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Indonesia agreed on several upstream oil and gas deals at ADIPEC 2026

Indonesia is once again participating in this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), held on November 2–5, 2026, at the ADNEC Centre Abu Dhabi, United Arab Emirates. /ANTARA/HO-SKK Migas. Jakarta (ANTARA) – Indonesia’s Special Task Force for Upstream Oil and Gas (SKK Migas) announced the signing of several strategic cooperation agreements in […]

ADNOC approves major unconventional gas development targeting 345 MMscfd

ADNOC today announced at ADIPEC that it has taken final investment decision (FID) for the Ruwais Diyab Unconventional Gas Development in Abu Dhabi, advancing its integrated global gas growth strategy and unlocking a new source of reliable energy for the domestic and international markets. The project will deliver 345 million standard cubic feet per day […]

Exxon, Chevron Executives Cancel Gulf Visit Over Security Concerns

ExxonMobil CEO Darren Woods and Chevron upstream president Clay Neff have canceled plans to attend next week’s ADIPEC conference in Abu Dhabi over security concerns, according to sources cited by Reuters on Thursday. Both executives were expected at the November 2-5 event, one of the oil industry’s largest annual gatherings, and Woods is still showing […]

ADNOC approves $6.2-billion FID for Umm Shaif Gas Cap development offshore UAE

 ADNOC has approved a $6.2 billion (AED22.6 billion) final investment decision (FID) for the Umm Shaif Gas Cap development offshore Abu Dhabi, advancing a major natural gas project expected to deliver more than 600 MMscfd of natural gas and associated gas liquids by 2030. The project, located within the Umm Shaif and Nasr offshore concession, will be developed by ADNOC Offshore, […]

EOG Secures Oil Acreage in Abu Dhabi

U.S. oil and gas exploration and production company EOG Resources Inc. has secured a new exploration concession in Abu Dhabi. The company said in a media release that it has been awarded Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA).

Abu Dhabi’s Adnoc Said to Weigh Bid for $9B Aethon Assets

Abu Dhabi National Oil Co. is working with advisers to evaluate an offer for the assets that could potentially be worth about $9 billion, said the people, who asked not to be identified as the matter is private. Other suitors are also circling Aethon’s natural gas and midstream assets that are mostly based in Texas and Louisiana, the people said.

Deliberations are in the early stages and no final agreements have been reached, the people said. It isn’t immediately clear if recent market volatility would impact the transaction.