ADNOC Distribution raises 2019 dividend to AED 2.39 bln

Shareholders of ADNOC Distribution approved a significant increase in the company’s dividend policy...

Saipem awarded offshore drilling contracts

Italy’s Saipem said it won new offshore drilling contracts worth over US$200 million for work in Norway adn the Middle East...

Chariot awarded licence off Morocco

Chariot Oil & Gas has been awarded a 75 per cent interest and operatorship of the Lixus offshore licence in Morocco in partnership...

McDermott signs joint venture agreement with Zamil Offshore

McDermott International has signed a joint venture agreement with Zamil Offshore to target the Maintenance, Modifications and...

ADNOC signs long-term deal with China for base oil

ADNOC concluded a long-term sales agreement with the Xiamen Sinolook Oil Co., of China, for its high-quality base oil, ADbase...

NPCC sees 2018 revenues jump 7 per cent

NPCC, UAE’s EPC company, said it its 2018 revenues rose 7 per cent to 5.3 billion dirhams on increased project management work...

Saudi Aramco holds world’s most profitable company status

Saudi Aramco revealed long-held company secrets in a bond prospectus, showing it is the most profitable company globally...

ADNOC adds certifying bodies to its ICV programme

ADNOC expanded its In-Country Value programme by appointing six additional third-party certifying bodies to verify and measure...

ADNOC Drilling completes first well at Al Dabbyia

ADNOC Drilling completed its first fully ‘integrated drilling services’ well in the Al Dabbyia onshore field, in Abu Dhabi’s Al...

Shelf Drilling wins 3-yr contract for jack-up rig

Shelf Drilling won a three-year contract extension for High Island V jack-up rig for its existing customer.