ADNOC
Expansion supports ADNOC’s target to increase its production capacity to 5 million barrels of oil per day by 2027
The VLECs will be deployed on 20-year time charter contracts, generating an estimated $4 billion in revenue
The move aims to develop Emirati talent for crucial sectors through advanced training
Total submissions increase by 16 percent over last year
The contracts were awarded to NMDC Energy P.J.S.C and Galfar Engineering & Contracting W.L.L Emirates
RoboWell delivers up to 30 percent optimization in gas lift consumption and up to a 5 percent increase in operating efficiency
His Highness met with heads of global energy companies to discuss the future of the sector
The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks
ADNOC aims to achieve a 5 percent energy efficiency improvement by 2025
The 5G network is projected to generate $1.5 billion in value during the first five years of its operation
These new rigs will support the growing operations at the offshore Zakum field
