UAE | Egypt Oil & Gas - Part 26
UAE to Continue Diversifying Energy Mix
The United Arab Emirates (UAE) considers 2019 an important step towards diversifying its energy mix, said UAE energy minister Suhail Al Mazrouei, according to Reuters. The country is preparing for fuel load of unit 1 ...
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, Reuters reported. Al-Mazrouei based his viewpoint on the decision of extending oil produ...
China’s ZhenHua Acquires 4% Stake in ADNOC Onshore Concession
China’s ZhenHua Oil Company, through its subsidiary North Petroleum International Company, acquired a 4% stake at the onshore concession in the Rub’ al Khali Basi, which is owned by the Abu Dhabi National Oil Co...
ENOC to Establish 45 Service Stations in Saudi Arabia
The Emirates National Oil Company (ENOC) plans to establish 45 service stations in Saudi Arabia over the next five years, Pipeline Oil & Gas Magazine reported. Establishing the 45 service stations will ease the in...
MMEC Mannesmann Opens Regional Headquaters in Abu Dhabi
The global engineering, procurement and construction (EPC) company, MMEC Mannesmann GmbH (MMEC), has launched its regional headquarters in Abu Dhabi to meet the high demand of oil and gas, chemicals, metals and mining...
ADNOC to Invest $1.4B in Bu Hasa Field
ADNOC announced on November 14 that is plans to invest $1.4 billion to upgrade and expand its onshore Bu Hasa field, Reuters reported. The upgrades will increase crude oil production capacity to 650,000 barrels per da...
ADNOC Sign Gas Framework Agreement with Uzbekneftegaz
ADNOC has signed a framework agreement with Uzbekistani joint stock company gas Uzbekneftegaz to provide upstream and downstream strategic advice, ADNOC announced in a press release on November 13. ADNOC executive off...
El Molla Meets with Energy Ministers
Egyptian Petroleum Minister, Tarek El Molla, met with Saudi Energy Minister, Khalid Al-Falih, to discuss global petroleum market updates, Egypt Oil & Gas reports. The meeting was held on the sidelines of the Abu D...
