UAE | Egypt Oil & Gas - Part 8

ADNOC Awards Three Contracts Worth $763.7 mm 

The Abu Dhabi National Oil Company (ADNOC) has invested $763.7 million in integrated rigless services across six of its artificial islands to support its production capacity expansion to 5 million barrels per day ...

ADNOC Joins International Hydrogen Council

Abu Dhabi National Oil Company (ADNOC) has announced its enrollment in the Hydrogen Council, an international organization that aims to accelerate the global position of hydrogen through its member companies.

Brooge Energy Signs Agreement for 25,000 b/d Refinery

Brooge Energy announced that its wholly owned subsidiary, Brooge Petroleum and Gas Investment Company (BPGIC) has signed a refinery agreement with an oil trading company for a 25,000 barrels per day (b/d) modular ...

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.

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