UAE | Egypt Oil & Gas - Part 16

Crescent Petroleum to Reduce Gas Flaring

Crescent Petroleum is seeking to further reduce its already low levels of gas flaring from operations. The company’s strategy is based on implementing plans to eliminate the use of all single-use plastics.

ADNOC Signs Three Deals with Indonesian Companies

The Abu Dhabi National Oil Company (ADNOC) signed three deals with Indonesia’s Pertamina and Chandra Asri.

ADNOC’s Ruwais to Undergo Maintenance in 2020

The Abu Dhabi National Oil Company (ADNOC) announced in a statement that its Ruwais facility in Abu Dhabi will undergo maintenance in 2020.

ADNOC, RIL to Explore in Ruwais

The Abu Dhabi National Oil Company (ADNOC) inked an agreement with India’s Reliance Industries Limited (RIL) for the development of an ethylene dichloride (EDC) facility in Ruwais, Abu Dhabi.

Aramco, ADNOC to Build Indian Refinery Worth $70 B

The refinery is estimated to produce 1.2 million barrels per day (b/d) on the coast of the western state of Maharashtra at Roha in the Raigad district, about 100 kilometers (60 miles) south of Mumbai.

ExxonMobil Invests $6.5 B in UAE’s Upper Zakum

President and UAE Lead Country Manager of Exxon (Al-Khalij) Inc. Christian G. Lenoble announced that ExxonMobil has invested around $6.5 billion in Upper Zakum oilfield since its involvement in the offshore field ...

Update: Eni Might Consider Dana Gas’s Egyptian Portfolio

Eni is not entirely ruling out a possible interest in the Egyptian assets of Dana Gas, unlike what earlier statements had reported, Eni’s CEO Claudio Descalzi said.

Eni Denies Eyeing Dana Gas’s Egyptian Assets

Italian energy company Eni is not interested in Dana Gas's assets in Egypt, CEO Claudio Descalzi told Bloomberg in an interview.

UAE Commits to OPEC Oil Production Cut Agreement

The United Arab Emirates (UAE) is committed to the full implementation of the oil production cut agreement with the Organization of the Petroleum Exporting Countries (OPEC).

ADNOC’s Net Profit Goes up 2.3% in 9 Months

ADNOC Distribution, the UAE’s largest fuel and convenience retailer, reported an increase of 2.3% year-on-year (YoY) in net profit during the first nine months of 2019, to stand at AED 1.72 billion.

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