Friday 15 November 2019
 
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Lebanese oil & gas groups take part in Adipec

The Lebanese Petroleum Administration and the team behind the organisation of 6th Lebanon International Oil & Gas Summit (LIOGS) will be exhibiting at Adipec 2019 opening today (November 11) in Abu Dhabi, UAE. Attracting over 750 delegates, LIOGS is set to return to Beirut fr

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Dana Gas’s 9-month collections up 16.7pc to $230m

Dana Gas, a leading natural gas company, said that in the first nine months of 2019, collections in Egypt, the UAE and from its share of Pearl Petroleum’s sales in the Kurdistan Region of Iraq (KRI), increased 16.7% year on year to $230 million. Dana Gas, which owns a 35% s

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Adnec ‘ready to host Adipec’

The Abu Dhabi National Exhibitions Company (Adnec) said it has finalised its preparations to host the Abu Dhabi International Petroleum Conference (Adipec) from November 11 to 14. Being held under the patronage of Sheikh Khalifa Bin Zayed Al Nayhan, President of the UAE, Adipec i

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Saudi Aramco issues prospectus for IPO

Saudi Arabian Oil Company (Saudi Aramco) has issued a prospectus for its initial public offering (IPO) on the Saudi Stock Exchange (Tadawul).   The offering period for the institutional subscribers begins on November 17 and closes at the end of December 4. The

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Masdar signs landmark Uzbek solar power project agreement

Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) and a government support agreement (GSA), with Uzbekistan to design, finance, build and operate the country’s first solar power plant through a public-private partnership (PP

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Emirates Steel to showcase new range of products at Adipec

Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (Senaat), will be showcasing its range of steel products, services and solutions tailored for the energy sector at the upcoming Abu Dhabi International Petroleum Exhibition & Con

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Global oil & gas M&A deals in Sept top $16.8bn

Total oil & gas industry M&A (merger and acquisition) deals in September 2019 worth $16.81 billion were announced globally, according to the deals database of GlobalData, a leading a data analytics and consulting company. The value marked a decrease of 51.9 per cent over

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Weir awarded contract with Cortec

Weir Oil & Gas announced it has signed a contract with Cortec USA to provide authorised repairs, specifically for Cortec’s Chokes, Valves, Manifolds and API accessories product range.    The Authorised Repair Facility agreement will see Cortec&rsq

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Abu Dhabi Taqa's nine-month revenue hits $3.53bn

Abu Dhabi National Energy Company (Taqa) has reported a steady revenue of Dh13 billion ($3.53 billion) for the nine-month period ending September 30, 2019, a slight decrease of three per cent compared to the corresponding period last year.   Announcing its finan

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Saudi Aramco wins big at SPE summit in Canada

Saudi Aramco won six prestigious awards from the Society of Petroleum Engineers (SPE) 2019 Annual Technical Conference and Exhibition held recently in Calgary, Canada. The SPE is the largest individual organization serving managers, engineers, scientists, and other professionals

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