ADNOC made the final investment decision ( FID ) on the project for the development of two gas fields on the UAE shelf – Hail and Ghasha. Deposits are part of the Abu Dhabi Ghasha concession, in which more than 1.5 billion cubic meters are planned to be mined by the end of the decade....
The president of Abu Dhabi’s state-owned oil company is set to host critical climate negotiations this autumn. he oil company run by the president of this year’s UN climate conference is set to increase the emissions from its oil and gas products by more than 40% by 2030, according to analysis by Global Witness. Abu...
International contractor Kent has started work on an engineering, procurement, construction and management contract for the full-field development of Abu Dhabi National Oil Company’s (Adnoc’s) onshore Bab Far North project. Adnoc is expected to spend $150 billion up to 2027 on advancing its 5 million barrels per day oil production capacity target, due to improved...
UAE giant advancing its 5 million bpd oil production capacity target to 2027 on back of improved market fundamentals. Engineering, procurement and construction activity in Abu Dhabi is soaring to record highs as state oil company Abu Dhabi National Oil Company (Adnoc) pushes ahead with an ambitious oil and gas expansion programme. Billions of dollars...
Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates (UAE) in August and September, four traders told Reuters, opening up a new export route as Moscow looks to find new customers and skirt Western sanctions. Moscow has found new markets for its oil despite sanctions imposed by G7...
The UAE’s biggest oil producer is pushing to build its fledgling trading operations into a multibillion-dollar business this decade by bolstering its presence in Europe and Africa, and expanding in other forms of energy. In a bid to catch up with long-established rivals, Abu Dhabi National Oil Co. wants to take advantage of the hole...
UAE Oil Giant Plans European Trading Boost in Expansion Push. The UAE’s biggest oil producer is pushing to build its fledgling trading operations into a multibillion-dollar business this decade by bolstering its presence in Europe and Africa and expanding into other forms of energy. In a bid to catch up with long-established rivals, Abu Dhabi National...
ADNOC L&S jack-up barges fleet grows to 39 with new purchases. Eight additional JUBs, purchased through its subsidiary Zakher Marine International, make it one of the largest offshore fleets in the GCC region. ADNOC Logistics and Services has expanded its fleet by 25 percent to 39 after taking delivery of eight self-propelled jack-up barges (JUBs). ADNOC...
Farmers vs Oil Giants: The Fight Against the $44 Billion Refinery. Indian farmers battle against oil giants ADNOC and Aramco. In Maharashtra, India, Sultan AL Jaber’s dual role as CEO of ADNOC and president of COP 28 is not a potential conflict of interest. It is an actual one. Thousands of Indian villagers are currently...
ExxonMobil, the fifth-leading producer of greenhouse gas emissions in the world from 1880 to 2010, has been planning since 2018 to raise its yearly carbon dioxide emissions by as much as 17% by 2025, according to internal documents reviewed by Bloomberg. The news comes in stark contrast to efforts to slow down the pace of...