Masdar, Infinity Power, and Hassan Allam Utilities, which is the investment and development arm of Hassan Allam Holding, will construct a 10GW wind project in Egypt. Infinity Power is a joint venture between Masdar, a UAE-government owned renewable energy company, and Infinity, which is an Egyptian renewable energy developer. A memorandum of understanding (MoU) was […]
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 […]
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 […]
US oil and gas company Occidental Petroleum has been granted exploration rights to Abu Dhabi’s Onshore Block 3 from the Abu Dhabi National Oil Company (ADNOC) for a participation fee of AED893 million ($244 million). The concession agreement signed by the two parties will be valid for 35 years. Onshore Block 3 is an onshore […]