Jereh Group's Abu Dhabi subsidiary has been awarded three oil and gas engineering projects by ADNOC Onshore valued at up to $2.7 billion. The contracts include unconventional natural gas surface works at the Ruwais Diyab field alongside tie-in works across several existing oilfields. Work is scheduled to begin once formal contracts are finalized.
Walid Ahmed, an Emirati administrative supervisor at China Petroleum Engineering & Construction Corporation (CPECC), discussed his seven-year career with the Chinese energy contractor in an interview with People's Daily Online. CPECC is currently constructing a green degassing station at the Far North Bab project within the Bab Oilfield for the Abu Dhabi National Oil Company (ADNOC). Ahmed noted the company's organized environment and multicultural teamwork while encouraging Emirati youth to pursue opportunities with Chinese firms.
Major Chinese financial institutions have expanded syndicated debt provision to Gulf energy operators, including Abu Dhabi National Oil Company. In the UAE, three Chinese commercial banks joined a financing consortium providing up to $11 billion for an ADNOC offshore gas development. The capital will support upstream production and midstream infrastructure while diversifying regional funding sources.
The 42nd Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) opened in Abu Dhabi, gathering approximately 2,260 exhibitors from over 170 countries and regions. Key discussions centred on supply chain resilience, energy security, and AI, with major Chinese energy corporations presenting integrated green and digital systems. UAE officials highlighted critical vulnerabilities in transport routes and rising logistical costs across global markets.
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