Exploration & Production

Eni acquires stakes in two of Abu Dhabi’s offshore producing concessions

Eni has signed two concession agreements to acquire five per cent stake in the Lower Zakum offshore oil field and 10 per cent stake in the oil, condensate and gas offshore fields of Umm Shaif and Nasr in Abu Dhabi

Last Updated: Tuesday, 13 March 2018 05:22

Sonatrach strengthens ties with BP, Statoil in Algeria

Algeria’s state-run oil and gas company Sonatrach has signed a memorandum of understanding with Norway’s Statoil and BP Exploration (El Djazair) Limited, aiming to boost up upstream exploration activities in Algeria

Last Updated: Wednesday, 07 March 2018 06:25

BP licenses its latest generation PTA technology in Turkey

BP and Socar Turkey Enerji AS have entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology

Last Updated: Thursday, 01 March 2018 06:08

Meethaq signs agreement to finance oil and gas project in Oman

Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has signed an Islamic project financing facility with Hydrocarbon Finder E&P LLC (HCF) for the development of HCF’s oil and gas fields in Block 7 of Oman

Last Updated: Wednesday, 28 February 2018 04:38

Japan’s INPEX wins 10 per cent oil stake in Abu Dhabi

The Abu Dhabi National Oil Company (ADNOC) has awarded 10 per cent interest in Abu Dhabi’s offshore Lower Zakum concession to Japan’s Inpex Corporation (INPEX)

Last Updated: Tuesday, 27 February 2018 10:16

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