8/1/2026 9:13:53 AM (Volume: 43 / Issue: 8)
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Tag: Abu Dhabi

Energy, Oil & Gas

Adnoc, OMV forge ahead with big Borouge Group International merger

Abu Dhabi National Oil Company and Austrian group OMV Aktiengesellschaft (OMV) have announced strong progress towards the formation of Borouge Group International, including the signing of an asset usage agreement for the Borouge 4 (B4), an integrated polyolefins production complex in Abu Dhabi. ...

Energy, Oil & Gas

AD Ports, Nimex break ground on new LPG storage terminal at Kezad

AD Ports Group has joined hands with Abu Dhabi-based Nimex Terminals for the groundbreaking of UAE's first private-sector liquified petroleum gas (LPG) terminal hub at Khalifa Port. The Phase I of the project is likely to be commissioned within the next three years. ...

Energy, Oil & Gas

SLB wins multiple offshore drilling contracts for Tangkulo Deepwater in Indonesia

SLB, an energy technology company, has been awarded multiple offshore drilling services contracts by Mubadala Energy, the Abu Dhabi headquartered international energy company, for the Tangkulo natural gas deepwater development and associated exploration and appraisal drilling activities in the Andaman Sea, offshore Indonesia....

Energy, Oil & Gas

ADNOC Gas delivers record $5.2bn net income in 2025

ADNOC Gas and its subsidiaries today announced a record net income of $5.2 billion, a 3% increase compared to 2024, demonstrating structurally resilient earnings and an ability to perform consistently through commodity cycles. ...

Energy, Oil & Gas

Abu Dhabi launches solar energy self-supply policy

The Abu Dhabi Department of Energy (DoE) has launched the Solar (Photovoltaic) Energy Self-Supply Policy in Abu Dhabi, enabling customers to improve daytime electricity efficiency and increase reliance on clean and renewable energy sources through the adoption of smart and flexible energy-consumption solutions....

Energy, Oil & Gas

Borouge achieves $1.1bn 2025 net profit in 2025

Borouge, an Abu Dhabi–based petrochemicals company, has announced financial results for FY2025, with net profit of $1.1 billion, an industry-leading adjusted EBITDA margin of 37 per cent and a net profit margin of 19 per cent for the full year....

Energy, Oil & Gas

WFES 2026 attracts over 51,000 visitors from 124 countries

The 18th edition of the World Future Energy Summit 2026 (WFES 2026), held from January 13–15 at ADNEC Centre Abu Dhabi as part of Abu Dhabi Sustainability Week, recorded unprecedented participation, hosting more than 51,200 attendees from 124 countries, including 15 heads of state....

Energy, Oil & Gas

Emerald Resources, LVC Global to launch Abu Dhabi natural-resource platform

Emerald Resources and LVC Global Holdings are merging to form Emerald Global Resources (EGR), an Abu Dhabi–headquartered natural-resource platform. Combining Emerald’s international presence with LVC’s Africa-focused expertise, EGR will operate across metals, minerals, oil and gas, and integrated resource logistics....

Energy, Oil & Gas

NMDC secures dredging, reclamation works contract in Abu Dhabi

NMDC Group, an integrated energy, marine services and EPC specialist in the Mena region, has announced that its business unit has secured a contract from the Department of Municipalities and Transport (DMT) for the execution of dredging and reclamation works in Abu Dhabi. ...

Energy, Oil & Gas

Sepco3 starts work on 1.5GW Abu Dhabi solar project

Shandong Electric Power Construction Corporation No. 3 (Sepco3) has announced that work has begun on the 1.5GW Khazna Solar PV Project in Abu Dhabi. The scope of work includes completion of 9.6 million cu m earthwork as well as development of 369,000 PV support piles and 2.8 million PV modules. ...

Energy, Oil & Gas

Masdar, ENGIE close financing on Abu Dhabi’s 1.5GW Khazna Solar Project

Abu Dhabi Future Energy Company– Masdar and ENGIE, a global leader in low-carbon energy solutions, have reached financial close for the 1.5 GW Khazna Solar Photovoltaic (PV) Independent Power Project. The project, scheduled to start commercial operation in 2028, will generate enough electricity to power approximately 160,000 homes....

Energy, Oil & Gas

Abu Dhabi DoE to showcase sustainability projects at ADSW 2026

As Principal Partner of Abu Dhabi Sustainability Week 2026, the Abu Dhabi Department of Energy (DoE) will showcase projects aligned with its Strategic Framework 2050 that demonstrate an integrated approach to improving efficiency, resilience, and sustainability across the energy and water sector. ...

Energy, Oil & Gas

Petrojet snaps up $273m EPC contract for Oman gas pipeline

Petrojet, a key Egyptian oil and gas EPC (engineering, procurement, construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to build a 193km natural gas pipeline in Oman. ...

Energy, Oil & Gas

Masdar to build SEA’s largest floating solar plant in Malaysia

Abu Dhabi’s Masdar has announced its first project in Malaysia, with the signing of a power purchase deal to build a 200MW floating solar plant in Pahang State. Once operational, the Chereh Dam facility will become the largest floating solar project in Southeast Asia. ...

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