29 April 2026
29 April 2026
The exit would let the UAE raise oil production on its own, free from OPEC’s output quotas.
The company's sales and other operating revenue for the quarter ended 31 March rose by 11.5% to $52.3bn (£38.73bn).
The SJ-12 well was drilled to a depth of 3,180m, intersecting the Barro Duro-Tutoia and Bom Gosto-Arpoador formations.
Approval of the appraisal programme confirms the viability of the gas discovery, supporting Jade Gas’ move towards development and commercial production.
Greenland Energy plans to drill two wells this year in the Jameson Land Basin, which covers approximately two million acres.
The partners are targeting the TERA 2026 Award to fund an initial system designed to turn waste streams into power, heat and useful byproducts.
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