A “natural decline” in production and unplanned outages halved earnings from Taqa’s European business in 2018.
Wood has secured a multi-million dollar contract extension from ADNOC Offshore for services to the UZ750 mega project offshore Abu Dhabi.
Eni SpA won rights to develop major natural gas fields in Abu Dhabi, the company’s chief executive officer said, a deal that could help the Middle Eastern emirate become a net exporter of the fuel.
Digital technology firm ABB has announced a huge Abu Dhabi order of more than £60 million to service integrated automation, electrification and telecommunication at the Bab onshore field.
Total and Abu Dhabi National Oil Company (Adnoc) have agreed to launch an unconventional gas exploration programme.
Energy service giant Wood has secured three new contracts worth more than £40 million with a subsidiary of Abu Dhabi National Oil Company (Adnoc).
Abu Dhabi is pushing ahead with an initial public offering for Spanish oil company Cia Espanola de Petroleos SAU, in what could be the largest such deal in a decade.
Plans are gathering pace for a new event which is set to link the north-east of Scotland with Abu Dhabi and the wider United Arab Emirates later this year.
OMV will buy 20% of two offshore oil fields in Abu Dhabi, the Austrian firm said. It will pay $1.5billion for the stakes in Satah Al Razboot and Umm Lulu. OMV expects to sign on the dotted line with Abu Dhabi National Oil Company by the end of this month.
When oil-rich Abu Dhabi put a string of offshore fields up for auction, suitors from China to Italy vied for a slice of the pie. Surprisingly, that piece was snatched from one of the world’s largest energy conglomerates.
Austrian oil producer OMV AG is poised to win a deal to produce oil from offshore fields in Abu Dhabi, according to people with knowledge of the situation.
The Abu Dhabi National Oil Company (Adnoc) has sold Japan's Inpex a 10% stake in the offshore Lower Zakum concession for $600million.
Abu Dhabi awarded a second slice of its offshore oil concessions in as many weeks, this time to Spanish refiner and producer Cia Espanola de Petroleos SA for a $1.5 billion fee.
Indian companies agreed to pay $600 million for a stake in one of Abu Dhabi’s biggest offshore oil concessions, securing a share in the emirate’s crude production for the first time.
Statoil ASA is among producers involved in discussions with the Abu Dhabi National Oil Co. about joining offshore production in the emirate, according to a Norwegian diplomatic dispatch.
An AgustaWestland helicopter was ditched in the Arabian Gulf after engine oil temperatures soared to dangerously high levels.
Lamprell has delivered the final jack-up drilling rig in a series of nine to Abu Dhabi’s National Drilling Company (NDC).
Economy Secretary Keith Brown is to travel to the Middle East in a bid to boost overseas trade following the vote for Brexit.
Abu Dhabi’s proposed merger of two of its largest sovereign investment funds would create a global energy business that produces more oil than OPEC member Libya and with more assets than ConocoPhillips.
Abu Dhabi is planning to merge two of its largest sovereign investment funds as the sheikhdom pursues a strategy of consolidation after the slump in oil prices.
Oilfield services specialist Rigmar Group is expanding its international operation with the opening of a new office in Abu Dhabi.
Abu Dhabi's state-owned National Oil Co (ADNOC) plans to cut 5,000 jobs by the end of the year, and 2,000 of the lay-offs have already been carried out, Middle East news service MEED has reported.
Abu Dhabi National Energy Co., which produces oil and natural gas from Canada to North Africa, reported a net loss for the first quarter as revenue declined because of lower crude and natural gas prices.
Abu Dhabi National Energy Co is considering whether to sell its overseas oil and gas assets to another Abu Dhabi state-owned entity as it focuses on its core business of power generation and water production.
The world's first ultra-sour gas project has been officially opened by the Abu Dhabi National Oil Company(ADNOC) in a joint venture with Occidental Petroleum.