Middle East / Africa
Country summary: United Arab Emirates
Current deals: | 1 |
Licensing articles: | 65 |
Completed deals: | 10 |
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United Arab Emirates - recent news
14 May 24 |
UAE: ADNOC Drilling secures transformational $1.7 billion contract to unlock UAE’s world-class unconventional energy resources ADNOC Drilling has been awarded, by ADNOC, a $1.7 billion contract to provide drilling and associated services for the recovery of unconventional energy resources. The contract will see Turnwell, a newly incorporated company, deliver 144 unconventional oil and gas wells. |
13 May 24 |
UAE: ADNOC Drilling announces record first quarter revenue and EBITDA ADNOC Drilling has announced record first quarter revenue and EBITDA for the period ending March 31, 2024. ADNOC Drilling delivered robust 24% year-on-year revenue growth to $886 million, propelled by accelerated fleet expansion and oilfield services growth. |
08 May 24 |
UAE: ADNOC signs third long-term Heads of Agreement for Ruwais LNG Project ADNOC has announced the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 0.6 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG). |
27 Mar 24 |
UAE: ADNOC announces first production from Belbazem offshore block ADNOC has announced the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy. Tthe Belbazem Block consists of three offshore fields; Belbazem, Umm Al Salsal and Umm Al Dholou. |
18 Mar 24 |
UAE: ADNOC signs second long-term agreement for Ruwais LNG project ADNOC has announced the signing of a 15-year Heads of Agreement (LNG agreement) with SEFE Marketing & Trading Singapore, a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of 1 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG). The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, currently under development. |
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