ADNOC’s ICV programme targets further economic reinvestment, aiming to drive Dhs178bn back into the UAE economy over the next four years
The 3D mega seismic survey, which began in late 2018, covers a vast 85,000 square kilometres across onshore and offshore areas in Abu Dhabi
The collaboration will support environmental and economic goals through AI-driven initiatives in renewable energy, carbon capture and efficiency improvements
The ENERGYai platform, built with ADNOC’s 80 years of historical data, is expected to set new standards in the energy sector for precision, efficiency, and sustainability
ADNOC said early this month it had struck a deal to buy Covestro for $16.3bn, including debt, the energy giant’s biggest-ever acquisition
The company is the largest producer of nitrogen fertilisers in the MENA region, with plants in the UAE, Egypt and Algeria
ADNOC intends to integrate its domestic and global portfolio of projects in low-carbon ammonia, more than doubling Fertiglobe’s ammonia project capacity
The deal marks a cornerstone for ADNOC’s plans to grow its petrochemicals business along with gas and renewable energy
The production facility aims to produce up to 1 billion cubic feet per day of low-carbon hydrogen, with around 98 per cent of carbon dioxide removed
The agreement focuses on identifying suitable saline aquifers for safe and permanent CO2 storage, enhancing Malaysia’s potential as a regional CCS hub
The duo will work together to conclude a detailed sale and purchase agreement in the coming months
Investors from the Middle East bring cash and expertise to such projects
The project will extend ADNOC Gas’ natural gas pipeline network in the UAE by about 300 kilometres
This marks the world’s first offshore deployment of AIQ’s RoboWell, according to a statement by ADNOC
Adelaide-based Santos is among Australia’s top three producers of liquified natural gas
The credit facility is part of JBIC’s GREEN lending programme and is partially supported by Japanese commercial banks
The Gulf energy giants have been conducting preliminary evaluations of Santos as a possible acquisition target
The network will generate $1.5bn in value by 2030 by facilitating autonomous operations, optimizing production and reducing emissions
ADNOC is striking strategic deals across Europe, as it seeks to diversify, its upstream and downstream operations
ADNOC’s initial informal offer to Covestro was reported in June 2023, but it wasn’t until September last year that the German company entered into open-ended formal discussions
ADNOC’s Ruwais facility is expected to be the region’s first LNG export facility to run on clean power
Prior to the deal, Gordon Technologies, based in Louisiana, was primarily owned by Houston-based private equity firm Pelican Energy Partners
The agreement builds upon previous collaborations between ADNOC and SOCAR, including ADNOC’s acquisition of a 30 per cent equity stake in the Absheron gas and condensate field
The energy company has expanded its ICV programme to drive Dhs178bn back into the UAE’s economy by 2028
ADNOC’s first investment in Mozambique complements its efforts to expand its lower-carbon LNG portfolio to meet growing gas demand and support the transition to cleaner fuel sources
The 11.7 per cent equity stake in Phase 1 of Rio Grande LNG marks ADNOC’s first strategic investment in the US and complements its efforts to expand its lower-carbon LNG portfolio
ADNOC has eyed acquisitions of foreign companies in part to help boost its gas portfolio
BlackRock and KKR bought the stake for $4bn in 2019 in a landmark deal
ADNOC has sharpened its focus on natural gas, seeing it as a transition fuel, as the world tries to curb planet-warming emissions
BP and ADNOC made their offer a year ago, with an aim to access the gas-rich areas in the Eastern Mediterranean