Hamburger Buttonclosesearch
العربيةkeyboard_arrow_right

Latest Press Releases

ADNOC Successfully Completes $2.84 Billion Marketed Offering of ADNOC Gas Shares

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), announced today the final offer price and successful completion of the marketed offering (the “Offering”) to institutional investors of 3.1 billion ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234). This represents 4% of the issued and outstanding share capital of ADNOC Gas and will increase the Company’s free float by 80% (to headline 9%).

Read More

Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of ADNOC Board of Directors

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors.

Read More

ADNOC to Offer Approximately 3.1 Billion Shares of ADNOC Gas Through a Marketed Offering

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), the current majority shareholder of 90% of the ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234), announced today its intention to offer approximately 3.1 billion shares through a Marketed Offering (“the Offering”).

Read More
Filters
close
News

Filter ADNOC Newsroom

article-img

Read More
article-img
Feb 21, 2025

ADNOC Successfully Completes $2.84 Billion Marketed Offering of ADNOC Gas Shares

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), announced today the final offer price and successful completion of the marketed offering (the “Offering”) to institutional investors of 3.1 billion ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234). This represents 4% of the issued and outstanding share capital of ADNOC Gas and will increase the Company’s free float by 80% (to headline 9%).

Read More
article-img
Feb 20, 2025

Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of ADNOC Board of Directors

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors.

Read More
article-img
Feb 20, 2025

ADNOC to Offer Approximately 3.1 Billion Shares of ADNOC Gas Through a Marketed Offering

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), the current majority shareholder of 90% of the ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234), announced today its intention to offer approximately 3.1 billion shares through a Marketed Offering (“the Offering”).

Read More
article-img
Feb 03, 2025

TA’ZIZ Announces $1.7 Billion Award to Build First Methanol Plant in the UAE

TA’ZIZ announced today an engineering, procurement and construction (EPC) contract award of $1.7 billion (AED6.2 billion) to SAMSUNG E&A for the construction of one of the world’s largest methanol plants in Al Ruwais Industrial City, Al Dhafra region, Abu Dhabi.

Read More
article-img
Feb 01, 2025

ADNOC Update on Potential Polyolefin Opportunities

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) confirms that negotiations with OMV AG (“OMV”) about the potential creation of a new global polyolefins group, through the proposed combination of their existing shareholdings in Borouge plc (“Borouge”) and Borealis AG (“Borealis”) are ongoing in a constructive and positive manner, while contemplating the acquisition of Nova Chemicals Corporation (“Nova”) from Mubadala Investment Company (“Mubadala”) and contribution to the combined entity. The transactions are subject to respective agreements, regulatory approvals and customary conditions.

Read More
article-img
Jan 23, 2025

ADNOC Achieves Industry-Leading Carbon Intensity at Shah Oil Field Enabled by AI and Advanced Technologies

ADNOC announced today that its onshore Shah Field has achieved an industry-leading carbon intensity of 0.1 kilograms of carbon dioxide equivalent per barrel of oil equivalent (kgCO2e/boe), setting a benchmark among global oil fields. This milestone achievement underscores ADNOC’s commitment to producing some of the world’s least carbon-intensive oil and gas.

Read More
article-img
Jan 22, 2025

Brand Finance Names ADNOC UAE’s Most Valuable Brand for Seventh Consecutive Year at $18.9 Billion

ADNOC has retained its position as the UAE's most valuable brand for an extraordinary seventh consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation consultancy.

Read More
article-img
Jan 16, 2025

ADNOC and AIQ Successfully Complete Trial Phase of Agentic AI Solution

ADNOC and AIQ announced today the successful proof-of-concept trial of ENERGYai, the world’s first-of-its-kind agentic artificial intelligence (AI) solution tailored for the energy sector. ENERGYai integrates a 70-billion-parameter large language model (LLM) with over 50 years of ADNOC’s knowledge and petabytes of its proprietary data, to drive optimization and efficiency across the company’s operations.

Read More
article-img
Dec 16, 2024

ADNOC Signs 15-Year, 0.6 mtpa Sales and Purchase Agreement with EnBW for Ruwais LNG Project

ADNOC announced today it has signed a third Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, with Germany’s EnBW Energie Baden-Württemberg AG (EnBW), one of the largest operators of energy infrastructure in Germany and across Europe. The 15-year SPA for supplying 0.6 million tonnes per annum (mtpa) of LNG converts a previous Heads of Agreement between ADNOC and EnBW into a definitive agreement.

Read More
article-img
Dec 06, 2024

ADNOC Partners with Local and Federal Entities to Boost Local Manufacturing Capabilities

ADNOC has signed a Strategic Collaboration Agreement (SCA) with the Ministry of Industry and Advanced Technology (MoIAT), Abu Dhabi Department of Economic Development (ADDED), Abu Dhabi Investment Office (ADIO), and Abu Dhabi Chamber of Commerce and Industry (ADDCI), aimed at boosting local manufacturing capabilities.

Read More