#ADNOC
Deliberations regarding the US energy-focused investment firm’s assets also involve other parties
Speaking at CERAWeek, Dr Sultan Ahmed Al Jaber called for pro-growth, pro-investment energy policies; and emphasised AI’s dependence on energy
The wide-scale deployment of the world’s first large-scale agentic AI solution for the energy sector follows he successful completion of ENERGYai ‘strial phase across ADNOC’s upstream operations
Borouge Group International will be jointly controlled as an equal partnership between ADNOC and OMV, with OMV injecting EUR1.6bn cash into the consolidated entity to equalise shareholding
Under the deal, LNG cargoes will be shipped to Osaka Gas and its Singapore-based subsidiary, Osaka Gas Energy Supply and Trading
The offering increased ADNOC Gas’ free float by 80 per cent, enhancing liquidity and providing a clear pathway for MSCI and FTSE indexation
In 2024 alone, ADNOC’s ICV programme reinvested Dhs55bn into the UAE economy and helped facilitate the creation of 5,500 private-sector jobs
Arcius Energy will focus on natural gas growth to meet growing regional demand while supporting Egyptian energy security and economic development
The Ruwais LNG facility is poised to make history as the first LNG export terminal in the region to be powered by clean energy
XRG will initially focus on transformational global investments that create value across natural gas, chemicals, and lower-carbon energy solutions
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’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