Abu Dhabi / Emirates Business Oil companies that invest during the current downturn in oil prices stand to profit the most when supply and demand comes back into balance, according to the UAE’s Energy Minister, His Excellency Suhail Mohamed Faraj Al Mazrouei. Speaking on the sidelines of His Excellency’s Q&A discussion at ADIPEC’S VIP Programme on the UAE’s future ...

  Abu Dhabi / WAM Germany’s oil and gas producer Wintershall has spudded the first offshore well at Abu Dhabi’s sour gas and condensate field Shuwaihat, it said. Wintershall successfully completed the first onshore drilling at Shuwaihat together with its partner ADNOC and the Austrian OMV in July, 2015. After compiling and analyzing the data from the onshore field SH-5, Wintershall ...

  Abu Dhabi / WAM Turbine Services & Solutions Industrial, TS&S Industrial, today announced it has expanded new capabilities for the repair and overhaul of the Siemens Industrial Trent 60 WLE variant. The new services have established TS&S Industrial as the first independently owned, specialised and independent maintenance, repair and overhaul (MRO) provider with the capability to support the Industrial Trent ...