting-edge computer vision-based analytics, Enersol positions itself as a leader in innovation within the energy industry. 2. Global Reach and Customer Base: • Extensive Footprint: EV’s R&D and customer footprint across 36 countries, from Argentina to Australia, significantly expands Enersol’s global presence and market reach. • Blue-Chip Clients: Serving major clients such as ADNOC Group, Aramco, ExxonMobil, Shell, TotalEnergies, and others, EV brings a prestigious and diverse customer base, enhancing Enersol’s market credibility and client relationships. 3. Synergy with Existing Operations: • Complementary Strengths: The integration of EV’s technologies with ADNOC Drilling’s tech platform and Alpha Dhabi Holding’s resources can create powerful synergies, improving operational efficiency and service offerings. • Enhanced R&D Capabilities: The acquisition bolsters Enersol’s R&D capabilities, fostering innovation and potentially leading to the development of new products and services. Market and Industry Implications 1. Competitive Advantage: • Differentiation: The advanced analytics and diagnostics capabilities provided by EV’s technologies can differentiate Enersol from its competitors, offering unique value propositions to clients. • Market Positioning: Strengthening its technological edge and expanding its global footprint enhances Enersol’s positioning in the highly competitive energy sector. 2. Customer Value Proposition: • Improved Services: The integration of EV’s real-time 3D cloud visual diagnostics technologies can improve service quality and efficiency, providing clients with more accurate and timely insights. • Enhanced Customer Relationships: Serving blue-chip clients with advanced technologies can deepen customer relationships and increase client loyalty. 3. Innovation and Future Growth: • Driving Innovation: The acquisition fuels Enersol’s commitment to innovation, potentially leading to new breakthroughs in computer vision-based analytics and diagnostics. • Growth Opportunities: With a strengthened technological portfolio and expanded market reach, Enersol is well-positioned for future growth and expansion in the energy sector.

SPONSORED CONTENT FROM Jereh Group | At ADIPEC 2024, Jereh showcased groundbreaking digital oilfield technologies and secured a major $920 million contract with ADNOC Onshore, setting a new benchmark in intelligent energy solutions. Read more here: https://bit.ly/3ONKfee #Upstream #Jereh #Oil #Technology

ADNOC Drilling closes Turnwell JV with SLB and Patterson-UTI to complete unconventional wells on a lump sum turnkey basis for $1.7bn; and delivers 1st wells in as fast as under 20 days per well, accelerating the overall program.   Another growth stream to add to: / Enersol Energy Solutions, our $1.5bn technology JV with Alpha Dhabi Holding / Regional operations which started with Ministry of Energy and Mineral Resources-Jordan and is expanding / Fleet expansion with 2 rigs this month and reaching 148+ by 2026 These streams reaffirm growth in medium term trending towards top end of guidance (18% annual growth).

What's New to The Street... 💥 Adnoc Expands Big! 💥  Adnoc is shaking up the energy and chemicals space with the launch of its new investment unit valued at a staggering $80 billion! 🌍💼 This bold move comes just a month after their $13 billion+ acquisition of Covestro, signaling a major push into natural gas and chemicals.  What do you think about this game-changing strategy? Share your thoughts below! ✨ 👉🏻Follow New To The Street for more! #Adnoc #EnergyInnovation #ChemicalsIndustry #GlobalInvestments #BusinessGrowth #NaturalGas #Innovation #Businessupdate #Businessnews #Business #News #Newtothestreet

ADNOC Drilling has successfully closed its JV with SLB and Patterson-UTI - Turnwell - to advance our plans to unlock the UAE’s world-class unconventional energy resources, reinforcing the UAE’s position as a global leader in the responsible supply of energy⚡️🇦🇪 First wells delivered to ADNOC in <20 days, setting new benchmark 📈 Goal to complete 144 unconventional wells on a lump sum turnkey basis for $1.7bn 🎯 Full press release -> https://lnkd.in/dxC4YmAz

🚀 Breaking News: UAE's ADNOC Drilling Accelerates Unconventional Energy Push ADNOC Drilling is making waves in the energy sector! Here's what you need to know: 1. Turnwell Joint Venture Launch 🤝 • Partners: ADNOC Drilling, SLB, and Patterson-UTI • Goal: Tap into UAE's world-class unconventional energy resources 2. Accelerated Drilling Program 📈 • 144 unconventional oil and gas wells • First wells already delivered efficiently 3. Ownership Structure 💼 • ADNOC Drilling (through subsidiary): 55% majority stake • SLB: 30% equity stake • Patterson-UTI: 15% equity stake This strategic move positions ADNOC Drilling at the forefront of unconventional energy exploration in the UAE. What impact do you think this will have on the region's energy landscape? follow me @jalal sabsabi #EnergyInnovation #UAEOilAndGas #UnconventionalResources #ADNOCDrilling

https://lnkd.in/dM-qn8QA This project operated by #ADCO meets some elements of #Eni strategy, namely: leveraging its competitive advantages (production of sour gas is one), increasing the weight of gas in the produced hydrocarbons and achieving zero emissions. Ghasha will produce sour gas, convert it into saleable #naturalgas and the sanctioned project is reported as designed to operate with net zero CO2 emissions.  Why sell 60% of the original 25% participating interest shortly after FID? To monetise a capital gain or rather because of assumptions on risk profile, CAPEX and time to first gas which have proved to be optimistic?

ADNOC Drilling has officially closed its Joint Venture with #SLB and Patterson-UTI – Turnwell – marking a significant step in unlocking the UAE’s world-class unconventional energy resources. This reinforces the UAE’s position as a global leader in the responsible supply of energy. ⚡️🇦🇪 📌 Key Highlights: ✅ First wells delivered to ADNOC in under 20 days, setting a new industry benchmark. ✅ Ambitious target: 144 unconventional wells on a lump sum turnkey basis for $1.7 billion. This partnership showcases innovation, efficiency, and commitment to advancing energy production responsibly and sustainably. 🔗 Read the full press release: https://lnkd.in/dxC4YmAz #EnergyLeadership #ADNOCDrilling #Innovation #Sustainability

ADNOC Drilling has formed a joint venture to target unconventional energy resources, including oil and gas that require advanced extraction technologies. The venture is 55% owned by ADNOC Drilling, with SLB holding a 30% stake and Patterson-UTI holding 15%. This collaboration aims to enhance the development of unconventional energy reserves, leveraging cutting-edge techniques to boost production. #ADNOCDrilling #UnconventionalEnergy #OilAndGas #EnergyInnovation #SLB #PattersonUTI #EnergyPartnership #FossilFuelInnovation #MiddleEastEnergy more read about this https://lnkd.in/ezfy-8DK