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).
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.
Adnoc unit IPO to raise $902m after narrowing range
Abu Dhabi National Oil Co. plans to raise as much as 3.31 billion dirhams ($902 million) from the initial public offering of its fuel-retailing unit after lowering the top end of the offer price and deciding to only sell a 10 percent stake.
Adipec 2017: Adnoc reveals plans to boost major oil fields
Abu Dhabi National Oil Company (Adnoc) has reached an agreement to increase production capacity from the offshore Upper Zakum oil field to 1million barrels per day (bpd) by 2024.
Adipec 2017: Adnoc to launch new blend of crude
Abu Dhabi National Oil Company (Adnoc) has revealed plans to launch new blend of crude.
Adnoc said to be cutting 5,000 jobs
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.
TAQA reiterates commitment to oil and gas assets, denies merger talks
TAQA, the Abu Dhabi based energy company, responding to reports it was considering selling its international oil and gas assets said it remains committed to investing in its portfolio.
TAQA said to be mulling hiving off oil and gas assets
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.
ADNOC and Occidental open world’s largest sour gas project
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.
OptaSense secures Gasos deal in Abu Dhabi
Acoustics specialist OptaSense, has signed an agency agreement with Abu Dhabi’s Gulf Automation Services and Oilfield Supplies (GASOS).
ITF members agree to advance enhanced oil recovery proposals
Proposals for a collaborative joint industry project on hybrid enhanced oil recovery are to be considered by operators in the Middle East next year.