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Rita Brown

Middle East

ADNOC continues transformation with shares listing

Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution) successfully listed its shares on the Abu Dhabi Securities Exchange (ADX) today following a bell ringing ceremony led by His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC chief executive and His Excellency Hamad Al Shamsi, chairman of the ADX.

Opinion

Opinion: Economic reality is set to box Mario Draghi into a corner

The European Central Bank policy could have ended its year with a non-event on Thursday, merely filling in the gaps left after October's decision to curb quantitative easing from January. Instead, policy makers are poised to unveil new growth and inflation estimates that will prove fundamental in dictating how next year unfolds.

North Sea

Report: Green shoots of hope in 2017 for North Sea

The green shoots of recovery that were widely spoken about within M&A (Merger & Acquisition) circles at the beginning of the year appear to have continued to gather momentum as the recent market stability in the energy sector encourages a more positive environment in which to undertake M&A activity.

Opinion

Opinion: The perfect time to show some spirit for the North Sea

Today marks the first day of trading for Spirit Energy, and there is a lot of excitement in our offices across Europe as we take the first step towards building a strong, sustainable exploration & production business ready for the future.

Opinion

Opinion: Invest, innovate, initiate in 2018

Looking ahead to 2018, while large corporates and private equity houses seek growth opportunities and remain acquisitive, it will come as little surprise that during the challenging market conditions over the past couple of years that potential target companies have sought to adapt to the market changes as oppose to engaging in M&A processes to actively market their businesses for sale.

Opinion

Opinion: The Arctic threat to Saudi Arabia’s grand oil bargain

When Saudi Arabia's oil minister attended Friday's grand opening of a giant liquefied natural gas plant in northern Siberia, he'd have known this was just part of a bigger energy story developing in Russia's icy north. It's not just gas that's a big deal there. Russia's Arctic oil flows are soaring too.

Other News

Opinion: Legal developments in 2017

Back in January I wrote about what we might expect from OGA during 2017. OGA has largely delivered on those expectations.

North Sea

North Sea wellslot: Who is drilling what, where

Westwood Global Energy reports that there was just one new well spud in the UK in November. The well is drilling in the Northern North Sea and brings the total number of new E&A well spuds to 20 in 2017. Four wells were active at the end of November, all close to, or operating at, total depth.