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Latest Press Releases

ADNOC

ADNOC to Redeem Exchangeable Bonds in ADNOC Distribution Upon Maturity in June 2024

Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) announced today that it intends to settle, via a cash payment, its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution), which bear a coupon of 0.70%, upon maturity on June 4, 2024. Fulfilling its financial obligations, ADNOC will pay up to $1.195 billion, along with up to $4.18 million in applicable interest.

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ADNOC Announces First Production from Belbazem Offshore Block

ADNOC announced today the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.

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ADNOC Signs Second Long-Term Heads of Agreement for Ruwais LNG Project

ADNOC announced today the signing of a 15-year Heads of Agreement (LNG agreement) with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of 1 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG).

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Jun 01, 2023

ADNOC and Nafis to Create an additional 5,000 Private Sector Jobs for UAE National Talent by 2027

ADNOC announced today at the Make it in the Emirates Forum in Abu Dhabi, a strategic agreement with the Emirati Talent Competitiveness Council (ETCC) through its Nafis program to create an additional 5,000 jobs for UAE Nationals in the private sector by 2027.

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Jun 01, 2023

ADNOC, John Cockerill Hydrogen, and Strata Manufacturing to Boost UAE's Hydrogen Economy

The Ministry of Industry and Advanced Technology (MoIAT) announced today at the “Make it in the Emirates” Forum in Abu Dhabi that is has supported a strategic collaboration agreement between ADNOC, John Cockerill Hydrogen and Strata Manufacturing, aiming to manufacture electrolysers in the UAE for local use and for export.

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May 31, 2023

ADNOC Signs Agreements with More than 60 Companies at Make it in the Emirates Forum in Abu Dhabi

ADNOC announced today at the Make it in the Emirates Forum in Abu Dhabi, new agreements with more than 60 UAE-based and international companies to locally manufacture critical non-oil products in its supply chain.

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May 24, 2023

ADNOC and TAQA Announce Project for Sustainable Water Supply to Onshore Operations Worth up to $2.4 Billion

ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) announced today the award of a strategic investment project estimated at up to $2.4 billion (AED 8.8 billion) to provide sustainable water supply for ADNOC’s onshore operations, reinforcing ADNOC and TAQA’s position as responsible energy leaders and underscoring their efforts to drive sustainable initiatives that deliver long-term value.

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May 11, 2023

ADNOC Launches $1 Million Decarbonization Technology Challenge

ADNOC, today launched a global competition to find innovations that will reshape the global energy landscape. The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), bp, Hub71, and the Net Zero Technology Center.

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May 11, 2023

ADNOC L&S and SeaOwl Sign Agreement to Design Remotely Operated Marine Supply Vessels

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced today it has signed an agreement with SeaOwl for the design of unmanned Remotely Operated Vessels (ROV) capable of transporting vehicles, equipment and supplies to and from offshore sites. The agreement was signed by Captain Abdulkareem Al Masabi, CEO of ADNOC L&S and Xavier Génin, CEO of SeaOwl at the UAE Climate Tech Forum organized by the Ministry of Industry and Advanced Technology.

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May 10, 2023

ADNOC and Baker Hughes Collaborate to Advance Hydrogen Technology Innovation

ADNOC and Baker Hughes announced today an agreement to accelerate the development and commercialization of technology solutions for green and low-carbon hydrogen, as well as graphene.

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May 02, 2023

Low-Carbon LNG Growth Project to Proceed in Al Ruwais Industrial City

As part of the design phase, ADNOC announced today that its world class low-carbon LNG growth project will move forward in the Al Ruwais Industrial City, Al Dhafrah, Abu Dhabi. As an operational hub for ADNOC and its operating companies, the selected location offers significant synergies and existing infrastructure that will be leveraged to deliver project efficiencies, unlocking additional value for ADNOC, its partners and the UAE.

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Apr 27, 2023

ADNOC L&S Expands its Global Operations at Philippines LNG Import Terminal

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced today the successful berthing of LNG carrier, Ish, at the AG&P Philippines LNG (PHLNG) Import Terminal in Batangas Bay, as it continues expanding its operations globally.

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Apr 17, 2023

ADNOC L&S Expands its Shipping Fleet with Deployment of Five Very Large Gas Carriers

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced today the deployment of five new-build Very Large Gas Carriers (VLGC). The gas carriers were built at Jiangnan Shipyard in Shanghai, China, and will be owned and operated by AW Shipping, an ADNOC L&S joint venture with Wanhua Chemical Group (Wanhua).

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