UAE
News
October 05, 2015
Saudi Arabia cut pricing for November oil sales to Asia and the U.S. as the world’s largest crude exporter seeks to keep its barrels competitive with rival suppliers amid sluggish demand.
News
September 15, 2015
Sparrows Group has won a five-year deal with Abu Dhabi Marine Operating Company (ADMA-OPCO) in the Middle East.
News
September 02, 2015
CGG, with the support of its Seabed Geosolutions joint venture with Fugro, has completed the acquisition of a 3D seismic survey over the Hail and Shuweihat oil and gas fields in the Emirate of Abu Dhabi, one of the world’s most environmentally sensitive areas.
News
September 02, 2015
Sandvik Materials Technology, a division within the Sandvik Group, has been awarded two important contracts for control lines for the oil and gas industry in the Middle East.
News
August 18, 2015
Amec Foster Wheeler has been awarded an extension to its existing project management consultancy (PMC) contract for the UZ750 project in Upper Zakum (UZ) field, 84 km northwest of Abu Dhabi.
News
August 04, 2015
LONDON -- qedi, a leading completions, commissioning and technology provider, has opened an inaugural office in Abu Dhabi and appointed Naveen Adusumilli as qedi’s general manager for the Middle East.
News
July 22, 2015
The United Arab Emirates, the third-biggest OPEC producer, will link gasoline and diesel prices to global oil markets starting next month, becoming the first country in the oil-rich Persian Gulf to remove transport fuel subsidies.
News
July 15, 2015
ABB has received orders from Hyundai Heavy Industries for electrical and telecommunication systems.
News
July 15, 2015
Iraq’s self-ruled Kurds are bypassing the government in Baghdad and independently selling all the crude oil exported from their region for the first time as they take greater control of their own affairs.
News
June 23, 2015
Coretrax has strengthened its position in the Middle East by opening an office in Abu Dhabi, its fourth base in the region.
News
June 04, 2015
Never mind cutting output to staunch a global glut, the talk so far at this week’s OPEC summit is mostly about pumping more oil.
News
June 02, 2015
Abu Dhabi will be at least a year late in boosting its crude-production capacity to a record 3.5 MMbpd, according to officials at the state-owned oil company.
News
May 07, 2015
As the oil industry tightens its belt after the worst price slump in a generation, the state-owned giants of the Middle East are taking the opposite tack.
News
April 28, 2015
National Drilling Company (NDC) of Abu Dhabi has exercised one of its existing options and awarded a contract to Lamprell for the construction and delivery of a high-specification jackup drilling rig.
News
April 27, 2015
TOKYO -- Inpex Corporation has acquired a 5% participating interest in the ADCO Onshore Concession in Abu Dhabi, the Tokyo-based company said Monday.
News
March 18, 2015
Mubadala Petroleum has signed an agreement with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) to carry out an evaluation of the hydrocarbon potential of a large area offshore Morocco’s Mediterranean coast.
News
March 10, 2015
Wintershall and its partner ADNOC have presented the German Federal Minister of Economic Affairs, Sigmar Gabriel, in Abu Dhabi with the first piece of a drill core from the joint natural gas and condensate field Shuwaihat.
News
March 10, 2015
Oil production from OPEC remained below the group's 30 MMbpd ceiling for a second consecutive month in February as lower volumes from Libya and Nigeria more than offset increases from several other countries, a Platts survey of OPEC and oil industry officials and analysts showed Friday.
News
February 16, 2015
The surplus in global crude supply is less than the 1.8 MMbopd Kuwait estimated it to be last month, and prices will continue to recoup losses, Oil Minister Ali Al-Omair said.
News
February 11, 2015
Abu Dhabi is seeking about $7 billion in payments from foreign companies for production stakes still to be awarded in the emirate’s biggest onshore oil fields, two people with knowledge of the situation said.
News
February 11, 2015
TAM International has recently hired Scott Myers as Middle East Manager and Edward Wharam as Country Manager for Indonesia and Malaysia.
