Abu Dhabi | Egypt Oil & Gas - Part 10

IPIC Profits Gyrate Due to Low Oil Prices

Abu Dhabi's state-owned International Petroleum Investment Co (IPIC) reported on Wednesday a 37% drop in net attributable profit for 2014 as low oil prices hurt earnings.

Mergers a Key Tool in Abu Dhabi’s Debt Alleviation Plans

Abu Dhabi may merge its national energy company into another state-owned business to make the company's crippling debts more manageable and try to turn around its performance

Abu Dhabi Fund Loans Mali $90.6 Mn for Optimal Solar Project

Abu Dhabi Fund for Development (ADFD) recently signed a Dh33 million ($90.6 million) loan agreement with the Government of Mali to finance a hybrid solar energy project in Mali.

Topaz Emergency Response Vessel Built in Abu Dhabi Dockyard

Topaz Energy and Marine, a leading offshore support vessel company, has bolstered its Emergency Response and Recovery Vessel (ERRV) fleet with the addition of a fourth vessel.

Abu Dhabi Exports, Investments Feel Pinch of Oil Prices

Fabulously wealthy Abu Dhabi is tightening its belt as low oil prices slash its export revenues

$150 Mn Could Go to Egypt Energy Firms from ADIB

Abu Dhabi Islamic Bank (ADIB) is studying arranging a US$150 million financing for one of the energy firms in Egyp

Power-Gen Conference Receives Saudi, Bahrani Backing

Top regional power producing companies Saudi Electricity Company (SEC) and Bahrain Electricity and Water Authority (Bewa) are set to take part as supporting entities at the 13th annual Power-Gen Middle East Conferenc ...

Abu Dhabi Energy R&D Conference Takes Off

More than 1,500 research and industry professionals are taking part in the Abu Dhabi International Research and Development Conference and Exhibition (Adrac), which opened in the UAE capital today (May 24).

Middle East Automation Market Growing by Leaps and Bounds

The Middle East’s oil and gas automation and instrumentation market is set to witness significant growth over the next few years, according to industry experts gathering this week in Abu Dhabi for the ISA Automation ...

Financial Growth Unaffected by Oil Prices, says First Gulf Bank

Bank sees no slowdown in lending

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