SFO charges former Petrofac execs with UAE bribery
Chedid and Salibi are due to appear in Westminster Magistrates’ Court on February 19, 2024 to hear the charges.
Upper Zakum
Oil’s push toward $90 gets lift from physical markets everywhere
As headline oil prices edge ever closer to $90 a barrel, there’s little sign of a let up in the day-to-day demand that’s underpinned the rally.
Adnoc Drilling claims longest well record
Adnoc Drilling has drilled a new world record for the longest well, at the Upper Zakum concession.
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.
Schlumberger and Halliburton win big as ADNOC dishes out $764million unified contract
ADNOC has dished out a unified drilling contract worth $763.7million, with Schlumberger and Halliburton landing sizeable shares.
Adnoc lifts destination restrictions, signs Chinese MoUs
Adnoc has signed up two more potential Murban Futures customers and lifted destination restrictions, in addition to providing more market information.
Adnoc dishes out pipeline, terminal work
Adnoc Onshore has awarded engineering, procurement and construction (EPC) contracts for two main oil lines at the Jebel Dhanna terminal.