Abu Dhabi | Egypt Oil & Gas - Part 7

ADNOC Negotiates for a $5 Billion Loan

Abu Dhabi oil giant ADNOC has entered negotiations for syndicated loan worth up to $5 billion.

OPEC, Non-OPEC Countries to Discuss Non-Compliance with Agreement

Kuwait and Russia will chair a meeting in Abu Dhabi on August 7th and 8th to discuss why some signatories of last year’s oil-production agreement are failing to fulfill their promises to cut production.

Abu Dhabi’s Baron Point Petroleum Enters JV with PetroVietnam

The JV will handle the financing, construction, and operation of the petroleum product pipelines and storage space through a Bonded Terminal System at Phu Quoc Island.

ADNOC to build Gulf’s largest NGV service station

The mega station will have an hourly pumping capacity of 2,850 standard cubic meters, the highest in the region.

ADNOC, Vitol Signed 10-Year LPG Agreement

The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000t/y of liquefied petroleum gas (LPG), to Vitol over the next ...

Masdar Bought 25% Stake in UK Wind Farm

Abu Dhabi green energy firm Masdar has acquired a 25% stake in Hywind Scotland, the world's first offshore floating wind farm.

NGC to Setup New Firm in Abu Dhabi

Omani National Gas Company (NGC) has announced the establishment of a new company in Abu Dhabi, in partnership with Professional Partnership Investments under the name of NGC Central Gas System LLC.

ADNOC Launched its 2030 Strategy

Abu Dhabi’s Supreme Petroleum Council has approved a 2030 strategy of Abu Dhabi National Oil Company (ADNOC) which runs for five-year business plan and operational budget.

Abu Dhabi to Expand Solar Plant to 1GW

Abu Dhabi Water and Electricity Company (ADWEC) to expand its Solar PV Independent Power Project at Sweihan after six pre-qualified bidder consortia has submitted proposals. The expected commercial operation date of ...

TAQA’s Profits in Morocco Grew by 5%

TAQA, an Abu Dhabi national energy company, announced that the first-half net profit at its Moroccan unit for 2016 improved as it took advantage of low coal prices.

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