Despite record prices and supply uncertainties, oil have remained as the major global source of energy but needs to be doubled before 2050 to meet the unabated demand, says Gerald Doucet, secretary general of the World Energy Council (WEC).
:: Dolphin announces date for FTP construction bid Dolphin Energy Limited has announced that the priced tenders for the ‘Design & Build’ of the forthcoming Taweelah to Fujairah Pipeline (TFP) are due for submission this week.
:: Halliburton to supply Adco’s completion units Halliburton has been awarded a contract by Abu Dhabi Company for Onshore Oil Operation (Adco) to provide a range of completion equipment for onshore oil and gas wells.
:: Taqa reaches five-fold rise Q1 profits The Abu Dhabi National Energy Company (Taqa) has reported a net profit of Dh 397.6 million during the first three months of 2008, a figure more than five times higher than its Dh 3.6 million in the same period in 2007.
:: Aabar nets Dh 40m Q1 profit Abu Dhabi-listed Aabar Energy has gained Dh 40 million during the first three months of 2008, as compared with Dh 1.96 million in the same period in 2007, the company has announced.
