Middle East / Africa
Country summary: United Arab Emirates
Current deals: | 1 |
Licensing articles: | 66 |
Completed deals: | 12 |
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United Arab Emirates - recent news
11 Nov 24 |
UAE: ADNOC Gas to acquire 60% stake in Ruwais LNG from ADNOC at cost in H2 2028 ADNOC Gas, a world-class integrated gas processing company, expects to acquire ADNOC’s 60% stake in the Ruwais Liquified Natural Gas (LNG) plant in the second half of 2028 at cost - estimated to be around $5 billion. |
08 Nov 24 |
UAE: ADNOC awards AED720 million contracts for manufacturing in the UAE ADNOC today announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. The announcement was made at ADNOC’s Business Partnership Forum which was held on the sidelines of ADIPEC. |
08 Nov 24 |
UAE: Weatherford secures three-year contract with ADNOC Weatherford has been awarded a three-year contract for the provision of rigless services as part of the reactivation of ADNOC onshore strings. The project is slated to begin in the fourth quarter of 2024, where Weatherford is expected to deploy multiple intervention solutions, advancing the operational efficiency and reliability of ADNOC’s onshore assets. |
06 Nov 24 |
Enersol to acquire Deep Well Services - a technology-enabled Energy Services Company ADNOC Drilling Company and Alpha Dhabi Holding have announced that their joint venture Enersol has agreed to acquire a 95% equity stake in Deep Well Services (DWS), for approximately $223 million including performance-based payments. |
06 Nov 24 |
UAE: ADNOC secures 15-year, 1 mtpa sales and purchase agreement for Ruwais LNG project Agreement with Germany’s SEFE converts previous Heads of Agreement into a binding agreement and reinforces ADNOC’s role as a reliable global supplier of natural gas. SPA builds on the UAE-Germany Energy Security and Industry Accelerator which aims to advance cooperation in energy security and lower-carbon fuels. |
United Arab Emirates - more news