Maridive Sells $37 MM Stake to Najjad Zeenni

• Monday, 15th July 2019
• by Mai El Ghandour

Maridive board of directors have agreed to sell a $37 million stake to UAE-based investor, Najjad Zeeni, who will be owning a 12.8% of the company, Egypt Oil & Gas reports. Zeenni who is Chairman, CEO and a 25%-Sh...

Abu Dhabi Launches Instant Licensing Services

• Monday, 15th July 2019
• by Editorial Team

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), Emirates New...

China’s CSCEC Seeks Expansion in Gulf Markets

• Sunday, 14th July 2019
• by Editorial Team

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

Weir Oil & Gas Awarded New Contract in UAE

• Thursday, 11th July 2019
• by Editorial Team

Weir Oil & Gas Dubai has signed a contract for rotating equipment rehabilitation services with a major UAE-based oil and gas operator, Pipeline Oil and Gas reported. The deal involves enhancing reliability and rep...

UAE, Russia in Talks Over LNG Projects

• Thursday, 11th July 2019
• by Editorial Team

UAE Minister of State and CEO of Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber has discussed with the Russian Minister of Energy Alexander Novak cooperation in liquefied natural gas (LNG) projects, Reu...

UAE Trains First Batch of Nuclear Reactor Operators

• Tuesday, 9th July 2019
• by Editorial Team

The UAE’s Federal Authority for Nuclear Regulation (FANR) has certified the first group of 15 UAE National Senior Reactor Operators (SROs) and Reactor Operators (ROs) at Nawah Energy Company, Emirates News Agency (WAM...

Dana Gas Repurchases 368,250 Shares

• Monday, 8th July 2019
• by Editorial Team

Dana Gas has purchased 368,250 shares as part of the buy-back program for around $95,140, according to a company statement to the Abu Dhabi Securities Exchange (ADX). It is worth noting that the buy-back program, in w...

Indonesia Targets $5 B UAE Investments

• Monday, 8th July 2019
• by Editorial Team

Indonesia aims to attract more than $5 billion of investments in the oil and gas sector from the UAE and the Middle East, Antara News Agency reported. The UAE government is interested in investing in Indonesia, engagi...

ADNOC Drilling Awards Zentech 3-Year Contract

• Thursday, 4th July 2019
• by Editorial Team

ADNOC Drilling has chosen Zentech on an exclusive basis to provide comprehensive engineering support for all its offshore and onshore drilling rigs, according to Trade Arabia. The contract follows ADNOC Drilling’s use...

Al Dhafra Petroleum Produces First Crude From Haliba Field

• Wednesday, 3rd July 2019
• by Editorial Team

Al Dhafra Petroleum, a joint venture between the Abu Dhabi National Oil Company’s (ADNOC), the Korea National Oil Company (KNOC), and GS Energy announced it has begun producing crude oil from Abu Dhabi’s Haliba field,...