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Nov 06, 2024

ADNOC Awards $490 Million Contract to Expand World’s Largest 3D Seismic Survey

ADNOC announced today the award of a contract to BGP Inc., a subsidiary of China National Petroleum Company (CNPC), worth up to $490 million (AED1.79 billion), to expand the scope of the world’s largest combined three-dimensional (3D) onshore and offshore seismic survey currently underway in the Emirate of Abu Dhabi. The contract will focus on identifying additional oil and gas resources in ADNOC’s producing onshore fields.

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Nov 05, 2024

ADNOC and Masdar Collaborate with Microsoft to Drive AI Deployment and Low-Carbon Solutions

ADNOC and Abu Dhabi Future Energy Company (Masdar) announced today the signing of a Strategic Collaboration Agreement (SCA) with Microsoft on a range of artificial intelligence (AI) and low-carbon initiatives in the UAE and globally aimed at decarbonizing the energy system of today and enabling a sustainable energy system for the future. The announcement was made at ADIPEC which is currently taking place in Abu Dhabi.

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Nov 05, 2024

ADNOC Awards $920 Million Contract to Extend AI-Powered Well Digitalization Program to Cover over 2,000 Wells

ADNOC announced today the award of an engineering, procurement and construction (EPC) contract to Jereh Oil & Gas Engineering Corporation, worth up to $920 million (AED3.38 billion), to install remote sensing and well operating equipment at its onshore Bab, Bu Hasa and Southeast fields, extending its AI-powered well digitalization program to cover the fields.

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Nov 04, 2024

Dr. Sultan Al Jaber Rallies Energy Industry to Lead the World to the Next Phase of Sustainable Socioeconomic Growth

In the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, and His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, rallied the energy industry to lead the world to the next phase of sustainable socioeconomic growth.

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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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