Adelaide-based Santos is among Australia’s top three producers of liquified natural gas
ADNOC has eyed acquisitions of foreign companies in part to help boost its gas portfolio
Over 80 per cent of the contract value will flow back into the UAE’s economy under ADNOC’s In-Country Value program
In addition to the CSEP signed by the two nations, ADNOC and TotalEnergies inked a strategic partnership agreement to explore new opportunities for growth across the energy value chain
ADNOC said that the new finds totalled 650 million barrels of oil
It intends to float 10 per cent of its petrochemicals joint venture that it entered into with Austria’s Borealis
The investment in Borealis expands ADNOC’s international footprint in the fast-growing chemicals and petrochemical sector in Europe and the Americas
Over 65 percent of the award value could flow back into the UAE economy under ADNOC’s In-Country Value programme
ADNOC has signed an agreement with Proman to construct a natural gas to methanol facility with an annual capacity of up to 1.8 million tons per annum
The UAE became the first Gulf state to commit to neutralising planet-warming emissions within its borders, which it aims to do by 2050
The contract was awarded by ADNOC Offshore to National Petroleum Construction Company following a tender process
ADNOC also announces an increase in national reserves of 4 billion STB of oil and 16 trillion SCF of natural gas
Dr Sultan Ahmed Al Jaber has been appointed as managing director of ADNOC, in addition to his current position as CEO
Over 50 per cent of the total award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme
Upon completion in mid-2022, the upgrade will allow ADNOC to process up to 420,000 bpsd of heavier and sourer grades of crude oil in Ruwais