Abu Dhabi | Egypt Oil & Gas - Part 3
ADNOC Renews Storage Deal with Japan
The Abu Dhabi National Oil Company (ADNOC) renewed and expanded an agreement with Japan to store and trade crude in Asia’s second-biggest economy, according to the National. The original agreement expired at the end o...
ADNOC Signs Three Deals with Indonesian Companies
The Abu Dhabi National Oil Company (ADNOC) signed three deals with Indonesia’s Pertamina and Chandra Asri, according to Pipeline Oil and Gas News. In the attendance of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...
Middle East National Awards GMS Two Contracts
Abu Dhabi’s Gulf Marine Services (GMS) was awarded two contracts for its vessels for a Middle East National Oil Company, according to Pipeline Oil and Gas News. The first contract is for a K-Class (small) vessel and i...
ADNOC’s Ruwais to Undergo Maintenance in 2020
The Abu Dhabi National Oil Company (ADNOC) announced in a statement that its Ruwais facility in Abu Dhabi will undergo maintenance in 2020, according to Reuters. “We do not expect any impact upon the supply of our pro...
ExxonMobil Invests $6.5 B in UAE’s Upper Zakum
President and UAE Lead Country Manager of Exxon (Al-Khalij) Inc. Christian G. Lenoble announced that ExxonMobil has invested around $6.5 billion in Upper Zakum oilfield since its involvement in the offshore field in 2...
TAQA’s Net Profits Dip 54% in 9 Months
Abu Dhabi National Energy Company, TAQA, announced that the consolidated net profit for the nine-month period ended on September 30, 2019, was negatively impacted by unfavorable mark-to-market movements generated by a...
Abu Dhabi Sees Boost in Oil, Gas Reserves
Abu Dhabi’s Supreme Petroleum Council (SPC) approved the launch of a new pricing mechanism for the Abu Dhabi National Oil Company’s (ADNOC) onshore crude oil and Murban. Furthermore, it announced an increase in ...
Abu Dhabi’s Crude Oil Production Grows by 1.4% in 2018
Abu Dhabi’s crude oil production registered around 1.097 billion barrels in 2018, which is an increase of 1.4% compared to 1.081 billion barrels in 2017, according to statistics issued by Abu Dhabi’s Statistics Center...
