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Gulf Marine announces deployment of cantilever workover system

Gulf Marine announces deployment of cantilever workover system

UAE-based support vessels provider Gulf Marine Services (GMS) has announced the completion of the first...

29 July 2020
ADNOC adds China’s CNOOC as new partner in two offshore concessions

ADNOC adds China’s CNOOC as new partner in two offshore concessions

UAE’s Abu Dhabi National Oil Company (ADNOC) has announced the transfer of ownership rights in...

28 July 2020
Fugro completes phase one of Qatargas’ North Field site investigation

Fugro completes phase one of Qatargas’ North Field site investigation

Dutch global geological survey firm Fugro has announced the completion of the first phase of...

22 July 2020
Omani firm wins Abu Dhabi’s Haliba oil field tie-in project

Omani firm wins Abu Dhabi’s Haliba oil field tie-in project

26 June 2020
Consortium to buy 49% stake in ADNOC Gas Pipelines Assets

Consortium to buy 49% stake in ADNOC Gas Pipelines Assets

UAE’s Abu Dhabi National Oil Company (ADNOC) has reached a $20.7bn gas infrastructure deal with...

24 June 2020
Polarcus restructures organisation with 20% of workforce reduction

Polarcus restructures organisation with 20% of workforce reduction

Offshore seismic services provider Polarcus has announced that it is taking further actions to streamline...

22 June 2020
ADNOC cancels $1.5bn deal with Petrofac for Dalma gas field

ADNOC cancels $1.5bn deal with Petrofac for Dalma gas field

Petrofac has announced the cancellation of two contracts with the Abu Dhabi National Oil Company...

17 April 2020
Petrofac to resize UAE workforce for cost savings

Petrofac to resize UAE workforce for cost savings

UK-based energy industry contractor Petrofac has announced to staff in the UAE its decision to...

9 April 2020
Adnoc seeks cost savings amid low oil prices

Adnoc seeks cost savings amid low oil prices

26 March 2020
Oil crashes about 30% as Saudi Arabia cuts prices

Oil crashes about 30% as Saudi Arabia cuts prices

Oil has plunged nearly 30% as Saudi Arabia cut its official selling price (OSP) after...

9 March 2020

Latest News

Production

Oil prices dip on concerns about fresh Covid-19 clampdowns in China

22 Jan 2021
Exploration

Energean makes investment decision on NEA/NI project offshore Egypt

22 Jan 2021
Gas

Mubadala signs deal with Egypt for Red Sea tract

21 Jan 2021
Production

Equinor sells operatorship stake in Bressay oil field to UK’s EnQuest

21 Jan 2021

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