UAE | Egypt Oil & Gas - Part 19

ADNOC Signs Cooperation Deal with PT Pertamina

The Abu Dhabi National Oil Company (ADNOC) and PT Pertamina have signed an agreement to cooperate in oil and gas projects in the UAE and Indonesia.

ADNOC, CNOOC Sign Agreement During UAE-China Economic Forum

Abu Dhabi National Oil Company (ADNOC) and China National Offshore Oil Corporation (CNOOC) have signed an agreement for collaboration in liquefied natural gas (LNG), as well as upstream and downstream sectors.

ADNOC Plans New Regional Oil Benchmark

The Abu Dhabi National Oil Company (ADNOC) is planning an overhaul for its trading operations through the launch of a regional oil benchmark similar to Brent and WTI.

Mubadala Signs Farmout Agreement in Indonesia

Abu Dhabi Mubadala Petroleum has signed a farmout agreement with Premier Oil for a 20% participating interest in the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs) in Indonesia.

Saudi Arabia to Build Solar Panel Factory

The Saudi Industrial Development Fund (SIDF) has signed an agreement with Masdar for the construction of a solar panels factory that will be the largest in the Arab world.

ADNOC Hires Advisors for Pipeline Lease Deal

The Abu Dhabi National Oil Company (ADNOC) has hired Bank of America Merrill Lynch and Mizuho Financial Group to manage the lease of its natural gas pipeline assets.

Maridive Sells $37 MM Stake to Najjad Zeenni

Zeeni who is Chairman, CEO and a 25%-Shareholder in Maridive’s subsidiary Valentine will acquire 60 million shares in Maridive. Meanwhile, Valentine would become 100% owned by the parent company, instead of being ...

Abu Dhabi Launches Instant Licensing Services

The Abu Dhabi Department of Energy (DoE) in cooperation with the Abu Dhabi Digital Authority (ADDA) has launched its new instant licensing services through the Abu Dhabi Government Services System (TAMM).

China’s CSCEC Seeks Expansion in Gulf Markets

The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.

Weir Oil & Gas Awarded New Contract in UAE

Weir Oil & Gas Dubai has signed a contract for rotating equipment rehabilitation services with a major UAE-based oil and gas operator.

Page 19 of 55

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