UAE | Egypt Oil & Gas

Oil Tanker Crosses Strait of Hormuz Amid Ongoing Regional Disruptions

An oil tanker has navigated the Strait of Hormuz on route to the United Arab Emirates (UAE) to lift crude oil, marking one of the few voyages through the strategic waterway since regional hostilities disrupted shi ...

ADNOC Says Operations Remain Steady Amid Regional Tensions

The Abu Dhabi National Oil Company (ADNOC) affirmed that its oil and gas operations remain fully operational, despite escalating regional tensions following reported US and Israeli strikes on Iran, heightening con ...

ADNOC Distribution’s Net Profit Increases 15.4% in 2025

ADNOC Distribution, the UAE’s largest fuel and convenience retailer, reported a record net profit of $761 million for 2025, marking a 15.4% year-on-year (YoY) increase that exceeded analyst expectations. The perfo ...

Carlyle Explores UAE Partnerships for $20 Bn Acquisition of Lukoil’s Global Assets

Carlyle, the US private equity firm, has entered exploratory discussions with investors in the UAE about potentially bringing in partners if it moves ahead with its planned acquisition of Russian oil producer Luko ...

ADNOC Gas Signs $3 Bn Deal with HPCL for 10-Year Gas Supply

ADNOC Gas plc and its subsidiaries have signed a sales and purchase agreement with Hindustan Petroleum Corporation Limited (HPCL), valued between $2.5 and $3 billion over a ten-year period. ADNOC Gas has converted ...

ADNOC Distribution Launches World’s 6th Largest Superfast EV Hub

ADNOC Distribution, the UAE’s leading mobility and convenience retailer, kicked off one of the world’s largest superfast electric vehicle (EV) charging hubs, outlined plans to equip the nation's highway network wi ...

Maridive Secures Contract in UAE, Sees its Consolidated profits doubling in 9M 2025

Maridive & Oil Services has signed a three-year contract to provide exploration, maintenance, and production support services in the UAE. The contract, finalized by Maridive Offshore Projects, a subsidiary of the ...

UAE President Approves ADNOC’s $150bn Five-Year Investment Plan

His Highness Sheikh Mohamed bin Zayed Al Nahyan, United Arab Emirates (UAE) President,  chaired the annual meeting of the Abu Dhabi National Oil Company (ADNOC) Board of Directors at the Habshan complex. During th ...

Badawi and UAE Ambassador Advance Oil, Natural Gas Cooperation

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Hamad Obaid Al Zaabi,  the United Arab Emirates' (UAE) Ambassador to Egypt, to discuss strengthening cooperation and strategic partnerships in th ...

Maridive Sets Up Fully Owned Marine Services Firm in UAE

The Ordinary General Assembly of Maridive Oil Services has approved the formation of an AED 1 million wholly owned limited liability company in the UAE. The new company will provide a wide range of marine-related ...

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