Mantle8 strengthens Mideast presence with Dubai headquarters
Mantle8, a natural hydrogen exploration company, has appointed Jean-Valery Garcia as Regional Director for the Middle East and opened its regional headquarters in Dubai, UAE....
Mantle8, a natural hydrogen exploration company, has appointed Jean-Valery Garcia as Regional Director for the Middle East and opened its regional headquarters in Dubai, UAE....
Three UAE-backed solar power plants have been inaugurated in Comoros, marking a step toward strengthening the island nation’s electricity infrastructure, reducing dependence on imported diesel and expanding access to renewable energy....
The UAE’s battery energy storage market is projected to reach $3.25 billion by 2030, growing at a 41.2 per cent CAGR from 2025, according to Trinasolar, underscoring the country’s position as one of the region’s fastest-growing storage markets....
Nigeria is in talks with the UAE on proposals to increase its electricity generation capacity by 5,000MW with solar power among the key areas of co-operation, said a report. The two countries also explored co-operation in solar energy, financing and technical expertise. ...
The UAE has raised its target for clean energy, including nuclear and renewable power, to 35 per cent of its energy mix by 2030-31, Minister of Energy and Infrastructure Suhail Al Mazrouei said....
The UAE’s renewable energy capacity has increased more than 63-fold over the past decade, rising from 129 MW in 2015 to more than 8.2 GW in 2025, according to Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure....
Deep Well Services (DWS) has completed its first major project in the UAE, delivering an 11-well unconventional campaign in Abu Dhabi 43 per cent ahead of schedule and saving 33 operational days....
The Abu Dhabi Fund for Development (ADFD) has backed a $70 million initiative to expand Jordan’s natural gas infrastructure, with contracts signed to supply gas to the Al Rawda and Al Muwaqqar industrial cities....
Borouge, the Abu Dhabi-based petrochemicals company, has confirmed approval of an interim dividend of $656 million, equivalent to 8.1 fils per share, following its H1 2026 performance....
Adnoc Logistics and Services (Adnoc L&S) posted record 2026 results, with second-quarter revenue surging 98 per cent to $2.584 billon, EBITDA jumping 176 per cent to $1.106 billon and net profit rising 303 per cent to $951 millon....
ADNOC Gas, a key subsidiary of Abu Dhabi National Oil Company, has delivered solid results for the second quarter with a net income of $665 million, above the guidance range of $400-600 million, thus reflecting strong operational performance in a challenging operating environment. ...
Petrofac has announced that Al Mazrui International has completed its investment in Petrofac HoldCo Limited, the holding company of Petrofac Emirates, becoming a strategic investor alongside the company’s existing shareholder group....
Wison Engineering has established its Abu Dhabi subsidiary and opened a new office in the UAE capital, marking a major step in expanding its Middle East operations and strengthening its global oil and gas engineering capabilities....
AES Engineering has strengthened its presence in the Middle East reliability sector by acquiring a controlling stake in Technomax Middle East Engineering and Technomax Industrial Services, based in Abu Dhabi, UAE....
Adnoc Distribution reported record financial results for the first half of 2026, posting a 59 per cent year-on-year increase in net profit to $568 million, while reported EBITDA rose 39 per cent to $786 million....
Borouge, an Abu Dhabi–based petrochemicals company, reported a 23 per cent quarter-on-quarter increase in net profit to $191 million in the second quarter of 2026, up from $156 million in the first quarter, supported by sales volumes of 0.9 million tonnes and stronger product pricing....
Abu Dhabi National Oil Company (Adnoc) has announced changes to the Official Selling Price (OSP) methodology for its Abu Dhabi crude grades following a routine commercial review. The new pricing mechanism will take effect on November 1, 2026....
Taqa, Abu Dhabi National Energy Company, has issued a $750 million Blue Bond to support sustainable water and wastewater management projects, marking the largest Blue Bond ever issued by an integrated power and water utility and the biggest in the Europe, Middle East and Africa (EMEA) region....
Adnoc Drilling posted record second-quarter and first-half 2026 results, with first-half revenue rising 4 per cent to $2.46 billion and net profit increasing 2 per cent to $706 million, supported by strong operational performance and cash generation. ...
CB&I’s Asset Solutions business has secured a well engineering services contract with Cosmo E&P Albahriya to support drilling, planning and operational activities for Offshore Block 4 in Abu Dhabi, strengthening its UAE presence. ...