4.85m barrels capacity of oil per day
11.5bcf of natural gas per day
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
Our 2030 Sustainability Strategy test
Our 2030 Sustainability Strategy test
ADNOC has signed a $2 billion (AED 7.34 billion) green financing agreement backed by Korea Trade Insurance Corporation (K-SURE) to fund lower carbon projects across its operations. The deal reinforces ADNOC’s ambition to integrate sustainable finance into its growth plans. The agreement was announced during the visit of His Excellency Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO to South Korea, where he met with Mr. Youngjin Jang, President and Chairman of K-SURE.
Read MoreAbu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), in partnership with Eni S.p.A. (“Eni”) and PTT Exploration and Production Public Company Limited (“PTTEP”), today announced the successful signing of a landmark structured financing transaction of up to $11 billion (AED 40.4 billion), to monetize Hail and Ghasha’s midstream future gas production.
Read MoreADNOC today announced an extended multi-year partnership with Ethara to sponsor the Formula 1® Etihad Airways Abu Dhabi Grand Prix. As an Official Founding Partner since 2019, ADNOC will introduce The Race Within, its new F1 campaign that highlights the UAE’s spirit of performance, ambition and national pride. The campaign brings forward the discipline, focus and teamwork that define both ADNOC and Formula 1, reflecting the shared drive that powers the UAE’s progress.
Read MoreADNOC today announced a 15-year Sales and Purchase Agreement (SPA) with Shell International Trading Middle East Limited FZE, a wholly-owned subsidiary of Shell plc (Shell), for the delivery of up to 1 million tons per annum (mtpa) of liquefied natural gas (LNG).
In the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO today, called on energy industry leaders, policy makers and investors to follow the UAE’s lead and drive pragmatic policies and bold partnerships, to boost job creation, socioeconomic growth, and global competitiveness.
ADNOC and SLB today announced the launch of an artificial intelligence (AI)-powered Production System Optimization (AiPSO) platform with initial deployment across eight fields. The launch positions ADNOC as an industry pioneer in implementing AI-driven production system optimization at scale across all fields, enabling the company to take a significant step towards becoming the world’s most AI-enabled energy company. The announcement was made at ADIPEC which is taking place in Abu Dhabi.
ADNOC, Masdar and XRG, today convened over 100 global leaders from the energy, technology, investment and government sectors at the ENACT Majlis in Abu Dhabi to advance the integrated solutions needed to ignite the twin engines of energy and artificial intelligence (AI) to accelerate global growth.
ADNOC, Masdar, XRG, and Microsoft today announced a strategic agreement to accelerate artificial intelligence (AI) deployment across ADNOC’s value chain, and to deliver energy solutions for Microsoft’s global AI and data center growth. The collaboration was announced at the ENACT Majlis in Abu Dhabi, ahead of ADIPEC.
ADNOC and Gecko Robotics have expanded their strategic partnership with three new agreements to explore deploying robotics and artificial intelligence (AI) across ADNOC’s operations and boosting future skills training for UAE Nationals.
ADNOC, will convene 100 global leaders from the energy, technology, investment and government sectors at the ENACT Majlis in Abu Dhabi, on Sunday, to explore how the intersection of AI, energy and investment can advance the integrated solutions needed to unlock AI’s potential to turbo-charge sustainable growth and global prosperity.
ADNOC has announced a target to distribute AED158 billion ($43 billion) in dividends across its six publicly listed companies through to 2030, subject to customary approvals, in addition to the AED86 billion ($23 billion) already paid since the first company Initial Public Offering (IPO) in 2017. ADNOC’s six listed companies represent more than AED550 billion ($150 billion) of the market cap and nearly 40% of the annual dividends paid on the ADX1
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.