UAE | Egypt Oil & Gas - Part 7
ADNOC, Occidental Sign SCA to Explore Investment Opportunities in CCS
ADNOC and Occidental announced that they have inked a strategic collaboration agreement (SCA) to evaluate potential investment opportunities in carbon dioxide (CO2) capture and storage (CCS) hubs in the UAE and US, l...
Mubadala Energy, Masdar Enter an Agreement for Energy Transition
Mubadala Energy and the Abu Dhabi Future Energy Company (Masdar) have signed an agreement to explore cooperation opportunities relating to decarbonization and energy transition initiatives, the company said in a state...
IOC Signs Long-Term Agreement with ADNOC LNG, TotalEnergies for LNG Supply
Indian Oil Corporation (IOC) has signed two long-term agreements with Abu Dhabi Gas Liquefaction (ADNOC LNG) and TotalEnergies for liquefied natural gas (LNG) supply, Reuters reported. The signature came during Prime ...
Petrofac Wins the Goal Seal for Achieving Sustainable Impact in UAE
Petrofac has been awarded the Gold Impact Seal for achieving sustainability strategy in the UAE, the company said in a statement. The Impact Seal is the country’s official federal recognition that certifies, measures ...
Al Mazrouei: UAE to Invest AED 150-200B by 2030 in Securing Energy Demand
The UAE’s Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei, announced that his county will invest between AED 150-200 billion by 2030 to meet energy demand while sustaining economic growth in the ...
Dana Gas Increases Foreign Ownership Limit to 100%
Dana Gas, the Middle East’s largest regional private sector natural gas company, has received regulatory approval to increase foreign ownership in the company’s shares, in line with the UAE’s new Commercial Companies ...
UAE’s ADNOC, Taqa and Mubadala Become Shareholders in Masdar
Abu Dhabi’s National Oil Company (ADNOC), Taqa and Abu Dhabi sovereign wealth fund Mubadala Investment Company announced on Wednesday they would all become shareholders in Masdar, the Emirate’s flagship cl...
Egypt, UAE Sign MoU for Major Onshore Wind Project Development at COP27
Egyptian President Abdelfattah El Sisi and UAE President Sheikh Mohammed bin Zayed Al Nahyan witnessed the signature of a memorandum of understanding (MoU) to develop an ambitious 10 gigawatt (GW) onshore wind project...
