Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
Search
Related Articles
Mideast upstream long-term outlooks diverge
The region’s producers have their own specific goals and face drastically different challenges
Marcellus pipeline woes threaten to change entire US gas market game
Permitting issues have radically curtailed the access to cheaply produced gas to which the industry has grown accustomed
EU bodies issue gas price cap warnings
Two preliminary reports echo industry criticisms, although lower prices have reduced the likelihood of the mechanism being triggered
Aussie gas industry calls for intervention clarity
New guidelines fail to quell industry criticism, while the prevalence of long-term contracts and Australia’s geography limit the efficacy of the reforms
Alberta’s Sovereignty Act stokes controversy
Supporters say the act will deter Ottawa from introducing further legislation affecting oil and gas, while opponents say it creates uncertainty that will harm investment
IOCs to expand production at Brazil’s Lapa field
TotalEnergies and partners expect to produce 25,000bl/d from Lapa Southwest
Confidence and fear in Adnoc’s new upstream plan
The Emirati heavyweight’s five-year investment blueprint calls for an accelerated oil and gas capacity ramp-up
Eni greenlights second Congolese LNG project
Rapid-deployment floating developments are a burgeoning part of the sector
Colombian production rebounds post-pandemic
Undeveloped basins, minimal industry competition and gas supply imbalance are notable tailwinds even as windfall taxes loom large
Outlook 2023: The role for oil and gas in the energy transition
Upstream M&A activity is not being deterred by the move towards decarbonisation
Adnoc and Eni plan to accelerate the Ghasha/Hail sour gas development
ADNOC UAE Gas Eni Wintershall TotalEnergies Carbon capture
Clare Dunkley
26 September 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Adnoc aims to benefit from European IOCs’ new impetus

Appetite to replace Russian energy imports is providing a major fillip to the Emirati firm’s upstream development plans

Abu Dhabi’s Adnoc auctioned off stakes in its main oil and gas fields in the late 2010s, at a time when only the NOC was considering domestic economic security and western IOCs were motivated purely by commercial concerns. But now some of Europe’s largest oil companies are rushing to tap decades-old partnerships with the Emirati firm to alleviate the continental energy crisis triggered by Russia’s war in Ukraine. And Adnoc, coffers overflowing thanks to the wider global supply crunch, is happy to reciprocate—exploiting their enthusiasm not only to help increase production of the gas that is both parties’ immediate priority but also to assist in reshaping the emirate’s bedrock oil sector. Cla

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Chinese gas demand set to rebound
3 February 2023
The Asian giant’s LNG imports slumped last year but look likely to recover in 2023
Oil trading’s biggest bust – MG: Enter Arthur Benson
3 February 2023
Kevin O’Reilly continues his three-part account of the hobbling of a German industrial giant with the arrival of the story’s central figure
Oil trading’s biggest bust – MG: What started to go wrong?
2 February 2023
Kevin O’Reilly, with 27 years commodity trading experience, dives into one of the most compelling tales of how not to hedge your risks in the first of a three-part series
Chinese energy demand gets back on track
2 February 2023
The signs point towards a comeback in 2023, but uncertainty around Covid remains a factor

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Petroleum Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search