Browsing: Business

ADNOC Drilling Company PJSC announced that it has signed a five-year Drilling Services Agreement with ADNOC Onshore for the continued provision of drilling, work-over and other well services. The contract will run for up to 5 years, for a total

The Abu Dhabi National Oil Company (ADNOC) announced record investments worth up to almost $6 billion (AED22 billion) to enable drilling growth as it boosts its crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and

Aviation, aerospace, space and defence leaders from across the planet will meet in-person in Abu Dhabi for the return of the Global Aerospace Summit on 24 -26 May 2022. The theme of the Summit, ‘Digital Driven Resurgence’, will showcase the

His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Foreign Minister of Greece Nikos Dendias, today reviewed the prospects of strengthening the strategic partnership ties between the two nations.This came as the two

Etihad Airways has raised US$1.2 billion in the first sustainability-linked loan (SLL) tied to environmental, social and governance (ESG) targets in global aviation. The transaction is the largest sustainable financing in the airline’s history and follows two innovative aviation financing

Al Seer Marine, a marine company in the Middle East region that is engaged across multiple marine sectors, has announced the formation of a joint venture with BGN International, one of the leading energy, trading, storage, and transportation companies, to

India is expanding its strategic petroleum reserves programme, the Minister of State for Petroleum and Natural Gas, Rameswar Teli, told the lower House of Parliament, the Lok Sabha. In the second phase of its petroleum reserves programme, approvals were given