Industry

ADNOC receives AA+ standalone credit rating by Fitch

ADNOC City Branding 162 1The Abu Dhabi National Oil Company (ADNOC) has announced that Fitch Ratings, a global credit rating agency, has assigned ADNOC group a standalone credit rating of AA+

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Lukoil Marine Lubricants ME wins three year tender by OSC

Lukoil and Oman Shipping sign the agreement for 39 vesselsLukoil Marine Lubricants Middle East, a subsidiary of the Russian Lukoil Oil Company based in the UAE, has entered into a three-year contract with Oman Shipping Company (OSC)

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KCAD wins US$110mn land drilling contracts in the Middle East, Russia and Africa

KCA Deutag Land RigjpgDrilling and engineering contractor KCA Deutag (KCAD) has announced that its land drilling operation has won new contracts and contract extensions worth approximately US$110mn

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US calls for security arrangements on Libya’s Sharara oil field

25674004714 e723ef3dd2 z 1The US has called for urgent security measures on the al-Sharara oil field in Libya

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Renewables will become the world’s largest source of power by 2040

3272423901 d26ffce5f8 zBP, the oil and gas company, said that renewables will become the largest source of global power by 2040

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