Oil loading operations at the UAE's Port of Fujairah resumed following a drone attack and fire, though it remained unclear if operations were fully back to normal. An Indian-flagged tanker carrying 80,800 tonnes of Murban crude departed safely for India after the strike. The port remains a vital strategic export bypass located outside the Strait of Hormuz.
ADNOC Drilling is prepared to expand UAE crude oil production capacity beyond its 5 million barrels per day target if requested by parent firm ADNOC, according to CFO Youssef Salem. The company highlighted supply relationships with rig manufacturers from China and international technology partners. Operations have maintained a 98% rig availability rate despite regional shipping disruptions.
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