Gulf Daily News (Bahrain) · 24 Oct, 17:25 · Business briefing

UAE Business: Thai group PTT, Eni set up JV for offshore Abu Dhabi concession

Thai energy giant PTT and Italian oil major Eni have established a joint venture to develop an offshore concession in Abu Dhabi.

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The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

Thai energy giant PTT and Italian oil major Eni have established a joint venture to develop an offshore concession in Abu Dhabi. This strategic partnership signals renewed international investment in the UAE’s hydrocarbon sector, focusing on deepwater exploration and production. The move underscores the region’s continued attractiveness for major energy players despite global shifts towards renewables. For professionals, this development highlights the enduring demand for technical expertise in upstream oil and gas operations, as well as the need for cross-cultural collaboration in multinational energy projects within the Gulf region.

Employer demand for Medical Physics skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

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This joint venture signals robust demand for specialised engineering and project management skills in the Gulf’s energy sector. You should prioritise advanced training in offshore operations, reservoir engineering, and international contract law. Professionals in supply chain logistics and health and safety will find increased opportunities as new infrastructure projects launch. If you work in finance, focus on energy sector risk assessment and investment modelling. Smart movers will now network with PTT and Eni’s regional teams, updating their CVs to highlight cross-border project experience. Certifications in project management and safety compliance will significantly boost your employability in this high-stakes environment.

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Indicative salary uplift in the fields matched to this story
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