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Business

ADNOC Awards $744 Million Contract for Full Field Development of the Belbazem Offshore Block

EPC contract awarded by Al Yasat Petroleum, ADNOC’s joint venture with CNPC, after a competitive tender process  65% of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value program  Award will enable Belbazem to achieve crude oil production capacity of 45,000 bpd with first oil expected in 2023 $190 million […]

Business

Masdar Free Zone Company Setup

A sustainable urban development and economic free zone, Masdar City serves as a “greenprint” for cities of the future. It seamlessly blends traditional Arabic architecture with state-of-the-art technology to maximise energy efficiency. Masdar City eventually will host up to 40,000 residents and 50,000 commuters. The Free Zone plays an important role in bringing businesses to […]

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