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.
Global engineering management firm Penspen has opened an office in South America to facilitate a two-year contract in the region.
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 has picked up a 10% stake in a giant gas project in Abu Dhabi.
Global engineering management firm Penspen has been awarded a £54 million deal by Abu Dhabi National Oil Company (Adnoc) Onshore.
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.
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).
Oil field service giant Baker Hughes, a GE company (BHGE) will buy a 5% stake in Adnoc Drilling for $550 million.
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.
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, 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 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.
The Abu Dhabi National Oil Company (ADNOC) has today announced a six block licencing opportunity in conjunction with the Supreme Petroleum Council (SPC).
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.
Abu Dhabi National Oil Company (ADNOC) has awarded two contracts worth over $3.5billion (£2.4billion) to Samsung Engineering.
French energy giant Total will stump up £1.04billion for stakes in two UAE concessions.
The Abu Dhabi National Oil Company (Adnoc) has set out plans to become a major global player in the downstream segment.
The Abu Dhabi National Oil Company (Adnoc) has sold Japan's Inpex a 10% stake in the offshore Lower Zakum concession for $600million.
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.
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.
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.
Abu Dhabi National Oil Company (Adnoc) has revealed plans to launch new blend of crude.