ADNOC Gas, an affiliate of the Abu Dhabi National Oil Company (ADNOC), is set to expand its reach in the global liquefied natural gas (LNG) market through a $5 billion acquisition of ADNOC’s 60% stake in the Ruwais LNG project. Scheduled for completion by the second half of 2028, this acquisition reinforces ADNOC Gas’s mission […]
The Abu Dhabi Chemicals Derivatives Company, TA’ZIZ, has awarded engineering, procurement, and construction (EPC) contracts worth more than $2 billion to establish a state-of-the-art chemicals infrastructure at the Al Ruwais Industrial City. The massive investment marks a significant step in transforming the region into a central hub for chemicals and low-carbon energy solutions, placing the […]
ADNOC has entered into a substantial engineering, procurement, and construction (EPC) agreement with Jereh Oil & Gas Engineering Corporation, valued at AED 3.38 billion ($920 million). This pivotal contract will see the installation of advanced remote sensing and well operation technologies at ADNOC’s onshore Bab, Bu Hasa, and Southeast fields, significantly broadening the scope of […]
In a significant milestone for the energy sector, the National Marine Dredging Company (NMDC) has won a monumental $200 million contract from the Abu Dhabi National Oil Company (ADNOC) for its Ruwais LNG project. This project, strategically located in Al Ruwais Industrial City, Abu Dhabi, is poised to become one of the world’s lowest-carbon-intensity LNG […]