Abu Dhabi | Egypt Oil & Gas - Part 3

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.

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 ...

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 September 30, 2019, was negatively impacted by unfavorable mark-to-market movements generated by ...

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 oi ...

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 Ce ...

El Molla Speaks at WEC’s Seminar in Abu Dhabi

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla has discussed the government efforts aimed at bolstering Egypt’s regional role in maximizing utilization of oil explorations in cooperation with ...

Abu Dhabi Launches Instant Licensing Services

The Abu Dhabi Department of Energy (DoE) in cooperation with the Abu Dhabi Digital Authority (ADDA) has launched its new instant licensing services through the Abu Dhabi Government Services System (TAMM).

ADIPEC 2019 Awards Open for Submissions

ADIPEC Awards announced that its 9th edition is now open for submissions until July 29 in six categories.

Abu Dhabi Launches Second Bid Round for New Blocks

The five new blocks open for bidding are Offshore Block 3, Offshore Block 4, Offshore Block 5, Onshore Block 5 and Onshore Block 2, with the latter offering two separate licensing opportunities for conventional an ...

Mubadala Sells Cepsa’s Stakes to Carlyle

Abu Dhabi’s Mubadala has agreed to sell a 30-40% stake in Cepsa to the US-based global investment firm, Carlyle Group.

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