Browsing: ADNOC

Abu Dhabi National Oil Company (ADNOC) has confirmed that its acquisition of OCI’s 50 per cent plus one share in Fertiglobe, announced in December 2023, has received all necessary approvals and is set to conclude.

ADNOC Logistics and Services plc has announced that AW Shipping, a joint venture with Wanhua…

The Abu Dhabi National Oil Company (ADNOC) has made a $16B takeover bid for German chemicals giant Covestro.

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, reported significant progress in the UAE’s clean energy sector, noting that clean energy now comprises 27.83 percent of the energy mix, aiming for 32 percent by 2030.

Abu Dhabi National Oil Company (ADNOC) is anticipated to submit a formal offer to purchase Covestro for about $15.9B (€14.4B), including debt, according to a report by the Financial Times on Wednesday.

UAE’s ADNOC Group has signed a 15-year LNG supply deal with IndianOil to provide 1 million metric tonnes annually, as reported by the Abu Dhabi Media Office. The LNG will primarily be sourced from ADNOC’s low-carbon Ruwais LNG project.

ADNOC recently advanced its chemicals growth strategy by agreeing to acquire a 35% stake in ExxonMobil’s planned low-carbon hydrogen and ammonia facility in Baytown, Texas, USA.

ADNOC has announced the launch of a cutting-edge artificial intelligence (AI)-driven process optimisation technology, Neuron 5. Initially deployed at ADNOC Onshore’s Northeast Bab (NEB) field and ADNOC Gas’s Taweelah gas compression plant, this technology is now operational across hundreds of equipment units.

Abu Dhabi National Oil Company (Adnoc) has awarded a contract exceeding $200 million to NMDC…

ADNOC has established eight new UAE-based and international industrial centres within a year through its In-Country Value (ICV) programme. These centres have generated over AED 700M in value and created 800 jobs for UAE citizens.