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Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Mar 05, 2024

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said…

Sultan al-Jaber: the UAE Oil Boss Steering COP28

Nov 23, 2023

Sultan al-Jaber, the United Arab Emirates oil chief executive and leader of COP28 climate talks, has a formidable reputation for earnestly pursuing results.His position as leader of state energy giant ADNOC has alarmed environmental critics…

Santos, ADNOC Enter CCS Collaboration Deal

Nov 22, 2023

Australian oil and gas company Santos has entered into a strategic collaboration agreement with Abu Dhabi based oil and gas firm ADNOC to collaborate on carbon capture and storage (CCS) projects.The agreement will explore the potential for establishing…

ADNOC to Cut 2024 Upper Zakum Oil Supply to Some Term Buyers -sources

Nov 09, 2023

Abu Dhabi National Oil Company (ADNOC) has notified some term customers that it will reduce the volume of Upper Zakum crude oil supply in 2024, three sources with direct knowledge of the matter said on Thursday.The move could affect supplies to China…

UAE's Jaber Urges Pre-COP28 Summit to Align on Fossil Fuel, Renewables Language

Oct 30, 2023

The United Arab Emirates President of COP28 said on Monday he was aware countries had strong views about including language on fossil fuels and renewables in the negotiated text of the UN climate summit but that common ground must be found.'I…

Mubadala, Inpex Among Suitors for Malaysia's SapuraOMV in $1.2-bln Deal -Sources

Oct 20, 2023

Abu Dhabi state fund Mubadala Investment and Japanese oil and gas explorer Inpex are among firms competing to acquire SapuraOMV in a deal expected to be worth about $1.2 billion, according to two sources with direct knowledge.The sale of the…

Abu Dhabi's Oil Champion ADNOC Nets on Global Expansion

Oct 09, 2023

The United Arab Emirates is refashioning the state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximize earnings for the Gulf state…

PTTEP May Seek Extension for Myanmar Gas Fields

Oct 03, 2023

Thai oil and gas giant PTT Exploration and Production (PTTEP) may extend its contracts for two gas fields in neighboring Myanmar when one ends in 2028 and the other in about 20 years, its chief executive said on Monday.PTTEP also bid for two…

Current News

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

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