BlackRock Inc., Global Infrastructure Partners and KKR & Co. are among suitors considering bidding for a stake in natural gas pipelines being sold by Abu Dhabi’s state-owned energy giant, people familiar with the matter said.
Gas investments in the Middle East and North African (MENA) region are declining, according to a report from Saudi Arabia-based Arab Petroleum Investments Corp. (APICORP).
When Indian Oil Corp. (IOC) was launched it focused on the downstream and has subsequently expanded into the upstream, while also moving into petrochemicals.
Adipec 2019 was the 35th year of the conference, highlighting what progress Adnoc and the local industry has made – and the next phase of expansion plans.
There are opportunities for companies to press ahead with innovation and expansion while using machine learning and big data, ABB’s vice president for digital Ronan O’Sullivan said recently.
A thorough understanding of the present is essential for ADNOC to make plans for the future, the company’s senior vice president for digital Abdul Nasser Al Mughairbi told Energy Voice on the sidelines of the ADIPEC conference.
Innovation and new approaches are dominating ADNOC’s drive for new sources of gas.
Baker Hughes is shoring up its position in Abu Dhabi, opening a new wellhead repair and maintenance facility in the country last week, while talking up its various positions in the region.
The Middle East has been a mainstay of Penspen and confirmation of that came earlier this week, with the announcement of a project management consultancy (PMC) award from Abu Dhabi’s ADNOC.
Energy Voice and Granite PR have held their first co-branded Gateway event in Abu Dhabi, with a pre-conference breakfast involving ADNOC, where the importance of innovation and co-operation was high on the menu.
Abu Dhabi is taking steps to cement its position as a reliable supplier through the launch of the Murban Futures contract.
Forecasts for future demand and supply may fluctuate, but cutting costs and increasing efficiency will serve Abu Dhabi in the long term, Minister of Energy and Industry Suhail Al Mazroui said during a panel discussion at ADIPEC.
It is apparent that Gulf Cooperation Council (GCC) countries have initiated a “crew change” where experienced, long-term expat leaders are to be replaced by the next generation of ideally locally developed talent with the skills and experience to step into their shoes.
Lukoil has signed up for a 5% stake in the Ghasha concession, as a part of a broader package between the United Arab Emirates and Russia.
Weatherford has signed a £175 million contract to supply Adnoc with its rotary steerable system (RSS) over a three-year period.
Aker Solutions has won a £65 million order from Adnoc to deliver subsea umbilicals for the Dalma gas development project located offshore UAE in the Persian Gulf.
The Abu Dhabi National Oil Company (Adnoc) has entered into a pipeline infrastructure investment pact with GIC, Singapore’s sovereign wealth fund.
The Abu Dhabi National Oil Company (Adnoc) said today that it had completed one of the world's largest-ever refinery deals.
A joint venture involving UK energy service giant Petrofac will carry out early design work on an offshore oil project in the Middle East.
Industrial services firm Altrad said its half-year results showed its efforts to integrate companies acquired in recent years had been a “tremendous success”.
Majors including Aramco, BP, Ørsted and Shell will talk about US$150bn of global projects requiring UK products and services
Workers at Interserve are to be balloted for strike action in a row over job cuts and sick pay.
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.
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’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.