UAE | Egypt Oil & Gas - Part 11

UAE Crude Reserves Record 97.8 B bbl

The United Arab Emirates (UAE) has announced that the country’s crude oil reserves stood at 97.8 billion barrels of oil (bbbl) in 2019.

ADIPEC 2020 to be Held Virtually on November 9

Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), the World’s Largest Gathering of Oil and Gas Industry Players, is set to hold its next series of conferences virtually starting November 9.

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.

UAE, Algeria Committed to OPEC+ Deal

The United Arab Emirates (UAE) has reaffirmed its commitment to the Organization of Petroleum Countries and its allies (OPEC+) output deal despite rising domestic needs.

ADNOC L&S Signs Agreement to Service Petroleum Ports

ADNOC Logistics and Services (ADNOC L&S), a shipping and maritime subsidiary of the Abu Dhabi National Oil Company (ADNOC), has signed a 25-year agreement to provide critical marine services across all petroleum p ...

ADNOC Distribution Opens 3 New Service Stations

ADNOC Distribution, the UAE’s leading fuel and convenience retailer, has opened three new service stations in Dubai at Jafaliya, Nad Al Sheba, and Studio City.

Global Oil Supply Rises to 90 mmbbl/d After Termination of Voluntary Cuts 

The International Energy Agency's (IEA) monthly report has found that global oil supply has increased by 2.5 million barrels of oil per day (mmbbl/d) to 90 mmbbl/d after the cessation of voluntary cuts by Saudi Ar ...

ADNOC Completes $1 B Institutional Placement for Distribution Business

Abu Dhabi National Oil Company (ADNOC) has announced the successful completion of a placement to institutional investors of 1.25 billion shares in ADNOC Distribution amounting to 10% of ADNOC Distribution’s total ...

Novatek Ships First LNG Cargo to UAE

Novatek, Russia’s largest independent oil and gas producer, has confirmed the arrival of the company’s first liquified natural gas (LNG) cargo to the United Arab Emirates (UAE).

Weir Signs Strategic Contract in UAE

Weir Oil & Gas Dubai has signed a three-year agreement for servicing and repairing pumps and motors with a United Arab Emirates (UAE) company.

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