Oil producers from Saudi Arabia to the United Arab Emirates are complying with production cuts promised last year to stabilize the market, Kuwait’s governor to the Organization of Petroleum Exporting Countries said.
The Atlantic Council, a leading Washington, DC-based think tank, will bring together energy leaders to discuss the sector’s most pressing issues at the inaugural Atlantic Council Global Energy Forum in Abu Dhabi this week.
A joint venture between Euronav NV and International Seaways has been awarded a five-year deal for the service of the FSO Africa and FSO Asia on the Al-Shaheen field, off Qatar, by Total and Qatar Petroleum.
British ambassador to Egypt John Casson and UK trade envoy Sir Jeffrey Donaldson attended the first ever Egypt Petroleum Show (EGYPS), which is the largest oil and gas industry event to take place in North Africa, with the participation of over 40 British companies from English and Scottish trade missions, exhibiting strong British representation in all the panel discussions.
The Abu Dhabi National Oil Company (Adnoc) aims to double sulphur output and capture the world’s top market spot in the product as it ramps up production from its Al Hosn sour gas project in the Western Region.
ExxonMobil awarded Pason Systems with the first global license of its patented Drilling Advisory System. The agreement will accelerate the technology’s commercialization and combines the expertise of Pason in drilling data and the experience of ExxonMobil in drilling surveillance and optimization
ABB has signed a project-specific agreement to provide safety and automation systems for Statoil at the Johan Castberg oilfield off the coast of Norway.
Masdar, Abu Dhabi’s renewable energy company, announced today that its second large-scale offshore wind farm in the United Kingdom has started supplying electricity to British homes.
The Emirates National Oil Company, ENOC, has announced record sales of petroleum products of 245 million barrels, reflecting a 5-year rolling average growth of 9 percent, despite the challenging macro-economic situation.