Browsing: Oil and gas

Saudi Aramco has signed an $11 billion lease and leaseback agreement for its Jafurah gas…

The UAE’s Dana Gas PJSC, the region’s largest private sector natural gas producer, posted a…

Abu Dhabi National Oil Company (ADNOC) has secured its position among the world’s top energy…

ADNOC Drilling has achieved full fleet utilisation, reaching 100 percent, following the commencement of operations…

Kuwait has launched the merger of two major oil sector companies — Kuwait National Petroleum…

Japanese drone technology leader Terra Drone Corporation has signed a Memorandum of Understanding (MOU) with…

ADNOC Group’s listed companies reported AED 182.4B (USD 49.7B) in revenue for 2024, with EBITDA reaching AED 58.7B (USD 16B) and net profit exceeding AED 33B (USD 9B). The six firms plan to distribute AED 24.6B (USD 6.7B) in dividends, subject to shareholder approval, reinforcing their strategies for sustainable growth and shareholder returns.

Italy’s gas grid operator Snam has announced its decision to sell its indirect minority stake…

Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated economic zones, and UAE-based Apex Engineering Industries have announced a 50-year land lease for the construction of a cutting-edge facility in KEZAD Area A – Al Ma’mourah.

The 9th Mozambique Gas & Energy Summit & Exhibition, scheduled for November 20 – 21,…