ADNOC and IBM pilot oil and gas blockchain application

ADNOC has collaborated with IBM to pilot a Blockchain-based automated system to integrate oil and gas production across the full...

OPEC, Russia+ agree to 2019 production cuts

OPEC and Russia along with partners agreed to cut oil production by 1.2 million barrels per day effective Jan. 2019 for an initial...

SABIC extends JV with Japan’s methanol company

Saudi Arabia’s SABIC said it signed an agreement with the Japan Saudi Arabia Methanol Company (JSMC), renewing its partnership in...

ADNOC Distribution opens first service station in Saudi Arabia

ADNOC Distribution began fuel and convenience retail operations in Saudi Arabia, with two service stations opening this week...

ADNOC’s logistics unit and Inpex sign LNG bunkering agreement

ADNOC’s logistics unit and Japan’s Inpex signed a framework agreement for an LNG bunkering partnership in the UAE.

Qatar to withdraw from OPEC

Qatar on Monday announced intentions to leave OPEC starting Jan 1 2019 to focus on its gas production strategy.

Bilfinger and U.S. group RATE partner for Middle East growth

Bilfinger and RATE signed an agreement to set up a sour-gas focused partnership that would position both companies to accelerate...

Saudi Aramco awards BHGE well services contract

Baker Hughes, a GE company is awarded a stimulation and well-testing contract by Saudi Aramco for optimising production from Saudi...

ADNOC moves to expand CO2 capture to boost oil recovery

ADNOC is moving ahead with plans to expand the carbon capture, storage and utilisation from Habshan-Bab or Shah gas plants...

Boskalis awarded Saudi Aramco contract for offshore facilities

Boskalis along with partner Lamprell has been selected as a contractor on Saudi Aramco's long term agreement for offshore...