20 energy majors to grace inaugural Energy Exports Conference
Majors including Aramco, BP, Ørsted and Shell will talk about US$150bn of global projects requiring UK products and services
ADNOC
Interserve to vote on strike action after £76m Adnoc deal
Workers at Interserve are to be balloted for strike action in a row over job cuts and sick pay.
KKR, BlackRock invest $4bn in Abu Dhabi pipelines
KKR & Co. and BlackRock Inc. agreed to invest $4 billion in Abu Dhabi’s oil pipelines, securing two decades of guaranteed returns and providing the Middle Eastern energy producer a cash injection to help diversify its economy.
Wood wins £6m contract with ADNOC to design ‘world’s largest’ refinery
Aberdeen-headquartered Wood has won a £6million contract with Abu Dhabi National Oil Company (ADNOC) to design the “world’s largest refining and petrochemicals complex”.
Abu Dhabi state-owned oil giant gets top credit rating
Abu Dhabi’s government-owned oil giant was assigned the region’s highest credit rating as the company pursues international investors and seeks to raise new funds from its businesses.
Penspen opens South American office
Global engineering management firm Penspen has opened an office in South America to facilitate a two-year contract in the region.
Eni shells out £2.5bn for stake in Adnoc Refinery
After months of courting oil officials in Abu Dhabi, Claudio Descalzi got his prize: a stake in the world’s fourth-largest oil processing plant.
Wintershall picks up stake in giant Abu Dhabi gas project
Wintershall has picked up a 10% stake in a giant gas project in Abu Dhabi.
Penspen ink huge £54m contract with Adnoc
Global engineering management firm Penspen has been awarded a £54 million deal by Abu Dhabi National Oil Company (Adnoc) Onshore.
Wood inks contract extension with Adnoc for Upper Zakum oil field project
Wood has secured a multi-million dollar contract extension from ADNOC Offshore for services to the UZ750 mega project offshore Abu Dhabi.
Eni to develop Abu Dhabi gas fields as emirate targets exports
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.
Total, Adnoc launch unconventional gas exploration programme
Total and Abu Dhabi National Oil Company (Adnoc) have agreed to launch an unconventional gas exploration programme.
Wood ties up contracts worth £40m with Adnoc Onshore
Energy service giant Wood has secured three new contracts worth more than £40 million with a subsidiary of Abu Dhabi National Oil Company (Adnoc).
BHGE in $550m swoop for Adnoc Drilling stake
Oil field service giant Baker Hughes, a GE company (BHGE) will buy a 5% stake in Adnoc Drilling for $550 million.
UAE a great place to work, but don’t expect to find ‘rowies’, gateway event hears
The United Arab Emirates is a great place to live and work, but you can’t get a decent rowie “for love nor money”, a businessman said at an event in Aberdeen yesterday.
ADNOC dishes out £1.4bn for ‘world’s largest’ seismic survey
The Abu Dhabi National Oil Company (ADNOC) has announced that it has awarded contracts up to a value of £1.4 billion to undertake the "world's largest" seismic survey.
Baker Hughes, GE in talks with Abu Dhabi on drilling stake
Baker Hughes, a GE Company, is in talks with Abu Dhabi National Oil Co. to set up a partnership that could lead to the U.S. firm taking a minority stake in the state-owned energy giant’s drilling unit, according to people with knowledge of the matter.
Abu Dhabi’s Adnoc looks to India amid $45bn refining push
Abu Dhabi National Oil Co. is looking into acquiring a stake in an Indian refinery as it plans to invest $45 billion at home to expand its Ruwais refining and petrochemicals complex.
Abu Dhabi unlocks six big oil and gas blocks
The Abu Dhabi National Oil Company (ADNOC) has today announced a six block licencing opportunity in conjunction with the Supreme Petroleum Council (SPC).
OMV in $1.5bn deal for Abu Dhabi oil fields
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.
ADNOC awards two contracts worth $3.5billion to Samsung Engineering
Abu Dhabi National Oil Company (ADNOC) has awarded two contracts worth over $3.5billion (£2.4billion) to Samsung Engineering.
Total in £1.04bn deal for UAE concessions
French energy giant Total will stump up £1.04billion for stakes in two UAE concessions.
Adnoc to build world’s largest refining and chemical site
The Abu Dhabi National Oil Company (Adnoc) has set out plans to become a major global player in the downstream segment.
Inpex buys stake in Abu Dhabi oil concession for $600m
The Abu Dhabi National Oil Company (Adnoc) has sold Japan's Inpex a 10% stake in the offshore Lower Zakum concession for $600million.
Adnoc IPO value setback a lesson for Saudi Aramco
When the state-owned oil company of the United Arab Emirates decided to sell a stake in its fuel-retailing unit, it had a lofty valuation target.