Thursday 21 November 2019

India's oil demand to grow two-fold to 9m bpd by 2040: IEA

In an augury that recent initiatives between India and Gulf states such as the UAE and Saudi Arabia are on the right course, the International Energy Agency (IEA) has forecast that India’s oil demand would double in the next two decades. This will make India the single bigg


Dolphin-Fire Stop Silicone Sealant wins key approval

Dolphin-Fire Stop Silicone Sealant, a premium made in UAE brand, has won certification from Abu Dhabi Civil Defense, endorsing the unique quality of the product in ensuring fire safety in buildings.   The brand owned by Al Muqarram Group, manufacturer of a range


Five-day power link process for Dubai projects

Dubai Electricity and Water Authority (Dewa) has reduced the time to complete the one-step process for new connections of up to 150kW for commercial and industrial customers from seven to five days, waiving deposits and charges for the connections. “The move to reduce the t


Oil & gas to meet global energy demand in 2040: Opec

There will be a 25 per cent increase in total primary energy demand worldwide between 2018 and 2040, with oil and gas expected to meet most of this demand, Opec secretary general Mohammad Sanusi Barkindo told industry leaders at the Abu Dhabi International Petroleum Exhibition and Conference (A


NPCC accelerates five-year digital transformation plan

The National Petroleum Construction Company (NPCC), a part of Senaat Abu Dhabi, today (November 14) announced an ambitious five-year plan, backed by multimillion dirham investments, to transform its digital capabilities and meet the evolving needs of its clientele, employees and the region&rsqu


Adnoc signs key agreement with Abu Dhabi Ports, Aldar

Abu Dhabi National Oil Company (Adnoc) said it has signed comprehensive framework agreements with Abu Dhabi Ports and Aldar Properties to explore opportunities for collaboration in relation to its In-Country Value (ICV) Programme. The agreements potentially extend the reach of Ad


Dana Gas posts solid 9-month results; net profit up 246pc

Dana Gas, the Middle East's largest regional private sector natural gas company, has announced solid results for the period from January to September, registering a 246 per cent growth in its net profit which soared to Dh521 million ($142 million) from Dh149 million ($41 million) last year.


Averda seals waste disposal contract with Adnoc

Averda, a leading end-to-end waste management company in the emerging world operating across both the public and private sectors, said it has sealed a five-year contract with the Abu Dhabi National Oil Company (Adnoc), one of the world’s largest oil companies.   This co


Baker Hughes opens wellhead facility in Abu Dhabi

Baker Hughes, an energy technology solutions provider, has opened its new wellhead facility in Abu Dhabi, in partnership with its local channel partner, Al Ghaith Oilfield Supplies and Services, a media report said. The 1,200-sq-m facility will support wellhead repair and mainten


Adnoc plans $489m upgrade of key onshore field

The Abu Dhabi National Oil Company (Adnoc) has announced an investment of Dh1.8 billion ($489 million) to upgrade its giant Bab onshore field, one of its largest onshore producing assets, located 160 km southwest of Abu Dhabi. The investment will re-energize Adnoc’s first f

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