RWE confirms Emirati firm Lamprell as Norfolk Vanguard supplier
RWE has confirmed Lamprell as the supplier of 184 transition pieces for its UK Norfolk Vanguard West and Vanguard East offshore wind farms.
United Arab Emirates (UAE)
Former BP boss Bernard Looney linked with Abu Dhabi role
The former BP chief reportedly met with senior figures in Abu Dhabi, including the head of Adnoc.
UAE oil giant buys into NextDecade LNG in first US deal
The United Arab Emirates’ main oil company bought a stake in NextDecade Corp.’s (NYSE:NEXT) natural gas export project in Texas, in a first US acquisition that also gives it a 20-year supply deal.
UAE bans tankers flying Cameroon flag on safety concern
The United Arab Emirates banned ships arriving in its waters that sail under the flag of Cameroon — a move that distances the emirate from risky vessels that have been assembled to transport sanctioned oil.
UAE state-owned oil firm ADNOC invests in UK carbon capture firm Storegga
Carbon capture firm Storegga is a partner in the Acorn and Trudvang CCS projects
UAE’s Masdar buys into £11bn UK wind farm
Masdar, the UAE state-owned renewables firm, has acquired a 49% stake in a major UK wind project in the North Sea.
UAE poised for 2024 output boost on quota change
The United Arab Emirates will increase its output target to 3.075 million barrels a day in January, or about 135,000 barrels a day more than it pumped last month.
Wintershall Dea takes Ghasha charge
Smith declined to comment on recent speculation that Wintershall was considering a sale of its stake in Ghasha.
Lamprell welcomes back COO Neil Millar following 6 years away from the firm
Lamprell has announced that Neil Millar will be returning to the business as its newly appointed chief operating officer, following six years away from the firm.
Petrofac lands EPC contract with ADNOC in the UAE
The UK-based Petrofac (LON: PFC) has secured an engineering, procurement and construction (EPC) lump-sum contract with ADNOC in the United Arab Emirates (UAE).
Adnoc, TotalEnergies to deepen co-operation, with state backing
Adnoc and TotalEnergies have signed a deal to work together, while France and the United Arab Emirates have also made high-level commitments.
ADNOC looks to Aberdeen’s ‘tartan’ revolution for $5bn UAE opportunity
ADNOC has hailed a “tartan” energy revolution in Aberdeen while seeking supply chain partners for a $5bn opportunity in Abu Dhabi.
Trafigura warns high prices to continue on under-investment
Trafigura has warned of further challenges for the energy, and metal, markets, with higher prices for some time, although also reporting record profits.
Norwell Engineering secures major contract to deliver first integrated decom project
Aberdeen-headquartered Norwell Engineering has secured a multi-million dollar contract for work in the United Arab Emirates (UAE).
Security risks abound for MENA oil supply
The Middle East and North Africa region is at “growing risk” of oil supply disruption, a new analysis from Verisk Maplecroft has reported.
Boris Johnson heads to Saudi Arabia as he seeks to wean West off Putin’s oil
Boris Johnson has declared Saudi Arabia and the United Arab Emirates "key international partners" in efforts to reduce dependence on Russian energy after the invasion of Ukraine.
Oil’s wild week continues as prices recover after huge slump
Oil edged higher after the biggest drop since November as the fallout from Russia’s invasion of Ukraine continues to rattle markets.
Adnoc CEO visits workers in hospital following drone strike
The chief executive of Adnoc has visited a hospital where workers injured in a rumoured terrorist attack are being treated.
ADNOC unveils £2.7billion electrification project for huge offshore oil and gas fields
ADNOC has unveiled a £2.7billion development for electrification of giant offshore oil and gas fields off Abu Dhabi.
Fuel shortages drive “range anxiety” woes
UK drivers face “range anxiety” as a result of fuel shortages, while a cold winter could push Brent prices to $100 per barrel, BofA Securities has warned.
End of Petrofac investigation will unlock ‘lucrative’ Saudi and UAE markets
An investigation into allegations of bribery at Petrofac, which wrapped up yesterday, “will unlock the lucrative” Saudi Arabia and United Arab Emirates (UAE) markets.
Petrofac fined £77 million for failing to prevent bribery
Petrofac (LSE: PFC - 192.4p) has been ordered to pay £77 million over seven separate counts of failure to prevent bribery between 2011 and 2017.
Updated: Petrofac charged with seven separate offences of failing to prevent bribery, intends to plead guilty
Energy services giant Petrofac has been charged with seven separate offences of failing to prevent bribery between 2011 and 2017.
OPEC+ deal fails, leaving oil market tighter as prices surge
OPEC+ abandoned its meeting without a deal, tipping the cartel into crisis and leaving the oil market facing tight supplies and rising prices.
Africa Oil Week heads to Dubai, in Cape Town loss
Africa Oil Week will be held in Dubai this year, with the organisers highlighting the location as a safe alternative to Cape Town.