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
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)
GE and Noble Corporation plc have launched the world’s first digital drilling vessel, aiming to achieve 20 per cent operational expenditure reduction across the targeted equipment and improve drilling efficiency
Egypt’s plans to become an energy hub will bring benefits to Egypt and the region as well as contributing to Europe’s energy security, according to HE Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources
On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Cepsa, a Spanish integrated oil and gas company, awarding it a 20 per cent stake in offshore SARB and Umm Lulu concession
