The joint venture will look to tap Abu Dhabi’s staggering reserves of unconventional oil and gas
oil exploration
Latest in oil exploration
Egypt
Significant oil discovery announced in Egypt’s western desert
The Egyptian Ministry of Petroleum unveils new incentives to boost oil and gas production and exploration
India
India may proceed with oil exploration at Andamans, once a ‘no-go’ area
The Indian government also plans to fund the drilling of a few exploratory wells in the region.
Energy
Modern drilling is at the heart of a responsible future energy mix
In a world of highly volatile energy markets, climate change and energy insecurity, modern drilling technologies have a vital role to play in building a responsible global energy mix
Delek Drilling
Mubadala Petroleum hits half a million barrels a day for first time in its history
It has seen a 22 percent increase in production from 2021 following a number of significant developments in oil and gas
Abu Dhabi
Adnoc awards Japan’s Inpex $176m onshore concession
The UAE provides Japan with a quarter of its crude oil imports
crude oil
Ras Al Khaimah says 2018 oil, gas licensing round ‘proving popular’
Encouraging and positive response reported from many international companies eager to explore RAK’s oil and gas potential
Gazprom
Mubadala unit inks JV deal to develop oil fields in Siberia
The project with the Russian Direct Investment Fund and Gazprom Neft is Mubadala Petroleum’s first investment in the Russian oil and gas sector
Crude exporter
Video: Iraq holds fifth oil field auction since 2009
Iraq is opening more of its undeveloped oil and gas resources to foreign companies.
Abu Dhabi
Abu Dhabi, OMV set to sign $1.5bn oil deal in move on global expansion
Austria’s Chancellor Sebastian Kurz and Abu Dhabi’s Crown Prince Sheikh Mohamed bin Zayed will sign the deal on Sunday
