Coronavirus to impact upstream oil and gas prices: Wood Mackenzie

johancastberg statoil 03 1920x1080According to Wood Mackenzie, upstream operators are concerned about the impact of the growing Coronavirus epidemic on oil and gas demand and prices

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UAE’s Fujairah and Brooge Petroleum reaffirm land lease agreement

Left to Right Nico PaardenkooperCEOBPGIC and CaptFujairah 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

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Oliver Valves secures US$12mn order in the Middle East

ovlsmallerOliver Valves, a UK-based manufacturing firm, has secured a contract worth US$12mn for a major international EPC company based in the Middle East

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ADNOC to build on its position as one of least carbon-intensive oil and gas producers worldwide

PR Default Thumbnail 2ADNOC 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

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ADNOC, ADDED sign MoU to drive in-country value for Abu Dhabi

2750340586855381013The 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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