ADNOC Distribution will install solar panels across its service station network in a phased approach starting in Dubai this year, the company announced on Thursday. For the solar rollout, the company has partnered with Emerge, a joint venture between Masdar and EDF, to provide ADNOC Distribution with a full turnkey solution including finance, design, procurement, […]
Author Archives: Faiza Rizvi
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ADNOC partners with French company to design unmanned ROVs
ADNOC’s shipping unit ADNOC Logistics & Services has partnered with French marine and energy services firm SeaOwl to develop unmanned remotely operated vessels as part of its sustainability efforts. The vessels will be designed to reduce up to 30% of carbon emissions, with its smart automation systems capable of optimising routes, further contributing to ADNOC […]
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NEOM awards $1.5 billion contract to connect cities for gigaproject
NEOM has awarded contracts worth $1.5 billion to Italian company Webuild and its joint-venture partner Shibh Al Jazira Contracting Co (SAJCO) to design and build 57 kilometers of a high-speed railway in NEOM, along the north Red Sea coast of Saudi Arabia. The contract covers the design and build for a railway connecting THE LINE, […]
Posted inDRILLING & PRODUCTION, Exploration & Production
ADNOC Drilling eyes major drilling growth in Abu Dhabi
In an exclusive interview with Oil & Gas Middle East, CEO of ADNOC Drilling Abdulrahman Abdulla Al Seiari, discusses the company’s fleet expansion, first-quarter results, and increased decarbonisation focus. Can you discuss what projects/plans are in the pipeline for ADNOC Drilling? The pipeline of opportunities in Abu Dhabi is vast and remains our number one […]
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UAE announces major tax update for multinational companies
The UAE has introduced new rules for companies liable to pay Corporate Tax in the country. A Ministry of Finance decision outlines the need for transparency for multinational companies when pricing transactions between related parties. Records and documentation must be kept for firms: UAE corporate tax The Ministry of Finance has issued the Ministerial Decision No (97) of 2023 […]
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Inside Qatar’s $6 billion Ras Laffan petrochemicals project
QatarEnergy is building an integrated polymer olefins and polyethylene complex in Qatar’s Ras Laffan Industrial City. The Ras Laffan Petrochemical Complex will be located in the Ras Laffan Industrial City (RLIC), 80km north of Doha in Qatar. RLIC is a 294 km sq industrial hub owned and operated by QatarEnergy. It is home to many international […]
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Update: Aramco clarifies stand on slowing down hydrogen plans
Saudi oil giant Aramco clarified it is not pausing its plans for blue hydrogen, adding that media reports with these “claims are inaccurate.” “The company’s goal of producing up to 11 million tons of blue ammonia, a carrier of blue hydrogen, by 2030 remains unchanged,” Aramco noted in a press release. In a call with […]
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Italian company wins $439 million contracts for Aramco’s Zuluf development
Italian company Fisia Italimpianti has announced winning two contracts worth $439 million for the construction and management of a water treatment plant for Aramco’s giant Zuluf development program. The contracts mark Fisia Italimpianti’s entry into the oil and gas industry and return to the operation and maintenance segment of the water sector. The first contract, […]
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Canrig opens expanded manufacturing facility in Saudi Arabia
Global supplier of rig technology Canrig has opened its newly expanded manufacturing and repair facility in the Kingdom of Saudi Arabia. On Thursday, May 11, Canrig hosted executives and customers onsite to participate in interactive demonstrations of the Automated Power Catwalk and to hear how Canrig can elevate drilling operations while providing regional value and […]
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‘Very expensive’: Aramco puts blue hydrogen plans on hold as high cost puts off buyers
Saudi oil major Aramco is putting its ambitious blue hydrogen plans on hold due to the high costs involved and the lack of off-takers, CEO Amin Nasser told analysts on Tuesday. Even though Aramco has already sent shipments of blue hydrogen (in the form of blue ammonia) to both Japan and South Korea, Nasser said […]
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