Oil prices fall over 1% on Monday
Oil prices fell by more than 1 per cent on Monday after OPEC+ agreed to raise its production target for August and…
Browsing Tag
ADNOC
Egypt, ADNOC unit AIQ discuss AI applications in oil and gas
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawy met Dennis Jol, CEO of AIQ, a subsidiary of the…
Egypt’s Petroleum Min inspects rig for 5 new Gas wells as BP, Arkeus boost investments
Egypt’s Minister of Petroleum Karim Badawi inspected the drilling vessel Valaris DS-12 on Saturday. The vessel has…
Valaris DS-12 begins drilling 4 gas wells in Egypt – ministry
The drillship Valaris DS-12 has arrived in Egyptian waters to begin drilling four new gas wells in the…
Arcius Energy acquires North El Burg concession in Egypt
Arcius Energy, a joint venture between BP and ADNOC’s affiliate XRG, has acquired on Wednesday full production and…
Egypt, ADNOC discuss Arcius Energy’s plans to double gas output in 5–7 years
Egypt’s Petroleum Minister Karim Badawy met on Tuesday with executives from Abu Dhabi National Oil Company (ADNOC)…
Egypt eyes new UAE energy investments
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held talks in Abu Dhabi with Sultan Ahmed Al Jaber…
Egypt expects over $700m in oil, gas investments
Egypt is expecting investments exceeding $700 million in oil and gas exploration following the closure of bidding…
UAE’s ADNOC announces separate low-carbon firm
Abu Dhabi National Oil Company (ADNOC), the UAE’s largest oil producer, announced the creation of XRG, a new…
ADNOC to acquire Covestro AG for AED254 per share
ADNOC International Limited (ADNOC International) has entered into an investment agreement with Covestro AG, a…