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Adnoc signs deals for sale of up to 1.5m tonnes of naphtha
(The Gulf Today - 30/03/2018)

The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the signing of two new agreements, with Idemitsu Kosan of Japan and SCG Chemicals of Thailand, for a combined amount of up to 1.5 million tonnes of Naphtha per year.<br/><br/> These deals

Nakilat holds fourth Annual National Forum
(The Peninsula - 29/03/2018)

Nakilat recently held its fourth ‘Annual Forum’ for its Qatari employees. The event was an excellent platform for National employees to learn about the company’s career development plans and programs, interact with senior management members and have

Adnoc signs deals for sale of up to 1.5m tonnes of naphtha
(The Gulf Today - 29/03/2018)

The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the signing of two new agreements, with Idemitsu Kosan of Japan and SCG Chemicals of Thailand, for a combined amount of up to 1.5 million tonnes of Naphtha per year.<br/><br/> These deals

Dana Gas plans cash dividend despite sukuk dispute
(Gulf Times - 28/03/2018)

Dana Gas will seek shareholder approval to pay a dividend for 2017, it said on Sunday, in a move that could complicate its legal dispute with investors demanding that the company settles $700mn of Islamic bonds.<br/><br/> The United Arab Emirates energy

Dana Gas says Sharjah court issues anti-suit injunction against sukukholder BlackRock
(The National - 27/03/2018)

Dana Gas, the Sharjah company tangled in legal battles over the legality of its $700 million sukuk, said on Monday a UAE court has issued a new anti-suit injunction against BlackRock, the world’s biggest asset manager that holds Islamic bonds issued by

Adnoc awards $3.5bn contracts to Samsung Engg
(Trade Arabia - 27/03/2018)

Abu Dhabi National Oil Company (Adnoc) has announced the signing two major contracts between Adnoc Refining, a wholly owned subsidiary of Adnoc, and Samsung Engineering of South Korea worth in excess of $3.5 billion.<br/><br/> The signing of the two

WOQOD to invest QR634m in new projects in ’18
(The Peninsula - 26/03/2018)

Qatar Fuel (WOQOD) has announced to make huge investment this year as part of expanding its operations in Qatar. The main distributor of retail petroleum products in the country is set to spend QR634m in developing new projects, with special focus in

Dana Gas lifts Abu Dhabi; some Saudi blue chips in advance
(The Gulf Today - 26/03/2018)

Gulf stock markets were generally little changed on Sunday, though Abu Dhabi’s Dana Gas surged on news of plans for its first annual dividend for several years.<br/><br/> The Abu Dhabi index rose 0.8 per cent as Dana Gas jumped 8.3 per cent after the

Crescent, Dana to raise Kurdistan gas production
(Gulf News - 22/03/2018)

Pearl Petroluem, a consortium led by Crescent Petroluem and Dana Gas, on Wednesday said that it has signed a 10-year gas sales agreement with the Kurdistan regional government.<br/><br/> Under the agreement, it plans to supply and sell additional

Adnoc signs offshore concession deals with CNPC
(Trade Arabia - 22/03/2018)

The China National Petroleum Corporation (CNPC), the world’s third-largest oil company, has been awarded stakes in two of Abu Dhabi’s offshore concession areas following the signing of agreements with the Abu Dhabi National Oil Company (Adnoc)

Adnoc signs major offshore deals with Total
(Trade Arabia - 19/03/2018)

Abu Dhabi National Oil Company (Adnoc) today signed agreements with Total, awarding the French oil major stakes in two of Abu Dhabi's new offshore concessions. <br/><br/> Under the terms of the agreements, Total has been awarded a 20 per cent interest in

Adnoc, Géant sign retail agreement
(The Gulf Today - 18/03/2018)

Adnoc Distribution has unveiled a partnership with global retail brand Géant, in a clear signal that the UAE’s largest fuel and convenience store retailer is becoming more customer-centric in an effort to boost its financial performance.<br/><br/> Under

Dana Gas reports turnaround; $83m net profit for 2017
(Trade Arabia - 16/03/2018)

Dana Gas, the Middle East’s largest regional natural gas company, today reported full-year 2017 gross revenue and a net profit of $450 million and $83 million, respectively, compared to $392 million and a net loss of $88 million in 2016. <br/><br/> The

Nakilat showcases maritime & naval expertise at DIMDEX
(The Peninsula - 13/03/2018)

Nakilat is showcasing the world-class capabilities and infrastructure of Qatar’s premier shipyard at the Doha International Maritime Defence Exhibition and Conference (DIMDEX).<br/><br/> Now in its sixth edition, DIMDEX is held under the patronage of His

UAE’s ADNOC says awards Italy’s Eni stakes in new oil concessions
(Arab News - 12/03/2018)

Abu Dhabi National Oil Company (ADNOC) said on Sunday it had signed 40-year agreements with Eni , awarding the Italian company a 10 percent stake in its Umm Shaif and Nasr offshore oil concession and a 5 percent stake in Lower Zakum.<br/><br/> Eni has

Adnoc confirms increased focus on downstream industry
(The National - 08/03/2018)

Abu Dhabi National Oil Company, the UAE’s biggest producer of crude oil, affirmed its commitment to the downstream hydrocarbon industry as it boosts production to meet growing global demand for high-value refined and petrochemical products.<br/><br/>

Samsung Engineering wins $473m Adnoc project
(Trade Arabia - 08/03/2018)

Samsung Engineering has received a letter of award (LOA) from Adnoc Refining in Abu Dhabi, UAE, to deliver a new power and water generation plant for the company at a total contract value of $473 million.<br/><br/> The Waste Heat Recovery Project (WHRP)

ADNOC to build largest global refining & chemical site -CEO
(Arab News - 07/03/2018)

State oil giant Abu Dhabi National Oil Co. (ADNOC) plans to build the world’s largest integrated refining and chemical site in Ruwais, United Arab Emirates, ADNOC’s chief executive officer said on Tuesday.<br/><br/> Speaking at the CERAWeek conference in

GIS to invest QR1.5bn to improve efficiency
(The Peninsula - 06/03/2018)

Gulf International Services (GIS) has announced plans to make a huge capital expenditure in the coming years. The company, which is the largest services group in Qatar, will be investing QR1.5bn over the next five years, the Chairman of the Board of

Dana Gas gets $10.4m from sale of condensate
(Gulf News - 05/03/2018)

Dana Gas, the Middle East’s natural gas company, said it has received $10.4 million in February 2018 from the sale of 157,200 barrels of El Wastani condensate at an average price of $66.5 per barrel.<br/><br/> The sale marks the fourth cargo of Egyptian

Adnoc appoints NMC to manage Ruwais Hospital
(Trade Arabia - 05/03/2018)

The Abu Dhabi National Oil Company (Adnoc) has appointed NMC Healthcare to manage operations of Ruwais Hospital, bringing best-in-class medical services and experience to its employees, the Ruwais community and the broader Al Dhafra Region. Adnoc also

Nakilat expands joint venture partnership with Maran Ventures
(Gulf Times - 04/03/2018)

Nakilat has expanded its joint venture partnership with Greek shipping company Maran Ventures Inc to include two additional LNG vessels. Maran Nakilat Co was first established in 2005 with four jointly-owned LNG vessels, and was further expanded on

Woqod’s net profit grows by 9.2% to QR964m
(The Peninsula - 01/03/2018)

Woqod’s net profits for the year 2017, excluding minority interests, rose by 9.2 percent to QR964m, compared to the previous year’s QR883m. Return on share increased to QR9.7 from QR8.9 per share from a year ago. Ownership rights increased by about 1.1

Adnoc eyes global alliances to boost growth
(Trade Arabia - 01/03/2018)

The Abu Dhabi National Oil Company (Adnoc) is seeking to work more closely with global financial markets as it delivers its 2030 smart growth strategy, said Dr Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group CEO. Speaking at the Global

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