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 | Egypt Oil & Gas - Part 24
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.
ENOC Signs Cooperation Agreement with Maltese Company
Emirates National Oil Company (ENOC) group has signed a memorandum of understanding (MoU) with Maltese state-owned Enemed to strengthen cooperation between the two companies.
OMV Begins Offshore UAE Oil Production
Austrian OMV has started oil production from the SARB and Umm Lulu fields off the coast of Abu Dhabi, and expects to produce 25,800 barrels per day (b/d) before the end of 2018.
ADNOC LNG Signs $860M EPC Contract with Tecnicas Reunidas
ADNOC LNG has signed an engineering, procurement, and construction (EPC) contract worth $860 million with Spain's Tecnicas Reunidas and Abu Dhabi’s Target Engineering Construction Company.
ENOC Stockpiles Jet Fuel Ahead of Iran Sanction Deadline
Emirates National Oil Company (ENOC) has reportedly chartered at least one vessel to store jet fuel as a measure to ensure supply to airlines in Dubai ahead of the US sanctions on Iranian energy trade, set to take ...
ADNOC’s Ruwais Refinery Reaches Full Propylene Production
Production of polymer-grade propylene at Abu Dhabi National Oil Company's (ADNOC) newly-commissioned Propane Dehydrogenation (PDH) unit at the Ruwais refinery complex has reached full capacity.
