KEYFACT Energy
XRG will initially focus on transformational global investments that create value across natur...
Latest News
News search results
ADNOC RESPONDS TO MEDIA REPORTS ON ADNOC GAS TRANSACTION
Abu Dhabi National Oil Company (ADNOC), the current majority shareholder of 90% of the ordinary s...
KENT AND AIQ TO ADVANCE AI-DRIVEN ENGINEERING SOLUTIONS
Kent, a leading global engineering and digital solutions provider, and AIQ, the Abu Dhabi-based A...
PETROFAC FURTHER EXTENDS FORBEARANCE AGREEMENT
Petrofac has extended its existing forbearance agreement, in respect of the non-payment of the in...
MASDAR AND KESH TO EXPLORE RENEWABLE ENERGY JOINT VENTURE IN ALBANIA
Agreement witnessed by the Prime Minister of Albania, HE Edi Rama Joint venture te...
WEATHERFORD SECURES THREE-YEAR CONTRACT WITH ADNOC
Weatherford International has been awarded a three-year contract for the provision of rigless ser...
ADNOC AWARDS $920 MILLION CONTRACT FOR WELL DIGITALIZATION PROGRAM
Award covers installation of remote sensing and well operating equipment at ADNOC On...
ENERSOL TO ACQUIRE DEEP WELL SERVICES
Agreement signed to acquire 95% equity stake in Deep Well Services for $223 million,...
LINDE TO SUPPLY NEW CC TECHNOLOGY TO ADNOC’S HAIL AND GHASHA PROJECT
Linde Engineering has signed an agreement with NEXTCHEM to provide carbon capture technology to A...
TWMA EXPANDS MIDDLE EAST OPERATIONS FOLLOWING $70 MILLION CONTRACT WIN
Drilling waste management specialist, TWMA, has announced a significant contract win with a l...
TAQA LAUNCHES NEXT GENERATION INFLOW CONTROL TECHNOLOGY
M4 Inflow Control System Enhances Density-driven Flow Technology to Supercharge Reservoir Per...
PETROFAC EXTENDS FORBEARANCE AGREEMENT
Petrofac has extended its existing forbearance agreement in respect of the non-payment of the int...
PETROFAC ANNOUNCES INTERIM RESULTS
Petrofac today issues its financial results for the six months ended 30 June 2024. OPERATI...
PETRONAS EXPANDS IN ABU DHABI
PETRONAS Abu Dhabi Sdn Bhd (PETRONAS Abu Dhabi), a wholly-owned subsidiary of PETRONAS, was grant...
FULKRUM OPENS NEW REGIONAL SUPPORT CENTRE IN ABU DHABI
Fulkrum Middle East Team in the new office Fulkrum, a leader in inspection, expediting, au...
PETROFAC EXTENDS FORBEARANCE AGREEMENT
Petrofac is holding its Annual General Meeting today. Alongside this event, the Company provides ...
ADNOC DEPLOYS PIONEERING AI-ENABLED PROCESS OPTIMIZATION TECHNOLOGY
Neuron 5 autonomously monitors performance of critical equipment, enabling preventative ma...
PETROFAC EXTENDS FORBEARANCE AGREEMENT
Petrofac confirms it has extended its existing forbearance agreement in respect of the non-paymen...
ADNOC SIGNS LONG-TERM HOA WITH OSAKA GAS
LNG supply agreement for 0.8mmtpa marks ADNOC’s first long-term LNG deal with Japan&...
ADNOC’S OFFSHORE SARB FIELD COMMENCES AI-ENABLED DIGITAL OPERATIONS
SARB field achieves 25% production capacity increase by harnessing advanced digital soluti...
BP TO JOIN ADNOC’S RUWAIS LNG DEVELOPMENT
To take 10% interest in new ADNOC-operated LNG facility in Abu Dhabi Project has planned...
SHELL TO INVEST IN RUWAIS LNG PROJECT IN ABU DHABI
Shell Overseas Holdings Limited, a subsidiary of Shell plc, has signed an agreement to invest in ...
ADNOC AND JBIC SIGN $3 BILLION GREEN FINANCING AGREEMENT
ADNOC’s first green funding will support its ongoing decarbonization and energy transition ...
VALLOUREC EXTENDS CONTRACT WITH THE NOC OF ABU DHABI
Vallourec has signed with the National Oil Company of Abu Dhabi a two-year extension to the 2019 ...
TECHNIP ENERGIES JV AWARDED MAJOR CONTRACT FOR ADNOC’S RUWAIS LNG PROJECT
Technip Energies, leader of a joint venture (TJN RUWAIS JV) with JGC and NMDC Energy, have been a...
ADNOC AWARDS 3% INTEREST IN SARB AND UMM LULU CONCESSION TO SOCAR
ADNOC has signed an agreement to award a 3% participating interest in the SARB and Umm Lulu o...
PETROFAC ANNOUNCES 2023 FULL YEAR RESULTS
Petrofac today issues its financial results for the year ended 31 December 2023 and an update...
ENBW SIGNS LNG PROCUREMENT AGREEMENT WITH ADNOC
Deliveries to start once the low-carbon Ruwais project has been commissioned/ Volume of 0.6 milli...
PETROFAC PROVIDES UPDATE ON RESTRUCTURING AND TRADING
As part of the Group’s ongoing financial restructuring, an ad-hoc group of senior secur...
PETROFAX PROVIDES UPDATE ON REVIEW OF STRATEGIC AND FINANCIAL OPTIONS
Petrofac today provides an update on the status of ongoing negotiations as part of its review of ...
MIDDLE EAST AWARD NOMINATION FOR ROTOMILL® 2.0 TECHNOLOGY
Drilling waste management specialist, TWMA, has been announced as a finalist in the prestigious O...
DNV LAUNCHES NEW ABU DHABI INDUSTRIAL TRAINING HUP
DNV will provide comprehensive knowledge and skills programs from its new training facility ...
PETROFAC MAKES BOARD APPOINTMENT AND PROVIDES BUSINESS UPDATE
Petrofac today announced that Aidan de Brunner has today joined the Company as a Non-Executive Di...
SAIPEM AWARDED 4.1 BILLION USD CONTRACT BY ADNOC IN THE UAE
The award, related to the Hail and Ghasha Development project, confirms Saipem’s unique cap...
TWMA TO DOUBLE MIDDLE EAST OPERATIONS FOLLOWING $100MILLION CONTRACT WIN
Specialist drilling waste management company TWMA has secured a $100 million contract for a major...
ADNOC GAS AWARDS PETROFAC CONTRACT FOR LANDMARK CCUS PROJECT
Petrofac, a leading international service provider to the energy industry, has been awarded a...
REABOLD SECURES APPROVAL FOR ENVIRONMENT AGENCY PERMIT AT WEST NEWTON
Reabold Resources plc, the oil & gas investing company with a diversified portfolio of explor...
BP'S MURLACH OILFIELD PLAN APPROVED BY UK GOVERNMENT
In a boost for the UK North Sea, the Murlach oilfield plan was approved today by the UK governmen...
ADNOC TO INVEST IN ONE OF THE LARGEST INTEGRATED CARBON CAPTURE PROJECTS IN MENA
Final investment decision to proceed with 1.5 million tonnes per year carbon capture...
ADNOC AND TABREED ADVANCE THE FIRST PROJECT TO HARNESS GEOTHERMAL ENERGY
Landmark project set to decarbonize the cooling of buildings in Masdar City and further divers...
OCCIDENTAL AND ADNOC TO EVALUATE CARBON MANAGEMENT PROJECTS IN THE USA AND UAE
Strategic collaboration to assess potential investment opportunities aimed at accelerating develo...
MCDERMOTT BEGINS CONSTRUCTION ON BORWIN6 PROJECT
McDermott held a first steel-cutting ceremony at its Jebel Ali fabrication yard in Dubai, United ...
ADNOC DRILLING SECURES $2 BILLION OFFSHORE JACK-UP CONTRACTS
Contracts to provide five high-spec offshore jack-up rigs in direct support of ADNOC’s a...
TGT LAUNCHES CHORUSX – REDEFINING ACOUSTICS FOR WELL FLOW DIAGNOSTICS
TGT Diagnostics has announced the launch of its latest acoustic platform, ChorusX, a new diagnost...
ADNOC AND TAQA ANNOUNCE $2.4 BILLION SUSTAINABLE WATER SUPPLY CONTRACT
ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) announced today the award of a strategic ...
DRILLING DOWN INTO THE UAE’S EXPLORATION RENAISSANCE
ADNOC has aggressive decarbonisation targets under a strategy that includes, somewhat counterintu...
ADNOC AND BAKER HUGHES TO ADVANCE HYDROGEN TECHNOLOGY INNOVATION
Agreement seeks to accelerate the deployment of new technology solutions to produce green and ...
ENERMECH APPOINTS IAN SPENCELEY TO KEY ROLE AS IT TARGETS EXPANSION
Focus is on developing specialist O&M and Asset and Integrity services to global markets ...
FUGRO SELECTED FOR MAJOR FIELD DEVELOPMENT PROGRAMME SURVEYS IN THE UAE
Fugro has been awarded a contract for site characterisation services in support of one of the...
PETROFAC WELCOMES NEW GROUP CHIEF EXECUTIVE
Tareq Kawash, Group Chief Executive Petrofac today confirmed the appointment of Tareq Kawa...
ADNOC DRILLING AND MASDAR TO EXPLORE GEOTHERMAL ENERGY OPPORTUNITIES
MoU advances ADNOC Drilling’s plans to further expand its industry-leading offering ...
ENI AND ADNOC SIGN STRATEGIC AGREEMENT TO ACCELERATE EMISSIONS REDUCTION
Claudio Descalzi, Eni Chief Executive Officer, and his Excellency Dr. Sultan Ahmed Al Jaber, UAE ...
TOTALENERGIES ACQUIRES CEPSA’S UPSTREAM ASSETS IN ABU DHABI
TotalEnergies has signed an agreement with CEPSA to acquire CEPSA’s upstream assets in the ...
FULKRUM TO LEVERAGE UAE OPPORTUNITIES, SECURING A FIFTH ISO 17020 ACCREDITATION
Fulkrum, a leading provider of inspection, expediting, auditing and technical staffing services t...
DUBAI PETROLEUM AWARDS GLOBAL LOGISTICS CONTRACT TO PETRASCO
[L-R]: Alan Green, Ross Cochrane, Gordon Shand, and Kevin Buchan of Petrasco, taken at Adipec...
ADNOC ALLOCATES 15 BILLION TO LOW-CARBON SOLUTIONS
$15 billion earmarked for landmark decarbonization projects by 2030 including carbon capture, ...
STRYDE OPENS NEW OPERATION SUPPORT WAREHOUSE AND TRAINING FACILITY IN DUBAI
Seismic technology company STRYDE is expanding its presence in the Middle East with a million...
PETROFAC SECURES BROWNFIELD EPC CONTRACT WITH ADNOC
Petrofac has been awarded a lump-sum engineering, procurement and construction (EPC) contract...
PETRONAS BRINGS UNCONVENTIONAL EXPERTISE TO UAE FOR ADNOC CONCESSION
PETRONAS Abu Dhabi, a wholly-owned subsidiary of PETRONAS, has signed a historic agreement with A...
STATS GROUP TAKE ON WORLD’S LARGEST DIAMETER SUBSEA PIPELINE INTERVENTION SCOPE
Pipeline technology specialist STATS Group has been commissioned by UAE-headquartered oil and gas...
GULFSANDS OPENS ABU DHABI OFFICE
Gulfsands Petroleum has announced the opening of its new Middle Eastern Business Hub in the U...
SHELF DRILLING AWARDED FIVE-YEAR CONTRACT IN ARABIAN GULF
Shelf Drilling has secured a five-year contract for the Harvey H. Ward jack-up rig for operations...
DANA GAS REPORTS 64% INCREASE IN NORMALIZED NET PROFIT IN 9M 2022
Highlights – 9M 2022 Net profit increased 64% to AED 589 million ($161mm) versus AED ...
ADNOC SIGNS AGREEMENTS WORTH $9.5 BILLION WITH DOMESTIC AND INTERNATIONAL PLA...
Abu Dhabi National Oil Company (ADNOC) has signed deals worth AED 35 billion ($9.52 billion) with...
MAXIMUM GROWTH IN MIDDLE EAST FOR VULCAN COMPLETION PRODUCTS
An international leader in the provision of creative solutions for the oil and gas completions ma...
ENERQUIP SECURES NEW CONTRACT AWARD TO MARK OPENING OF MIDDLE EAST OFFICE
Multi award-winning North east company EnerQuip has celebrated the landmark opening of its first ...
NEW MIDDLE EAST REGIONAL HUB POSITIONS ETHOSENERGY FOR FUTURE GROWTH
New Middle East regional hub positions EthosEnergy for future growth Relocation enables EthosEne...
WASTE MANAGEMENT LEADER EXPANDS INTO MIDDLE EAST
A world-class name in specialist industrial services, specialist waste management services an...
PTTEP ACQUIRES STAKES IN SHARJAH ONSHORE AREA A EXPLORATION BLOCK
PTTEP has further expanded its investment in the United Arab Emirates (UAE) by acquiring 25% part...
ADNOC DRILLING DELIVERS NEW WORLD RECORD FOR THE LONGEST WELL
Stretching 50,000 feet, the well is part of ADNOC Offshore’s extended reach drilling pro...
PETROFAC SECURES FIELD MAINTENANCE SERVICES CONTRACT EXTENSION WITH ADNOC
Petrofac, a leading provider of services to the global energy industry, has been awarded a tw...
ADNOC AWARDS WEATHERFORD OVER $400 MILLION TO PROVIDE DRILLING SERVICES
Weatherford International received a five-year framework agreement from Abu Dhabi National Oil Co...
ADNOC AND ENI EXPLORE OPPORTUNITIES TO INCREASE WORLDWIDE GAS SUPPLY SECURITY
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Ab...
MUBADALA NAME CHANGE TO REFLECT ENERGY TRANSITION STRATEGY
New brand for Mubadala Petroleum in line with its 2030 strategy to play a key role in the ener...
ADNOC AWARDS $1.83 BILLION FRAMEWORK AGREEMENTS FOR DRILLING-RELATED SERVICES
Largest-of-its-kind awards to five companies for Directional Drilling and Logging While Dr...
TAQA GROUP’S NET INCOME UP 50% IN H1 2022
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities in the r...
JOB ALERT: SENIOR ANALYTICAL CHEMIST, ABU DHABI
As part of the Premier Oilfield Group, Premier COREX offer independent formation damage services ...
ENI’S REPORTS SIGNIFICANT GAS DISCOVERY OFFSHORE ABU DHABI
Eni announces yet another significant gas discovery of 1-1.5 trillion cubic feet (TCF) of raw gas...
ADNOC DRILLING AWARDED CONTRACTS FOR HAIL AND GHASHA GAS DEVELOPMENT PROJECT
$2 Billion in contracts for integrated drilling services and provision of Island Drilling Unit...
TOTALENERGIES AND ADNOC EXPAND STRATEGIC ALLIANCE
During a state visit in Paris of His Highness Sheikh, Mohamed bin Zayed Al Nahyan, President of t...
TAQA, ADNOC AND MUBADALA SET TO ACQUIRE MASDAR STAKE
Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Inv...
VANTAGE DRILLING REPORTS FIRST QUARTER 2022 RESULTS
Vantage Drilling International reported a net loss attributable to controlling interest of approx...
ADNOC ACQUIRES 25% STAKE IN BOREALIS
Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) today announced...
UNIVERSITY OF BIRMINGHAM DUBAI OFFICIALLY OPENS NEW CAMPUS
The University of Birmingham Dubai officially opened its new campus in the presence of His Highne...
3T ENERMECH JV ANNOUNCES NEW VICE PRESIDENT TO REINFORCE GLOBAL GROWTH
Market-leading provider of training, technology and simulation solutions, 3t Energy Group (3t) an...
ADNOC ACQUIRES TWO NEW-BUILD LNG VESSELS TO MEET GROWING GLOBAL DEMAND FOR LNG
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Ab...
ASHTEAD TECHNOLOGY APPOINTS REGIONAL GM FOR THE MIDDLE EAST
International subsea rental equipment and solutions specialist Ashtead Technology has appointed S...
DIVESOURCE EXPANDS INTO THE MIDDLE EAST WITH DUBAI FACILITY
Global Underwater consultancy DiveSource has announced a six-figure investment in a new facility ...
ADNOC AWARDS $1.94 BILLION FRAMEWORK AGREEMENTS TO ENABLE DRILLING GROWTH
Largest-of-its-kind agreements in the industry for wireline logging and perforation ...
TWMA REACHES KEY UAE MILESTONE AS IT ACHIEVES API Q2 CERTIFICATION
Specialist drilling waste management company TWMA has secured the American Petroleum Industry (AP...
NEW DATES FOR THE 2022 GLOBAL ENERGY FORUM
The Atlantic Council has made the difficult decision to postpone the 2022 Global Energy Forum to ...
ADNOC INVESTS CLOSE TO USD1 BILLION IN THE LONG TERM DEVELOPMENT OF UMM SHAIF...
EPC contract award to NPCC will maximize efficiencies while maintaining production capacity of...
INPEX ANNOUNCES OIL AND GAS DISCOVERY ONSHORE BLOCK 4 IN ABU DHABI, UAE
INPEX has announced the discovery of multiple conventional oil, condensate and gas columns as a r...
PTTEP TO ACQUIRE STAKES IN ONSHORE EXPLORATION BLOCK IN UAE
PTTEP is looking to further expand investment in the Sharjah Emirate of the United Arab Emirates ...
ADNOC AWARDS BAKER HUGHES TWO MAJOR CONTRACTS
First contract will manufacture, supply, store and service surface wellhead and tree sys...
ADNOC AWARDS $1.46 BILLION EPC CONTRACTS FOR THE DALMA GAS DEVELOPMENT PROJECT
Dalma is part of the Ghasha Concession which is an important enabler of gas self-sufficiency f...
WEATHERFORD AWARDED NEW CONTRACTS BY ABU DHABI NATIONAL OIL COMPANY
Weatherford International today announced that it was awarded two five-year contracts with Abu Dh...
UAE AND IRENA LAUNCH USD 1 BILLION RENEWABLE ENERGY PLATFORM
Energy Transition Accelerator Financing (ETAF) Platform secures US$400 million anchor funding ...
NATURAL GAS TO PLAY PIVOTAL ROLE IN POWERING THE UAE'S ECONOMIC GROWTH
In the opening address of Gastech, Minister of Industry and Advanced Technology H.E. Dr. Al Ja...
BP, ADNOC AND MASDAR TO PROVIDE CLEAN ENERGY SOLUTIONS FOR UK AND UAE
The three companies aim to develop low carbon hydrogen hubs and decarbonized air corridors betwee...
ABU DHABI OFFSHORE EXPLORATION BLOCK AWARDED TO A CONSORTIUM LED BY PAKISTAN ...
Abu Dhabi Offshore Exploration Block Awarded to a Consortium led by Pakistan Petroleum First-tim...
ADNOC SIGNS FRAMEWORK AGREEMENTS FOR PROJECT ENGINEERING SERVICES
KeyFacts Energy news: Contract Awards l KeyFacts Energy: ADNOC ...
EVENTS: ADIPEC 2021
Hosted by the Abu Dhabi National Oil Company (ADNOC), ADIPEC will take place between 15 &ndas...
DANA GAS REPORTS $139 MILLION NET PROFIT IN H1 2021
H1 2021 Highlights Revenue increased by 19% to $216 million (AED 792mm) Average group pro...
ADNOC INVESTS OVER $750 MILLION IN DRILLING-RELATED SERVICES
Over 80% of the award value will flow back into the UAE’s economy under ADNOC’s In...
AFRICA OIL WEEK WILL BE HELD IN DUBAI
The 2021 edition of Africa Oil Week will be held in Dubai, 8-11 November at the Madinat Jumeirah....
ADNOC AWARDS CONTRACT TO EXPAND CAPACITY OF ITS SHAH SOUR GAS PLANT
The Abu Dhabi National Oil Company (ADNOC) announced today, the award of a $510 million (AED1.87 ...
ADNOC AWARDS $744M CONTRACT FOR BELBAZEM OFFSHORE BLOCK
EPC contract awarded by Al Yasat Petroleum, ADNOC’s joint venture with CNPC, after a com...
DUCATUS PARTNERS OPENS NEW OFFICE IN DUBAI AND APPOINTS ABID MIRRANAY AS PARTNER
Ducatus Partners is expanding its global footprint with a physical presence in the Middle East to...
DANA GAS REPORTS 41% INCREASE IN Q1 NET PROFIT
Revenues up at $106mm (AED 389mm) based on a 9% increase in KRI production Group production ...
ENI AWARDED UAE ONSHORE BLOCK 7
Eni, through its subsidiary Eni RAK, has been awarded Block 7 located in the onshore of Ras Al Kh...
PREMIER COREX OPENS HI-TECH INDEPENDENT FORMATION DAMAGE TESTING FACILITY IN ...
Premier COREX has announced the opening of its first formation damage facility in the Middle East...
ADNOC GROUP SUSPENDS PETROFAC FROM COMPETING FOR NEW AWARDS
Petrofac has today been notified by ADNOC Group that it has been suspended from competing for new...
ADNOC LOGISTICS AND SERVICES ANNOUNCES STRATEGIC FLEET EXPANSION
Two VLCCs added to fleet in 2020 with three newbuilds placed on order and one existing vessel ...
MUBADALA PETROLEUM APPOINTS MANSOOR MOHAMED AL HAMED AS CEO
Mubadala Petroleum today announced that Mansoor Mohamed Al Hamed has been appointed Chief Executi...
DANA GAS DELIVERS RESILIENT OPERATIONAL PERFORMANCE IN 2020
Highlights Production from all assets uninterrupted due to stringent health protocols i...
COSMO AWARDED OFFSHORE BLOCK 4 IN ABU DHABI'S 2ND BLOCK BID ROUND
Cosmo Energy Exploration & Production has been exclusively awarded Offshore Block 4 in Abu Dh...
IRENA FORGES NEW PARTNERSHIPS TO ADVANCE ENERGY TRANSFORMATION
The International Renewable Energy Agency (IRENA) signed a host of new agreements in the margins ...
POLARCUS TO ADDRESS LONG TERM FINANCING STRUCTURE FOLLOWING FINANCIAL DEFAULT
Polarcus has confirmed to the relevant Finance Parties a payment default under its Working Capita...
MUBADALA AND SIEMENS ENERGY SIGN GREEN HYDROGEN MOU
Mubadala Investment Company (Mubadala) and Siemens Energy have signed a Memorandum of Understandi...
PENSPEN WINS ADDITIONAL DETAILED ENGINEERING PROJECT FROM TARGET
Penspen have secured a detailed engineering project award from Target Engineering Construction Co...
ENI AND SNOC ANNOUNCE PRODUCTION START-UP FROM MAHANI FIELD IN THE UAE
Eni and Sharjah National Oil Corporation (SNOC) today announced production start-up from the Maha...
PENSPEN WINS £1.8M UAE CONTRACT
Penspen have secured a £1.8m detailed engineering project award from Galfar Engineering &am...
ENI AND PTTEP CONSORTIUM SUCCESSFUL IN ABU DHABI’S SECOND COMPETITIVE BLOCK B...
The Abu Dhabi National Oil Company (ADNOC) today announced the signing of an exploration concessi...
MIDDLE EAST: ECONOMIC YEAR IN REVIEW 2020
Economies in the region were hit by reduced trade volumes and lower oil prices Gov...
ADNOC AWARDS OCCIDENTAL ONSHORE BLOCK IN ABU DHABI’S SECOND COMPETITIVE BLOCK...
The Abu Dhabi National Oil Company (ADNOC) announced, today, the signing of an exploration conces...
FUGRO BOOSTS REMOTE OPERATIONS WITH NEW CENTRE IN THE MIDDLE EAST
Fugro has opened a new state-of-the-art remote operations centre (ROC) in Abu Dhabi, which is alr...
ADNOC AWARDS $519 MILLION CONTRACT FOR WORLD’S LARGEST 3D SEISMIC SURVEY
The Abu Dhabi National Oil Company (ADNOC) announced today, the award of a contract worth up to $...
ADNOC AND TOTAL DELIVER FIRST VOLUMES OF GAS FROM SHALE ASSET AT RUWAIS DIYAB...
ADNOC and French energy company Total delivered the first volumes of unconventional gas from the ...
NEW OIL DISCOVERY OF NON-CONVENTIONAL, RECOVERABLE CRUDE OIL IN EMIRATE OF AB...
New oil discovery of non-conventional, recoverable crude oil in Emirate of Abu Dhabi The Supreme...
TAQA GROUP REPORTS NET INCOME OF AED 1.3 BILLION FOR FIRST NINE MONTHS OF 2020
Abu Dhabi National Energy Company PJSC (TAQA), a regionally leading, fully integrated utilities c...
ADNOC LAUNCHES VIRTUAL ‘ENERGY CENTER’
The Abu Dhabi National Oil Company (ADNOC) announced this week the launch of the ADNOC Virtual En...
ADNOC AND TOTAL DELIVER FIRST UNCONVENTIONAL GAS FROM THE UAE
The Abu Dhabi National Oil Company (ADNOC) and TOTAL have announced the delivery of the first unc...
MASDAR EXPANDS PRESENCE IN AUSTRALIA WITH INVESTMENT IN MARYVALE ENERGY FROM ...
Maryvale Energy from Waste project Masdar has made its second investment in Australia afte...
ADNOC AWARDS $324 MILLION CONTRACTS TO OPTIMIZE ONSHORE FIELD OPERATIONS AND ...
The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth $324 million (AED 1.19 bil...
DANA GAS SIGNS US$90 MILLION CREDIT FACILITY WITH MASHREQ BANK
Dana Gas has entered into a US$90 million corporate facility from Mashreq Bank, which is one of t...
AYMAN ASFARI TO RETIRE AS PETROFAC GROUP CEO
Petrofac announces that Ayman Asfari has decided to retire as Group Chief Executive at the end of...
ADNOC L&S SIGNS 25-YEAR AGREEMENT TO SERVICE ALL PETROLEUM PORTS IN ABU DHABI
ADNOC Logistics and Services (ADNOC L&S), the shipping and maritime logistics subsidiary of t...
ADNOC PARTNERS WITH MUBADALA AND ENEC TO DRIVE IN-COUNTRY VALUE FOR THE UAE
The Abu Dhabi National Oil Company (ADNOC) has signed two framework agreements with Mubadala Inve...
PROSERV ROLLS OUT TWO NEW FACILITIES TO BOOST GLOBAL SERVICE OPERATIONS
Leading controls technology provider Proserv Controls has formally unveiled two new cutting-e...
ACWA POWER SIGNS FINANCING AGREEMENTS FOR THE 900MW SOLAR PV FIFTH PHASE OF M...
ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation and desa...
NOVATEK SHIPS FIRST LNG CARGO TO UNITED ARAB EMIRATES
NOVATEK announced today that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, s...
ADNOC INVESTS US$ 3.5 BN TO UPGRADE RUWAIS REFINING CAPABILITIES
The Abu Dhabi National Oil Company (ADNOC) confirms significant progress made on its “Crude...
DANA GAS DELIVERS STRONG FINANCIAL AND OPERATIONAL PERFORMANCE IN H1 2020
Dana Gas delivers strong financial and operational performance in H1 2020 H1 2020 Highligh...
SHELF DRILLING REPORTS SECOND QUARTER 2020 RESULTS
Shelf Drilling, Ltd. (“Shelf Drilling” and, together with its subsidiaries, the &ldqu...
ACWA POWER PARTNERS WITH SHANGHAI ELECTRIC ON THE MOHAMMED BIN RASHID SOLAR PARK
ACWA Power has announced the appointment of Shanghai Electric as the Engineering, Procurement and...
EWEC ANNOUNCES PARTNERS TO DEVELOP THE WORLD’S LARGEST SOLAR POWER PLANT
The Emirates Water and Electricity Company (EWEC), a leading company in the coordination of plann...
ADNOC TRANSFERS STAKES IN ITS OFFSHORE CONCESSIONS FROM CNPC TO CNOOC
The Abu Dhabi National Oil Company (ADNOC) has agreed to the transfer of rights in its Lower Zaku...
ADGM INKS PARTNERSHIP WITH IRENA TO PROMOTE SUSTAINABLE FINANCE
Abu Dhabi Global Market (ADGM), the award-winning international financial centre, and the Interna...
TAQA REPORTS Q1 2020 RESULTS
Group revenues declined 9% to AED 4.0 billion, mainly reflecting a 21% drop in the price of oil a...
ADNOC ANNOUNCES $20.7 BILLION ENERGY INFRASTRUCTURE DEAL
The Abu Dhabi National Oil Company (ADNOC) has entered into an agreement with some of the wor...
FUGRO COMPLETES MIDDLE EAST’S FIRST UNCREWED GEOPHYSICAL ROUTE SURVEY
In response to increasing demand for remote offshore services, Fugro has completed the Middle Eas...
POLARCUS ANNOUNCES ADDITIONAL 20% REDUCTION IN HEADCOUNT AS PART OF EFFORTS T...
Polarcus refers to its press release dated 31 March 2020 which provided details of enhanced busin...
LAMPRELL AWARDED EPIC CONTRACT BY SHARJAH NATIONAL OIL CORPORATION
Lamprell, through its site services business, has been selected by Sharjah National Oil Corporati...
ADNOC CEO SEES SIGNS THAT OIL MARKETS HAVE TIGHTENED IN RECENT WEEKS AND WILL...
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi Na...
DUBAI ACHIEVES WORLD-RECORD, LOWEST EVER PV TARIFF FOR 900 MW SOLAR PROJECT
Dubai Electricity and Water Authority (DEWA) and consortium led by the Saudi Arabian company ACWA...
DANA GAS ANNOUNCES FEASIBILITY STUDY OF A POTENTIAL DEMERGER OF ITS UPSTREAM ...
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, today...
PETROFAC ANNOUNCES TERMINATION OF TWO CONTRACTS FOR THE DALMA GAS DEVELOPMENT...
Petrofac announces that its Petrofac Emirates joint venture has received notice of termination fr...
PETROFAC TO REDUCE ITS HEADCOUNT BY 20%
Petrofac provides an update on the actions it is taking to respond to the unprecedented market co...
POLARCUS COVID-19 RESPONSE AND 2020 COST REDUCTION PLAN
Polarcus announces enhanced business continuity measures and a USD 15 million cost reduction plan...
SNOC AWARDS THE UAE'S SECOND GAS STORAGE PROJECT
Sharjah National Oil Corporation (SNOC), today announced that its Moveyeid Gas Storage Surface Fa...
WHAT SHARJAH’S NEW GAS FINDS MEAN FOR THE ECONOMY
Following the discovery of significant gas deposits, the first such onshore find in 37 years, Sha...
PETROFAC AWARDED US$40 MILLION PROJECT BY SHARJAH NATIONAL OIL CORPORATION
Petrofac’s Engineering & Production Services division (EPS) has been awarded an enginee...
PETROFAC AWARDED US$1.65 BILLION CONTRACTS FOR ABU DHABI MEGA PROJECT
Petrofac Emirates has been awarded two contracts, together worth around US$1.65 billion with Abu ...
KBR AWARDED MAJOR PMC SERVICES CONTRACT BY ADNOC FOR GHASHA CONCESSION PROJECT
KBR has been awarded a major Project Management Consultancy (PMC) services contract by Abu Dhabi ...
ENI ANNOUNCES A GAS AND CONDENSATE DISCOVERY IN THE UAE SHARJAH EMIRATE
Eni announces a gas and condensate discovery in the Mahani exploration prospect located onshore i...
ENI AND ADNOC SIGN MOU ON JOINT RESEARCH ACTIVITIES ON SUSTAINABLE ENERGY FOR...
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Abu Dhabi National Oil Compan...
ABU DHABI DOE ENHANCES COOPERATION WITH IRENA IN AREAS OF ENERGY EFFICIENCY A...
Based on its commitment to lead Abu Dhabi’s journey to sustainable development, accordi...
ABU DHABI: YEAR IN REVIEW 2019
Abu Dhabi’s economy expanded steadily in 2019, thanks in part to oil sector growth and the ...
ADNOC ANNOUNCES COMPREHENSIVE 2030 SUSTAINABILITY GOALS
The Abu Dhabi National Oil Company (ADNOC) announced, today, a set of comprehensive sustainabilit...
ADNOC AND RIL SIGN AGREEMENT TO EXPLORE DEVELOPMENT OF ETHYLENE DICHLORIDE FA...
The Abu Dhabi National Oil Company (ADNOC) has signed a Framework Agreement with Reliance Industr...
ADNOC AND TOTAL INNOVATE IN THE FIELD OF SEISMIC ACQUISITION WITH THE USE OF ...
The Abu Dhabi National Oil Company (ADNOC) and Total announce their collaboration to deploy the w...
CGG EXPANDS MIDDLE EAST PRESENCE WITH REGIONAL GEOSCIENCE CENTER IN ABU DHABI
CGG has established a Regional Geoscience Center in Abu Dhabi to deliver geophysical, geological ...
ADNOC LNG SIGNS AGREEMENTS WITH BP AND TOTAL
ADNOC has concluded supply agreements with subsidiaries of BP and TOTAL, effectively booking out ...
PENSPEN AWARDED GLOBAL PMC FRAMEWORK AGREEMENT WITH ADNOC
Penspen has been awarded a prestigious Project Management Consultancy (PMC) framework agreeme...
LUKOIL ENTERS THE GHASHA PROJECT FOR THE EXTRACTION OF HYDROCARBONS IN THE UAE
On 15 October in Abu Dhabi (UAE), as part of the state visit of Vladimir Putin, the President of ...
ADNOC OFFSHORE SELECTS WEATHERFORD FOR DIRECTIONAL DRILLING
Weatherford International plc has signed a $220 million, three-year contract with the Abu Dhabi C...
PETROFAC SECURES MAINTENANCE SERVICES CONTRACT FOR ADNOC'S AL DHAFRA PETROLEUM
Petrofac’s Engineering & Production Services (EPS) division has been awarded a contract...
ABU DHABI’S INITIATIVES TO FAST-TRACK NON-OIL GROWTH
With the launch of a series of initiatives to support growth in the non-oil sector, Abu Dhabi...
AKER SOLUTIONS TO DELIVER UMBILICALS FOR THE DALMA GAS DEVELOPMENT PROJECT IN...
Aker Solutions has won an order from ADNOC (Abu Dhabi National Oil Company) to deliver subsea umb...
HOW CEOS FORECAST CHANGING GLOBAL TRENDS WILL IMPACT THE UAE
Billy FitzHerbert - Middle East Regional Editor, Oxford Business Group The result...
N-SEA AWARDED THREE CONTRACTS IN MIDDLE EAST
N-Sea, a leading IMR subsea services provider, has announced the award of three contracts in the ...
NPCC AND PETROFAC JV AWARDED OFFSHORE CONTRACT BY ADNOC
National Petroleum Construction Company (NPCC), in conjunction with its joint venture (JV) partne...
FRANCESCA DI CARLO JOINS PETROFAC AS NON-EXECUTIVE DIRECTOR
Petrofac confirms that Francesca Di Carlo has joined the Company as an independent Non-executive ...
ABU DHABI ANNOUNCES 2019 BLOCK BID ROUND
In April 2018, as part of Abu Dhabi’s new block licensing strategy, ADNOC launched its firs...
POLARCUS APPOINTS EX-CITIGROUP BANKER AS NEW BOARD DIRECTOR
Mr. Monish Sahni has been elected as a new board member with a term of office expiring at the Com...
ENI SIGNS EXPLORATION AND PRODUCTION SHARING AGREEMENT COVERING BLOCK A OFFSH...
Eni has signed an Exploration and Production Sharing Agreement covering Block A Offshore Ras ...
WÄRTSILÄ EXTENDS ITS UNDERWATER SERVICING CAPABILITIES WITH OPENING OF UAE DI...
The technology group Wärtsilä is strengthening its underwater-related servicing capabil...
POLARCUS ANNOUNCES REDELIVERY OF VYACHESLAV TIKHONOV
Polarcus Limited refers to its announcement dated 27 December 2018 describing options for the red...
ADNOC SIGNS MOU AGREEMENTS WITH OMV AND BOREALIS
The Abu Dhabi National Oil Company (ADNOC) signed two Memorandum of Understanding’s (MoUs) ...
INPEX AWARDED ONSHORE EXPLORATION CONCESSION IN ABU DHABI’S COMPETITIVE BLOCK...
The Abu Dhabi National Oil Company (ADNOC) signed an agreement, today, awarding the exploration r...
ADNOC AND SKEC TO BUILD THE WORLD’S LARGEST SINGLE UNDERGROUND PROJECT EVER A...
The Abu Dhabi National Oil Company (ADNOC) announced today that it is building the world&rsqu...
ADNOC UNLOCKS $4 BILLION IN VALUE IN LANDMARK PIPELINE INFRASTRUCTURE INVESTM...
The Abu Dhabi National Oil Company (ADNOC) has entered into a landmark multi-billion-dollar midst...
WOOD AWARDED $8M SIGNIFICANT CONTRACT FOR THE DESIGN OF WORLD'S LARGEST SINGL...
Wood has been awarded an $8million contract by ADNOC Refining to deliver pre-front end &nbs...
PETROFAC UPDATE ON UK SERIOUS FRAUD OFFICE INVESTIGATION
On the 7th February 2019 the Serious Fraud Office announced that a former employee of a Petrofac ...
OMV ESTABLISHES MAJOR DOWNSTREAM OIL POSITION IN ABU DHABI
Purchase of 15% share in ADNOC Refining and in a to-be-established global Trading Joint Ventur...
ENI ENTERS IN THE UAE SHARJAH EMIRATE SIGNING AREAS A, B AND C ONSHORE EXPLOR...
His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, the sovereign ruler of the Emirate of ...
ENI EXPANDS ITS PRESENCE IN UAE ACQUIRING A MAJORITY STAKE IN TWO OF ABU DHAB...
The first blocks to be awarded following Abu Dhabi’s first-ever open block licensing ai...
HIGHER ENERGY RETURNS DRIVE ABU DHABI’S RETURN TO GROWTH IN 2018
Higher energy returns are expected to have led Abu Dhabi’s return to growth in 2018, with e...
POLARCUS SECURES COMBINED STREAMER AND NODE SEISMIC ACQUISITION PROJECT IN MI...
Polarcus Limited announces that a contract has been executed with Dubai Petroleum Establishme...
OMV AWARDED 5% STAKE IN A MEGA PROJECT OFFSHORE UAE
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, and Dr. ...
ADNOC AWARDS CHINA ZHENHUA OIL A 4% INTEREST IN ITS ONSHORE CONCESSION
The Abu Dhabi National Oil Company (ADNOC) announce that the four percent stake in its onshore co...
ADNOC ADDS GERMANY’S WINTERSHALL TO THE GHASHA ULTRA-SOUR GAS CONCESSION
The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall Ho...
TWMA STRENGTHENS SENIOR MANAGEMENT TEAM WITH KEY APPOINTMENT
TWMA, provider of specialised drilling waste management services, has strengthened its senior man...
ADNOC AND ARAMCO SIGN NATURAL GAS AND LNG FRAMEWORK AGREEMENT
Abu Dhabi’s ADNOC and Saudi Arabia’s Aramco have signed a framework agreement to ...
FISCAL REGIMES, CONTRACTUAL AGREEMENTS AND IMPACT ON OIL & GAS TRADE
Valentina Dedi, Economist at Crystol Energy, will be chairing the roundtable discussion on fi...
ADNOC TO INVEST AED 5.1 BILLION TO UPGRADE AND EXPAND ITS GIANT BU HASA FIELD
The Abu Dhabi National Oil Company (ADNOC) has announced an AED 5.1 billion (US $1.4 billion)...
WOOD AWARDED MULTIMILLION DOLLAR CONTRACT EXTENSION FOR UPPER ZAKUM OIL FIELD...
Wood has secured a multimillion dollar contract extension from ADNOC Offshore, a subsidiary o...
ADNOC SIGNS FIRST HAIL, GHASHA AND DALMA ULTRA-SOUR GAS CONCESSION WITH ITALY...
Map source: ADNOC The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) ...
ABB WINS $79M ORDER FOR BAB ONSHORE PROJECT IN ABU DHABI
ABB has been awarded an integrated automation, electrification and telecommunication order in...
WOOD SECURES $53 MILLION OF CONTRACTS SUPPORTING ADNOC ONSHORE
Wood has been awarded three new, call-off contracts totaling $53 million by ADNOC Onshore, a ...
ADNOC GRANTS TOTAL A 40% STAKE IN UNCONVENTIONAL GAS CONCESSION
His Excellency Dr. Sultan Ahmed Al Jaber, ADNOC Group Chief Executive Officer, and Patrick Po...
N-SEA EXPANDS SERVICE CAPABILITY IN THE MIDDLE EAST
N-Sea, a leading IMR subsea services provider, has expanded service capabilities in the Middl...
SUPREME PETROLEUM COUNCIL APPROVES ADNOC’S 2019-2023 BUSINESS PLAN
Abu Dhabi’s Supreme Petroleum Council (SPC) has approved the Abu Dhabi National Oil Company...
ADNOC CONTRACT AWARDED TO WEIR OIL & GAS
Weir Oil & Gas Pressure Control Dubai has been awarded its first three-year contract to p...
WAHA CAPITAL ACQUIRES STAKE IN OILFIELD SERVICES COMPANY PETRONASH HOLDINGS I...
In line with strategy to make focused direct investments in companies with strong cash flo...
BAKER HUGHES ACQUIRES 5 PER CENT STAKE OF ADNOC DRILLING
Abu Dhabi National Oil Company (ADNOC) and Baker Hughes, a GE company today signed a strategi...
BORR DRILLING ANNOUNCES ACTIVATION OF FOUR ADDITIONAL JACK-UP DRILLING RIGS
Following its recent board meeting, Borr Drilling Limited (“Borr”) has decided to sta...
OMV STARTED PRODUCTION IN ABU DHABI
Image source: OMV The production start-up of the Umm Lulu and SARB (Satah Al Razboot) fiel...
PETROFAC APPOINTS CHIEF DIGITAL OFFICER
Fady Sleiman Chief Digital Officer Image source: Petrofac Petrofac has appointed Fady Slei...
BGP AWARDED THE WORLD’S LARGEST COMBINED ONSHORE AND OFFSHORE 3D SEISMIC CONT...
On July 19, 2018, BGP was awarded a 3D seismic contract worth USD 1.6 billion from ADNOC that is ...
ADNOC AWARDS CONTRACTS TO CNPC AFFILIATE FOR WORLD’S LARGEST COMBINED ONSHORE...
The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn)...
SHELF DRILLING ANNOUNCES ACQUISITION OF OCEAN SCEPTER JACK-UP RIG FROM DIAMON...
Shelf Drilling, Ltd. has entered into a definitive agreement with subsidiaries of Diamond Offshor...
SHARJAH ANNOUNCES 2018 ONSHORE LICENSING ROUND
The Sharjah Petroleum Council (SPC) is inviting petroleum exploration and production companies an...
LMKR RANKED TOP GEOLOGIC INTERPRETATION SOFTWARE PROVIDER
Rated as "best value for money" and easy to use G&G software among independent ...
UAE DIVISIONS OF SCOTTISH FIRMS SIGN PARTNERSHIP AGREEMENT
The Middle East divisions of two Scottish energy equipment manufacturers and service provider...
TOTAL AWARDED PARTICIPATING INTERESTS IN TWO NEW 40-YEAR OFFSHORE CONCESSIONS...
Total has signed two new 40-year concession agreements with the Supreme Petroleum Council of the ...
QATAR PETROLEUM SIGNS CONCESSION AGREEMENT FOR THE CONTINUED DEVELOPMENT AND ...
Qatar Petroleum signed a concession agreement with the Abu Dhabi Supreme Petroleum Council (on be...