Monday 2 February 2015
 
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Total wins share of new Abu Dhabi concession

Total has signed an agreement to take a 10 per cent stake in a new 40-year onshore concession in Abu Dhabi in the United Arab Emirates (UAE), the French oil group said on Thursday. Nine Asian and western firms had bid for stakes i

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Adco to invest up to $7bn to raise output

Abu Dhabi Company for Onshore Oil Operations (Adco) plans to invest between $5 billion and $7 billion in the next three years to raise output by 12.5 per cent, its chief executive said.   The state-owned crude oi

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SNC-Lavlin wins Adco Feed deal

SNC-Lavalin has won a contract from Abu Dhabi Company for Onshore Oil Operations (Adco) to provide a front-end engineering design (Feed) study for Phase 2 of the Qusahwira Oil Field. Adco is a subsidiary of Abu Dhabi National Oil

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UAE to take full control of Adco oilfields

Abu Dhabi National Oil Company (Adnoc) will take full control of the Adco oil concession when the decades-old partnerships with some of the world's bigest oil companies ends in a few days' time, two industry sources said on Wednesday.

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Total to mark 75 years in UAE

Total, a French multinational integrated oil and gas company, is set to mark 75 years of presence in the UAE, its largest base in the Middle East, with the renewal of its license in Adco next year. The firm is involved in eight hy

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BP hopes to join UAE oil bidding

  Oil major BP, shut out of pre-qualification bidding to develop Abu Dhabi's largest onshore oil fields, is hopeful it can be included in the process and is waiting to hear soon on the issue, chief executive Bob Dudley said o

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Adnoc to tender for oil concession renewal

The concession for Abu Dhabi Company for Onshore Oil Operations (Adco) will be put to tender when they come up for renewal in 2014, the director general of Abu Dhabi National Oil Company (Adnoc) said. The UAE's concessions system allows oi

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UK jobsite, Adco in expansion tie-up

UK-based Oil and Gas Job Search, a leading industry jobsite, has partnered with Abu Dhabi Company for Onshore Oil Operations (Adco) in a move to expand its Middle East operations. The online jobs company, which is planning to open a new of

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UAE aims to become top sulphur exporter

The United Arab Emirates plans to produce 22,000 tonnes of sulphur a day by 2015, which positions it to be a leading world sulphur exporter, said an executive at state-owned Abu Dhabi Gas Development Co (Adco) Production at the high sulphu

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ABB wins $24m Abu Dhabi contract

ABB has won a $24 million order from top oil and gas facilities service provider Petrofac to design and deliver comprehensive power infrastructure, systems and automation equipment for its ASAB project in Abu Dhabi. A leading power and aut

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