Masdar will invest EUR817m in the transaction, which values the portfolio at EUR1.7bn, making it one of Spain’s largest renewable energy deals
Customer financing increased by 15 per cent YTD, with Dhs16bn of new financing extended in the January-June period
AW Shipping, ADNOC L&S’s joint venture with Wanhua Chemical Group, awarded shipbuilding contracts to Jiangnan Shipyard in China
OPEC+ is currently cutting output by about 5.7 per cent of global demand, in a series of steps agreed since late 2022
Investor demand was strong, with the order book peaking at $4.6bn, representing an oversubscription rate of 4.6 times
The kingdom wants to be the world’s biggest supplier of hydrogen, Saudi Energy Minister Prince Abdulaziz bin Salman al-Saud said in 2021
The project will extend ADNOC Gas’ natural gas pipeline network in the UAE by about 300 kilometres
The initial estimated area of the newly discovered oil well is around 96 square kilometres
The company will begin with an initial supply of 19,500 tonnes in 2027, with a maximum contract value of $431m
This marks the world’s first offshore deployment of AIQ’s RoboWell, according to a statement by ADNOC
OPEC’s report points to an oil supply deficit in coming months
Demand for the three tranches topped $31.5bn, drawing over $11bn for each of the 10- and 30-year tranches and more than $9.5bn for the 40-year bonds
The state energy giant said it now has buyers lined up for 70 per cent of the plant’s 9.6 million-tonne annual production capacity
The agreements include gas and crude oil exploration projects in the Mediterranean, Nile Delta and Western Desert
Saudi exports to China had tumbled in June, to 1.12 million barrels per day, the lowest since March 2020
BiOD Technology is known for converting used cooking oils and palm oil mill effluent into clean biodiesel
Adelaide-based Santos is among Australia’s top three producers of liquified natural gas
The platform’s extensive reach allows investors from multiple jurisdictions to participate in trading the Murban Crude oil futures
The companies are expected to get the offtake at a lower price compared to the market, but with less flexibility, Reuters reported
With global LNG demand expected to grow 50 per cent by 2030, ADNOC is tapping opportunities around the world including with US players
The credit facility is part of JBIC’s GREEN lending programme and is partially supported by Japanese commercial banks
The Gulf energy giants have been conducting preliminary evaluations of Santos as a possible acquisition target
The design of the rig operating systems will leverage real-time condition, performance, and utilisation data to generate actionable insights
The new vessels will increase the company’s fleet of LNG carriers from 14 to at least 22 vessels
The Tashkent Riverside project includes a 500MWh battery energy storage system – the largest in Central Asia – and a 200MW solar project
The country fully awarded 20 cargoes of LNG in June to cover heavy summer demand from July through September
Saudi Energy Minister Prince Abdulaziz bin Salman confirmed the discovery by state oil firm Saudi Aramco
The consortium will investigate the feasibility of a large-scale, multi-phase project focused on the development and export of green hydrogen and its derivatives
Recent data showed that oil production and demand for major products rose to a four-month high in April, supporting prices
The development of the Jafurah field is expected to cost $100bn and boost the state energy firm’s gas production by more than 60 per cent by 2030