
ADNOC
Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.
Shell and Gasco study Bab Sour Gas Development The international oil company (IOC) Royal Dutch Shell plc (Shell) and the Abu Dhabi National Oil Company (ADNOC) subsidiary Abu Dhabi Gas Industries (Gasco) are preparing the front end engineering and design (FEED) work for the non-associated gas Bab Sour Gas Field Development project in the United Arab […]
Indorama takes seat in Tacaamol Al-Gharbia Complex The Thai chemical company Indorama Ventures (Indorama) and the local Abu Dhabi National Chemicals Corporation (ChemaWEyaat) signed an agreement to establish the joint venture Abu Dhabi Chemicals Integration Company (Tacaamol) to design and build the first phase of the Madeenat ChemaWEyaat Al Gharbia (MCAG) project in the Western […]
BP, ExxonMobil, Shell, Total in concessions race In 2013, the historical international oil companies (IOCs) BP from UK, ExxonMobil from USA, Statoil from Norway, Partex from Portugal and Total from France have been racing to at least preserve and hopefully extend in 2014 their respective concessions rights in the onshore fields of Abu Dhabi shared […]
ADCO evaluate offers for NEB-3 Onshore EPC contract The United Arab Emirates (UAE) Abu Dhabi Company for Onshore Operations (ADCO) is currently evaluating the offers for the third phase of the North East Bab (NEB-3) project onshore Abu Dhabi. As the other projects Upper Zakum, Umm Al-Lulu or Al-Nasr, NEB-3 is part of the giant […]
Adma-Opco call for technical bid on Al-Nasr Full Field Abu Dhabi Marine Operating Company (Adma-Opco) published the deadlines for the engineering companies to submit their technical offers for the Al-Nasr Full Field Development project offshore Abu Dhabi in the United Arab Emirates (UAE). As Al-Nasr Full Field Development project, Adma-Opco intents to proceed to the second […]
UAE to shunt Hormuz Strait with Fujairah Terminal Mubadala Petroleum and the International Petroleum Investment Company (IPIC), both from Abu Dhabi in the United Arab Emirates, are preparing the engineering, procurement and construction (EPC) phase for their Emirates LNG project in Fujairah. Established in 2002 by the State of Abu Dhabi, the Mubadala Development Company […]