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‘Oil and Gas 4.0 will transform our business, benefit people’: ADNOC Group CEO

ABU DHABI, 15th November, 2018 (WAM) -- Artificial Intelligence, Big Data and the Blockchain are shaping Oil and Gas 4.0, which Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, believes will make the oil...

Abu Dhabi Chamber Supports ADNOC’s Drive to Encourage Suppliers to Work with More Local...

ABU DHABI, 15th November, 2018 - Muhammad Al Rumaithi, Chairman of Abu Dhabi Chamber of Commerce and Industry, has said that the Chamber supports the drive of the Abu Dhabi National Oil Company (ADNOC) to encourage suppliers to work...

ADNOC’s ‘Rig Owners Seminar’ Discusses Maximising Efficiency Through Technology

ABU DHABI, 15th November, 2018 - ADNOC Drilling, an Abu Dhabi National Oil Company (ADNOC) subsidiary, held the 14th Rig Owners Seminar, today, on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). The annual seminar, co-hosted...

ADNOC, King Fahd University of Petroleum and Minerals to Explore Opportunities for Collaboration

ABU DHABI, 15th November, 2018 - The Abu Dhabi National Oil Company (ADNOC) has signed a Framework Agreement with King Fahd University of Petroleum and Minerals (KFUPM), to explore potential opportunities for collaboration in research and development, and development...

ADNOC to Spend Over AED18 Billion on Local Goods and Services by End of...

ABU DHABI, 15th November, 2018 - The Abu Dhabi National Oil Company (ADNOC) today announced that its In-Country Value (ICV) spend for the year 2018 will be over AED18 billion. This represents a significant year-on-year increase and is attributed...

ADNOC to Extend Long-Term Gas Supply Agreement for LNG Production

ABU DHABI, 15th November, 2018 - The Abu Dhabi National Oil Company (ADNOC) has agreed, in principle, to extend to 2040 its gas supply agreement with ADNOC LNG, in coordination with ADNOC LNG’s joint venture partners, Mitsui, BP and...

Fujairah Oil Stocks Decline

FUJAIRAH, 14th November, 2018 - Refined product stocks at the Middle Eastern hub of Fujairah sank by 7.1% to 20.027 million barrels in the week to Monday as middle distillate inventories fell to a three-month low, according to the...

H.H. Sheikh Hazza bin Zayed Al Nahyan visit ADIPEC 2018

ABU DHABI, 14th November, 2018 - H.H. Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, and H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, today visited the...

His Highness Sheikh Mohamed bin Zayed Al Nahyan visits ADIPEC 2018

ABU DHABI, 14th November, 2018 - His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today visited the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC)...

ADNOC updates global energy leaders on its new Gas Strategy and Downstream Growth Plans

ABU DHABI, 14th November, 2018 - The Abu Dhabi National Oil Company (ADNOC) hosted, today, a Gas, Refining and Petrochemicals Forum during the 2018 Abu Dhabi International Petroleum Exhibition and Conference (ADIOPEC), presenting details of its recently-announced new gas...
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Total of 537,000 Business Licenses Issued by End of October

ABU DHABI, 15th November, 2018 - A total of 537,000 business activity licenses has been issued by the end of October 2018, 1 percent...

Kuwaiti Oil Price Up to US$64.81 pb

KUWAIT, 16th November, 2018 - The price of Kuwait's crude oil went up 88 cents to stand at US$64.81 per barrel (pb) on Thursday,...

NCM Warns of Rough Seas in Arabian Gulf

ABU DHABI, 15th November, 2018 - The National Centre of Meteorology, NCM, has warned sea-goers of rough seas in the Arabian Gulf as a...