The total contract value of the global oil and gas industry reached US$42bn in Q2 2019, a 79 per cent increase on Q1’s value of US$23.4bn, according to GlobalData, a data and analytics company
Industry
Saudi Aramco H1 net income slips to US$46.9bn
The Saudi Arabian Oil Company (Saudi Aramco) has announced that its net income for the first half of 2019 slipped to US$46.9bn, a nearly 12-per cent decrease y-o-y
ADM Energy raises US$604,000 through placing
Nigeria-focused ADM Energy, an oil and gas investment company quoted on AIM, announced on 9 August the launch of fundraising comprising a placing by Pello Capital Limited in conjunction with a PrimaryBid offer
ADNOC acquires stake in global storage terminals operator VTTI
The Abu Dhabi National Oil Company (ADNOC) has announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI)
ENOC Group wins SPLC Awards for sustainable business practices
The Emirates National Oil Company (ENOC) Group is the world’s first energy company have won the Sustainable Purchasing Leadership Council (SPLC) Award at the 2019 SPLC Summit in Portland, USA organised by the US-based non-profit organisation
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