Shell, TotalEnergies in talks for stakes in Adnoc LNG plant
Adnoc is expected to make a final investment decision on the Ruwais LNG export project as soon as next month.
Adnoc is expected to make a final investment decision on the Ruwais LNG export project as soon as next month.
By BloombergOil shrugged off Iran’s unprecedented attack on Israel, with prices easing on speculation that the conflict would remain contained.
Adnoc has launched an artificial intelligence (AI) joint venture with Abu Dhabi’s Group 42.
Bosses at MODS are planning a recruitment drive after selling a 40% stake in the family-owned energy software business to a Japanese engineering firm for £7.3 million.
Israel and Lebanon have begun discussions on shared boundaries, under an agreement brokered by the US.
Adnoc has begun trading derivatives via its Adnoc Trading (AT) unit, marking a step for the NOC to become an increasingly sophisticated market player.
Libya’s oil industry continued to revive this week following a truce between the main factions in the OPEC member’s devastating civil war.
Subsea service firm Rovop said yesterday it was well-positioned, despite challenging trading conditions, to invest in and secure future growth as the market recovers.
Qatar Petroleum (QP) has placed an order with Baker Hughes for multiple main refrigerant compressors for the North Field East (NFE) project.
Saudi Aramco has sent 40 tonnes of blue ammonia to Japan, for use in zero-carbon power generation.
Adnoc Logistics and Services (L&S) has signed a deal to provide a range of marine services for all petroleum ports in Abu Dhabi.
Saudi Arabia has written to the United Nations Security Council warning of an “oil spot” has been detected offshore Yemen.
The dispute between Gulf Marine Services (GMS) and its major shareholder Seafox International shows no signs of receding and have scotched plans for a capital raise.
ADES International increased EBITDA, revenue and profit in the first half of 2020, versus 2019.
Adnoc has signed framework agreements with Mubadala Investment and Emirates Nuclear Energy Corp. (Enec) focused on co-operation on in-country value (ICV).
Iran's president dismissed US efforts to restore all UN sanctions on the country, as mounting economic pressure from Washington pushed the currency down to its lowest level ever on Sunday.
Oman’s Ministry of Energy and Minerals has signed a deal with the US’ EOG Resources for Block 36.
Israel, the United Arab Emirates and Bahrain have signed a peace agreement that marks a step towards normalising diplomatic relationships in the Middle East.
Energean has signed a pair of key gas sales contracts for its Karish development in the eastern Mediterranean.
Israel’s Petroleum Council has backed the acquisition of Noble Energy by Chevron.
Turkey’s Oruç Reis seismic ship has returned to port to resupply, the country’s energy ministry has said.
DNO’s Peshkabir gas capture and injection project, in Kurdistan, has launched and already captured 1 billion cubic feet of gas injected, in a major move to reduce emissions.
Fluor’s joint venture in Kuwait has started up two boilers at the new Al-Zour refinery.
Adnoc Onshore has awarded engineering, procurement and construction (EPC) contracts for two main oil lines at the Jebel Dhanna terminal.
Saudi Aramco is shelving multi-billion-dollar petrochemical and gas projects as the state oil giant’s determination to preserve its dividend despite a crash in energy prices forces it to cut back on major investments.
The Gulf is slated to earn $270 billion less in oil revenue compared to last year. This is to a large extent because the region's economic heavyweight, Saudi Arabia, has been sinking deeper into recession amid the coronavirus pandemic.
An Apollo Global Management-led group will pay $2.7 billion to Adnoc for a 49% lease in various properties.