UAE | Egypt Oil & Gas - Part 8

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...

ADNOC to Pump More Investments into Egypt’s Petroleum Sector

On the sidelines of his participation in the Abu Dhabi International Petroleum Conference and Exhibition (ADIPEC 2022), Minister of Petroleum and Mineral Resources Tarek El Molla held talks with Sultan Al Jaber, Minis...

ADNOC Drilling Wins $1 Billion Contract to Unlock Offshore Energy Resources in UAE

Abu Dhabi National Oil Company (ADNOC) awarded $980 million contract to ADNOC Drilling to hire two jack-up offshore rigs and associated manpower and equipment. The contract will assist ADNOC in increasing its producti...

Egypt, UAE Discuss New Investment Opportunities

Prime Minister Mostafa Madbouly held a meeting at the Cabinet headquarters with Sultan Al Jaber, UAE’s Minister of Industry and Advanced Technology and CEO of ADNOC, and his accompanying delegation, which includ...

ADNOC Identifies $19B Worth of Local Manufacturing, Private Sector Opportunities

ADNOC (Abu Dhabi National Oil Company) announced today that it identified $19 billion worth of products it could manufacture locally in its procurement pipeline. During the Make it in the Emirates Forum taking place i...

Egypt Examines Cooperation Opportunities with Mubadala Petroleum

Minister of Petroleum and Mineral Resources Tarek El Molla met the CEO of UAE’s Mubadala Petroleum, Mansour Al-Hamed to discuss cooperation opportunities and investments in Egypt. El Molla expressed the Egyptian petro...

Egypt, UAE Seek to Boost Renewable Energy, Natural Gas Cooperation

Prime Minister Mostafa Madbouly held a meeting with a group of senior Egyptian and Emirati officials to boost cooperation and joint investments with the UAE in energy, especially in renewable energy and the developmen...

TotalEnergies to Ship UAE’s Oil to Europe 

CSSSA, which is affiliated to France’s TotalEnergies as its shipping arm, has provisionally contracted a suezmax tanker to load Abu Dhabi crude in early May for Europe, Reuters reported citing traders and a ship...

UAE, Netherlands Sign MoU for Developing Hydrogen Energy

The UAE’s Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei has signed a memorandum of understanding (MoU) with the Dutch Ministry for Foreign Trade and Development Cooperation Liesje Schreinemache...

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