UAE | Egypt Oil & Gas - Part 17

ADNOC Wins “New Silk Road CEO of the Year Award”

The United Arab of Emirates (UAE) Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) has won “New Silk Road CEO of the Year Award” for supporting the continuous supply of energy across the con ...

ADNOC Seeks Bond Issue

Abu Dhabi National Oil Co (ADNOC) is studying the possibility of a bond issue amid low interest rates.

ADNOC Offshore, Weatherford Ink $220 MM Deal

Weatherford International announced that it has signed a $220 million contract with ADNOC Offshore, a subsidiary of the Abu Dhabi National Oil Company (ADNOC).

ADNOC Drills Umm Lulu’s First Offshore Well

ADNOC Drilling has completed the first integrated drilling services well in the Umm Lulu offshore oilfield in Abu Dhabi.

UAE’s Al-Gharbia Pipe Begins Production

Al Gharbia Pipe Company has begun commercial production of large diameter sour grade steel pipes for uses in the construction and energy industries.

Seven Countries Support Libya’s NOC

Seven countries have voiced their official support for the Libyan National Oil Corporation (NOC) in a joint statement.

Dubai to Cut Energy Demand 30% by 2030

Dubai aims at reducing its electricity demand by 30% by 2030, according to the Emirate’s Supreme Council of Energy (SCE).

Dana Gas Repurchases 3.6 MM Shares

Dana Gas has bought back around 3.6 million of the company’s shares on September 22, at an average price of about AED 0.95 per share.

SNC-Lavalin Awarded $39.2 MM Contract by Al Yasat Petroleum

SNC-Lavalin announced that it has been awarded three-year general engineering, project management, and technical support services contract by Al Yasat Petroleum.

SENER to Build BPGIC’s New Refinery in Fujairah

Brooge Petroleum and Gas Investment Company (BPGIC) has awarded SENER, a Spain-based engineering and technology group, a contract to build a new oil refinery in Fujairah.

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