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.
UAE | Egypt Oil & Gas - Part 25
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.
Mubadala to List 25% Cepsa Stake
Abu Dhabi’s investment company Mubadala plans to list 25% of Spanish oil company Cepsa, of which it owns 82.5%, in an initial public offering (IPO).
Mubadala, Gazprom Neft, RDIF Create JV for Siberia Oilfield Development
Mubadala Petroleum, Gazprom Neft, and the Russian Direct Investment Fund (RDIF) have agreed to set up a joint venture (JV) to develop oilfields in Siberia.
UAE Oil Output to Rise to 3M b/d
The UAE is raising its crude production to almost 3 million barrels per day (b/d) by increasing output from its offshore Umm Lulu oilfield.
UAE’s Brooge Petroleum Targets 2018 London IPO
Emirati Brooge Petroleum and Gas Investment Co (BPGIC) plans to raise $400 million in capital in an initial public offering (IPO) on the London exchange before the end of 2018.
Kuwait’s Crude Shipments to Japan Down 5.3% in July
Kuwaiti crude oil exports to Japan fell 5.3% in July year-on-year (YOY) to 216,000 barrels per day (b/d), the third consecutive monthly decrease.
