Petrofac has secured two-year field maintenance services contract extension to support operations pertaining to the Haliba oil field in the UAE from Al Dhafra Petroleum, a part of the Abu Dhabi National Oil Company (ADNOC) group. As per the terms of the extended contract, Petrofac will provide specialist personnel for maintaining and supporting facilities at […]
Nawah Energy Company, a joint venture between the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO), has commissioned Unit 1 of the 5.6GW Barakah Nuclear Energy Plant in the Al Dhafrah Region in Abu Dhabi, UAE. The Barakah nuclear power project, which has an estimated construction cost of $24.4 billion, will have […]
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 (ADNOC) for a participation fee of AED893 million ($244 million). The concession agreement signed by the two parties will be valid for 35 years. Onshore Block 3 is an onshore […]