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U.A.E Oil and Gas Update Feb 2015

Prequalification starts for landmark Dubai tower – Investment Corporation of Dubai appointed consultants last year

Al-Maktoum airport expansion delayed – Enabling works contract for Al-Maktoum International in Dubai was due to be signed by the end of 2014

Contractors submit bids for Dubai museum – Project will be built where UAE rulers formed the federation in 1971

Total wins stake in Abu Dhabi onshore oil fields – Paris-based group first to announce joint venture and also becomes asset leader of several fields

Abu Dhabi takes on gas deficit – The Shah project is providing a boost to gas availability in the UAE, but it is only part of its strategy

GCC LNG exporters hit as prices plummet – Lower Asia demand growth and tumbling crude price signal weak liquefied natural gas market in 2015