Projects worth around $200 billion (Dh734.47 billion) were cancelled globally in the last three months due to falling oil prices, an oil and gas expert told Gulf News. Christophe de Mahieu, a partner in Dubai-based Ba...
The chief executive of Total hailed the renewal of its oilfield concession in Abu Dhabi as a “blockbuster” and did not deny the French oil major may have coughed up over $2 billion to sign the deal. The Pa...
As global energy production and consumption centres are shifting, Fujairah is transforming into a major platform for local, regional and international companies seeking to expand their footprint into other parts of th...
Abu Dhabi National Oil Company (Adnoc) is said to have asked nearly $7 billion (Dh25.7 billion) from international oil companies to pay for awarding contracts to develop onshore oilfields in Abu Dhabi, an industry exp...
Zakum Development Company (Zadco) hosted AlMansoori Specialized Engineering for a day that allowed AlMansoori to showcase their latest technologies and capabilities across a range of oilfield services, while creating ...
Abu Dhabi National Oil Co. is seeking final bids by tomorrow for concessions to the emirate’s largest onshore fields, said Abdullah Nasser Al Suwaidi, director general of the state-owned company. The offers must match...
Abu Dhabi Gas Industries (Gasco) has awarded Spain’s Tecnicas Reunidas (TR) a $700 million contract for a natural gas project in Abu Dhabi. The contract covers Package 3 of Gasco’s Integrated Gas Development Expansion...
State-owned Abu Dhabi National Oil Co (Adnoc) has started production from its crude and secondary units at the newly expanded Ruwais refinery, industry sources said on Thursday. The majority of supply from the enlarge...
Abu Dhabi, the desert emirate holding about 6% of the world’s oil, cut export prices for its crude for the seventh consecutive month and to the lowest since 2009 amid a global price slump. Murban crude, its main grade...
A top executive of the French oil company Total said they are pleased with the new concession agreement signed with Abu Dhabi National Oil Company (Adnoc) and the Supreme Petroleum Council to develop Abu Dhabi’s oil f...