UAE | Egypt Oil & Gas - Part 33
Dana Gas to Restructure Sukuk
Dana Gas Company has proposed a restructuring to holders of its $700m of Sukuk.
Oil Jumps as Arab Countries Cut Ties with Qatar
Oil jumps 1.5% as Egypt, Saudi Arabia, Bahrain and the United Arab Emirates effectively create a land and air blockade of Qatar.
UAE’s Enoc Pays Iran $4b in Oil Dues
Iran has said it had received more than $4b from Emirates National Oil Company (Enoc), as part of the UAE retailer's settlement of its debts.
Proserv Wins $11m Worth Contracts in the Middle East
Energy services company Proserv has been awarded contracts worth a combined value of more than $11m in the Middle East.
GulfNav Allied with Mena Energy for Management of Oil Tankers
Dubai-based GulfNav has entered into a strategic alliance with compatriot energy trading firm Mena Energy.
Adnoc to Decrease Oil Sales by 10% in June
In line with the UAE's plan to follow OPEC’s agreement to reduce production, the state-owned Abu Dhabi National Oil Co. (Adnoc) s is cutting back supplies to customers in June.
DeepOcean Awarded Contract Offshore UAE
The services provider was awarded a contract for the provision of post-lay trenching and backfilling works on 56km of power cable.
OPEC, UAE to Launch Oil and Gas Big Data Project
The Organization of Petroleum Exporting Countries (OPEC) and the United Arab Emirates’ (UAE) Ministry of Energy will launch late April the first phase of a new global oil and gas database project.
