ADNOC, Total Sign $1.45 B Agreement
Total now holds 20% of the Umm Shaif and Nasr concession and 5% of the Lower Zakum concession, together worth an approximate $1.45 billion.
UAE | Egypt Oil & Gas - Part 28
ADNOC Grants Eni Stakes in UAE Offshore Fields
The Abu Dhabi National Oil Company has granted Eni two stakes in the UAE’s offshore concession areas in a $875 million, 40-year deal.
Adnoc Offers Blocks for Bidding, Moves Toward Downstream
Abu Dhabi National Oil Company (ADNOC) will offer new oil and gas blocks for bidding to help the country hit new untapped resources, announced ADNOC CEO, Sultan al-Jaber, during CERAWeek in Houston, US.
ADNOC Awards Oil Field Stakes to Inpex
Abu Dhabi National Oil Company (ADNOC) has awarded Japan’s Inpex 10% stakes in its Lower Zakum oil field for $600 million, offshore UAE.
ADNOC Grants Part of Offshore Concessions to CEPSA
Abu Dhabi National Oil Company (ADNOC) has granted part of its offshore concessions to Cia Espanola de Petroleos SA (CEPSA) for $1.5 billion.
UAE Committed to Oil OPEC Cut Deal
UAE intends to continue following the efforts of Saudi Arabia, which are aimed to stabilize the oil markets, said Suhail Al Mazrouei, UAE's Minister of Energy and Industry.
ADNOC Awards Two Offshore Gas Contracts
The Abu Dhabi National Oil Company (ADNOC) awarded two Front End Engineering Design (FEED) contracts for its offshore mega natural gas planned project, located in the Hail, Ghasha, and Dalma fields in the United A ...
ADNOC Raises $851M in 10% IPO of Distribution Unit
Abu Dhabi National Oil Company (ADNOC) offered 1.25 billion shares in ADNOC Distribution on the Abu Dhabi Securities Exchange for the price of 2.5 AED today.
ADNOC Considers New Pricing Mechanism
The Abu Dhabi National Oil Company (ADNOC) is considering changes to its pricing mechanism.
Plans for Exiting Production-Cut Agreement to be Announced in June
OPEC and its oil-producing allies will announce in June their plans for exiting the production-cut agreement.
