UAE
News
September 26, 2016
Reactive Downhole Tools, a supplier of lower completion systems, has completed an oil swellable packer installation in the Middle East for a major operator in Abu Dhabi. At 19,000 m, it’s the longest liner of this size deployed by all parties to date, and a world record for the liner type.
News
August 23, 2016
Packers Plus Energy Services Inc. has announced that it has recently worked with operator Dubai Petroleum Establishment to install and successfully stimulate an offshore carbonate reservoir using an open hole multi-stage ball-drop system.
News
August 10, 2016
Abu Dhabi National Energy Co., the government-controlled utility known as Taqa, reported a wider loss in the second-quarter as lower oil and natural gas prices crimped revenue. The shares fell for the first time this week.
News
June 29, 2016
Abu Dhabi’s proposed merger of two of its largest sovereign investment funds would create a global energy business that produces more oil than OPEC member Libya and with bigger assets than ConocoPhillips.
News
June 05, 2016
The global oil surplus is shrinking faster than expected and has the potential to send crude prices as high as $60/bbl this year, according to Ali Majed Al Mansoori, chairman of the Abu Dhabi Department of Economic Development.
News
May 30, 2016
The United Arab Emirates’s economy minister joined forecasters looking for $60 crude this year with demand and production moving more in line.
News
May 11, 2016
Siemens has shipped its first Industrial Trent 60 gas turbine generator package from its manufacturing facility in Mount Vernon, Ohio, to Abu Dhabi Marine Operating Company's (ADMA-OPCO) Satah Al-Razboot (SARB) offshore oil field project on Zirku Island.
News
May 11, 2016
Abu Dhabi National Energy Co., which produces oil and natural gas from Canada to North Africa, reported a net loss for the first quarter as revenue declined because of lower crude and natural gas prices.
News
May 04, 2016
Abu Dhabi is indefinitely delaying construction of the first land-based facility for importing LNG into the United Arab Emirates after it contracted a floating supply terminal, according to two people with knowledge of the situation.
News
April 04, 2016
Oil markets will probably balance by the end of next year, with prices rising in the medium term, according to Sultan Al Jaber, the new head of Abu Dhabi National Oil Co.
News
March 30, 2016
Vallourec has signed a contract with ADNOC to supply OCTG during the 2016-2018 period to its three operating companies (ADMA-OPCO, ADCO, ZADCO).
News
March 29, 2016
Abu Dhabi National Oil Co. (Adnoc) is willing to accept additional partners at its main onshore fields, a senior company official said, almost a year after awarding less than half the production rights it offered for the deposits in a bidding round.
News
March 23, 2016
DUBAI, United Arab Emirates -- Frames, a provider of oil and gas solutions, has opened a new office in Dubai as the most recent expansion of the company's operations in the Middle East.
News
March 21, 2016
The Abu Dhabi National Oil Company (ADNOC), OMV, and Occidental Petroleum have signed a contract covering several undeveloped oil and gas fields offshore Abu Dhabi, including the Ghasha and Hail areas.
News
March 02, 2016
Dana Gas said Wednesday that sales gas production from Zora gas field, in the United Arab Emirates, commenced on Feb. 28.
News
March 01, 2016
The oil-price collapse will compel all producers to freeze output and no early OPEC meeting can take place without such a move, the United Arab Emirates’ energy minister said.
News
February 05, 2016
Saudi Arabia lowered March pricing on its light oil grades for customers in Asia as the world’s largest crude exporter shows no signs of letting up on its campaign to keep market share, especially with Iran set to boost sales.
News
January 18, 2016
Shell is to exit the joint development of the Bab sour gas reservoirs with ADNOC, in the emirate of Abu Dhabi, and to stop further joint work on the project, the company said Monday.
News
January 14, 2016
Dana Gas has announced various key senior management appointments.
News
January 08, 2016
Iran’s diplomatic rift with regional rival Saudi Arabia will stiffen the challenge it faces in attracting foreign investment once sanctions on its economy are lifted.
News
December 24, 2015
Drydocks World has successfully completed the yard’s first Rig Integrity Assurance Program (RIAP) on rig Diyina for the National Drilling Company (NDC), and the first EPCC concept rig project the yard has undertaken.
