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NEWS |
Adnoc to create 'plug and play' industrial hub
Abu Dhabi National Oil Company (Adnoc) is significantly boosting its downstream capabilities, investing $45 billion, alongside partners, to capitalise on state-of-the-art facilities in Ruwais, to the (...)
NEWS |
Chevron first Supermajor to exit Norway
Chevron is the first oil supermajor to leave the Norwegian Continental Shelf, after Norway’s authorities accepted the sale of the only asset of the U.S. firm—a 20-percent stake in an exploration licen (...)
NEWS |
Baker Hughes acquires 5% of ADNOC Drilling for $550 million
Baker Hughes, the world’s second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company’s (ADNOC) drilling unit for $550 million under a tie-up announced on Monday (...)
NEWS |
Deals this week: Maersk Drilling, Adnoc LNG, Sapura Energy
Maersk Drilling has won a deepwater drilling contract from Aker Energy to provide drilling services at the Pecan-4A appraisal well located offshore Ghana. Maersk Drilling will employ its ultra-deepwat (...)
NEWS |
Adnoc awards $860m EPC contract for gas development expansion project
Abu Dhabi National Oil Company’s subsidiary Adnoc LNG has awarded an AED3.16bn ($860m) contract for the provision of engineering, procurement and construction (EPC) services for the second phase of th (...)
NEWS |
ADNOC awards $1.6bn deal to find new Abu Dhabi oil
Abu Dhabi National Oil Company awards contracts for the world's largest 3D onshore and offshore seismic survey, covering an area up to 53,000 sq km
NEWS |
ADNOC unit awards contract to develop offshore oil field
Al Yasat Company for Petroleum Operations (Al Yasat), a subsidiary of the Abu Dhabi National Oil Company (ADNOC) has awarded a contract for the development of the offshore Bu Haseer field.
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