#Exploration

Israel

Calev’s newsroom: Energy cooperation between UAE and Israel

The future of energy cooperation between the two countries holds great potential for mutually beneficial partnerships

ADNOC awards exploration rights for Abu Dhabi’s offshore block 5 to Pakistani consortium

In a first, Pakistani companies will invest in and explore for oil and gas in an Abu Dhabi concession

UAE taps Occidental to boost oil capacity as OPEC cuts rankle

The Supreme Petroleum Council last month approved a $122bn budget to help ADNOC boost production capacity by a fourth to 5 million barrels a day by 2030

Oil giant Saudi Aramco plans huge spending cuts for 2021

Saudi Aramco may keep capex, most of which is spent on exploration and production, at a similar level until at least 2023