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Abu Dhabi News

 

Santos Extends Exclusivity Period for XRG Consortium

Aug 13, 2025

Santos has agreed to extend the exclusivity period granted to a consortium to enable it to complete due diligence on the purchase.The consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company and includes Abu Dhabi Development…

Leviathan Natural Gas Field Signs $35b Supply Deal With Egypt

Aug 07, 2025

Israel's Leviathan natural gas field has signed the largest export agreement in the country's history, worth up to $35 billion to supply gas to Egypt, NewMed, one of the partners in the field, said on Thursday.The deal should ease an energy crisis in Egypt…

AIQ, SLB Partner Up to Deploy AI Tool Across ADNOC’s Subsurface Ops

Aug 07, 2025

Global energy technology company SLB and AIQ, the Abu Dhabi-based AI champion for the energy sector, have teamed up to advance AIQ’s continued development and deployment of its ENERGYai agentic AI solution across ADNOC’s subsurface operations…

BP’s Second Quarter Profit Beats Expectations

Aug 05, 2025

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, as it beat second-quarter profit expectations.BP, under pressure…

Current News

United Arab Emirates Exits OPEC and OPEC+

United Arab Emirates Exits OPEC and OPEC+

Technology as Enabler of Energy Security in Offshore Asia

Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Bureau Veritas Expands Offshore Services with New Asia Hub

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

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Sinopec refinery usage drops but chemical exports increase due to the Iran war
Sources say that China has tightened border inspections on fertilizer exports.
Kone nears $34 billion deal for rival TK Elevator, Bloomberg News reports
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