Penspen’s local touch in Abu Dhabi
The Middle East has been a mainstay of Penspen and confirmation of that came earlier this week, with the announcement of a project management consultancy (PMC) award from Abu Dhabi’s ADNOC.
Middle East
Opening the Gateway to Abu Dhabi
Energy Voice and Granite PR have held their first co-branded Gateway event in Abu Dhabi, with a pre-conference breakfast involving ADNOC, where the importance of innovation and co-operation was high on the menu.
Iran’s giant oil discovery brings ‘little material benefit’ under crushing US sanctions
Iran’s 50billion barrel oil find will bring little benefits while it remains under the weight of US sanctions, an analyst has said.
ADNOC sets out Murban Futures plan
Abu Dhabi is taking steps to cement its position as a reliable supplier through the launch of the Murban Futures contract.
Abu Dhabi minister highlights efficiency, emissions
Forecasts for future demand and supply may fluctuate, but cutting costs and increasing efficiency will serve Abu Dhabi in the long term, Minister of Energy and Industry Suhail Al Mazroui said during a panel discussion at ADIPEC.
Completions firm Vulcan underlines commitment to Middle East
An international leader in the provision of creative solutions for the oil and gas completions market has underlined its commitment to the Middle East by announcing plans to expand its team.
James Fisher wins six-figure decommissioning deal
James Fisher Offshore has earned a six figure sum for helping the Abu-Dhabi-headquartered National Petroleum Construction Company with offshore decommissioning in the Middle East.
N-Sea wins contracts worth £11.6m in Middle East
Subsea inspection, maintenance and repair (IMR) firm N-Sea has won a series of contracts out of its Middle East base worth a combined £11.6m.
The power of Scotland on show at Adipec
From November 11-14, the eyes of the global energy industry will be firmly fixed on the Abu Dhabi International Petroleum Exhibition & Conference (Adipec).
Crew change in Gulf Cooperation Council
It is apparent that Gulf Cooperation Council (GCC) countries have initiated a “crew change” where experienced, long-term expat leaders are to be replaced by the next generation of ideally locally developed talent with the skills and experience to step into their shoes.
Experience and innovation: The recipe for successful decommissioning globally
In the 12 short months since my team and I attended Adipec 2018, so much has changed.
Energy Industries Council to play a more central role at Adipec 2019
Each year, the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) provides an important platform for the oil and gas industry to do business and exchange information, and is set to welcome more than 145,000 visitors, including energy ministers, chief executives, decision-makers and professionals with real buying power.
Abu Dhabi is vital event for Centrifuges Un-Limited
Oil and gas service company Centrifuges Un-Limited will draw on a successful track record in the North Sea and Middle East as it sets its sights on further global growth opportunities.
Low demand, US supply squeeze OPEC
Oil demand will reach 101 million barrels per day in 2020, OPEC’s World Oil Outlook (WOO) has said.
Sparrows creates 150 positions in UAE after sealing deals worth £55m-plus
Energy service firm Sparrows Group has created more than 150 new positions in the United Arab Emirates (UAE) after winning contracts worth more than £55 million over the past three months.
Energy services firm Paradigm in demand
Paradigm Drilling Services (PDS) based at Thainstone, near Inverurie, has beefed up its presence in Mexico and the Middle East to cope with growing demand for its innovative offshore drilling equipment.
Saudi Arabia starts IPO of state-owned oil giant Aramco
Saudi Arabia has formally announced the start of its initial public offering (IPO) of the state-run oil giant Saudi Aramco.
Aramco to trade on Saudi exchange in December, Arabiya Says
Shares in Saudi state oil giant Aramco will start trading on the Middle Eastern country’s stock exchange on Dec. 11, television news channel Al Arabiya reported, without identifying the source for the information.
N-Sea wins contracts worth £11.6m in Middle East
Subsea inspection, maintenance and repair (IMR) firm N-Sea has won a series of contracts out of its Middle East base worth a combined £11.6m.
Russia calls US move to protect Syrian oilfields ‘banditry’
Russia's defence ministry has harshly criticised the US decision to send armoured vehicles and combat troops into eastern Syria to protect oil fields.
Bankers shrug off risk and head back to Saudi Arabia for deals
For the second straight year, the risks of doing business in Saudi Arabia are pushing their way onto the agenda of Saudi Crown Prince Mohammed bin Salman’s glittering investment showcase.
Saudi Aramco’s $2trillion IPO delayed once again
Saudi Aramco’s stop-start initial public offering was delayed again just days before a planned launch as doubts re-emerged about the $2 trillion valuation placed on the state oil giant by Crown Prince Mohammed bin Salman.
Trump claims to have ‘taken control’ of Middle East oil
President Donald Trump prompted a bout of head-scratching when he said the U.S. had control of the Middle East’s oil.
Lukoil signs up for Ghasha work with ADNOC
Lukoil has signed up for a 5% stake in the Ghasha concession, as a part of a broader package between the United Arab Emirates and Russia.
Tanker prices spike as sanctions bite
Tanker prices have rocketed over the last week, driven by US sanctions on various Chinese shippers, principally COSCO Dalian.