The company’s net profit jumped to $142mn in 9M 2019 compared to $41mn for the same period in 2018
Author Archives: Staff Writer
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In pictures: ADIPEC 2019
The landmark conference took place from 11-14 November in Abu Dhabi this year
Jaheziya partners with ADNOC to provide integrated emergency response services for Fujairah Oil Industry Zone
The MoA mandates Jaheziya to establish, manage and operate an integrated emergency response and management service centre at FOIZ that will also serve the ADNOC Main Oil Terminal
OPEC forecasts oil and gas will still supply most of global energy demand in 2040
Emerging markets are expected to drive 25% of growth in global energy demand by 2040
ADNOC partners with Total to use drones in search for oil and gas resources
The pilot project uses Total’s Multiphysics Exploration Technologies Integrated System (METIS®), the world’s first automated seismic acquisition system
ADNOC forms joint venture to commercialise AI products
ADNOC will leverage G42’s CPU and GPU-based computing clusters, world-class data scientists, software engineers, and domain experts, and G42 will have access to ADNOC’s petabytes of archival data as it develops new AI solutions for the oil and gas industry
Averda starts delivering on five-year offshore services contract with ADNOC
This latest contract scope of work comprises manual and mechanical sweeping services and general and hazardous waste collection, transportation and disposal from all five of ADNOC’s major offshore oil and gas developments
APICORP invests in Al Khorayef United Holding
APICORP has made its first equity investment in Kuwait
Goldman Sachs top M&A financial advisor for oil & gas: GlobalData
The firm was an advisor on 17 deals worth a total $214.4bn in the oil and gas sector