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Latest Press Releases

TA’ZIZ Signs Landmark Offtake Agreement with India’s Sanmar, Securing Major Export Deal from Ruwais

TA’ZIZ today announced the signing of two product sale agreement term sheets with The Sanmar Group, a leading global producer of polyvinyl chloride (PVC) and specialty chemicals, for the supply of key petrochemical feedstocks.

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ADNOC Partners with Comera Financial Holdings to Empower its UAE Suppliers and SMEs with Smart Financing Solutions

ADNOC has signed a strategic partnership with Comera Financial Holdings to enhance financial access for ADNOC’s UAE-based small and medium enterprises (SMEs) and suppliers. The collaboration will launch a financing program, enabling SMEs and suppliers to access working capital more efficiently to enable them to more swiftly deliver on ADNOC purchase orders (PO).

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TA’ZIZ Awards $1.99 Billion EPC Contract to Build One of the World’s Largest PVC Complexes

TA’ZIZ today announced the award of a $1.99 billion Engineering, Procurement and Construction (EPC) contract to China National Chemical Engineering & Construction Corporation Seven, Ltd. (CC7), to build the UAE’s first, and among the top three largest integrated single-site polyvinyl chloride (PVC) production complexes in the world.

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Jan 23, 2025

ADNOC Achieves Industry-Leading Carbon Intensity at Shah Oil Field Enabled by AI and Advanced Technologies

ADNOC announced today that its onshore Shah Field has achieved an industry-leading carbon intensity of 0.1 kilograms of carbon dioxide equivalent per barrel of oil equivalent (kgCO2e/boe), setting a benchmark among global oil fields. This milestone achievement underscores ADNOC’s commitment to producing some of the world’s least carbon-intensive oil and gas.

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Jan 22, 2025

Brand Finance Names ADNOC UAE’s Most Valuable Brand for Seventh Consecutive Year at $18.9 Billion

ADNOC has retained its position as the UAE's most valuable brand for an extraordinary seventh consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation consultancy.

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Jan 16, 2025

ADNOC and AIQ Successfully Complete Trial Phase of Agentic AI Solution

ADNOC and AIQ announced today the successful proof-of-concept trial of ENERGYai, the world’s first-of-its-kind agentic artificial intelligence (AI) solution tailored for the energy sector. ENERGYai integrates a 70-billion-parameter large language model (LLM) with over 50 years of ADNOC’s knowledge and petabytes of its proprietary data, to drive optimization and efficiency across the company’s operations.

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Dec 16, 2024

ADNOC Signs 15-Year, 0.6 mtpa Sales and Purchase Agreement with EnBW for Ruwais LNG Project

ADNOC announced today it has signed a third Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, with Germany’s EnBW Energie Baden-Württemberg AG (EnBW), one of the largest operators of energy infrastructure in Germany and across Europe. The 15-year SPA for supplying 0.6 million tonnes per annum (mtpa) of LNG converts a previous Heads of Agreement between ADNOC and EnBW into a definitive agreement.

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Dec 06, 2024

ADNOC Partners with Local and Federal Entities to Boost Local Manufacturing Capabilities

ADNOC has signed a Strategic Collaboration Agreement (SCA) with the Ministry of Industry and Advanced Technology (MoIAT), Abu Dhabi Department of Economic Development (ADDED), Abu Dhabi Investment Office (ADIO), and Abu Dhabi Chamber of Commerce and Industry (ADDCI), aimed at boosting local manufacturing capabilities.

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Dec 05, 2024

ADNOC Signs 15-Year, 1 mtpa Sales and Purchase Agreement with PETRONAS for Ruwais LNG Project

ADNOC announced today it has signed a second Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquified natural gas (LNG) project, with Malaysia’s PETRONAS. The 15-year SPA for supplying 1 million tonnes per annum (mtpa) of LNG converts a previous Heads of Agreement between ADNOC and PETRONAS into a definitive agreement.

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Nov 27, 2024

UAE President Chairs ADNOC Board of Directors Meeting

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors.

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Nov 27, 2024

ADNOC LAUNCHES XRG: AN $80+ BILLION LOWER-CARBON ENERGY AND CHEMICALS INVESTMENT POWERHOUSE

Following the Board’s strategic endorsement, ADNOC today announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion.

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Nov 25, 2024

ADNOC Statement on Recent Media Reports

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), the current majority shareholder of 90% of the ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234), notes recent media reports about a potential capital market transaction involving ADNOC Gas.

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Nov 14, 2024

The UAE’s First Energy Commodities Trading Academy Announces Fourth Cohort

ADNOC announced today the fourth cohort of its prestigious Trading Academy, which prepares ADNOC’s UAE National talent for roles in the company’s world-class trading operations, ADNOC Global Trading (AGT) and ADNOC Trading (AT).

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