Iran Calls for OPEC to Address Libyan, Nigerian Production
The Iranian Minister of Petroleum, Bigan Zangeneh, singled out Libya and Nigeria in comments to the press yesterday, calling for changes in OPEC policy towards the two countries.
UAE | Egypt Oil & Gas - Part 33
Saudi Arabia, UAE Signal Willingness to Extend Production Cuts
The oil ministers of Saudi Arabia and the UAE indicated that their countries were willing to consider an extension of the production-cut agreement between OPEC and major, non-OPEC oil producers.
ADNOC Ponders 10% Listing of Fuel Retail Business
Abu Dhabi National Oil Company (ADNOC) is considering a public listing of more than 10% of ADNOC Distribution.
ADNOC to Cut October Crude Production by 10%
Abu Dhabi National Oil Company (ADNOC) will cut its crude oil output in October by 10%.
KBR Wins Abu Dhabi Project Management Contract
KBR will provide project management services for the Front End Engineering Design (FEED) phase of Abu Dhabi's Hail & Ghasha Development project.
Iraq, UAE, Kazakhstan Recommit to Oil Cut Deal
Iraq, the UAE, and Kazakhstan, reiterated their support for January's production-cut agreement between OPEC and other major oil producers.
US Oil Prices Sink Below $50
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.
UAE Looks to Boost Oil Production
Abu Dhabi National Oil Company (ADNOC) is in talks with potential partners for an offshore concession area that is currently operated by Abu Dhabi Maine Operating Company (ADMA-OPCO).
Sapiem to Establish New Base in UAE
Sapiem signed an agreement with the Director of the Hamriyah Free Zone Authority (HFZA), Saud Salem Al Mazrouei, and Sharjah Airport Free Zone Authority to establish a major base in the UAE.
