Thursday, May 23, 2013
Displaying 1 - 10 of 13 articles
Shell has been chosen by the Abu Dhabi National Oil Company (ADNOC) to participate in a 30-year joint venture (JV) to develop the Bab sour gas reservoirs in the Emirate of Abu Dhabi. Shell will hold a 40% equity stake in the JV, with ADNOC holding 60%. The two companies will now...
Abu Dhabi National Oil Company (ADNOC) has selected Royal Dutch Shell to operate the Bab sour gas field, Dow Jones Newswire said citing a report published in International Oil Daily. Shell and Total were the two companies shortlisted but Shell was the eventual winner, the report said.
Emirates LNG, a joint venture between Abu Dhabi’s Mubadala Petroleum and International Petroleum Investment Company (IPIC) has leased a plot of land on the east coast of the United Arab Emirates (UAE) and will start building an LNG import terminal there later this year, Reuters said citing a company...
Gulf and the Middle East and North Africa nations have around 88 trillion cubic meters (tcm) of proven natural gas deposits which can last more than 30 years at current production growth rates, Emirate24/7 has reported. According to the Saudi-based Arab Petroleum Investment Corp (Apicorp), an affiliate...
Dana Gas has said that it has signed a set of agreements with the Sharjah and Ajman Governments to jointly develop the shared field located around 40 kilometers off the two coasts. These included a unitization agreement for management of the shared field, gas sales and purchase agreements, and...
Abu Dhabi's Ghasha field, with undeveloped natural gas reserves of nearly 5 trillion cubic feet has drawn interest of energy firms from all over the globe. "It's one of the big fields that's not developed," said Anders Hatteland, Statoil's senior Middle East vice president for exploration and production...
Abu Dhabi’s $10 billion Shah natural gas project, a joint venture between Abu Dhabi National Oil Co and Occidental Petroleum Corp, is on track for completion by late 2014, Bloomberg reported the venture’s chief executive officer as saying. Facilities and pipelines are more than 60 percent...
Dubai is looking to augment supplies of gas and cut costs by acquiring overseas assets, according to a report in the National. "We are looking at how we can really secure the supply in the long run through different sources and options," Nejib Zaafrani, the chief executive of the Dubai Supreme Council...
The Abu Dhabi National Oil Company (ADNOC), and units of Austria's OMV AG and Germany's Wintershall Holding GmbH, have signed a Technical Evaluation Agreement to appraise the sour gas and condensate field in Shuwaihat, located some 25 km to the West of Ruwais in the Western Region of Abu Dhabi.
Tanzania has invited investors from the United Arab Emirates to participate in the development of its oil and gas resources, Reuters said citing a statement from Tanzania’s president’s office. The African nation has emerged as an important energy destination after significant gas was discovered...