Tuesday, December 18, 2018

Oil & Gas

ENOC Group Recognised at ‘Golden Peacock Awards’

DUBAI, 26th November, 2018 - ENOC has won the 2018 Golden Peacock Global Award for Sustainability (GPGAS), for the second consecutive year in the global institutional award category, in recognition of its efforts towards raising sustainability standards within the...

ADNOC Adds Germany’s Wintershall to Ghasha Ultra-Sour Gas Concession

ABU DHABI, 26th November, 2018 - The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall Holding GmbH to the Ghasha ultra-sour gas mega-project with a 10 percent stake. The Ghasha concession consists of...

First ever UAE-Caribbean Cooperation Forum in Dubai to boost bilateral trade and investment and...

DUBAI, 26th November 2018 - More than 400 government and business leaders, key decision makers and investors from the UAE and Caribbean region gathered in Dubai ahead of the First UAE-Caribbean Cooperation Forum. Co-organised by the UAE Ministry of Foreign...

ADNOC Inaugurates New Taweelah Gas Compression Plant

ABU DHABI, 25th November, 2018 - The Abu Dhabi National Oil Company, ADNOC, today inaugurated its technologically advanced Taweelah Gas Compression Plant, which will ensure uninterrupted gas supplies to major Abu Dhabi industries and Fujairah. The plant, located 50 kilometres...

ADNOC’s First Investor Forum Highlights Co-Cnvestment, Partnership Opportunities

ABU DHABI, 24th November 2018 - The Abu Dhabi National Oil Company (ADNOC) hosted 200 members of the global investment and financial community at its inaugural investor forum in Abu Dhabi, providing attendees with a deeper understanding of ADNOC’s...

Dubai’s Non-Oil Trade with Caribbean Countries hit $273 mn in 2017

DUBAI, 22nd November, 2018 - The value of non-oil trade between Dubai and Caribbean countries totaled $273 million in 2017, according to new analysis released by Dubai Chamber of Commerce and Industry ahead of the first UAE-Caribbean Cooperation Forum...

UAE Ambassador Meets Turkmenistan FM

ASHGABAT, Turkmenistan, 21st November, 2018 - The UAE Ambassador to Turkmenistan, Hassan Abdullah Al Adhab, has met with Deputy Chairman of the Cabinet of Ministers of Turkmenistan and Minister of Foreign Affairs, Rasit Meredow. The meeting was held on the...

Dana Gas and Crescent Petroleum Announce 30% Gas Production Increase in Kurdistan

ABU DHABI, 21st November, 2018 - Dana Gas, the Middle East’s leading publicly-listed regional natural gas company, and its partner Crescent Petroleum, have announced achievement of a 30% increase in production capacity at the Khor Mor field in the...

ADNOC Expands Support of STEM Education Through Introduction of Kumon Programme

ABU DHABI, 21st November, 2018 - The Abu Dhabi National Oil Company (ADNOC) announced that it has signed a partnership agreement with Japan Oil Development Co. Ltd. (JODCO) and the Kumon Institute of Education (KIE) to pilot the highly...

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$64.81 per barrel (pb) on Thursday, compared to US$ 63.93 pb the day before, said Kuwait Petroleum Corporation (KPC). According to the...
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Unique Joint Venture Between DP World & SMS Group To Revolutionise Global Port Logistics...

World’s first high bay container storing system to be ready for 2020 World Expo in Dubai Dubai, UAE/Dusseldorf, Germany, 17 December 2018:An international joint-venture formed...

Delegation of French Maritime Companies Lauds Achievements & Opportunities of Local Maritime Sector

The Dubai Maritime City Authority (DMCA) recently highlighted the outstanding achievements of the maritime sector before a high-level delegation composed of senior managers and...

Declaration of 2019 as ‘Year of Tolerance’ Strengthens UAE Position as a Global Role...

ABU DHABI, 15th December 2018 - Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has expressed pleasure over the declaration of the 2019...