UAE | Egypt Oil & Gas - Part 10

Fujairah Adds Fourth Refinery in 2021

The Fujairah Port will get a fourth refinery in 2021 as Brooge Energy expects its 25,000 barrels per day (bbl/d) refinery producing low sulfur fuel oil to be launched in H2 2021.

ADNOC Drilling Procures Shelf Jack-up for $77.6 MM

Shelf Drilling signed an agreement with Abu Dhabi National Oil Company’s (ADNOC) subsidiary,  ADNOC Drilling, to sell the Shelf Drilling Journey jack-up drilling rig for $77.6 million.

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 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.

Fujairah Oil Stockpiles Records Highest Level Since August  

The latest data issued by Fujairah Oil Industry Zone, showed that Fujairah port oil stocks recorded the highest level since August after increasing by 6.7% in the week to December 14

Cairo Gas Commences Polyethylene Networks Project in Abu Dhabi

Cairo Gas began on a project to extend the polyethylene networks to​ Etihad Plaza in Abu Dhabi, according to a statement.

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, ADQ Launch JV TA’ZIZ

The Abu Dhabi National Oil Company (ADNOC) and ADQ, one of the region’s largest holding companies, have announced TA’ZIZ as the name of the new joint venture (JV) established by both companies.

ADNOC to Accelerate Transformation Program

The United Arab Emirates’ largest oil company, Abu Dhabi National Oil Company (ADNOC), announced at the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC) that it will accelerate its transformation p ...

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