Development of China’s petrochemical sector gained further momentum with Saudi Aramco, one of the world’s leading integrated energy and chemicals Read More
Oman’s economy continued to expand as its economic growth turned out at 1.2% in 2023 before accelerating to 1.9% y-o-y in the first half Read More
QatarEnergy Acquires 23% Stake in Egypt’s North El-Dabaa Block
QatarEnergy, a fully integrated state-owned energy corporation, on Monday signed an agreement with Chevron to acquire a 23% working interest in the concession Read More
ADNOC Gas to Buy Stake in Ruwais LNG Plant
Abu Dhabi National Company (ADNOC) Gas, a world-class integrated gas processing company, on Monday said that it was planning to acquire 60% stake Read More
ADNOC Sign 15-Year Pact with SEFE for LNG Supplies
Securing Energy for Europe (SEFE), an international energy company, and Abu Dhabi National Oil Company (ADNOC) on Wednesday signed a Sales and Read More
Lower crude oil prices and weakening refinery margins has impacted Aramco, Saudi Arabia’s state-owned energy giant, as its net profit declined Read More
Enersol Acquires Deep Well Services for $223 Million
Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi, has acquired a 95% equity stake in the Pennsylvania headquartered Deep Well Services (Read More
ADNOC and AIQ Launch ENERGYai at ADIPEC 2024
Abu Dhabi National Oil Company (ADNOC), and AIQ, an advanced technology pioneer anchored in the UAE, launched ENERGYai, the world’s first-of-its-kind Read More
Mubadala Acquires 49% Stake in Tubacex Group
Tubacex Group, a global leader in advanced industrial solutions for the energy and mobility sectors, has formed a strategic alliance with Mubadala Read More
ADNOC Drilling Posts Record Revenues in Third Quarter
Fuelled by the expansion of onshore and offshore fleets, as well as the continued growth of the oilfield services (OFS) segment, ADNOC Read More