Coronavirus to impact upstream oil and gas prices: Wood Mackenzie
According to Wood Mackenzie, upstream operators are concerned about the impact of the growing Coronavirus epidemic on oil and gas demand and prices
Industry
UAE’s Fujairah and Brooge Petroleum reaffirm land lease agreement
Fujairah Oil Industrial Zone (FOIZ) and the oil storage and services business, Brooge Petroleum and Gas Investment Company (BPGIC), have reaffirmed their partnership in a recently signed land lease agreement
Oliver Valves secures US$12mn order in the Middle East
Oliver Valves, a UK-based manufacturing firm, has secured a contract worth US$12mn for a major international EPC company based in the Middle East
ADNOC to build on its position as one of least carbon-intensive oil and gas producers worldwide
ADNOC is building on its position as one of the least carbon-intensive oil and gas producers in the world by significantly expanding its Carbon Capture Utilisation and Storage (CCUS) programme, according to Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, ADNOC Group CEO
ADNOC, ADDED sign MoU to drive in-country value for Abu Dhabi
The Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi National Oil Company (ADNOC) has signed a Memorandum of Understanding (MoU) to enhance cooperation and drive in-country value (ICV) for Abu Dhabi following the success of ADNOC’s ICV programme
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