ABU DHABI / WAM Adnoc Gas plc on Monday announced the award of $1.34 billion in contracts to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co PJSC and CAT International Ltd for the expansion of its natural gas pipeline network. Under the sales gas pipeline network enhancement (ESTIDAMA) programme, the new pipeline will extend Adnoc Gas’ existing …

ABU DHABI / WAM The UAE strongly condemned the attacks by the Israeli occupation forces on the Palestinian city of Jenin and its camp through air strikes and shootings, which resulted in deaths and injuries. In a statement, the Ministry of Foreign Affairs (MoFA) called for the immediate halt of repeated and escalating campaigns against the Palestinian people, and urged …

VIENNA / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the Organisation of the Petroleum Exporting Countries (Opec) and its allies in Opec + always strive to ensure balance in market fundamentals between supply and demand, to avoid an accumulation in global oil inventories that could lead to instability and speculative activities in global markets. In …