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Latest Press Releases

Shaikh Mansoor

ADNOC Announces Industry-Leading Initiative to Drive Efficiencies in its Tendering Process

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.

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Shaikh Mansoor

ADNOC Keen to Explore Potential of Hydrogen Market with India’s Public and Private Sectors

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.

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Shaikh Mansoor

ADNOC Logistics and Services Continues Strategic Expansion with Acquisition of Two Additional VLCCs

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.

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Feb 04, 2021

ADNOC Launches Initiative to Educate Kids on Biodiversity and the Environment

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.

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Feb 02, 2021

Abu Dhabi Pension Fund to Partner with ADNOC in Real Estate Investment Partnership

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.

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Jan 20, 2021

Oil and Gas Industry to Play an Important Role in Providing Practical Solutions to Climate Change

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).

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Jan 19, 2021

UAE Reinforces its Commitment to Sustainable Development in Global Post-Covid Economic Recovery

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.

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Jan 14, 2021

UAE and Japan to Cooperate on Fuel Ammonia and Carbon Recycling Technologies

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.

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Dec 21, 2020

ADNOC Awards Eni and PTTEP Consortium the First Offshore Exploration Block in Abu Dhabi’s Second Competitive Block Bid Round

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).

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Dec 20, 2020

ADNOC Affirmed Globally Industry-Leading Credit Ratings by Fitch

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.

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Dec 17, 2020

ADNOC Prioritizes Youth Development as it Nurtures the Next Generation of Emirati Talent

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.

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Dec 15, 2020

ADNOC to Boost In-Country Value to Support Post-Covid Economic Growth

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.

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Dec 10, 2020

ADNOC and ExxonMobil Sign Agreement to Collaborate on Technology Research and Development

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.

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