Schlumberger and Halliburton win big as ADNOC dishes out $764million unified contract
ADNOC has dished out a unified drilling contract worth $763.7million, with Schlumberger and Halliburton landing sizeable shares.
ADNOC
Oil and dollars: why the UAE is risking a falling-out with OPEC+
The OPEC+ oil cartel is facing its biggest crisis since a price war at the start of the coronavirus pandemic.
UAE eyes first net-zero by 2050 goal among major Petrostates
The United Arab Emirates could become the first nation among the Organization of the Petroleum Exporting Countries (OPEC) to set a net-zero goal, a move that would please Western countries pushing for stronger climate commitments but won't require it to sell less oil.
Saipem wins $510mn sour gas work in UAE
Saipem has won a $510 million contract from Adnoc for work to expand the existing Shah gas plant.
Adnoc signs $744mn contract on Belbazem work
Adnoc has awarded a $744 million contract to the National Petroleum Construction Company (NPCC) for the full field development of the Belbazem offshore block.
Adnoc picks Wood for blue ammonia plans
Adnoc has set out preliminary plans for a world-scale 1 million tonne per year blue ammonia facility in Ruwais.
Adnoc invests to cut drilling time
Adnoc has set out a further investment of $165 million to improve drilling performance, through the issue of four packages.
‘Force for good’: New boss determined to rebuild Petrofac reputation, firm slides into the red
Energy service firm Petrofac said today it intended to be a “force for good” in the global transition to low carbon as it rolled out a “refreshed” strategy.
Penspen wins onshore Abu Dhabi well work
Penspen has won a four-year contract to procure and construct flowlines and wellheads for 51 wells for ADNOC Onshore.
Murban Futures take flight
Intercontinental Exchange (ICE) has begun trading Murban Futures, the fruition of the plan launched in November 2019.
Petrofac ‘cut off from key markets’ after Adnoc suspension
Petrofac has been cut off from three of its “largest and most promising” oil markets globally after being suspended from Adnoc tenders, according to new analysis.
Petronas eyes UAE after signing MoU with ADNOC
Malaysia’s Petronas and United Arab Emirates-based Abu Dhabi National Oil Company (ADNOC) are exploring opportunities to collaborate in the exploration, development and production of Abu Dhabi’s resources.
ADNOC signs $2bn supply deal with Pertamina
Abu Dhabi National Oil Company (ADNOC) will supply Indonesian national oil company Pertamina with liquefied petroleum gas (LPG) and sulfur in a four-year deal worth around $2 billion.
Adnoc, Korea talk blue hydrogen supplies
Adnoc and South Korea have held talks on blue hydrogen supplies during a virtual business trip.
Adnoc lifts destination restrictions, signs Chinese MoUs
Adnoc has signed up two more potential Murban Futures customers and lifted destination restrictions, in addition to providing more market information.
Adnoc awards block to Japan’s Cosmo
Japan’s Cosmo Energy Holdings has won exploration rights for Abu Dhabi’s Offshore Block 4, under the state’s second bid round.
Kentech strikes deal to buy SNC-Lavalin’s oil and gas business
Energy services firm Kentech has struck a deal to buy Canadian engineering company SNC-Lavalin’s oil and gas division.
UAE eager to build bridges to Biden admin
The day before US President Joe Biden was inaugurated in Washington DC, Adnoc’s CEO was speaking in support of the ties that bind the two.
Adnoc cancels Shelf Drilling rigs
Shelf Drilling has reported an early termination for two of its rigs, both of which were contracted to Adnoc Drilling.
Abu Dhabi launches hydrogen plans, Siemens signs up
Adnoc, Mubadala Investment and ADQ have signed a memorandum of understanding (MoU) on launching the Abu Dhabi Hydrogen Alliance.
Adnoc seeks Japanese decarbonisation, Murban support
Adnoc has signed on to decarbonisation plans with the Japanese Ministry of Economy, Trade and Industry (METI) while also securing support for the launch of its new Murban future.
TWI works on non-metallic push
Adnoc, Saudi Aramco Technologies Co. (SATC) and TWI opened a laboratory in November dedicated to non-metallic applications in the oil and gas industry.
Eni, PTTEP take Abu Dhabi offshore block
Eni and Thailand’s PTT Exploration and Production (PTTEP) have won the first offshore block in Abu Dhabi’s second bid round, Adnoc has announced.
Cases of efficient asset management at AUTOMA 2021
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.
Oxy wins Abu Dhabi onshore block
Occidental Petroleum has won the exploration rights to Abu Dhabi Onshore Block 5, Adnoc has reported.