UAE | Egypt Oil & Gas - Part 12

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.

Brooge Energy Subsidiary Contemplating New Senior Secured Bond Issue

Brooge Energy Limited, a midstream oil storage and Service provider in the United Arab Emirates (UAE), has announced its intention to invest up to $325 million in the Nordic bond market.

Hamriyah Free Zone Signs Agreement to Launch Multi-functional Facility

The Director of Hamriyah Free Zone, Saud Salim Al Mazrouei, inked an agreement with Orient Source Hong Kong Group, International Commodity Trader and Project Investor to inaugurate the multi-functional offshore an ...

Egypt Gas Receives Three HSEQ ISO Certificates in UAE

Egypt Gas’s United Arab Emirates (UAE) branch has received three ISO certificates on health, safety, environment, and quality (HSEQ).

Six Arab Countries Reassert Compliance to OPEC+ Deal

The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain reconfirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets.

ADNOC Transfers Concession Rights to CNOOC from CNPC

The Abu Dhabi National Oil Company (ADNOC) has agreed to transfer the rights of Lower Zakum, Umm Shaif, and Nasr offshore from the China National Petroleum Corporation (CNPC) to China National Offshore Oil Corpora ...

APICORP Expects $792 B MEANA Energy Investments in Coming Five Years

Arab Petroleum Investment Corporation (APICORP) have pledged $792 billion for planned energy investments for the time period 2020-2024.

Page 12 of 55

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password