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Latest Press Releases

ADNOC

ADNOC Announces Internal Transfers of Shareholdings in its Listed Companies to XRG

Abu Dhabi National Oil Company (ADNOC) P.J.S.C announced today that it will transfer its equity stakes in its listed companies to XRG P.J.S.C. (XRG), ADNOC’s wholly-owned international energy investment company. ADNOC will continue to retain control and ultimate ownership of the listed companies through its 100% shareholding of XRG and reaffirms its commitment to long-term value creation and capital discipline.

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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.

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ADNOC

ADNOC Successfully Completes c.AED 1.16 Billion Sale of ADNOC L&S Shares, Increasing Liquidity and Unlocking Pathway for MSCI Index Inclusion

Abu Dhabi National Oil Company (ADNOC) today announced that it has successfully completed a placement to institutional investors of c.222 million shares in ADNOC Logistics & Services plc (“ADNOC L&S” or the “Company”), representing approximately 3% of the Company’s issued share capital. The Offering highlights ADNOC’s continued focus on driving long-term shareholder value and execution of its strategy to achieve MSCI index inclusion for its listed companies. The transaction improves the liquidity in ADNOC L&S’s shares by increasing its free float to c.22% and further diversifies the Company’s investor base. The offering is expected to pave the way for potential MSCI indexation, increasing international and domestic investor awareness of ADNOC L&S’s differentiated proposition as leader in global energy maritime logistics.

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May 21, 2025

ADNOC Signs AED6 Billion Framework Agreements to Manufacture Critical Industrial Equipment in the UAE

ADNOC announced today that it has signed framework agreements valued at AED6 billion ($1.64 billion) with 12 UAE-based companies for manufacturing of critical industrial equipment in the UAE, supporting the ‘Make it in the Emirates’ initiative.

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May 20, 2025

ADNOC and EGA Sign $500 Million Deal to Localize Supply of Key Raw Material in Aluminum Production

ADNOC and Emirates Global Aluminium (EGA) announced today a five-year supply agreement for up to 1.5 million tonnes of calcined petroleum coke (petcoke), a key raw material used in aluminum production. The agreement, valued at $500 million (AED1.84 billion), was signed during the ‘Make it in the Emirates’ event currently taking place in Abu Dhabi, underscoring ADNOC’s commitment to supporting the UAE’s industrial growth and enhancing local supply chains.

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May 20, 2025

ADNOC and Tawazun Council Partner to Strengthen Collaboration in Key Sectors

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May 19, 2025

ADNOC and Tubacex Sign Agreement to Localize Oilfield Technology in the UAE

ADNOC announced today the signing of a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions, to localize critical oilfield technology, enhancing the resilience of the UAE’s industrial base. The announcement was made at the ‘Make it in the Emirates’ forum in Abu Dhabi.

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May 16, 2025

ADNOC Deepens Energy Partnerships with US Companies

ADNOC today announced multiple agreements with United States (US) energy majors during the United Arab Emirates (UAE)-US business dialogue with US President Donald J. Trump. The agreements will potentially enable $60 billion of US investments in UAE energy projects across the lifespan of the projects.

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Apr 22, 2025

ADNOC Launches “Make it with ADNOC” App to Boost Local Manufacturing and Industrial Growth

ADNOC today announced the launch of “Make it with ADNOC”, a first-of-its-kind mobile application, to boost local manufacturing and accelerate the UAE’s industrial growth.

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Apr 10, 2025

US Secretary of Energy Chris Wright Meets UAE Energy Leaders at ADNOC HQ

The United States (US) Energy Secretary Chris Wright today met with UAE energy, technology and investment leaders at ADNOC HQ to reinforce the growing ties between both nations, deepen collaboration and explore new partnership opportunities, during his first official overseas trip since assuming office.

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Mar 27, 2025

ADNOC Employees Welcome Dr. Sultan Al Jaber for Iftar at Habshan 5 Gas Facility

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, visited ADNOC Gas’ Habshan 5 gas processing facility, part of the Habshan Industrial Complex, for an Iftar gathering with ADNOC employees. His visit recognized the critical role of the Habshan team in delivering ADNOC’s strategic objectives while marking the UAE’s Year of Community – an initiative dedicated to strengthening social bonds and driving collective progress under the theme “Hand in Hand”.

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Mar 23, 2025

Dr. Sultan Al Jaber Joins ADNOC Employees for Iftar at Zirku Island

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, visited Zirku Island, located 140 kilometers (km) northwest of Abu Dhabi, for an Iftar gathering with ADNOC Offshore’s team, marking the Holy Month of Ramadan and celebrating the team’s contribution to delivering ADNOC’s strategic objectives in the UAE Year of Community.

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Mar 11, 2025

Positive Energy and Pragmatic Actions Needed to Drive Global Growth and Rise of AI: Dr. Sultan Al Jaber

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman of Masdar and Executive Chairman of XRG, today said that positive energy and pragmatic actions were needed to drive global growth and power the rise of artificial intelligence (AI).

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