#ADNOC

Abu Dhabi’s ADNOC announces discovery of new natural gas resources offshore

Estimates indicate that the reserve of raw gas discovered is between 1.5–2 TSCF

ADNOC

UAE oil producer ADNOC may aim for $5bn of bonds this year

Crude has surged around 14 per cent this year to more than $85 a barrel

Abu Dhabi’s ADNOC fastest growing oil and gas brand globally

Etisalat was also named the strongest telecom brand globally

UAE’s top oil producer forms entity to sell bonds for first time

ADNOC said the new entity “intends to closely monitor market conditions and explore potential funding opportunities”

UAE security

UAE says it “reserves right to respond” to Houthi militia attack in Abu Dhabi

The UAE added that those responsible for the targeting of its civilian facilities on Monday will be held accountable

Abu Dhabi’s ADNOC, Taqa announce $3.6bn project to decarbonise offshore operations

The project is expected to reduce the carbon footprint of ADNOC’s offshore operations by more than 30 per cent

Alpha Dhabi to invest Dhs1bn in ADNOC chemicals project

The investment in Abu Dhabi Chemicals Derivatives Company, known as Ta’ziz, is part of an Dhs8bn strategy announced last week

Abu Dhabi’s ADNOC announces new oil and gas discoveries

The discoveries of up to 1 billion barrels of oil equivalent have been made at an exploration well in Onshore Block 4 concession

ADNOC’s AI venture signs deal with Beyond Limits

Companies sign Memorandum of Understanding to jointly boost innovation and AI commercialisation to support oil and gas organisations in the UAE

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

ADNOC

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 makes second highest profit on surging oil prices

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