Abu Dhabi | Egypt Oil & Gas - Part 8
UAE Opened VLCC Jetty in Fujairah
The United Arab Emirates (UAE) has opened a very large crude carrier (VLCC) jetty in Fujairah on the east coast, lying along the Gulf of Oman. The project’s total cost was about $177m, according Gulf News. The p...
Abu Dhabi to Build 350MW Solar Power Facility
Abu Dhabi has received six bids to build a 350MW solar power plant in Sweihan , east of Abu Dhabi in the United Arab Emirates (UAE). The proposed plant will generate 7% of its power from green methods by 2020, reporte...
Abu Dhabi’s ADNOC Cuts 5,000 Jobs
Abu Dhabi’s state-owned National Oil Co, ADNOC, plans to cut 5,000 jobs by the end of the year, and 2,000 of the lay-offs have already been carried out, Reuters reported. ADNOC, which has roughly 55,000 staff, i...
Abu Dhabi’s Taqa Posts Q1 Loss Hurt by Low Oil Prices
Abu Dhabi National Energy (TAQA), the state-owned oil explorer and power supplier, reported a first-quarter net loss hurt by low oil prices. The company, majority-owned by Abu Dhabi’s government, reduced its fir...
UAE’s and Chinese Firms Launch Oil Services Joint Venture
UAE-based Al Falahi Group has signed an agreement with Chinese Eastern Dragon Co., a global leader in oil field services, to launch a joint venture worth $8m in the UAE, reported Gulf Digital News. The joint venture w...
ADNIC Renews Regional Insurance Services to Schlumberger
Abu Dhabi National Insurance Company (ADNIC) has renewed its Memorandum of Understanding (MoU) with Schlumberger Group to continue providing insurance and reinsurance coverage for the company’s regional oil and ...
GMS to Set up Zayed Port Facility for Offshore Oil&Gas Services
Abu Dhabi-based Gulf Marine Services (GMS), the largest operator of self-propelled self-elevating support vessels (SESVs) will set up a state-of-the-art facility at Zayed Port in Abu Dhabi, UAE, to construct and maint...
Ducab Hired for Offshore Abu Dhabi Project
Ducab, a leading manufacturer of high-quality cables and cabling products for the oil and gas sector, has partnered with Jopetwil Industrial Company, a subsidiary of UAE-based Control Contracting and Trading Company (...
