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    Adnoc, ExxonMobil to build world’s largest low-carbon hydrogen facility

    Adnoc, ExxonMobil to build world’s largest low-carbon hydrogen facility

    04 Sep 2024

    His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of a...

    Adnoc deploys AI-enabled process technology

    Adnoc deploys AI-enabled process technology

    27 Aug 2024

    Adnoc announced the deployment of an industry-leading artificial intelligence (AI)-enabled process optimisation technology. Neuron 5, developed by Adnoc, has been initially deployed at Adnoc Onshore’s Northeast Bab (NEB) field...

    Adnoc’s ICV programme set to drive local, foreign industrial investment

    Adnoc’s ICV programme set to drive local, foreign industrial investment

    21 Aug 2024

    As part of its commitment to drive the UAE’s industrial sector, Adnoc has enabled the establishment of eight UAE-based and international industrial centres in less than a year under...

    Adnoc, Petronas and Storegga to work on offshore carbon capture

    Adnoc, Petronas and Storegga to work on offshore carbon capture

    20 Aug 2024

    Adnoc, Petronas and Storegga announced on Tuesday the signing of a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) emissions storage capabilities of saline aquifers...

    ADNOC Gas announces record Q2 net income of $1.19 billion

    ADNOC Gas announces record Q2 net income of $1.19 billion

    12 Aug 2024

    ADNOC Gas plc today announced strong financial results for the second quarter (Q2) of 2024, posting an adjusted net income of $1,190 million, a 21% year-on-year (y-o-y) improvement exceeding market...

    ADNOC Drilling expects Dhs 1.3 billion of net profit in 2024

    ADNOC Drilling expects Dhs 1.3 billion of net profit in 2024

    08 Aug 2024

    Youssef Salem, Chief Financial Officer of ADNOC Drilling, projected the company to achieve net profits between US$1.15 billion and US$1.3 billion by the end of 2024. In a statement to...

    ADNOC Distribution reports net profit of $170 million in Q2 2024

    ADNOC Distribution reports net profit of $170 million in Q2 2024

    08 Aug 2024

    ADNOC Distribution today announced its financial results for the second quarter of 2024. The Company reported a 15.0% YoY increase to $267 million in Q2 2024 EBITDA, and a 12.9%...

    Adnoc L&S posts 31% increase in net profit during H1 of 2024

    Adnoc L&S posts 31% increase in net profit during H1 of 2024

    07 Aug 2024

    Adnoc Logistics and Services on Wednesday announced its second quarter and first half 2024 financial results. During H1 2024, Adnoc L&S recorded a net profit of $401 million (Dhs1,473...

    ADNOC signs long-term Heads of Agreement with Japan’s Osaka Gas for Ruwais LNG project

    ADNOC signs long-term Heads of Agreement with Japan’s Osaka Gas for Ruwais LNG project

    06 Aug 2024

    ADNOC announced today the signing of a long-term Heads of Agreement (LNG agreement) with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to...

    ADNOC Drilling reports $570 million net profit in H1-24

    ADNOC Drilling reports $570 million net profit in H1-24

    05 Aug 2024

    ADNOC Drilling Company today announced record financial results for the second quarter and first half of 2024. The company’s net profit for the quarter also grew, up 29% year-on-year and...

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