UAE | Egypt Oil & Gas - Part 14

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 support post- Covid economic growth in  the UAE through its ICV program, ADNOC said in a statement. ADNOC will push about...

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, according to UAE’s news agency, W...

Cairo Gas Commences Polyethylene Networks Project in Abu Dhabi

Cairo Gas has begun a project to extend the polyethylene networks to​ Etihad Plaza area in Abu Dhabi, according to a statement. Per the statement, Petrojet assigned the project to Cairo Gas in addition to other projec...

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, taking...

BP Pledges Oil, Gas Investments in the Middle East

BP has affirmed it will continue it will invest more money into to leading oil and natural-gas fields in the Middle East despite the company’s transition to renewable energy and tries to lower emissions, according to ...

ADNOC, ADQ Launch JV TA’ZIZ

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

ADNOC to Accelerate Transformation Program

The United Arab Emirates’ (UAE) 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...

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 in 2019, according to WAM. On top of this, it was also revealed that the country’s producti...

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, accor...

ADNOC Awards Onshore Field Contracts Worth $324 MM

The Abu Dhabi National Oil Company (ADNOC) has awarded three onshore field contracts worth $324 million to enhance onshore field operations and enhance efficiencies, according to a press release. Within the three cont...

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