UAE | Egypt Oil & Gas - Part 8

Fertiglobe, TA’ZIZ Sign Agreement on Ammonia Project in Abu Dhabi

TA’ZIZ and Fertiglobe has signed an agreement to allow Fertiglobe join in developing the world-scale blue ammonia production project at TA’ZIZ in Ruwais, Abu Dhabi.

ADNOC Distribution Records Net Profit of AED 631 million in Q1

ADNOC Distribution company announced that it has achieved net profit worth AED 631 million during Q1 of 2021 including Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of AED 740 million.

ADNOC Starts to Trade Murban Oil as Futures Contracts

The Abu Dhabi National Oil Company (ADNOC) along with the Intercontinental Exchange (ICE) have celebrated the start of trading UAE’s Murban oil as Futers contract on the new ICE Futures Abu Dhabi (IFAD) commoditie ...

Mubadala, Snam Sign MoU to Boost Hydrogen Development in UAE

Mubadala investment Company (Mubadala) announced that it has signed a memorandum of understanding (MoU) with Snam Company, one of the world's leading energy infrastructure operators, to jointly invest and develop ...

ADNOC, PETRONAS Sign Agreement to Collaborate in Abu Dhabi’s Petroleum Sector

The Abu Dhabi National Oil Company (ADNOC) signed a strategic framework agreement with Petroliam Nasional Berhad (PETRONAS) to explore opportunities for collaboration across Abu Dhabi oil and gas sector.

Qatar Sends First Oil Cargo to UAE After Restoring Ties

Qatar has exported first oil cargo to a Persian Gulf neighbor since the United Arab Emirates along with other three Arab countries agreed to restore ties with Doha in January, according to Bloomberg 

ENOC Achieves Cumulative Savings of AED 86.9 mm Through Innovation Program

ENOC Company announced that it has achieved cumulative savings estimated at AED 86.9 million after implementing innovative ideas submitted by the employees through the company’s innovation program.

ADNOC Seeks Partners for Seawater Treatment, Transportation Project

The Abu Dhabi National Oil Company (ADNOC) announced that it seeks a partner to own an equity stake in a special purpose vehicle (SPV) to participate in the development of a large scale seawater treatment and tran ...

ADNOC L&S Acquires Assets of Speedy Hire PLC

ADNOC Logistics & Services Company announced the acquisition of the all the assets of Speedy Hire PLC (Speedy) in UAE in order to expand its handling service.

Kalifa Bin Zayed Restructures ADNOC’s Board of Directors

UAE’s President, Khalifa bin Zayed Al Nahyan, has released a resolution to restructure the board of directors of Abu Dhabi National Company (ADNOC) which is chaired by Mohamed bin Zayed Al Nahyan.

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