Industry
ADNOC receives AA+ standalone credit rating by Fitch
The 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 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
Drilling 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
The 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
BP, the oil and gas company, said that renewables will become the largest source of global power by 2040
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