UAE
News
June 23, 2022
TUBACEX will build a new tube and thread manufacturing plant in Abu Dhabi as part of its largest-ever award with Abu Dhabi National Oil Company.
News
June 01, 2022
This achievement further establishes the company as a strategic player in the international energy sector and marks a 22% increase in production from 2021.
News
May 30, 2022
ADNOC Drilling Company announced it has signed a sale and purchase agreement to acquire an additional two premium offshore jack-up drilling units.
News
May 24, 2022
The United Arab Emirates has started shipping rare cargoes of oil toward Europe, where crude buyers are snubbing imports from Russia in the wake of the nation’s invasion of Ukraine.
News
May 17, 2022
Abu Dhabi National Oil Co. plans to build a new liquefied natural gas plant as the world’s producers race to expand their exports amid surging demand.
News
April 26, 2022
Guyana, home to the world’s largest oil discovery of the past decade, is in discussions with Abu Dhabi to build a deepwater port to serve the rapid economic development along South America’s Caribbean coast.
News
March 30, 2022
Cepsa SA, the Spanish refiner controlled by Abu Dhabi’s sovereign wealth fund, announced a sweeping clean-energy strategy as the European oil industry races to find new fuel sources.
News
March 22, 2022
Abu Dhabi National Oil Company signed a new memorandum of understanding and joint study agreements with counterparts in Germany to accelerate and deepen collaboration in clean hydrogen.
News
March 10, 2022
The United Arab Emirates will try to convince OPEC+ to increase oil output faster, but there’s little the Gulf country can do if Saudi Arabia isn’t on board.
News
January 24, 2022
Yemen’s Iranian-backed Houthi group targeted the United Arab Emirates on Monday for the second time in a week, raising concerns of an escalation in the oil-exporting region even as the Gulf nation said it had intercepted the strike.
News
January 20, 2022
The United Arab Emirates’ biggest renewable-energy company will make acquisitions and sell bonds as part of a plan to more than double its operations this decade and help the country achieve a net-zero target.
News
January 18, 2022
Iran-backed Yemeni fighters launched drone strikes on the United Arab Emirates that caused explosions and a deadly fire outside the capital, Abu Dhabi, ratcheting up security risks in the oil-exporting region at a critical time.
News
January 05, 2022
The investment supports ADNOC’s oil production capacity plans of five million barrels per day by 2030 while ensuring energy security for the United Arab Emirates and partners around the world.
News
December 22, 2021
ADNOC and TAQA announced a $3.6 billion strategic project to significantly decarbonize ADNOC’s offshore production operations, further strengthening ADNOC and TAQA’s position in driving and leading sustainability efforts and supporting the UAE’s ‘Net-Zero by 2050 Strategic Initiative’.
News
December 20, 2021
ADNOC Drilling Company and Helmerich & Payne, Inc. jointly announced the finalization of the Rig Enablement Framework Agreement, streamlining ADNOC Drilling’s operations, reducing costs and building shareholder value.
News
December 08, 2021
Technip Energies has been awarded a contract by the Abu Dhabi National Oil Company (ADNOC) to update the FEED for the Ghasha mega project including accelerating the integration of carbon capture into the development.
News
December 07, 2021
The United Arab Emirates and Reliance Industries Ltd. agreed to build a $2 billion petrochemical plant, the Indian company’s first such investment in the Middle East.
News
November 19, 2021
Baker Hughes has been awarded two contracts from ADNOC this week for equipment and services across multiple upstream fields and projects in the United Arab Emirates.
News
November 17, 2021
The United Arab Emirates will accelerate $20 billion of natural-gas projects by awarding contracts for some of them in the coming days, as it seeks to boost exports of the fuel.
News
November 16, 2021
Global oil prices may rise to as high as $120 by the middle of next year as the ability of OPEC+ to meet demand is at risk from under-investments and sanctions, according to a Rosneft PJSC executive.
News
November 16, 2021
OPEC said the global oil market will switch from being under- to over-supplied as early as next month as the economic rebound from the coronavirus pandemic falters.
