UAE
News
November 12, 2018
Wood has been awarded three new, call-off contracts totaling $53 million by ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC).
News
November 11, 2018
Twenty-six of the world’s leading oil and gas sector leaders gathered in Abu Dhabi on Sunday, for a high-level industry forum focused on the evolving dynamics of the energy landscape, and the opportunities for hydrocarbon-produced energy to support global growth, today, and in the future.
News
November 11, 2018
ADNOC has signed an agreement with Total, granting it a 40% stake in the Ruwais Diyab Unconventional Gas Concession.
News
November 09, 2018
Ampelmann, the global leader in offshore access solutions, has opened its second office in the Middle East in a move to further expand its presence in the region.
News
November 05, 2018
Abu Dhabi’s Supreme Petroleum Council (SPC) approved, the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to 4 MMbpd at the end of 2020 and 5 MMbpd by 2030.
News
October 10, 2018
There are opportunities for expansion, investment and growth in the oil and gas industry, as demand for energy continues to rise, particularly from the high-growth economies of Asia, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC).
News
October 03, 2018
The United Arab Emirates, which has a history of talking tough on Iran while still buying its oil, appears to be taking steps to comply with looming U.S. sanctions against the Islamic Republic’s energy industry.
News
August 09, 2018
Abu Dhabi National Energy Co. reported an almost fivefold jump in profit after crude prices climbed.
News
July 03, 2018
Abu Dhabi said it’s ready to increase oil output in line with guidance set by OPEC and allied producers, echoing comments by Saudi Arabia that it will boost supply to meet demand.
News
July 02, 2018
Al Yasat Company for Petroleum Operations, a subsidiary of the Abu Dhabi National Oil Company has awarded the Engineering, Procurement and Construction contract, for the full development of the offshore Bu Haseer field, to Abu Dhabi’s National Petroleum Construction Company.
News
March 01, 2018
Crude production from OPEC countries fell to a 10-month low in February, mainly due to maintenance at a field in the United Arab Emirates and continued output declines in Venezuela.
News
March 01, 2018
Oil output in the United Arab Emirates slumped the most in a year last month as maintenance at fields in the Persian Gulf reduced supplies from the Middle East’s fourth-biggest crude producer.
News
February 27, 2018
OPEC, Russia and other oil producers participating in output cuts have beaten market expectations in meeting their commitments.
News
February 20, 2018
OPEC’s fourth-largest oil producer is leading an effort to prolong cooperation with Russia and other allies far beyond the expiry of their joint supply cuts this year.
News
February 19, 2018
Abu Dhabi’s selection of a Spanish company to help it develop offshore oil fields is a sign of the Gulf producer’s push to diversify its partnerships while working to boost production capacity and secure long-term markets for crude.
News
February 12, 2018
Indian companies agreed to pay $600 million for a stake in one of Abu Dhabi’s biggest offshore oil concessions, securing a share in the emirate’s crude production for the first time.
News
February 07, 2018
The UAE, a model petro-state where crude exports feed a giant sovereign wealth fund, isn’t the most obvious customer for Texan oil.
News
January 22, 2018
Abu Dhabi’s government oil producer received bids in the fourth quarter from international energy companies seeking stakes in offshore fields that pump about 25% of the Persian Gulf emirate’s crude.
News
January 18, 2018
Fugro has commenced a program of geophysical and geotechnical surveys for Artelia, Abu Dhabi as part of the Hail and Ghasha development, a landmark project by the Abu Dhabi National Oil Company (ADNOC).
News
January 15, 2018
Oil traded near the highest close in more than three years as Iraq echoed a call by the United Arab Emirates and other producers for OPEC-led output cuts to continue, despite recent price gains.
News
January 14, 2018
Iraq joined the United Arab Emirates, Qatar and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains.