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Shelf Drilling taps Arabian Drilling rigs in new global offshore expansion pact
The partnership is aimed at expanding their offshore drilling operations worldwide
Adnoc Drilling looks to raise USD 1 bn to refinance debt, drive expansion
The company has USD 750 mn in debt due in 4Q 2025
Sultan Al Jaber is calling for a global energy reset
Energy demand is projected to surge from 9k GW today to as much as 35k GW by 2050, Al Jaber…
IMF revises UAE’s GDP growth forecast down to 4%
The Fund also cut the UAE’s oil GDP forecast for 2025 to over 2%, down from 6.7% earlier
Iraq taps Crescent Petroleum for gas
ALSO- Checkout.com partnered with UAE-based payment gateway noqodi to enhance its digital platform
THIS MORNING: UAE agrees to roll over Pakistan loan another time + Dar Global eyes US, Greece expansion
Syria resumed flights to the UAE yesterday
Sharjah proposes new law to tax natural resource companies
The law targets companies involved in both extractive and non-extractive activities
Adnoc Drilling JV to invest USD 750 mn in oilfield tech firm acquisitions next year
The JV acquired stakes in four firms last year
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