The Abu Dhabi National Oil Company (ADNOC) is set to acquire a 30% equity stake in the producing Absheron gas and condensate field located in the Caspian Sea. This significant move for a stake in the Absheron Gas Field forms part of ADNOC’s efforts to tap into the international gas market and solidifies the energy […]
International energy service provider, Petrofac, has been chosen by ADNOC Gas Processing, a subsidiary of Abu Dhabi National Oil Company (ADNOC), to undertake a significant new engineering, procurement and construction (EPC) project at its Habshan Complex. The contract, valued at approximately $700 million, was awarded to Petrofac Emirates. The EPC project entails the construction of […]
ADNOC Drilling Company PJSC has secured five contracts for a total value of approximately $2 billion to support the growing drilling operations of ADNOC Offshore. These long-term contracts, reflecting the robust offshore jack-up market’s higher day rates, will be instrumental in drilling operations across five fields in ADNOC’s offshore portfolio. The contracts, set to bolster […]
ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) have unveiled plans for a groundbreaking investment project worth up to $2.4 billion (AED 8.8 billion). This strategic initiative aims to ensure a sustainable water supply project for ADNOC’s onshore operations, further solidifying their roles as responsible energy leaders and demonstrating their commitment to driving long-term […]
Abu Dhabi chemicals derivatives company (TA’ZIZ) and Proman, a methanol manufacturer, will develop a methanol production plant at the TA’ZIZ Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi, UAE. The proposed plant is said to be the UAE’s first world-scale methanol production facility and decrease the country’s reliance on imports. TA’ZIZ is a […]
The Abu Dhabi National Oil Company (ADNOC) has collaborated with thyssenkrupp Uhde, a Germany-based subsidiary of thyssenkrupp Group, to create new markets for clean hydrogen and encourage global clean energy value chains. The partnership will develop large-scale ammonia cracking facilities with thyssenkrupp uhde reformer technology to extract hydrogen from ammonia after transportation. The agreement will […]
GAIL (India), a natural gas company, has collaborated with Abu Dhabi National Oil Company (ADNOC) to explore liquefied natural gas (LNG) supply and decarbonization opportunities. The partnership is expected to encourage low carbon LNG supplies by optimizing LNG trading activities, reviewing joint equity investments in both energy and renewables, and monitoring greenhouse gasses for LNG […]
Abu Dhabi National Oil Company (ADNOC) has awarded a $1.53 billion contract to ADNOC Drilling to expand its crude oil production capacity. Under the two-year contract, ADNOC Drilling will support ADNOC’s offshore operations by providing 12 jack-up rigs and two island rigs and the associated integrated drilling services (IDS). ADNOC Drilling has delivered integrated drilling […]
Petrofac has secured two-year field maintenance services contract extension to support operations pertaining to the Haliba oil field in the UAE from Al Dhafra Petroleum, a part of the Abu Dhabi National Oil Company (ADNOC) group. As per the terms of the extended contract, Petrofac will provide specialist personnel for maintaining and supporting facilities at […]
Reliance Industries Limited has signed an agreement with Abu Dhabi National Oil Company (ADNOC) for developing a chlor-alkali, ethylene dichloride, and polyvinyl chloride (PVC) production facility at TA’ZIZ in Ruwais, Abu Dhabi. The agreement is said to tap into the increasing demand for the critical industrial raw materials and utilizes the strengths of ADNOC and […]