Abu Dhabi | Egypt Oil & Gas - Part 4

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.

Eni ‘Always Interested’ in Abu Dhabi: CEO

Eni CEO Claudio Descalzi said on November 23 that Eni is “always interested in things regarding” Abu Dhabi.

ADNOC to Invest $1.4B in Bu Hasa Field

ADNOC announced on November 14 that is plans to invest $1.4 billion to upgrade and expand its onshore Bu Hasa field.

Abu Dhabi Reviewing Tender Offers for Desalination Plant

Abu Dhabi’s Department of Energy is currently studying tenders for its Taweelah desalination plant.

ADNOC to Boost Oil Production Capacity to 5M b/d by 2030

The Abu Dhabi Oil Company (ADNOC) has revealed plans to boost its production capacity to 5 million barrels per day (b/d) by the end of 2030.

Abu Dhabi’s NPCC Awarded $231M Kuwait Oil Construction Contract

Abu Dhabi's National Petroleum Construction Co. (NPCC) announced on October 2 that it had won a $231 million construction contract from the Kuwait Oil Company.

Waha Capital Buys Minority Stake in Petronash

Abu Dhabi investment company Waha Capital has bought a minority stake in Dubai-based oilfield services and manufacturing company Petronash Holdings worth $88 million.

Baker Hughes Acquired 5% Stake in ANDOC Drilling for $550 million

Baker Hughes General Electric (BHGE), the world's second-largest services company, has purchased a 5% interest in the Abu Dhabi National Oil Company’s (ANDOC) drilling unit.

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