The Abu Dhabi National Oil Company (ADNOC) announced today the discovery of natural gas resources offshore of the Emirate of Abu Dhabi. Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession operated by Eni, indicate between 1.5 – 2 trillion standard cubic feet (TSCF) …
Read More »Abu Dhabi Is Determined to Lead the Energy Transition in the Arab World
Abu Dhabi is simultaneously preparing for an increase in oil and gas demand in the coming years and for the global rise of renewable energy. News has emerged that the emirate is considering the sale of a $4 billion stake in one of the most successful Arab energy companies, TAQA, …
Read More »Adjustments under OPEC+ Agreement Get Going
Abu Dhabi National Oil Company (ADNOC) has notified its customers in a letter of its plans to voluntarily adjust its crude oil production in May and June 2020, Trend reports citing OPEC. May’s voluntary adjustments: 15 percent Murban crude; 5 percent Umm Lulu crude; 5 percent Das crude; and 15 …
Read More »Abu Dhabi Replaces 4,184 Streetlights with LED Lights
The $3m project is expected to contribute to more than 80% savings in annual energy consumption.
Read More »Abu Dhabi Plans Big Oil Output Boost to Join the Price War
Abu Dhabi National Oil Co. will boost crude supply to more than 4 million barrels a day next month as the United Arab Emirates joins a battle for market share triggered by Saudi Arabia and Russia.
Read More »World’s Largest Solar Power Plant Project to Rise in Abu Dhabi
Once operational. the plant will lift Abu Dhabi’s solar power capacity to around 3.2 GW.
Read More »Gazprom Neft Cooperate in Abu Dhabi`s Oil and Gas Projects
Gazprom Neft could partner with Mubadala. Adnoc and other companies in the development of oil and gas reserves.
Read More »Baker Hughes to Pay $550 Million for 5 Percent Stake in Adnoc
Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.
Read More »Total Oil Deal Strengthens UAE-France Ties
France has a military base in Abu Dhabi and is a major seller of arms to the UAE.
Read More »Total wins Adnoc`s Offshore Concession for Dh5.3b
French Energy Company awarded a 20% stake in the Umm Shaif and Nasr concession. 5% interest in the Lower Zakum concession.
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