Changing Investment Winds In The Middle East
The latest headline involving ADNOC, Abu Dhabi's state oil firm, hasn't really made the rounds beyond the industry's eyes but it is crucial to understanding how the Middle East oil sector could adapt to the changing industry over the next few decades. Then late 2019, ADNOC partnered with Italy's ...The World’s Largest Natural Gas Discovery Since 2005
Forecast growth in demand for U.S. petroleum and other liquids is not driven by transportation and not supplied by refineriesThe U.S. Energy Information Administration's (EIA) February Short-Term Energy Outlook (STEO) forecasts that in 2021, U.S. consumption (as measured by product supplied) of to ...The World’s Top 10 Offshore Oil & Gas Projects
Penspen Secures $70m Contract With ADNOC Onshore
Penspen, a leading global provider of engineering and project management services to the energy industry, has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) Onshore, with a value exceeding $70million. The project is for the provision of project management consultancy (PMC) servi ...Wood Secures $53 Million of Contracts Supporting ADNOC Onshore
Wood has been awarded three new, call-off contracts totaling $53 million by ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC) . Project management consultancy (PMC) services will be provided for major projects across the company's onshore fields in Abu Dhabi, aimed at suppor ...Wood Awarded Multimillion Dollar Contract Extension for Upper Zakum Oil Field Project
Wood has secured a multimillion dollar contract extension from ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), for services to the the UZ750 mega project offshore Abu Dhabi. The scope of work includes project management consultancy (PMC) services for the development which c ...Total and ADNOC join forces to launch Unconventional Gas Exploration in Abu Dhabi
Paris – Total and Abu Dhabi National Oil Company (ADNOC) have signed a concession agreement to launch an unconventional gas exploration program in the high potential Diyab play that spreads over 6 000 km2 to the west of the prolific ADNOC Onshore concession, in Abu Dhabi. The concession allows f ...
Strategic partnership will expand ADNOC Drilling's capabilities into the integrated drilling and well construction segment and expand BHGE's presence in the UAE BHGE will acquire a five percent stake in ADNOC Drilling, valuing the business at $11 billion, and the partnership will enable ADNOC D ...OMV and ADNOC Sign a New Offshore Concession Agreement
OMV awarded 20% stake in two oil fields offshore concessions in Abu Dhabi: SARB and Umm Lulu Substantial increase of OMV's reserves of around 450 mn boe Long-term plateau expected at 40 kbbl/d (net to OMV) Major step towards OMV's delivery on the strategy 2025 His Highness Sheikh Mo ...
OMV and Abu Dhabi National Oil Company (ADNOC) agreed that OMV will acquire a 20 percent interest in the concession for the offshore oil fields Satah Al Razboot (with the satellite fields Bin Nasher and Al Bateel) and Umm Lulu as well as the associated infrastructure for a purchase price of USD ...
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