Latest Press Releases

Abu Dhabi, UAE – 08 December 2022: Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (ADNOC) announced today the successful completion of the Masdar transaction, following which they will all become shareholders in Abu Dhabi Future Energy Company (Masdar) – Abu Dhabi’s flagship clean energy company.

Abu Dhabi – December 6, 2022: Abu Dhabi National Oil Company (ADNOC) is accelerating operationalization of its board mandated low carbon growth strategy, by establishing a new Low Carbon Solutions and International Growth vertical that will focus on renewable energy, clean hydrogen and carbon capture and storage, as well as international expansion in gas, liquefied natural gas (LNG) and chemicals. Musabbeh Al Kaabi has been appointed Executive Director of the new vertical.

Abu Dhabi – December 6, 2022: Abu Dhabi National Oil Company (ADNOC) has signed contracts worth over AED 1 billion with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027.

Abu Dhabi – December 5, 2022: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the King of Malaysia His Majesty Seri Paduka Baginda the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin AlMustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah have witnessed the signing of a historic concession agreement between Abu Dhabi National Oil Company (ADNOC) and PETRONAS for Abu Dhabi’s Unconventional Onshore Block. 1. The pioneering award to Malaysia’s national oil and gas company launches the Middle East’s first unconventional oil concession.

Abu Dhabi, UAE – November 28, 2022: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, today presided over the annual meeting of the Abu Dhabi National Oil Company (ADNOC) Board of Directors, in his capacity as its Chairman.

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), announced today the successful closing of its acquisition of Zakher Marine International (ZMI), an Abu Dhabi-based owner and operator of offshore support vessels, with the world’s largest fleet of self-propelled jack-up barges. Financial details of the transaction are not being disclosed.

ADNOC Refining, a joint venture company between the Abu Dhabi National Oil Company (ADNOC), Eni, and OMV announced today that it has entered into a strategic agreement with ADQ, an Abu Dhabi-based investment and holding company, Veolia Middle East (Veolia), and Vision International Investment Company (Vision Invest) to acquire its waste management operations in Al Ruways Industrial City, Abu Dhabi.

Abu Dhabi National Oil Company (ADNOC) has signed agreements with 25 companies potentially worth AED 35 billion that will stimulate investment in local manufacturing of critical products in support of the diversification of the United Arab Emirates (UAE’s) industrial and manufacturing infrastructure.

Abu Dhabi National Oil Company (ADNOC) and ADQ, the majority shareholders in TA’ZIZ, launched, today, the next phase of growth at the TA’ZIZ Industrial Chemicals Zone, in Al Ruways Industrial City, which will more than double the number of chemicals produced at the industrial hub.

Abu Dhabi – November 2, 2022: Abu Dhabi National Oil Company (ADNOC) and Siemens Energy AG today announced plans to pilot blockchain technology to certify the carbon intensity of a range of products.