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ADNOC

ADNOC Secures $2 Billion K-SURE Backed Green Financing, Expanding Total Green Funding to $5 Billion in 18 months

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.

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ADNOC Secures Landmark Structured Financing of up to $11 Billion for Hail and Ghasha Gas Development

Abu 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.

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ADNOC Extends Partnership for the Formula 1 Etihad Airways Abu Dhabi Grand Prix

ADNOC 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.

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Sep 08, 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.

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Aug 29, 2025

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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Aug 28, 2025

Fatima bint Mubarak Commends Women’s Role in Nation-Building at ADNOC’s Emirati Women’s Day Event

Her Highness Sheikha Fatima bint Mubarak, the “Mother of the Nation,” Chairwoman of the General Women's Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), today noted that Emirati Women's Day is a profound reflection of the journey, achievements and successes of Emirati women and serves as a powerful reminder of their vital role in nation-building.

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Aug 27, 2025

ADNOC Signs 15-Year LNG Sales and Purchase Agreement with IndianOil for Ruwais LNG Project

ADNOC announced today it has signed a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated and diversified energy company, for the supply of 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) sourced primarily from ADNOC’s lower-carbon Ruwais LNG project.

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Jul 16, 2025

ADNOC Announces Transfer of 24.9% OMV Shareholding to XRG

Abu Dhabi National Oil Company P.J.S.C. (ADNOC) announced today its intention to transfer its 24.9% shareholding in OMV AG (OMV) to XRG P.J.S.C (XRG), its wholly-owned international investment company.

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Jun 10, 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.

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May 31, 2025

ADNOC Expands its STEM Education Program to Empower UAE Students in AI

ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education program to empower UAE students in artificial intelligence (AI) and advanced technology through an initiative called ‘STEM for Life: Future of AI Schools Challenge’ which held the finals today at the Abu Dhabi Energy Center.

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May 22, 2025

ADNOC’s Suppliers Commit to Invest AED3 Billion in Manufacturing Facilities Across UAE

ADNOC announced today that its partners across its supply chain commit to invest AED3 billion ($817 million) in manufacturing facilities across the UAE. The announcement was made at the ‘Make it in the Emirates’ forum currently underway in Abu Dhabi.

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May 22, 2025

ADNOC Awards Contracts Worth AED543 Million for Made-in-UAE Products

ADNOC announced today at the Make it in the Emirates forum the award of contracts valued at AED543 million ($147.8 million) to nine of its suppliers for locally made industrial products to be used across its value chain.

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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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