ADNOC signs major offshore concession agreements with Total
19 March, 2018
The Abu Dhabi National Oil Company has signed agreements with Total, awarding the French supermajor stakes in two Abu Dhabi offshore concessions.
Wood awarded contract for US$20bn Saudi crude oil to chemicals project
09 March, 2018
UK-based Wood has been selected to develop the world’s largest fully integrated crude oil to chemicals complex in Saudi Arabia, on behalf of Saudi Aramco and SABIC.
Japan’s INPEX awarded 10% stake in Lower Zakum offshore concession
01 March, 2018
The Abu Dhabi National Oil Company has signed an agreement with Japan’s INPEX Corporation awarding the company a 10% interest in Abu Dhabi’s offshore Lower Zakum concession at a cost of US$600m.
Cepsa acquires offshore Abu Dhabi stake in US$1.5bn deal
21 February, 2018
Spanish multinational oil and gas company Cepsa has acquired from ADNOC a 20% share in a concession of two oil fields offshore Abu Dhabi in a deal worth US$1.5bn.
Saudi Arabia to put US$7bn of renewable projects out to tender
17 January, 2018
The Saudi Arabian Energy Ministry has announced that it will tender approximately 4GW of renewable energy projects worth US$7bn in 2018.
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