Oil & Gas Operators

ADNOC and Turkmengaz Will Develop the Third Phase at Galkynysh

The national oil company from the UAE – Abu Dhabi National Oil Company (ADNOC) – has agreed with Turkmenistan to participate in the development of the world’s second largest natural gas field. The memorandum of understanding concluded between the companies on the development of the largest gas field in the …

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Oil & Gas Operators

Turkmengaz and The Emirates ADNOC Intend to Work on The Development of The Galkynysh Gas Field

The parties signed a memorandum of understanding on cooperation in the development of this field. Turkmengaz and the Abu Dhabi National Oil Company (ADNOC) signed a memorandum of understanding on cooperation in the development of the largest gas field in Turkmenistan – Galkynysh. The document was signed following the visit …

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Conferences & Exhibitions

“TAGRAS” is Increasing Business Contacts Abroad

Representatives of TAGRAS held a number of working meetings in Abu Dhabi and took part in the international exhibition and conference ADIPEC-2023. The delegation led by the General Director of the Holding Lenar Nazipov included the divisions of TNG-Group, TMS Group, Sistema-Service and TAGRAS-RS. Lenar Nazipov held negotiations with the …

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Oil & Gas Operators

CNBC: ADNOC to Spend $1 Billion a Month on Fossil Fuels, According to Global Witness Research

CNBC has exclusively received a new analysis from Global Witness, an international non-governmental organization, that says UAE oil giant ADNOC, led by Sultan Al Jaber, who is also president of the COP28 climate conference, plans to spend an average of $1.14 billion a month just on oil production and gas …

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Oil & Gas Operators

Azerbaijan Expects 4-fold Increase in Annual Gas Production from Absheron – Minister of Energy

Azerbaijan expects a 4-fold increase in annual gas production from the Absheron gas condensate field in the Caspian Sea to 6 billion cubic meters, Energy Minister Parviz Shahbazov said. “We (Thursday in Baku – IF) took part in the ceremony of extraction of the first gas from the Absheron field. …

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Oil & Gas Operators

SOCAR and ADNOC Discuss Cooperation Within Development of Absheron Field

SOCAR President Rovshan Najaf met with Abu Dhabi National Oil Company (ADNOC) Executive Director Musabbeh Al Kaabi. “At the meeting, it was noted that the agreement signed in August this year between SOCAR, TotalEnergies and ADNOC on the sale of a 30% stake in the Absheron gas condensate field development …

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Oil & Gas Operators

Emirati ADNOC Acquires 30% Stake in Absheron Gas Condensate Field Development Project – SOCAR

Emirati ADNOC acquires 30% stake in Absheron gas condensate field development project – SOCAR The Abu Dhabi National Oil Company (ADNOC) has become a shareholder in the project to develop the Absheron gas condensate field in the Caspian Sea, having bought 15% of the shares from SOCAR (State Oil Company …

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Oil & Gas Operators

ADNOC Concludes First Global Gas Deal with Azerbaijan

Abu Dhabi National Oil Company Adnoc has agreed to buy a 30% stake in the Absheron gas field in the Caspian Sea, the state company said in a statement. Azerbaijan’s state oil company Socar and its French partner TotalEnergies SA will sell Abu Dhabi’s national oil company Adnoc a 15% …

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Service Companies & Manufactures

Digitalization of Oil & Gas Industry in the Middle East. ITPS at MEOS GEO 2023

Experts of the ITPS group of companies took part as a delegate in the exhibition and conference MEOS GEO 2023 (February 19-21, 2023, Bahrain) – the main industry event in the Middle East, dedicated to the exploration and production of oil and gas. With over 40 years of experience and …

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Oil & Gas Operators

Abu Dhabi National Oil Company (ADNOC) and Eni Explore Further Opportunities to Positively Contribute to Increasing Worldwide Gas Supply Security

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Abu Dhabi National Oil Company (ADNOC) Managing Director and Group CEO, and Claudio Descalzi, Eni’s Chief Executive Officer, met in Abu Dhabi today to discuss the progress of the company’s activities in the Emirate of …

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