Abu Dhabi’s ADNOC signs $1.45bn offshore contract with Total
The Abu Dhabi National Oil Company (ADNOC) today signed agreements with Total of France, awarding them stakes in two of Abu Dhabi’s new offshore concessions. Under the terms of the agreements, Total has been awarded a 20% interest in the Umm Shaif and Nasr concession and a 5% interest in the Lower Zakum concession. Total...
Eni Win Stakes in Abu Dhabi Offshore Oil Concessions for US875m
Eni has signed two Concession Agreements for the acquisition of a 5% stake in the Lower Zakum offshore oil field and of a 10% stake in the oil, condensate and gas offshore fields of Umm Shaif and Nasr, for a total participation fee of about 875 million US dollar and a duration of 40 years....
Samsung Engineering awarded $3.1 billion ADNOC refinery project
Samsung Engineering Co., Ltd announced that it has received a letter of award (LOA) to build a Crude Flexibility Project (CFP) on behalf of ADNOC Refining in the United Arab Emirates. At a value of $ 3.1 billion, it is the ninth award in total Samsung Engineering received from ADNOC (Abu Dhabi National Oil Company),...
Adnoc signs offshore concession pact with Cepsa
On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (ADNOC) today signed an agreement with Cepsa, a Spanish integrated oil and gas company, awarding it a 20% stake in Abu Dhabi’s offshore Sateh Al Razboot (SARB) and Umm Lulu concession. The choice of Cepsa, which is wholly-owned by Abu Dhabi’s Mubadala...
Samsung Engineering awarded $ 3.1 billion ADNOC refinery project
Samsung Engineering Co., Ltd announced today that it has received a letter of award (LOA) to build a Crude Flexibility Project (CFP) on behalf of ADNOC Refining in the United Arab Emirates. At a value of $ 3.1 billion, it is the ninth award in total Samsung Engineering received from ADNOC (Abu Dhabi National Oil...
KBR lands mega Abu Dhabi gas project contract
KBR announced that it has been awarded a contract to provide Engineering Support Services for Operations for Abu Dhabi Gas Development Company (Al Hosn Gas), a 60/40 joint venture of Abu Dhabi National Oil Company (ADNOC) and Occidental of Abu Dhabi Ltd. (Oxy). Under the terms of the contract, they will provide personnel, equipment and...
KBR chosen for new Abu Dhabi FEED deal
KBR announced it has been awarded a Project Management Services (PMC) contract by OMV Offshore Abu Dhabi GmbH on behalf of Abu Dhabi National Oil Company (ADNOC) for management of the Front End Engineering Design (FEED) phase of the Hail & Ghasha Development project in Abu Dhabi, United Arab Emirates. KBR will also perform PMC...
Arcadis secures major Adnoc project consultancy contract
Arcadis, the leading global Design & Consultancy firm for natural and built assets, has been appointed by Al Hosn Gas, a subsidiary of Abu Dhabi National Oil Company (ADNOC), to perform a Health, Safety and Environmental Impact Assessment (HSEIA), to support their work in developing the Hail and Ghasha sour gas fields, the largest oil...
Aramco, Adnoc, Masdar partner on energy R&D
Saudi Arabian Oil Company (Saudi Aramco) today signed two separate Memorandums of Understanding with Abu Dhabi National Oil Company (ADNOC) and with Masdar, Abu Dhabi’s renewable energy company, covering energy and technology collaboration, renewables, and carbon management. Under the terms of the MoU between Saudi Aramco and ADNOC, the two companies will collaborate on identifying...
BP signs US$2.2 billion Abu Dhabi oil deal
BP has signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) that grants BP a 10% interest in Abu Dhabi’s ADCO onshore oil concession, which has a life of 40 years. In addition to the interest in the ADCO concession, BP becomes...