UAE
News
November 03, 2016
The global oil industry has postponed a “massive” number of projects because of the drop in crude prices, raising the risk of a slump in output and a potential shortfall in supply, the United Arab Emirates Energy Minister Suhail Al Mazrouei said.
News
November 01, 2016
Schlumberger is opening a new reservoir and rock analysis laboratory in Abu Dhabi, UAE. This new laboratory supports customers in the Middle East and Asia and complements the company’s existing regional network of laboratories in Dubai, Qatar, Kuwait and Saudi Arabia.
News
October 26, 2016
Saudi Arabia faces the prospect of much deeper—and financially painful—oil production cuts after Iraq joined the queue of group members seeking immunity from the deal hatched in Algiers.
News
October 20, 2016
With oil producers worldwide facing a challenging market, maintaining the value of the GCC’s natural resources will be high on the agenda when industry leaders from Bahrain meet their counterparts from across the region at the annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in November.
News
October 06, 2016
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured a new extension to its ongoing shallow water operations in the United Arab Emirates.
News
October 04, 2016
Penspen, a provider of engineering and project management services, has signed an agreement with Matrix Construction to provide modification works at Bab and Asab fields, which lie to the west of Abu Dhabi.
News
October 04, 2016
Abu Dhabi National Oil Co. will combine two offshore oil and natural gas ventures operated with partners including BP and Exxon Mobil, as the U.A.E. producer takes measures to cope with the drop in oil prices over the past two years.
News
September 26, 2016
Reactive Downhole Tools, a supplier of lower completion systems, has completed an oil swellable packer installation in the Middle East for a major operator in Abu Dhabi. At 19,000 m, it’s the longest liner of this size deployed by all parties to date, and a world record for the liner type.
News
August 23, 2016
Packers Plus Energy Services Inc. has announced that it has recently worked with operator Dubai Petroleum Establishment to install and successfully stimulate an offshore carbonate reservoir using an open hole multi-stage ball-drop system.
News
August 10, 2016
Abu Dhabi National Energy Co., the government-controlled utility known as Taqa, reported a wider loss in the second-quarter as lower oil and natural gas prices crimped revenue. The shares fell for the first time this week.
News
June 29, 2016
Abu Dhabi’s proposed merger of two of its largest sovereign investment funds would create a global energy business that produces more oil than OPEC member Libya and with bigger assets than ConocoPhillips.
News
June 05, 2016
The global oil surplus is shrinking faster than expected and has the potential to send crude prices as high as $60/bbl this year, according to Ali Majed Al Mansoori, chairman of the Abu Dhabi Department of Economic Development.
News
May 30, 2016
The United Arab Emirates’s economy minister joined forecasters looking for $60 crude this year with demand and production moving more in line.
News
May 11, 2016
Siemens has shipped its first Industrial Trent 60 gas turbine generator package from its manufacturing facility in Mount Vernon, Ohio, to Abu Dhabi Marine Operating Company's (ADMA-OPCO) Satah Al-Razboot (SARB) offshore oil field project on Zirku Island.
News
May 11, 2016
Abu Dhabi National Energy Co., which produces oil and natural gas from Canada to North Africa, reported a net loss for the first quarter as revenue declined because of lower crude and natural gas prices.
News
May 04, 2016
Abu Dhabi is indefinitely delaying construction of the first land-based facility for importing LNG into the United Arab Emirates after it contracted a floating supply terminal, according to two people with knowledge of the situation.
News
April 04, 2016
Oil markets will probably balance by the end of next year, with prices rising in the medium term, according to Sultan Al Jaber, the new head of Abu Dhabi National Oil Co.
News
March 30, 2016
Vallourec has signed a contract with ADNOC to supply OCTG during the 2016-2018 period to its three operating companies (ADMA-OPCO, ADCO, ZADCO).
News
March 29, 2016
Abu Dhabi National Oil Co. (Adnoc) is willing to accept additional partners at its main onshore fields, a senior company official said, almost a year after awarding less than half the production rights it offered for the deposits in a bidding round.
News
March 23, 2016
DUBAI, United Arab Emirates -- Frames, a provider of oil and gas solutions, has opened a new office in Dubai as the most recent expansion of the company's operations in the Middle East.
News
March 21, 2016
The Abu Dhabi National Oil Company (ADNOC), OMV, and Occidental Petroleum have signed a contract covering several undeveloped oil and gas fields offshore Abu Dhabi, including the Ghasha and Hail areas.
