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
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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
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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
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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
Helmerich & Payne, the US oil and gas drilling firm, has fully divested its stake in the drilling unit of Abu Dhabi National Read More
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Italgas to Buy 2i RETE Gas for $5.82 Billion
Italgas, the European leader in gas distribution, with unique capabilities of innovation, digitalization and investment, on Monday said that it will acquire 2Read More
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GULFNAV to Acquire Brooge Energy Limited
The Board of Directors of Gulf Navigation Holding, the Dubai Financial Market (DFM)-listed maritime and shipping company, have decided to acquire Read More
