UAE
News
November 05, 2019
Sparrows Group has doubled the size of its operations in the UAE after securing contracts worth in excess of £55 million in the past three months. The awards have resulted in more than 150 new positions being created in the region.
News
November 04, 2019
Abu Dhabi will begin trading futures contracts of its flagship oil grade in what could eventually become a new price benchmark for a fifth of the world’s crude.
News
October 30, 2019
Churchill Drilling Tools announced four successful drill-string severs using its HyPR HoleSaver, following stuck pipe events across the Middle East, including two in the UAE.
News
October 17, 2019
The Ghasha mega-project is expected to produce over 1.5 Bcfd of natural gas by around 2025.
News
October 16, 2019
Under the terms of the agreement, ADNOC and REA will jointly explore opportunities for collaboration in relation to Abu Dhabi’s exploration and production concessions.
News
October 14, 2019
The agreement covers various major sectors, including trade of commodities and services, energy and renewable energy, industry and mining, among others.
News
October 11, 2019
Abu Dhabi wants to create a benchmark for Middle Eastern crude that competes for customers in Asia with exports from America’s shale boom. If the new contract for Murban crude takes off, it could herald a fundamental shift in the way Gulf producers sell oil.
News
September 24, 2019
ADNOC plans to grow its conventional drilling activity by 40% by 2025 and substantially ramp up the number of its unconventional wells, as it targets an increase in oil production capacity to 4 MMbpd by the end of 2020 and 5 MMbpd by 2030.
News
September 12, 2019
Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of ADNOC and Alexander Novak, Minister of Energy of the Russian Federation met to explore potential opportunities for collaboration as ADNOC seeks to expand its strategic partnership and investment base across its entire value chain.
News
September 11, 2019
Ministers from OPEC+ are gathering in Abu Dhabi with deeper production cuts off the agenda for now, but with a backdrop of growing concern about the strength of oil demand as the global economy slows.
News
August 21, 2019
Aker Solutions has won an order from ADNOC to deliver subsea umbilicals for the Dalma gas development project located offshore UAE in the shallow waters of the Persian Gulf.
News
July 29, 2019
National Petroleum Construction Company and JV partner Petrofac, have secured a new contract with Al Yasat Petroleum to provide FEED services for the Belbazem Block Development Project, located offshore Abu Dhabi, UAE.
News
July 24, 2019
ADNOC and Petramina signed a Comprehensive Strategic Framework to explore opportunities for collaboration across the oil and gas value chain in the United Arab Emirates, Indonesia and globally.
News
June 26, 2019
The United Arab Emirates appeared to distance itself from U.S. claims that pinned attacks on oil tankers near the Strait of Hormuz on Iran.
News
May 28, 2019
Economic growth in OPEC’s third-biggest producer this year will fall far short of previous estimates and could undershoot the latest projections from the International Monetary Fund, according to the central bank of the United Arab Emirates.
News
May 22, 2019
Saudi Aramco agreed to a buy a stake in Sempra’s Texas LNG export terminal, giving them a foothold in the global gas trade.
News
May 16, 2019
The UAE “won’t jump the gun” and accuse Iran of sabotaging ships off its coast, as rising tensions in the Persian Gulf stoke concerns the region is teetering on the brink of another war.
News
May 09, 2019
McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* contract by ADNOC to provide FEED services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project.
News
May 07, 2019
His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and Group CEO of the Abu Dhabi National Oil Company (ADNOC), and Darren W. Woods, chairman and CEO of ExxonMobil Corporation, met to explore new opportunities for collaboration in the upstream and downstream sectors, and discuss wider regional and business-related developments of mutual interest.
News
May 05, 2019
The Abu Dhabi National Oil Company (ADNOC) has announced that more than 300 young Emiratis have expressed interest in working for the company during ADNOC Technical Academy’s (ATA) 2nd annual ‘Open Day’, where the prospective students and their families learned how ATA’s training program is equipping its students with the skills and tools needed to pursue potential careers in the oil and gas industry – particularly, within ADNOC’s various operating companies.
News
May 01, 2019
The Abu Dhabi National Oil Company (ADNOC) has announced, as part of Abu Dhabi’s block licensing strategy and on behalf of the Supreme Petroleum Council (SPC) – the details of the second round of five new geographical oil and gas blocks open for bidding for both conventional and unconventional resources.
