#ADNOC

ADNOC board approves Dhs466bn spending plan for 2022-26

ADNOC also announces an increase in national reserves of 4 billion STB of oil and 16 trillion SCF of natural gas

UAE pushes ahead with $20bn gas project to boost exports

ADNOC is among several major state oil companies increasing production of gas as consumers try to switch away from crude and coal

Abu Dhabi’s ADNOC, TAQA form global green energy joint venture

The partnership will create a clean energy giant, with a total generating capacity of at least 30 gigawatts of renewable energy by 2030

Abu Dhabi’s ADNOC announces $6bn investments to foster drilling growth

The investments are in the form of procurement awards to contractors

Sheikh Khaled bin Mohamed launches clean energy partnership between ADNOC, EWEC

The partnership will see up to 100 per cent of ADNOC’s grid power supplied by EWEC’s nuclear and solar clean energy sources

Abu Dhabi fertilizer firm Fertiglobe raises $800m in IPO backed by Singapore

The company will be valued at $5.8bn and the stock will start trading in Abu Dhabi on October 27

Fertiglobe set to price Abu Dhabi IPO at top end of price range

ADNOC and OCI are offering 13.8 per cent of Fertiglobe in the IPO

UAE, India aim to double trade to $100bn in five years

Indian nationals make up one of the largest population groups in the UAE

ADNOC awards exploration rights for Abu Dhabi’s offshore block 5 to Pakistani consortium

In a first, Pakistani companies will invest in and explore for oil and gas in an Abu Dhabi concession

Abu Dhabi’s ADNOC signs agreements worth up to $1bn for project engineering services

The contracted services are to be primarily carried out in the UAE

UAE sells another blue ammonia cargo to Japan in hydrogen push

Blue ammonia is made from hydrogen, a gas seen as key to the global energy transition

UAE’s ADNOC sells trial cargo of blue ammonia to Japan firm

ADNOC will send the ammonia to Japan’s Itochu Corp. for use in fertilizer production

GCC’s energy space: What does the future hold?

Stakeholders across local and regional countries are keen to pursue sustainable fuels

Abu Dhabi’s ADNOC joins global Hydrogen Council  

The council is a coalition of companies from over 20 countries pioneering hydrogen solutions

Saudi Aramco to sell more assets in multi-billion dollar push

Aramco raised $12.4bn by selling leasing rights over oil pipelines to a US-led group of investors in April

ADNOC Reliance

ADNOC and Reliance sign agreement for chemical project in Abu Dhabi

The integrated plant will produce 940 thousand tons of chlor-alkali, 1.1 million tons of ethylene dichloride and 360 thousand tons of PVC annually

UAE eyes first net zero by 2050 goal among major petrostates

The UAE is now bidding to host the UN’s global climate talks in 2023

Ruwais blue ammonia

Fertiglobe joins ADNOC’s blue ammonia facility in Abu Dhabi’s Ruwais

The facility which will likely be operational by 2025, will have a capacity of up to 1 million tons per annum

ADNOC awards $510m contract to expand Shah Sour Gas plant capacity

Over 50 per cent of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme

Abu Dhabi’s ADNOC awards $744m EPC contract to NPCC

The development will enable the Belbazem Offshore Block to achieve a crude oil production capacity of 45,000 bpd, and is expected to be operational by 2023

JPMorgan, FAB poised to win roles on IPO of ADNOC drilling unit

ADNOC is looking to sell a minority stake in its drilling unit in a deal that could value the business at up to $10bn

Abu Dhabi Murban crude set at $63.35 a barrel on June futures

The official selling price for Murban is determined based on futures trading on the ICE Future Abu Dhabi exchange

Abu Dhabi, OCI said to pick banks for IPO of fertilizer venture

The company could be valued at about $7bn including debt in the listing

UAE’s ADNOC keen to explore hydrogen market with India’s public, private sectors

Dr. Al Jaber said the UAE is well placed to capitalise on the potential of Hydrogen as a zero-carbon fuel

Revealed: Top 5 most powerful Arabs in the UAE

The highest ranking entries originating from the UAE in Gulf Business’ annual Arab power list 2021

Abu Dhabi oil giant ADNOC considers drilling, fertilizer IPOs

Deliberations on the potential listings are ongoing and no final decisions have been made

Abu Dhabi makes bid to create new global oil benchmark

ADNOC began trading Murban futures on an Abu Dhabi exchange on Monday

UAE oil firm ADNOC gets $900m investment in property unit

Abu Dhabi Pension Fund is investing in some of ADNOC’s real estate assets

Abu Dhabi

Mubadala, ADNOC and ADQ form alliance to grow green hydrogen economy in the UAE

The alliance will develop a roadmap to create hydrogen production sites in Abu Dhabi and the UAE

Saudi Aramco seeks $7.5bn loan for pipeline investors

The discussions are occurring in parallel with the sale of a stake in a pipeline unit