Cologix growth strategy gets $500m booster from Mubadala and Stonepeak
Abu Dhabi-based investment firm Mubadala Investment in collaboration with Stonepeak Infrastructure Partners has agreed to invest approximately $500 million in Cologix, a US network-neutral interconnection ... Read More
ADNOC awards Abu Dhabi Onshore Block 3 rights to Occidental Petroleum
US oil and gas company Occidental Petroleum has been granted exploration rights to Abu Dhabi’s Onshore Block 3 from the Abu Dhabi National Oil Company ... Read More
ADNOC to offload 35% stake in ADNOC Refining to Eni and OMV for $5.8bn
Italy’s Eni and Austria’s OMV, through separate agreements, have agreed to acquire stakes of 20% and 15%, respectively in ADNOC Refining – the refining business ... Read More
Total to pay ADNOC $1.45bn to join Abu Dhabi offshore concessions
Total ADNOC deal : Total has made a AED5.3 billion ($1.45 billion) deal with the Abu Dhabi National Oil Company (ADNOC) to take stakes in ... Read More
Eni buys stake in Abu Dhabi offshore oil and gas fields in UAE for $875m
Eni has signed a couple of concession agreements to acquire a stake of 5% and 10% in the Lower Zakum offshore oil field and the ... Read More
Milrem Robotics unveils THeMIS unmanned ground vehicle at UMEX 2018
Estonia-based Milrem Robotics has unveiled a new unmanned ground vehicle at Unmanned Systems Exhibition and Conference (UMEX) 2018 in Abu Dhabi, named as THeMIS, which ... Read More
Cepsa buys into Abu Dhabi offshore concession for $1.55bn
Cepsa, a Spanish oil and gas company has picked up a participating stake of 20% in an Abu Dhabi offshore concession SARB and Umm Lulu ... Read More
ONGC Videsh led consortium picks stake in offshore Abu Dhabi oil field
Oil and gas industry news : Three Indian state-controlled oil firms ONGC, Indian Oil Corporation (IOC) and Bharat Petroleum have acquired a 10% stake in ... Read More