Abu Dhabi | Egypt Oil & Gas - Part 11
South Korean Company Wins 40-Year Abu Dhabi Concession
South Korea’s GS Energy said on Wednesday it had agreed to buy a stake worth 743 billion Korean won ($676 million) in a new 40-year onshore oil concession in Abu Dhabi, the latest move by import-dependent Asian ...
UAE and Other Middle East Stocks Gyrate With Oil Prices
Dubai stocks tumbled the most since March as investors bet the longest streak of weekly gains in 15 months had taken share prices too high, too fast. Abu Dhabi equities fell to the lowest in almost three weeks. The DF...
Update: Japan’s Inpex Successful in Abu Dhabi, Wins 40-year Contract
Inpex Corporation has acquired a 5% participating interest in the ADCO Onshore Concession in Abu Dhabi. The acquisition is based on a 40-year agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi an...
Dubai to Invite Bids for Next Phase of Solar Park
Dubai Electricity and Water Authority (Dewa) has invited bids for a project consultancy contract for the third phase of Mohammed bin Rashid Al Maktoum Solar Park, one of the largest renewable energy projects in the re...
Abu Dhabi Eyeing 50% Increase in Offshore Rig Count
Abu Dhabi plans to invest over billion in the next five years on boosting its oil production capacity from offshore fields, a senior official of Abu Dhabi National Oil Co said on Tuesday. The plan is part of the Unite...
Adnoc Concession Negotiations Seeking to Up Oil Recovery Rate to 70%
Abu Dhabi National Oil Co. is still in talks with international companies about concessions at the emirate’s largest fields and hasn’t set a deadline for deciding on the awards, Director General Abdullah Nasser al Suw...
Access Co-Development Fund Launched for Renewable Projects
Access Infra Africa, a developer, owner and operator of power assets in Africa, has launched the Access Co-Development Fund (ACF), a $5 million competition designed to bridge the gap between early stage renewable ener...
Abu Dhabi Students Bring Japanese Solar Car to Life
Yas Mall is set to showcase a solar car, conceived in Japan, but built by students in Abu Dhabi, which debuted at a race earlier this year. The Abu Dhabi’s Petroleum Institute Research Center and University solar car ...
