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World Oil News
ADNOC today announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. The announcement was made at ADNOC’s Business Partnership Forum which was held on the sidelines of ADIPEC. Source
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The African Energy Week: Invest in African Energies Awards Ceremony celebrated 12 outstanding individuals and companies across 10 categories, honoring their significant contributions to Africa’s oil, gas and energy sectors Source
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nexos, formerly known as Global E&C, has won an HVAC contract with energy transition operator EnQuest to provide services to their offshore assets in the U.K. Continental Shelf (UKCS). Source
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ADNOC has awarded a contract to BGP worth up to $490 million to expand the scope of the world’s largest combined 3D onshore and offshore seismic survey underway in Abu Dhabi. The contract will focus on identifying additional oil and gas resources in ADNOC’s producing onshore fields. Source
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Western Energy Alliance today congratulated the newly re-elected president Donald J. Trump. The association of western oil and natural gas exploration and production companies also recognized Senator Steve Daines (MT) for his successful chairmanship of the National Republican Senate Committee flipping the U.S. Senate. Source
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The latest data from this year’s OEUK Decommissioning Report being published later this month show a challenging picture of spiraling costs, political uncertainty and competition for the specialist equipment needed to dismantle oil and gas platforms and seal abandoned wells. Source
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Weatherford has announced two contracts in the Middle East, with Kuwait Oil Company (KOC) and a National Oil Company (NOC) in Qatar. The contracts will implement Weatherford’s drilling technologies for enhanced safety, speed, and cost-efficiency in well delivery. Source
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Former President Donald J. Trump will be President again, come Jan. 20, 2025, after his historic comeback win in the U.S. presidential election of Nov. 5, which extended into the wee hours of Nov. 6. Source
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The National Ocean Industries Association (NOIA) issued a statement congratulating President-elect Trump, and expressing belief that the benefits of American offshore energy production transcend political affiliations. Source
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The American Petroleum Institute (API) President and CEO Mike Sommers have issued a statement congratulating President Trump on his election victory. Source
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