UAE

Petrofac continues working relationship with UAE following contract awards for Dalma Gas Development project.

The most recent hydrocarbon production boom is under way in the Middle East, and this time, the race is spilling into offshore waters.

The companies will focus on research and development to reduce CO2 emissions and promote the circular economy.

The upgrade project will increase the maturing field’s oil production to 485,000 B/D.

Separate collaboration agreements between ADNOC and Lukoil, Gazprom Neft, and the Russian Energy Agency cover all segments of the oil and gas industry, including upstream technology and exploration and development of Abu Dhabi concessions.

ADNOC and CNOOC will explore multiple new opportunities for collaboration across the upstream and downstream sectors in the UAE and China.

By racking up exploration agreements in the United Arab Emirates, Oman, and Bahrain, Eni took a big step forward in its pledge to tap into the Middle East’s vast swaths of highly prospective oil and gas acreage.

Three onshore fields in the Emirate of Sharjah, United Arab Emirates, have more than 30 years of production history from more than 50 gas-condensate wells.

The French major will become operator of the Ruwais Diyab concession, and ADNOC says additional companies are lining up to partner on the emirate’s other unconventional areas.

The Abu Dhabi government approved a $132.3-billion capital expenditure increase that will fund, among other things, a plan that could enable the country to sustain LNG production through 2040.