ADNOC’s ICV Programme drives more than US$7bn into UAE economy in 2019
ADNOC has announced its In-Country Value (ICV) Programme has driven more than US$7bn back into the UAE economy in 2019, bringing its total ICV spend, to date, to US$12bn
Industry
Pipeline firm STATS Group partner with Saudi Arabia’s Safari Oil & Gas
Pipeline technology specialist STATS Group has signed an exclusive partnership with Safari Oil & Gas (SOG)
Intercontinental Exchange to launch new exchange in Abu Dhabi
Intercontinental Exchange has announced that it will launch a new exchange, ICE Futures Abu Dhabi (IFAD), to host the first futures contracts based on ADNOC’s Murban crude oil
New pricing mechanism set for ADNOC’s Murban crude
Abu Dhabi’s Supreme Petroleum Council (SPC) has launched a new pricing mechanism for the Abu Dhabi National Oil Company’s (ADNOC) flagship onshore crude oil, Murban, at a meeting held at ADNOC’s headquarters
Saudi Aramco joins ‘Zero Routine Flaring by 2030’ initiative
Saudi Aramco has announced that it is joining the World Bank Initiative: ‘Zero Routine Flaring by 2030’
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