The Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi Power Corporation (ADPower) have announced the issuance of a joint tender for a first-of-its-kind project in the Middle East & North Africa (Mena) region.
ADNOC will hold a 60% equity stake in the venture, while ADQ, a state-owned holding company, will have the remaining 40%, the statement said.
The Abu Dhabi National Oil Company (Adnoc), announced on Monday its agreement to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum Corporation,
The Abu Dhabi National Oil Company (Adnoc) has announced the award of contracts worth $324 million (Dhs1.19 billion) to optimise onshore field operations (OFO) and enhance efficiencies as it continues to invest responsibly to drive smart growth.
Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Group CEO of the Abu Dhabi National Oil Company (Adnoc), reinforced the close and deep-rooted economic ties between the United Arab Emirates
Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Group CEO of the Abu Dhabi National Oil Company ( Adnoc) on Wednesday shared insights on energy market dynamics, the energy transition,
The Abu Dhabi National Oil Company, Adnoc, announced on Thursday that Abu Dhabi Pension Fund, ADPF, and ADQ, one of the region’s largest holding companies, will invest Dhs7.7 billion (US$2.1 billion) into select Adnoc gas pipeline infrastructure assets.
Adnoc Distribution’s market cap surged to Dhs44 billion by the end of September, 2020, a 40 per cent up compared to its market value on its date of listing back in 2017.
At a time when the coronavirus has been battering not just the economic lives of people but also nations, this is surely heartening news. The new oil discovery in the Emirate of Abu Dhabi will shore up the economy of the UAE
The Abu Dhabi National Oil Company (Adnoc) has officially launched its second trading arm, Adnoc Global Trading (AGT), a joint venture between Adnoc (65 per cent), Eni (20 per cent) and OMV (15 per cent) which focuses on the trading