UAE | Egypt Oil & Gas - Part 22

ADNOC Sends First Shipment to China

The 10,500 tons-shipment of calcined coke is to be delivered by the end of April.

Eni Inks Agreement with RAK GAS for Block A

Eni will be the operator with 90% interest and RAK GAS will be a partner with a 10% stake.

Gazprom Sees OPEC-Led Deal Ending in H1 2019

Gazprom Neft now assumes the deal will be effective until the middle of the year.

UAE to Aid Libya Reopening Sharara Oilfield

The UAE will host Libyan meeting to discuss the reopening issue of el Sharara oilfield.

UAE to Reduce Fuel Prices in February 2019

The UAE fuel price committee announced on January 30 reduced fuel retail prices in February 2019, which is the forth consecutive decline.

Saudi Arabia to Extend Gas Network with UAE, Oman

Saudi Arabia plans to expand the regional gas network especially after the increase in the Kingdom’s estimates of energy reserves.

UAE’s Sharjah Awards Eni Onshore Exploration Concession

During the 2018 exploration bid round ceremony, Eni was awarded areas A, B & C onshore Exploration Concession Agreements from UAE’s Sharjah National Oil Corporation (SNOC).

UAE to Continue Diversifying Energy Mix

The country is preparing for fuel load of unit 1 of Barakah Nuclear Energy Plant, which is scheduled to take place between the end of 2019 and early 2020.

Energy Market to Achieve Balance: UAE Energy Minister

Suhail Al-Mazrouei, UAE Energy Minister, said on January 1 that he is optimistic about achieving market balance during Q1, 2019.

China’s ZhenHua Acquires 4% Stake in ADNOC Onshore Concession

China's ZhenHua Oil Company, through its subsidiary North Petroleum International Company, acquires 4% stakes at the onshore concession in the Rub’ al Khali Basi, which is owned by Abu Dhabi National Oil Company's ...

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