Recognising shift to gas, Mubadala Petroleum rebrands
Mubadala Petroleum has changed its name to Mubadala Energy, reflecting the company’s energy transition commitments and its gas-weighted portfolio.
Abu Dhabi
Boosting clean energy transitions in emerging economies
Our climate and energy future increasingly hinges on the ability of emerging economies to successfully transition to cleaner energy production.
ADNOC Drilling lands $2bn contracts for Ghasha ‘mega-project’
ADNOC Drilling has been awarded $2bn contracts for the Hail and Ghasha “mega-project” in the United Arab Emirates (UAE).
Adnoc L&S snaps up Zakher Marine International
Adnoc Logistics & Services is buying Zakher Marine International (ZMI), an Abu Dhabi-based owner operator of offshore support vessels (OSVs).
Technip Energies, NPCC launch MENA-focused energy transition unit
Technip Energies and Abu Dhabi’s National Petroleum Construction Co. (NPCC) have agreed to establish a joint company, aiming to focus on the energy transition.
Taqa and ADNOC take control of UAE’s Masdar in $2bn deal
Taqa and ADNOC have struck a $1.9 billion deal to acquire controlling stakes in Abu Dhabi’s clean energy firm Masdar.
Mubadala leans on gas to hit the 500,000 boepd mark
Abu Dhabi’s Mubadala Petroleum has reached 500,000 barrels of oil equivalent per day, for the first time in its history.
ADNOC makes first UK investment with 25% stake in BP H2Teesside hydrogen project
ADNOC, the UAE’s largest energy firm, has acquired a 25% stake in the BP H2Teesside project.
Adnoc sets out June IPO plan for Borouge
Adnoc and Borealis have set out plans to hold an IPO for Borouge on the Abu Dhabi Securities Exchange.
Turning flare gas into hydrogen and graphene, Levidian seals UAE deal
A pioneering company has struck a deal to help decarbonise flaring sites in the United Arab Emirates, while producing hydrogen and graphene.
UAE ruler dies, triggering race for succession
United Arab Emirates ruler Sheikh Khalifa bin Zayed Al Nahyan has died triggering 40 days of official mourning.
EnerQuip reports ‘strong start’ to 2022 with $5m in new contracts
Torque machine specialist EnerQuip has reported a strong start to 2022, securing more than $5 million in contracts around the globe.
ADNOC dishes out $227 million enhanced recovery deal for Bab field
ADNOC onshore has handed out a contract worth $227 million deal for a “first-of-its kind” technology to be used at Abu Dhabi’s Bab field.
UAE blames new blast on gas explosion as US warns citizens
The United Arab Emirates said an exploding gas cylinder was responsible for a blast that rocked the capital overnight, as the US issued another warning to its citizens to remain vigilant following a series of attacks on the Gulf country.
ADNOC mulls green bond as Gulf firms seek ESG funds
Abu Dhabi’s state oil producer ADNOC is considering the sale of a green bond for the first time, according to people with knowledge of the matter, as companies and governments in the Persian Gulf increasingly look to tap investors in sustainable assets.
Eni makes gas find offshore Abu Dhabi
Eni has discovered gas at its first exploration well drilled offshore Abu Dhabi, in the offshore Block 2.
Masdar prepares to “supercharge” with 2030 target
Masdar has ambitious plans to scale up its power capacity and sees the entry of Adnoc and TAQA as set to “supercharge” its business.
Adnoc launches new Murban unit to raise debt
Adnoc has set out plans to issue bonds via a new wholly owned subsidiary, as it continues working to raise capital.
Eni signs up logistics plan with AD Ports at Mugharraq
AD Ports has established a new agreement with Eni’s local subsidiary on setting up a marine logistics base.
UAE intercepts missiles launched by Houthis
The United Arab Emirates has destroyed two ballistic missiles launched from Yemen this morning.
Adnoc CEO visits workers in hospital following drone strike
The chief executive of Adnoc has visited a hospital where workers injured in a rumoured terrorist attack are being treated.
Masdar signs up TotalEnergies, Engie on green hydrogen plans
Masdar has struck international deals on two of its domestic green hydrogen projects, on the sidelines of Abu Dhabi Sustainability Week (ADSW).
Masdar sets 100 GW renewable energy target for 2030
Masdar aims to be the world’s largest renewable energy company in the world, with a 100 GW target by 2030.
Abu Dhabi tankers burn in reported drone strike
Two explosions have occurred in Abu Dhabi, close to the capital, in what is rumoured to be a terrorist attack.
ADNOC invests $1billion in 60-year-old Umm Shaif oil field
ADNOC has announced an investment of nearly $1billion to extend the life of the Umm Shaif oil field which started up 60 years ago.