The Abu Dhabi National Oil Company (ADNOC) announced today, it has successfully implemented an innovative initiative to drive efficiencies in its tendering process. This program supports ADNOC’s ongoing efforts to enhance its approach to procurement and maximize value for ADNOC and its community of suppliers and service providers.Read More
The Abu Dhabi National Oil Company (ADNOC) is keen to explore the Hydrogen market with India’s public and private sectors to support India’s growing demand for energy and need for cleaner fuels according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC.Read More
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), today announced the acquisition of two additional Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight.Read More
The Abu Dhabi National Oil Company (ADNOC) announced today, an initiative to educate children on the importance of mangrove forests in promoting biodiversity and protecting the environment as it reinforces its long-standing commitment to environmental stewardship and sustainability.
The Abu Dhabi National Oil Company (“ADNOC”) announced today, that it has signed and completed a strategic real estate investment partnership with Abu Dhabi Pension Fund (“ADPF”). The transaction is ADPF’s third successive energy infrastructure and real estate asset partnership with ADNOC and marks ADPF’s largest single transaction with ADNOC to date.
The United Arab Emirates (UAE) looks forward to working closely with the Biden Administration on global efforts to mitigate climate change while accelerating post-Covid Economic Recovery according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Group CEO of the Abu Dhabi National Oil Company (ADNOC).
The United Arab Emirates (UAE) is reinforcing its commitment to sustainable development in global post-Covid economic recovery according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and UAE’s special envoy for Climate Change and Chairman of Masdar.
The United Arab Emirates (UAE) and Japan today, agreed to cooperate on Fuel Ammonia and Carbon Recycling technologies during the UAE’s virtual business trip to Japan.
The Abu Dhabi National Oil Company (ADNOC) announced, today, the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 3 to a consortium led by Eni Abu Dhabi B.V., a wholly-owned subsidiary of Italy’s multinational energy company, Eni, and PTTEP MENA Ltd., a wholly-owned subsidiary of Thailand’s PTT Exploration and Production Public Company Limited (PTTEP).
Fitch Ratings (Fitch) has affirmed ADNOC Group a standalone credit rating of AA+. According to Fitch, the rating reflects ADNOC’s high upstream production and vast oil reserves, very low cost of production, integration into downstream operations, very conservative financial policies, high financial flexibility and low leverage, and its strong unit profitability.
The Abu Dhabi National Oil Company (ADNOC) today, reinforced its commitment to developing and empowering Emirati youths during the ADNOC Youth Forum which was held virtually with over 3000 youths in attendance from across the ADNOC Group. ADNOC is prioritizing youth development as it nurtures the next generation of Emirati talent that will build on its legacy of success and drive its performance to new heights.
The Abu Dhabi National Oil Company (ADNOC) announced today, it will boost in-country value (ICV) to the United Arab Emirates (UAE) to support post-Covid economic growth through its hugely successful ICV program.
The Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with Exxon Al Khalij Inc. (ExxonMobil), focused on exploring joint technology research and development (R&D) partnership opportunities across the oil and gas upstream value chain.