For the next 14 months, the giant rig, visible for miles across ... that oil was finally struck off the coast of Abu Dhabi. The long-promised oil revenue came in 1962. Ras Sadr remained a monument ...

EU regulators to decide on ADNOC's Covestro deal by May 12 EU antitrust regulators will decide by May 12 whether to clear Abu Dhabi state oil giant ADNOC's 15.9 billion euro ($17.2 billion ...

In 2023, ADNOC has allocated an initial $15 billion over the next five years to advance lower-carbon solutions to achieve net zero by 2045. In May 2023, the company announced a low-carbon LNG growth ...

Rig NDC Al Bzoom, which is a BAKER MARINE BMC- 150-IC design with a rated water depth capacity of 110 ft and drilling depth of 18,000 ft., will be used to drill oil wells in Abu Dhabi’s offshore ...

Abu Dhabi's economy expanded by 3.8 per cent annually in 2024 to reach an all-time high value of Dh1.2 trillion as the ...

Abu Dhabi National Oil Co. (ADNOC) and Austrian energy and chemicals producer OMV are merging some petrochemicals and plastics units to form Borouge Group, a company valued at more than $60 billion.

Schlumberger, the leading oilfield services company, and Abu Dhabi National Oil Company (ADNOC), one of ... including a custom-built training rig. The land on which the centre was built was ...

Keppel FELS has delivered a KFELS B Class jackup rig to National Drilling Company of Abu Dhabi 18 days ahead of schedule. Keppel FELS has delivered a KFELS B Class jackup rig to National Drilling ...

has released preliminary statistical estimates for Abu Dhabi’s Gross Domestic Product (GDP) for 2024, showing significant annual economic growth driven by the thriving non-oil sector. The 2024 GDP ...

ADNOC has started trading Dubai crude oil through the S&P Global Platts pricing process, a rare action for a Middle Eastern national oil company. These trades impact the Dubai/Oman average, a key ...

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