Adnoc News

 

Esgian Week 32 Report: Second Round of Saudi Jackup Suspensions

Aug 11, 2024

Esgian provides an update on the second round of jackup suspensions in Saudi Arabia in its Week 32 Rig Analytics Market Roundup.Report SummaryContractsArabian Drilling has confirmed that Saudi Aramco has initiated discussions with the drilling…

AI Tools Lift ADNOC's SARB Field Production Capacity for 25%

Aug 08, 2024

Abu Dhabi National Oil Company (ADNOC) has started Artificial Intelligence (AI)-enabled digital operations at its offshore Satah Al Razboot (SARB) field, achieving 25% increase in production capacity with the help of advanced digital technologies…

ADNOC Signs LNG Supply Agreement with Osaka Gas for Ruwais LNG Project

Aug 06, 2024

Abu Dhabi National Oil Company (ADNOC) has signed a long-term heads of agreement with Osaka Gas for the delivery of up to 0.8 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) from the Ruwais LNG project.The LNG will primarily…

Cyprus Officials Discuss East Med Gas Investments with BP, ADNOC

Aug 02, 2024

Representatives of BP and Abu Dhabi's state oil giant met Cypriot Energy Ministry officials on Friday to explore investments in the country's emerging natural gas sector, a source familiar with consultations said.BP and ADNOC earlier this year…

Technip Energies Concludes Work at UAE’s Umm Lulu Project

Jul 29, 2024

Technip Energies has met all its contractual obligations for the engineering, procurement and construction (EPC) work for the second phase of Umm Lulu project, being developed 40 km offshore Abu Dhabi in United Arab Emirates.Abu Dhabi Marine…

CNOOC, ADNOC Agree to Deepen Cooperation

Jul 25, 2024

China National Offshore Oil Company (CNOOC) said on Thursday it signed strategic alliance agreement with Abu Dhabi National Oil Company (ADNOC) to deepen cooperation.Under the agreement, the companies will cooperate in oil, gas exploration and production…

Esgian Week 28 Report: Rig Activity Robust

Jul 14, 2024

Esgian provides an update on rig activity and discoveries in its Week 28 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Equinor consent for exploration drilling in blocks 32/4 and 32/7 in the North Sea…

ADIPEC Technical Conference Receives Record-breaking 5,977 Submissions

Jul 12, 2024

The ADIPEC 2024 Technical Conference has received a record 5,977 submissions, a 16% increase over last year, with major submission growth seen in the AI and Digital Transformation and Energy Transition and Decarbonization categories, and increased submissions from African and Arab states…

Shell's Bet on Gas Boom Takes Shape with String of Deals

Jul 12, 2024

Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.The new projects…

Shell, BP, Mitsui, TotalEnergies Each Take 10% Share of ADNOC’s Ruwais LNG Scheme

Jul 10, 2024

Shell, BP, Mitsui and TotalEnergies have agreed to each take a 10% participating interest in the Abu Dhabi National Oil Company’s (ADNOC) Ruwais liquefied natural gas (LNG) project in the United Arab Emirates.The Ruwais LNG project will consist of two 4…

MODU Market Shrugs Off Contract Suspensions

Jul 07, 2024

The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.The Gulf region continues to contribute strongly to contract volumes in 2024…

ADNOC's Ruwais LNG to Earmark 40% Stake to Shell, Total, BP, and Mitsui

Jul 05, 2024

Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell, TotalEnergies, BP, and Japan's Mitsui, sources told Reuters.The four companies are expected to get…

Aramco Denies Media Reports of Potential Offer for Santos

Jul 05, 2024

Saudi Aramco said in an emailed statement on Thursday that media reports saying it was considering an offer for Santos are inaccurate.Bloomberg News on Wednesday reported that Saudi Aramco and Abu Dhabi National Oil Company have been separately considering bids for Australian gas producer Santos…

Aramco, ADNOC Reportedly Weighing Bids for Australia's Santos, but Analysts Skeptical

Jul 04, 2024

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News reported, sending shares of the Australian gas producer up 6.5% on Thursday.Both Saudi Aramco and ADNOC have been conducting…

ADNOC Drilling Secures $733M Order for Three Island Rigs for Zakum Offshore Field Ops

Jul 03, 2024

ADNOC Drilling has secured a contract from ADNOC Offshore, valued $733 million, to build three island drilling rigs in support of the growing operations at the offshore Zakum field.The rigs will be designed and built as part of a partnership between ADNOC Drilling and Honghua Group (HH)…

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