The two companies will now enter a period of commercial and technical work leading to the development of the Bab sour gas reservoirs which are 150 kilometres south-west of the city of Abu Dhabi. It is intended that the JV will be the ...
Following a careful and thorough evaluation of technical challenges and costs, Shell has decided to exit the joint development of the Bab sour gas reservoirs with ADNOC in the emirate of Abu Dhabi, and to stop further joint work on the ...
Tags: exit, Bab sour gas reservoirs
State-owned Abu Dhabi National Oil Co, (Adnoc) is seeking to cut 25% off its operating and capital spending, a senior official at the company was quoted as saying Thursday. "...we are trying to bring down operating expenditures and also ...
Nearly 3 million barrels of Abu Dhabi's Murban crude is expected to move into the Mediterranean in June, according to traders, as weaker demand in Asia and expectations of a bullish summer in the Mediterranean Urals market have attracted ...
Tags: Asian Demand, Murban crude
Ethylene producers in Northwest Europe have fixed two cargoes to Asia for March loading driven by length in domestic market, the turnaround season in Asia and port congestion in the Middle East, sources said this week. Europe, a net ...
Rolls-Royce, the global power systems company, has been awarded a strategic contract to supply Abu Dhabi Marine Operating Company (ADMA-OPCO) with power generation equipment and related services to help boost oil and gas processing at the ...
Tags: Rolls-Royce, UAE, oil, gas, energy
The CO2 EOR market is a well established sector of the oil and gas industry in the United States with the first commercial projects dating back to the early 1970s. The key enabler of this success has been the availability of a large volume ...
Tags: CO2, Oil Recovery
Unique System FZE delivers Marorka's ship performance monitoring solutions to ADNATCO-NGSCO fleet Unique System FZE, a Unique Maritime Group company and one of the world's leading integrated turnkey subsea and offshore solution providers, ...
Tags: Transportation, logistics
Germany's Wintershall expects to increase its oil and gas output in 2013 mainly as a result of higher volumes from its operations in Russia, Norway and Libya, the company's parent BASF said Tuesday. In its outlook for 2013, BASF said ...
The UAE's Abu Dhabi National Oil Co will shift its April 2013-March 2014 naphtha term cycle forward by a month, changing it to a May 2013-April 2014 term cycle instead, Asian naphtha trade sources said Friday. Should the term be ...
Tags: UAE, Adnoc, naphtha trade
Saudi Aramco has decided not to allow the usual 10% tolerance on the plus side for its January term butane exports, while there will be a 10-day loading delay in LPG shipments to Asian buyers, term lifters said Tuesday. But in its ...
Tags: Jan butane, butane, propane, LPG
The construction sector is once again providing work for the regional metal working and steel fabrication industry, thanks to mega projects worth billions of dollars that were announced recently in the UAE. And, an upcoming trade show, ...
Tags: Sharjah Steel Fabrication, construction sector, metal working
Adnoc Distribution,the retail arm of Abu Dhabi National Oil Company,announced that it is currently searching for 10 locations to open petrol stations in Dubai.The move will be carried out under the supervision and follow up of the Supreme ...
Tags: Adnoc, Dubai, Abu Dhabi National Oil Company, Al Tayer
Gulf News reported that UK based energy giant BP PLC has been invited back to bid for a renewal of its stake in Abu Dhabi’s oil concession and the Abu Dhabi National Oil Company aims to announce a shortlist of bidders soon. Although ...
Tags: oil, energy giant, oil concession, oil companies
Latest data from the Paris based International Energy Agency showed that the UAE, on average, produced 2.67 million barrels per day in October 0.74% lower than its output in September. IEA said that in the Q1 of 2013, increased ...