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Latest Press Releases

ADNOC

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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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 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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Nov 04, 2024

Dr. Sultan Al Jaber Convenes Leaders in Energy, Technology, Climate and Investment to Forge Sustainable Technology-Energy Partnerships for AI's Rapid Expansion

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, today convened 80 global leaders from the energy, technology, climate, and investment sectors at a majlis to harness the opportunities of the AI-Energy-Climate Nexus.

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Nov 04, 2024

ADNOC and AIQ Developing First-of-a-Kind Agentic AI Solution for Global Energy Transformation

ADNOC and AIQ announced today at ADIPEC the launch of ENERGYai, the world’s first-of-its-kind custom-built agentic artificial intelligence (AI) solution for the global energy transformation.

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Oct 31, 2024

ADNOC, Masdar and Microsoft Release Powering Possible: AI and Energy for a Sustainable Future

ADNOC, Masdar and Microsoft have jointly published a new report titled “Powering Possible: AI and Energy for a Sustainable Future” exploring the transformative potential of artificial intelligence (AI) in driving the global energy sector towards a net zero future. The report highlights AI’s potential to optimize energy efficiency, manage complex energy systems, reduce greenhouse gas emissions, and innovate carbon-free energy solutions while addressing the growing energy demands of AI technology itself.

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Oct 17, 2024

ADNOC and AIQ Accelerate Deployment of Industry-First AR360 AI Solution

ADNOC announced today the deployment of AIQ’s Advanced Reservoir 360 (AR360) solution on more than 30 reservoirs across ADNOC’s upstream operations, following the solution’s successful initial deployment in early 2024 on two ADNOC reservoirs at Bab and Umm Shaif fields.

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Oct 15, 2024

Fertiglobe Becomes ADNOC’s Platform for Low-Carbon Ammonia Growth Globally

ADNOC today announced the completion of its acquisition of OCI Global’s 50% + 1 shareholding in Fertiglobe plc (ADX: FERTIGLB), increasing its share in the Company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities Exchange (“ADX”).

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Oct 11, 2024

ADNOC to Close Acquisition of Controlling Stake in Fertiglobe

Abu Dhabi National Oil Company P.J.S.C. (“ADNOC”) announced today that its acquisition of OCI’s 50% + 1 share stake in Fertiglobe, which was announced in December 2023, has received all required approvals and is expected to close on Tuesday, October 15, 2024.

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Sep 11, 2024

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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Sep 10, 2024

ADNOC Signs Heads of Agreement with IndianOil for Ruwais LNG Project

ADNOC announced today the signing of a long-term Heads of Agreement (LNG agreement) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated and diversified energy company, for the delivery of 1 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG).

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Sep 04, 2024

Khaled bin Mohamed bin Zayed Witnesses Signing Ceremony for ADNOC and ExxonMobil to Partner in World’s Largest Low-Carbon Hydrogen Facility

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of an agreement today, in which ADNOC will acquire a 35% equity stake in ExxonMobil Corporation’s (NYSE: XOM) proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas.

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Aug 29, 2024

Fatima bint Mubarak Praises ADNOC’s Gender Initiatives on 10th Annual Emirati Women’s Day

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 highlighted how Emirati Women's Day is a profound reflection of the journey, achievements and successes of Emirati women.

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