ADNOC to Contribute to Mangalore Oil Reserves in November
The Abu Dhabi National Oil Company is planning to fill up storage tanks contracted from the Indian government in the first week of November.
UAE | Egypt Oil & Gas - Part 24
UAE’s Fujairah Oil Stocks Up 5.8% on Week
Oil stocks in the Fujairah emirate increased 5.8% week-on-week to 21.612 million barrels on October 22.
ENOC, Bangladesh Agree Feasibility Study for LPG Terminal
The Emirates National Oil Company (ENOC) and the Bangladesh Petroleum Company have signed a deal to conduct a feasibility study on a liquefied petroleum gas (LPG) terminal in the country.
OPEC to No Longer Release Specific Oil Prices to Avoid US Legal Risk: Reuters
OPEC has advised its members to not mention oil prices when discussing policy in order to avoid US legal action over manipulating the market, sources close to OPEC said.
Mubadala Shelves Cespa IPO Plans
Abu Dhabi's state-owned Mubadala Investment Company has halted plans to list 25% of Spanish oil company Cepsa after investors were not convinced by its valuation.
Waha Capital Buys Minority Stake in Petronash
Abu Dhabi investment company Waha Capital has bought a minority stake in Dubai-based oilfield services and manufacturing company Petronash Holdings worth $88 million.
UAE’s Dragon Oil Looking to Spend $500M in Acquisitions in 2019
The upstream investment arm of Dubai state-owned ENOC, Dragon Oil, plans to invest $500 million in oil and gas assets next year, chief executive Ali Rashid al-Jarwan said.
ADNOC Sour Gas to Construct Sulfur Pipeline
A subsidiary of the Abu Dhabi National Oil Company, ADNOC Sour Gas announced that the construction of a new sulfur pipeline is on track.
ADNOC Builds Crude Storage Facility in Fujairah Mountains
Abu Dhabi National Oil Company (ADNOC) is constructing a crude oil storage facility under the Fujairah mountains in the UAE.
Baker Hughes Acquired 5% Stake in ANDOC Drilling for $550 million
Baker Hughes General Electric (BHGE), the world's second-largest services company, has purchased a 5% interest in the Abu Dhabi National Oil Company’s (ANDOC) drilling unit.
