Brent crude oil prices, which are used for gas pricing, decreased by nearly 31 per cent during the period under review
The landmark LNG deal was signed during Prime Minister Narendra Modi’s official visit to the UAE last week
The new gas compressor plant is expected to substantially increase ADNOC’s gas output from the Habshan Complex
The net income for the quarter ended March 31 included a one-time tax benefit of $300m following its formation earlier this year
The location’s proximity to ADNOC’s current operations and its future growth projects were all important factors in the decision
The company’s unaudited combined pro forma results follow its record IPO earlier in March
The company first entered offshore exploration in Canada in 2021 with a 40 per cent stake in ExxonMobil’s licence for EL 1165A
The shipment of 137,000 cubic meters of LNG can produce enough electricity to supply approximately a quarter million German homes for a year
TotalEnergies holds a 26.55 per cent interest in Block 10, with OQ retaining 20 per cent and Shell holding 53.45 per cent
More than 40 companies, including TotalEnergies and BP, have purchased request-for-qualification documents for the Omani blocks
The LNG will be sourced from two joint ventures between both entities that hold interests in Qatar’s North Field projects
The project will raise Qatar’s liquefied natural gas capacity to 126 million tons
Natural gas prices in Europe and Asia are trading at a record high for this time of year
ADNOC has appointed McDermott International as design contractor and intends to award a contract for the construction of the plant in 2023
ADNOC is among several major state oil companies increasing production of gas as consumers try to switch away from crude and coal
The Al Zour LNG terminal received its first cargo of gas, from Qatar, on Monday
Qatar Petroleum is aiming to issue dollar notes with maturities of five, 10, 20 and 30 years
Qatar Petroleum will build facilities capable of storing more than 7 million tons per year of carbon dioxide by 2030