#ADNOC

ADNOC's XRG, bp close deal to launch new natural gas JV

ADNOC’s XRG, bp close deal to launch new natural gas JV

Arcius Energy will focus on natural gas growth to meet growing regional demand while supporting Egyptian energy security and economic development

ADNOC, PETRONAS finalise 15-Year LNG sales agreement for Ruwais Project

ADNOC, PETRONAS finalise 15-Year LNG sales deal for Ruwais Project

The Ruwais LNG facility is poised to make history as the first LNG export terminal in the region to be powered by clean energy

ADNOC launches XRG Image -ADNOC

ADNOC launches $80bn lower-carbon energy, chemicals investment entity

XRG will initially focus on transformational global investments that create value across natural gas, chemicals, and lower-carbon energy solutions

ENEC, ADNOC to explore nuclear technology for O&G sector

ENEC, ADNOC to explore nuclear technology for O&G sector

With the UAE’s Energy Strategy 2050 setting ambitious goals for clean energy, the collaboration between ENEC and ADNOC is a crucial step towards achieving these objectives

ADNOC awards Dhs720m in manufacturing contracts in the UAE

ADNOC awards Dhs720m in manufacturing contracts in the UAE

ADNOC’s ICV programme targets further economic reinvestment, aiming to drive Dhs178bn back into the UAE economy over the next four years

ADNOC awards contract to expand 3d seismic survey Image courtesy ADNOC

ADNOC awards $490m contract to expand world’s largest 3D seismic survey

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

ADIPEC 2024: ADNOC, Masdar, Microsoft to drive AI, low-carbon initiatives

ADIPEC 2024: ADNOC, Masdar, Microsoft to drive AI, low-carbon initiatives

The collaboration will support environmental and economic goals through AI-driven initiatives in renewable energy, carbon capture and efficiency improvements

ADIPEC 2024: ADNOC, AIQ showcase agentic AI solution for energy sector

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

Covestro weighs ADNOC’s takeover offer, cuts profit target

Covestro likely to recommend ADNOC takeover offer, trims profit target

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

Fertiglobe to boost Ammonia capacity as ADNOC becomes top shareholder

Fertiglobe to boost ammonia capacity as ADNOC becomes top shareholder

The company is the largest producer of nitrogen fertilisers in the MENA region, with plants in the UAE, Egypt and Algeria

pands stake in Fertiglobe to boost low-carbon ammonia development

ADNOC expands stake in Fertiglobe to boost low-carbon ammonia development

ADNOC intends to integrate its domestic and global portfolio of projects in low-carbon ammonia, more than doubling Fertiglobe’s ammonia project capacity

ADNOC to buy German chemicals firm Covestro for $18bn

ADNOC to buy German chemicals firm Covestro for $18bn

The deal marks a cornerstone for ADNOC’s plans to grow its petrochemicals business along with gas and renewable energy

ADNOC to buy 35% stake in Exxon’s Texas hydrogen plant

ADNOC to acquire 35% stake in Exxon’s Texas hydrogen plant

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

ADNOC, petronas and storegga ink JDSA for CCS project in malaysia Image ADNOC

ADNOC, PETRONAS, Storegga tie up on offshore CCS project in Malaysia

The agreement focuses on identifying suitable saline aquifers for safe and permanent CO2 storage, enhancing Malaysia’s potential as a regional CCS hub

ADNOC, Osaka Gas sign initial agreement for LNG delivery

Abu Dhabi’s ADNOC, Osaka Gas sign initial agreement for LNG delivery

The duo will work together to conclude a detailed sale and purchase agreement in the coming months

UAE EU trade talks Middle east

Europe welcomes Middle East money but some deals face headwinds

Investors from the Middle East bring cash and expertise to such projects

ADNOC to start production at Ras Al Sadr gas field

ADNOC Gas awards $550m contracts to expand UAE gas infrastructure

The project will extend ADNOC Gas’ natural gas pipeline network in the UAE by about 300 kilometres

ADNOC Deploys AIQ's RoboWell AI Solution in Offshore Operations

ADNOC deploys AIQ’s AI-powered RoboWell at offshore NASR field

This marks the world’s first offshore deployment of AIQ’s RoboWell, according to a statement by ADNOC

Santos

Saudi Aramco refutes speculation on Santos bid

Adelaide-based Santos is among Australia’s top three producers of liquified natural gas

ADNOC, JBIC ink $3bn green financing agreement

ADNOC, JBIC ink $3bn green financing agreement

The credit facility is part of JBIC’s GREEN lending programme and is partially supported by Japanese commercial banks

Aramco, ADNOC reportedly weigh bids for Santos

Saudi Aramco, ADNOC Group reportedly weigh bids for Santos

The Gulf energy giants have been conducting preliminary evaluations of Santos as a possible acquisition target

ADNOC and e& set up energy sector's largest 5g private wireless network

ADNOC, e& to build energy sector’s largest private 5G network

The network will generate $1.5bn in value by 2030 by facilitating autonomous operations, optimizing production and reducing emissions

ADNOC

ADNOC’s expansion into Europe: 7 landmark deals diversifying its energy operations

ADNOC is striking strategic deals across Europe, as it seeks to diversify, its upstream and downstream operations

ADNOC revives bid to buy Germany’s Covestro, this time with $12bn offer

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 LNG

ADNOC awards multi-billion dollar contracts for Ruwais LNG plant

ADNOC’s Ruwais facility is expected to be the region’s first LNG export facility to run on clean power

Adnoc-gordon-tech

UAE’s ADNOC Drilling, Alpha Dhabi Holding to become majority shareholders in Gordon Tech

Prior to the deal, Gordon Technologies, based in Louisiana, was primarily owned by Houston-based private equity firm Pelican Energy Partners

ADNOC awards 3% stake in SARB and Umm Lulu concession to SOCAR

ADNOC awards 3% stake in SARB and Umm Lulu concession to SOCAR

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

ADNOC Make it in the emirates

ADNOC raises local manufacturing target to Dhs90bn by 2030

The energy company has expanded its ICV programme to drive Dhs178bn back into the UAE’s economy by 2028

ADNOC to acquire 10% equity stake in key LNG development in Mozambique

ADNOC to acquire 10% equity stake in key LNG development in Mozambique

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

ADNOC buys stake, signs offtake deal in NextDecade’s Rio Grande LNG Project

ADNOC buys stake, signs offtake deal in NextDecade’s Rio Grande LNG project

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