UAE | Egypt Oil & Gas - Part 21

GIC Joins ADNOC Oil Pipelines Investors List

Abu Dhabi National Oil Company (ADNOC) has reportedly closed a $600-million pipeline infrastructure investment agreement with GIC, Zawya reported. The deal with the Singaporean sovereign wealth fund raises investments...

Grandweld Completes Delivery of 10 boats to KOC

Grandweld Shipyards has successfully completed the construction and delivery of 10 boats to Kuwait Oil Company (KOC), a subsidiary of the Kuwait Petroleum Corporation (KPC), according to Zawya. The UAE-based company, ...

ENOC to Supply Lubricants to Greece’s IMS Oil

Emirates National Oil Company (ENOC Group) will supply lubricants for up to 16 product tankers at Greece’s IMS Oil’s Fujairah and Singapore ports, according to Reuters. This comes in line with a memorandum of understa...

ADNOC Launches Tenders for Hail, Ghasha Fields

Abu Dhabi National Oil Company (ADNOC) has asked interested and qualified companies to bid for a $10 billion acid development project in the Hail and Ghasha fields, the largest energy project in the UAE, according to ...

ADNOC Distribution Shares Certified Shariah-Compliant

The shares of ADNOC Distribution, the UAE’s largest fuel and convenience retailer listed on the Abu Dhabi Securities Exchange (ADX) are now certified as shariah-compliant for the purpose of investment and tradin...

TAQA Sets New Production Record in Atrush Field

The Abu Dhabi National Energy Company (TAQA) announced that its Iraq-based unit has set a production record from the Atrush oilfield in the Northern Kurdistan Region of Iraq (KRI), Reuters reported. “For the first tim...

ADNOC Announces Awarding $3.6 B Contracts

The Abu Dhabi National Oil Company (ADNOC) has awarded three contracts for the procurement of casing and tubing, with a combined scope of AED 13.2 billion ($3.6 billion), according to a company statement. The contract...

ADNOC Acquires 10% Stake In VTTI

Abu Dhabi National Oil Company (ADNOC) announced that it has acquired a 10% stake in VTTI, a global energy storage terminal owner and operator, as part of its transformation vision to become a more integrated global e...

ENOC Launches NEXT Accelerator Program

Emirates National Oil Company (ENOC) announced that it has launched “NEXT”, which is an accelerator program designed to unlock growth opportunities and tackle challenges in the energy sector through buildi...

ADNOC Distribution to Enter India’s Lubricants Market

ADNOC Distribution, the UAE’s largest fuel retailer, will move forward with its plans to enter the Indian lubricants market during Q3 2019 as it seeks higher sales volumes, The National reported. “We might have ...

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