Top News

  • ASRY chairman wins Seatrade Maritime Industry...

    The Chairman of the Board of ASRY, the leading ship and rig repair yard in the Arabian Gulf, Shaikh Daij bin Salman Al Khalifa has been awarded the Seatrade Maritime Industry Award at the recent Seatrade Maritime Awards Middle East Indian Sub-continent and Africa (MEISA) in Dubai. 

  • BP profits hit by lower oil and gas prices

    Oil giant BP has reported a fall in profits due to lower oil and gas prices. Replacement cost profit between July and September was $1.23bn (£802m), compared with $2.38bn a year earlier. 

  • UAE fuel prices drop for November

    The fuel prices per litre are Super 98 at Dh1.81, Special 95 at Dh1.70, E Plus-91 at Dh1.63 and diesel at Dh1.87. The prices, lower than those in October, will come into effect on November 1.

  • UAE oil sector to slow down by 2-3%

    Abu Dhabi: The UAE’s oil sector is expected to see a slowdown of about 2-3 per cent if oil prices do not bounce back from the current levels below $50 a barrel.

  • UAE Plans Oil and Gas Production Boost

    The United Arab Emirates (UAE) was the world's sixth-largest oil producer in 2014, and the second-largest producer of petroleum and other liquids in the OPEC, behind only Saudi Arabia. 


ADNOC CEO pushes for efficiency and value to tackle oil glut

ADNOC ceo pushes for efficiency and value to tackle oil glut and Gas companies that drive efficiencies, value and commercial excellence, will be the ones to come out on top as producers wrestle with low oil prices, UAE Minister of State and ADNOC Group chief executive said at the opening of a major industry event.


ADNOC CEO Says Oil and Gas Industry Can Achieve Resilience by focusing on Being More Efficient, Value Driven and Agile

Delivering the keynote address at ADIPEC 2016, the world’s most influential event for the oil and gas industry, H.E, Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, said that in an era of unpredictable oil prices, producers who focus on efficiency, value creation, commerciality and excellence will be successful


GMS to showcase latest barge at ADIPEC 2016

Gulf Marine Services (GMS), the Abu Dhabi based owner and operator of self-propelled and self-elevating vessels (SESVs), will be showcasing the latest addition to its fleet at this year’s edition of ADIPEC.