Aramco delays major investment due to COVID-19's impact on oil prices and demand

Aramco investment PixabayAramco has been forced to delay two large expansion projects at the Marjan and Berri complexes as the impacts of the virus have been far reaching for the global economy, oil prices and demand, according to GlobalData

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ADNOC Trading commences derivatives trading

ADNOC TradingThe Abu Dhabi National Oil Company’s (ADNOC) one of the new trading entities, ADNOC Trading, has started derivatives trading as a direct market participant

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Drydocks World starts Jotun FPSO fabrication of Turntable project

Jotun FPSO Fabrication of TurntableDrydocks World, the service provider to the marine, offshore, oil, gas and renewable energy sectors, has held a steel-cutting ceremony to mark the start of production on Jotun FPSO Fabrication of Turntable Project for Bluewater Energy Services B.V. for end client, Vår Energi

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ADNEC acquires ISNR Abu Dhabi

adnec isnrAbu Dhabi National Exhibitions Company (ADNEC) has acquired the International Exhibition for National Security and Resilience, ISNR Abu Dhabi, having signed a strategic partnership with Reed Exhibitions

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Kuwait in mourning following death of HH Sheikh Sabah Al-Sabah

Sheikh SabahTributes have flooded in for the late Emir of Kuwait, HH Sheikh Sabah Al-Ahmad Al-Sabah, who has died at the age of 91

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