Browsing: ADNOC

TA’ZIZ has awarded a USD 1.7B (AED 6.2B) engineering, procurement, and construction (EPC) contract to SAMSUNG E&A for the development of one of the world’s largest methanol plants in Al Ruwais Industrial City, located in Abu Dhabi’s Al Dhafra region.

Abu Dhabi National Oil Company (Adnoc) has maintained its position as the UAE’s most valuable brand for the seventh year in a row, with a brand value of USD 18.9 billion. Apple continues to hold the title of the world’s most valuable brand, according to a recent report by consultancy firm Brand Finance.

Adnoc has signed its third Sales and Purchase Agreement (SPA) for the Ruwais lower-carbon liquefied natural gas (LNG) project with Germany’s EnBW Energie Baden-Württemberg AG, a leading European energy infrastructure operator.

Kenya has initiated talks with the United Arab Emirates (UAE) to secure funding for completing a regional railway, according to President William Ruto, after China reduced infrastructure support for the project.

ADNOC Logistics and Services (L&S) has completed the acquisition of an 80% stake in Navig8 TopCo Holdings Inc. (Navig8) for USD 1.04B (AED 3.8B), with a commitment to acquire the remaining 20% by mid-2027.

Economic Boost Through ADNOC’s ICV Programme The Abu Dhabi National Oil Company (ADNOC) has announced…

The new target opens significant opportunities for local and international businesses to engage with ADNOC’s procurement pipeline, fostering investment in the UAE’s manufacturing and industrial sectors while creating jobs for Emiratis.

Shareholders of the German chemicals company Covestro have approved XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), to become its majority owner.

XRG, ADNOC’s international investment company for lower-carbon energy and chemicals, has partnered with BP to launch a new natural gas joint venture in Egypt, named Arcius Energy. BP holds a 51 per cent stake, while XRG owns 49 per cent. The partnership combines their technical expertise and development success to build a competitive gas portfolio.

The President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, has appointed a distinguished…