gas
This discovery has raised hopes of finding additional hydrocarbons to boost the country's energy resources
Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean
In the Eastern Province, two unconventional oil fields were found - Al-Ladam and Al-Farouq
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously
Revival of projects in the energy sector key to the country’s development
Global upstream oil and gas capital expenditure is expected to grow by $24 billion this year
Non-oil sectors also saw a significant 7.1 percent increase, reaching $38.79 billion in 2023
To service the contract and explore future opportunities, ADNOC Drilling has incorporated Turnwell Industries
The Ras Al Sadr gas field has a production capacity of up to 100 million standard cubic feet of gas per day
Under the terms of the deal, Eni retains a 60 percent ownership stake and assumes the role of the operator
Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement
