Output peaked in 1991 at over 400,000 bpd. Dubai’s offshore fields are operated by Petrofac. Petrofac’s spokeswoman in London declined to comment on the discovery.
UAE’s main oil company in talks over offshore oil stakes
DUBAI, United Arab Emirates – The United Arab Emirates’ main state oil company says it plans to divvy up its offshore oil operations and is in “advanced discussions” with multiple companies …
From Dubai to Cannes, Saint-Tropez, and London: Lessons in Taking an Emirati Brand Global
The appetite for Emirati creativity – through food, design, and hospitality – is growing. But success isn’t just luck- it’s the result of many small, thoughtful choices made early on, and the right …
7th Sharjah Investment Forum set for September, focusing on AI in business and global economic future
Organised by Invest in Sharjah, the forum will take place from 18-19 September at the Jawaher Reception and Convention Centre under the theme “A Futuristic Vision for Smart Economies” …
Mleiha National Park reveals Sharjah’s breathtaking beauty
As the premier destination for eco-tourism within Sharjah, Mleiha National Park (MNP) stands as a notable conservation success story, giving visitors, …
Sharjah Investment Forum 2025 to empower the future of global investment strategies and boost international collaboration
For the first time in the forum’s history, it will be held under a shared agenda and alongside the World Investment Conference (WIC), whose 29th edition is marking its debut in Sharjah. This strategic …
Rio and Kate Ferdinand make ‘fresh start’ in Dubai
Rio and Kate Ferdinand make ‘fresh start’ in Dubai – The former footballer and reality TV star have moved their family to the UAE.
‘I moved from miserable UK to Dubai – but now have to work six days a week to live’
Elbi Henshaw, 23, moved to Dubai in January after holidaying there and realising how ‘miserable’ life is in the UK – but says it’s not all fun as everything is so expensive …
Rio and Kate Ferdinand show off luxury new mansion as they make ‘fresh start’ in Dubai
Kate Ferdinand and her husband Rio Ferdinand are starting a ‘new chapter’ in Dubai with their children as Kate gave her followers an inside look at their new family home …
Dubai fund FHV bets on $100 million push as global wealth migration fuels high-end dining boom
Fern Hospitality Ventures is in talks with Saudi family offices, wealthy Indian investors and Abu Dhabi-based funds, with larger sovereign investors expected to follow, founders say …
Petros Stathis: CÉ LA VI’s London opening showcases Dubai as the global launchpad for iconic brands
Is Dubai about to become known as the foundational city for building and launching global brands? This September, international hospitality investor Petros Stathis, Chairman of Nammos World and …
Dubai’s education sector: 25 new schools, ECCs, universities to open up
The expansion reflects Dubai’s continued evolution as a global hub for high-quality education and family-friendly living …
Sharjah Team open F1 Powerboat World Championship with deserved win in Indonesia
Technical woes for Sweden’s defending World Champion Jonas Andersson after 17 laps opened the door for the Sharjah Team’s Rusty Wyatt to storm through …
Santos’ $36.4b takeover deal from Abu Dhabi consortium postponed once again yet group stresses it is ‘committed’
A major Australian company has once again agreed to extend the deadline for a $36.4b takeover deal from an Abu Dhabi-led consortium as the group stresses it is “committed” to the deal.
ENEC joins EGA’s challenger programme to accelerate gender diversity in UAE heavy industry
Recent projects include the development of a gender diversity toolkit. which aims to define inclusive policies and behaviours across the employee lifecycle in heavy industry.
Russia and Ukraine stage new prisoner exchange after UAE mediation
Russia and Ukraine exchanged 146 prisoners of war from each side on Sunday after mediation by the United Arab Emirates, the Russian defence ministry and the Ukrainian president said.
Wealthy UAE residents look to snap up prime London property
Stuart Bailey, head of prime central London sales at estate agent Knight Frank, said: “If you are from the UAE, for example, and of a generation that has not yet bought in London, both the suppressed …