Abu Dhabi National Oil Newswire

Abu Dhabi National Oil Newswire

Comprehensive Real-Time News Feed for Abu Dhabi National Oil.

Results 1 - 20 of 401 in Abu Dhabi National Oil

  1. IEA Executive Director and OPEC Secretary General to Deliver Remarks at CERAWeek by IHS Markit 2018Read the original story w/Photo

    8 hrs ago | Business Wire

    ... arkit (Nasdaq: INFO). H.E. Sultan Ahmed Al Jaber, minister of state in the United Arab Emirates, CEO, Abu Dhabi National Oil Company (ADNOC)

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  2. Abu Dhabi broadens oil partnerships in $1.5-billion Cepsa dealRead the original story

    Monday | World Oil

    Abu Dhabi's selection of a Spanish company to help it develop offshore oil fields is a sign of the Gulf producer's push to diversify its partnerships while working to boost production capacity and secure long-term markets for crude. Government-owned Abu Dhabi National Oil Co.

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  3. Abu Dhabi Awards Oil Field Stake to Cepsa for $1.5 Billion 3 hours agoRead the original story w/Photo

    Sunday Feb 18 | Bloomberg

    Abu Dhabi awarded a second slice of its offshore oil concessions in as many weeks, this time to Spanish refiner and producer Abu Dhabi National Oil Co. awarded Madrid-based Cepsa a 20 percent stake in development rights for the Sateh Al Razboot and Umm Lulu fields in the Persian Gulf, Adnoc said Sunday.

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  4. Adnoc Signs New Offshore Concession Agreement With CepsaRead the original story w/Photo

    Sunday Feb 18 | Al Bawaba

    The agreement was signed by Sultan Ahmed Al Jaber, ADNOC Group Chief Executive Officer, and Pedro Miro, Vice Chairman and CEO of Cepsa. On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company today signed an agreement with Cepsa, a Spanish integrated oil and gas company, awarding it a 20% stake in Abu Dhabi's offshore SARB and Umm Lulu concession.

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  5. South Asia in - Thucydides Trap'Read the original story w/Photo

    Thursday Feb 15 | Daily Times

    ... of understanding in the fields of energy, defence and education. An agreement has been signed by the Abu Dhabi National Oil Company to give a consortium of Indian companies a stake in one of the emirate's oil concessions, which would eventually pave ...

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  6. Adnoc Implements In-Country Value Program in Support of Uae's Private SectorRead the original story w/Photo

    Wednesday Feb 14 | Al Bawaba

    The Abu Dhabi National Oil Company , announced today, that it has launched the implementation phase of its new In-Country Value strategy, aimed at increasing the company's ICV contribution and strengthening its relationship with the UAE's private sector. All business partnerships with ADNOC now include an ICV assessment as part of the tender evaluation and award process.

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  7. Abu Dhabi oil lease price to emerge after all bids come: PradhanRead the original story

    Tuesday Feb 13 | Newkerala.com

    New Delhi, Feb 13 : The price that India will pay for the 10 per cent concession in Abu Dhabi's Lower Zakum oilfields will emerge after the bids are in for the remaining 30 per cent that the Emirate intends to lease out, Union Minister for Petroleum and Natural Gas Dharmendra Pradhan said on Tuesday. He also said the first oil from the Abu Dhabi National Oil Co for India's strategic petroleum reserves at Mangalore - under an agreement signed with the Indian Strategic Petroleum Reserves Ltd. during Prime Minister Narendra Modi's visit to the UAE last week - would be arriving in May this year.

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  8. First Abu Dhabi oil to flow for Mangalore storage by MayRead the original story w/Photo

    Tuesday Feb 13 | The Times of India

    State-run Indian Strategic Petroleum Reserves Ltd signed an agreement with ADNOC for using part of storage capacity at Mangalore during Prime Minister Narendra Modi's recent visit to Abu Dhabi. NEW DELHI: India expects first crude from Abu Dhabi National Oil Company to flow for filling half of the Mangalore storage facility by May, according to oil minister Dharmendra Pradhan.

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  9. India gains sweet spot with PM Modi's oil storage dealRead the original story w/Photo

    Monday Feb 12 | The Times of India

    NEW DELHI: Prime Minister Narendra Modi's visit to west Asia has cleared the way for turning India into a regional oil storage and trading hub, with Abu Dhabi National Oil Company getting ready to park its crude in Indian storage facility. This will be the first investment from the UAE into an Indian oil project, marking the turning point in New Delhi's buyer-seller relationship with West Asian oil producers.

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  10. Indian companies pay $600 million for stake in Abu Dhabi oil concessionRead the original story

    Monday Feb 12 | World Oil

    Indian companies agreed to pay $600 million for a stake in one of Abu Dhabi's biggest offshore oil concessions, securing a share in the emirate's crude production for the first time. State-owned Oil and Natural Gas Corp. and two other Indian companies will take a 10% share of the concession to pump crude from the Lower Zakum field, under a 40-year contract in partnership with Abu Dhabi National Oil Co., according to an Adnoc statement.

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  11. India gains sweet spot with PM's oil storage dealRead the original story w/Photo

    Monday Feb 12 | The Times of India

    ADNOC will park 5,860,000 million barrels, or a little less than a million tonne, of crude at ISPRL's Mangalore storage facility ISPRL's Mangalore storage consists of two compartments with a total storage capacity of one and a half million tonne NEW DELHI: Prime Minister Narendra Modi's visit to west Asia has cleared the way for turning India into a regional oil storage and trading hub, with Abu Dhabi National Oil Company getting ready to park its crude in Indian storage facility. This will be the first investment from the UAE into an Indian oil project, marking the turning point in New Delhi's buyer-seller relationship with West Asian oil producers.

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    Monday Feb 12 | Al Bawaba

    The Abu Dhabi National Oil Company has announced a significant milestone for one of its youngest operating companies, Al Dhafra Petroleum, with a major capital investment to establish facilities and enable oil production from Haliba field, located along the south-east border of Abu Dhabi. ADNOC's plans to start production from Haliba with an initial capacity of 20,000 barrels of oil per day by mid-2019, progressively increasing to 40,000 barrels per day by 2020.

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  13. ONGC-led group gets stake in ADNOC offshore oil concessionRead the original story w/Photo

    Sunday Feb 11 | The Times of India

    An ONGC- led consortium has become the first group to win a stake in Abu Dhabi National Oil Company's 40 year offshore oil concession The contract signing was attended by was attended by PM Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan ABU DHABI/DUBAI: A consortium led by Oil and Natural Gas Corporation has become the first group to win a stake in Abu Dhabi National Oil Company 's 40 year offshore oil concession, a deal set to help the UAE expand its foothold in Asia.

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  14. India to buy first stake in Abu Dhabi oil fields for $600 mnRead the original story

    Sunday Feb 11 | Newkerala.com

    Abu Dhabi, Feb 11 : Prime Minister Narendra Modi's second visit to the UAE has resulted in an Indian consortium gaining stake for the first time in Abu Dhabi's massive oil resources. An MoU was signed here on Saturday between an Indian consortium comprising state-run explorer ONGC Videsh, Bharat PetroResources, Indian Oil and the Abu Dhabi National Oil Co for acquisition of 10 per cent participating interest in its offshore Lower Zakum Concession.

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  15. India signs first concessional agreement with UAE in oil sectorRead the original story

    Sunday Feb 11 | Newkerala.com

    Abu Dhabi [United Arab Emirates], Feb 11 : India on Saturday signed the first concessional agreement with the United Arab Emirates in the oil sector. "The single most important agreement that was signed and which reflects a change in our energy relationship with the UAE was the one signed between a consortium of the Indian oil companies and Abu Dhabi National Oil Company for the acquisition of 10% participating interest in the offshore Lower Zakum Concession," said Indian Ambassador to the UAE Navdeep Singh Suri in a media briefing.

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  16. PM meets Crown Prince of Abu Dhabi; India, UAE sign 5 pactsRead the original story w/Photo

    Saturday Feb 10 | Rediff.com

    ... railways, manpower and financial services. An MOU between Indian Consortium (OVL, BPRL & IOCL) and Abu Dhabi National Oil Company (ADNOC) was signed for the acquisition of a 10 per cent participating interest in the Abu Dhabi's offshore Lower Zakum ...

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  17. ADNOC tower lights up in colours of Indian FlagRead the original story

    Saturday Feb 10 | Newkerala.com

    Abu Dhabi [United Arab Emirates], Feb 10 : The state-owned oil company of the United Arab Emirates Abu Dhabi National Oil Company has lit up in the colours of the Indian national flag ahead of Prime Minister Narendra Modi's visit to the country. Prime Minister Modi is scheduled to arrive in UAE on the evening of February 10. He will emplane for his second leg of the trip to Abu Dhabi at 01.10 pm from Queen Alia Airport in Amman.

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  18. India Wins Piece of Abu Dhabi Oil With Stake in $6 Billion FieldRead the original story w/Photo

    Saturday Feb 10 | Bloomberg

    India secured a share in Abu Dhabi's oil production for the first time after agreeing to pay $600 million for a tenth of one of the emirate's biggest offshore deposits. Oil and Natural Gas Corp. and other Indian companies agreed to a 40-year contract for rights to pump crude from the Lower Zakum field in partnership with Abu Dhabi National Oil Co., according to an Adnoc statement.

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  19. ONGC acquires 10% stake in UAE's oil offshore concessionRead the original story w/Photo

    Saturday Feb 10 | DNA India

    ... of the historic agreement. The MoU between Indian consortium (OVL, BPRL and IOCL) and state-run Abu Dhabi National Oil Company (ADNOC) was signed for acquisition of 10 per cent participating interest in the offshore Lower Zakum Concession. The ...

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  20. India, UAE sign five agreementsRead the original story

    Saturday Feb 10 | Nerve News

    ... Emirates (UAE) and the Jammu & Kashmir government. An agreement was also signed between ONGC and the Abu Dhabi National Oil Company (ADNOC) on offshore oil concessions. During the delegation-level talks, the issues of security, investment and ...

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