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Our evolution

Our evolution

Established in 2019, ADNOC Global Trading is one of the newest ADNOC Operating Companies in the ADNOC Group of companies.

As part of ADNOC Group, we build on a solid foundation as the reliable, steadfast and agile supplier of our products to domestic and international customers.

ADNOC integrates trading operations, enabling ADNOC Global Trading to drive greater value and growth across the energy chain and optimize our existing assets and business flows.

January 2019

ADNOC, ENI and OMV sign the Share Purchase Agreement to transfer equity interest in ADNOC Refining and agree to establish a Trading Joint Venture.

July 2019

ADNOC, ENI and OMV sign the Shareholders’ Agreement to establish ADNOC Global Trading

ADNOC Global Trading is incorporated in ADGM

December 2019

First meeting of the ADNOC Global Trading Board of Directors

ADNOC Global Trading begins establishing and implementing the required processes, procedures and systems to start commercial operations

August 2020

ADNOC Global Trading opens new Headquarters offices in ADGM.

From 2020

ADNOC Global Trading begins the optimization of existing assets and business flows

ADNOC Global Trading starts commercial operations.