Officials review the progress of the over Dhs110 billion expansion taking Upper Zakum to a production capacity of 750,000 mbpd and 1m mbpd respectively.
The Abu Dhabi National Oil Company (Adnoc) announced on Sunday that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF). ADRPBF will invest Dhs1.1 billion ($300 million),
Adnoc is absorbing, embedding and applying cutting edge technology at every step of the production process from oil platforms to trading platforms, said Dr Sultan Al Jaber, CEO of ADNOC Group. ‘’In short, as we enter a new age of technology, the world remains reliant on a 160-year-old industry,
The Abu Dhabi National Oil Company (Adnoc) on Monday announced a new strategic partnership with OCI, which is a global producer and distributor of natural gas-based fertilisers and industrial chemicals, headquartered in the Netherlands.
The Abu Dhabi National Oil Company, adnoc, Distribution, is planning to expand its facilities and investment services around the UAE, especially in Dubai, which currently serves only four stations, announced Saeed Mubarak Al Rashdi, Acting CEO of adnoc Distribution.
Non-oil trade exchange between the United Arab Emirates and the Kingdom of Saudi Arabia has reached Dhs417.6 billion over the past five years, Sultan Bin Saeed Al Mansouri, Minister of Economy, has stated.
The UAE Central Bank has announced that gross bank assets, including bankers’ acceptances, rose by 0.3 per cent, increasing from Dhs2,975.8 billion at the end of July 2019, to Dhs2,983.4 billion at the end of August 2019.
Under the patronage of Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, the UAE Maritime Week 2019, the pioneering regional maritime event,