UAE Awards Eni 70% of Offshore Block 3
Eni acquired a 70% stake in the exploration offshore block 3 in Abu Dhabi where Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) acquired the remaining 30% stake.
ADNOC | Egypt Oil & Gas - Part 11
ADNOC to Boost In-Country-Value to Support Economic Growth in UAE
Abu Dhabi National Oil Company (ADNOC) announced that it will boost in-country- value (ICV) to the UAE to support post- Covid economic growth through its ICV program.
ADNOC, ExxonMobil Sign Technology R&D Agreement
The Abu Dhabi National Oil Company (ADNOC) has signed with ExxonMobil to jointly explore technology research and development (R&D) opportunities through the upstream oil and gas value chain.
ADNOC Launches AGT for Trading Refined Products
The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15% respe ...
Japan Reaches Joint Storage Deal with KPC
Japan announced that it conducted a joint deal for oil storage with Kuwait Petroleum Corporation (KPC).
ADNOC Awards Contracts Worth $519 MM for 3D Seismic Surveying
The Abu Dhabi National Oil Company (ADNOC) has awarded a contract worth up to $519 million to further expand the scope of the world’s largest combined three-dimensional (3D) onshore and offshore seismic survey, ta ...
BP Pledges Oil, Gas Investments in the Middle East
BP has affirmed it will continue it will invest more money into Iraq’s, Oman’s, and the United Arab Emirates’ (UAE) oil and natural-gas fields despite the company’s transition to renewable energy and tries to lowe ...
ADNOC Announces Discovery of 22 B bbl, Pledges $122 B in Capex
Abu Dhabi National Oil Company (ADNOC) announces the discovery of 22 billion barrels of unconventional oil which is made up of unconventional reserves including shale oil as the company pledges $122 billion in cap ...
ADNOC L&S Acquires Third Ultramax Carrier
Abu Dhabi National Oil Company’s (ADNOC) maritime arm ADNOC Logistics & Services (L&S) has acquired its third Ultramax bulk carrier (Al Karama) after acquiring two Ultramax carriers earlier this year.
ADNOC Awards Onshore Field Contracts Worth $324 MM
The Abu Dhabi National Oil Company (ADNOC) has awarded a spree of onshore field contracts worth $325 million to enhance onshore field operations and enhance efficiencies.
