Second set of major onshore and offshore blocks across the emirate of Abu Dhabi opened for competitive bid round following conclusion of the highly successful debut bid round. Exploration studies suggest blocks could contain significant amounts of conventional and unconventional oil and gas resources.
Unique Group, one of the world’s leading integrated subsea and offshore solutions providers, has announced that it has entered into a key agreement with Add Energy Asset & Integrity Management to provide asset and maintenance management consultancy and software solutions to energy and manufacturing companies in the UAE.
SABIC announced that Saudi Aramco signed today a share purchase agreement to acquire a 70% majority stake in SABIC from the Public Investment Fund of Saudi Arabia in a private transaction.
