Two offshore contracts worth over $3.4 billion are won by ADNOC Drilling

The Abu Dhabi National Oil Company (ADNOC) has announced the award of two contracts to ADNOC Drilling for the hiring of eight offshore jack-up rigs to boost production capacity, totalling more than $3.4 billion (AED12.6 billion).

According to a statement released by ADNOC Offshore on Th...

Ahead of the CEPA signing, EAM Jaishankar meets with the UAE's Industry Minister for bilateral negotiations

Dr S Jaishankar, India's External Affairs Minister (EAM), met with Dr Sultan Al Jaber, UAE's Minister of Industry and Advanced Technology, on Friday.

Dr S Jaishankar, India's External Affairs Minister (EAM), met with Dr Sultan Al Jaber, UAE's Minister of Industry and Adv...

PRINCE AZIM OF BRUNEI, WHO TURNED HOLLYWOOD PRODUCER PASSES AWAY

Highlights

• Prince Azim took his last breath on Saturday in Bandar Seri Begawan, the capital city of Borneo, a small island nation

• The son of mega-wealthy sultan of Brunei had started his career as Hollywood producer with the help of his London-based production co...

TURKEY TO ESTABLISH MUSEUM DEDICATED TO THE CONQUEROR MEHMET

Highlights:

• Turkey is going to establish a museum to honour the conqueror Mehmet which is a first in the history dedicated to an Ottoman Sultan
• A science committee of 19 scientists was formed to establish the Fatih Sultan Mehmet Museum

Total foreign direct investment (FDI) in Oman rose by 13.3 per cent to $30.26 billion

Total foreign direct investment (FDI) in the Sultanate of Oman rose by 13.3 per cent to $30.26 billion (RO11.65 billion) in Q2 2019, compared to $26.7 billion (RO10.29) in the same timeframe in 2018, according to preliminary results released by Oman's National Center for Statistics and Inform...

Oil and gas companies to be benefitted financially as well as socially from active promotion

Oil and gas companies will benefit financially as well as socially from actively promoting their organizations ' inclusion and diversity, industry leaders heard at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) on November 14.

Tala Al Ramahi, Chief Strategy...