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Adnoc
Oil&Gas Drilling
ADNOC Awards Record US$4bn in Framework Agreements for IDFS
In a positive move for lower energy cost & low carbon intensive production, contracts have been awarded to ADNOC Drilling, SLB and Halliburton.
Crude Oil
World Set to Lose 5 Million Barrels of Oil per Day if Investment Stops
The world will lose 5 million barrels per day of oil each year from current supplies if spending comes to a halt, Dr Sultan Al Jaber, managing director and grou…
Hydrogen Project
Hydrogen to Deliver More Than $8.7BN Annually to the UAE Economy – Report
Opportunities are driving multibillion-dollar investments individually and jointly, through bilateral agreements such as the strategic partnership between bp, A…
Crude Oil
ADNOC Drilling Contract as UAE Steps up Oil & Gas Production
ADNOC Offshore awards US$980m contract for the hire of two jack-up offshore rigs and associated manpower and equipment.
Adnoc Drilling Secures $1.53bn Contract to Boost Adnoc's Offshore Operations
More than 80% of the contract value will flow back into the UAE economy through Adnoc's In-Country Value programme
LNG
Adnoc Signs Agreements to Supply LNG and Diesel to Germany
State oil company will deliver the first LNG shipment in late 2022 to a floating import terminal near Hamburg
Oil&Gas Drilling
Adnoc and Eni Evaluate ‘Fast Track’ Development Options for Sizeable Offshore Discovery
Project centres around leveraging other schemes currently being developed in Abu Dhabi as well as utilising existing Adnoc facilities
ADIPEC 2022
As the world’s most influential gathering for energy industry professionals, ADIPEC 2022, hosted by the Abu Dhabi National Oil Company (ADNOC), will accelerate…
Adnoc Distribution’s Second-Quarter Net Profit Surges 71% On Strong Revenue
Growth in both fuel volumes and non-fuel business of the company boosted revenue
Crude Oil
Adnoc Drilling Secures Contracts Worth $3.4BN to Boost Offshore Capacity
Contracts to help company expand its offshore drilling activities and boost production capacity
Energy Investment
Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment
The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market
Hydrogen Project
Adnoc and Masdar Deepen Clean Hydrogen Pact With
The three companies are developing the H2Teesside blue hydrogen project in the UK.
Oil and Gas Equipment
Chinese Cable Supplier Hired for Major ADNOC Oil and Gas Projects
ZTT Submarine Cable & System has secured three oil and gas subsea cable supply projects with UAE’s National Petroleum Construction Company (NPCC), set to be de…
Oil Price
ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens
Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …
Oil Field
Adnoc Awards $227m Contract for Enhanced Recovery at Bab Oilfield
The deal will help to boost recoverable reserves by up to 70% and will unlock additional barrels of Murban crude
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