Abu Dhabi National Oil Co (ADNOC) has approached German plastics and chemicals maker Covestro with an acquisition proposal worth more than $10.9 billion, Reuters reported, citing two people familiar with the matter. The energy giant has made an informal offer to Covestro, a maker of transparent polycarbonate plastics, as well as chemicals for insulation and […]
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UAE: ADNOC, Kanoo Energy sign strategic manufacturing deals
ADNOC has signed three separate agreements with Kanoo Energy for manufacturing of valves, flanges and establishment of a reverse engineering facility in the UAE, Trade Arabia reported. The products are part of the $19 billion worth of products in ADNOC’s procurement pipeline that the firm identified for domestic manufacturing in July 2022. The agreements were […]
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Contracting giants line up for ADNOC’s Ruwais LNG megaproject
Contractors have submitted technical bids to ADNOC Gas for its 9.6 mtpa LNG export terminal to be built in Ruwais. The two consortiums are Technip Energies/JGC Corp/National Petroleum Construction Co and McDermott/Saipem/Hyundai Engineering and Construction. The contract, which includes process facilities, flares and utilities, LNG storage tanks, an export jetty with bunkering, and other associated […]
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ADNOC announces milestone for landmark Fujairah project
ADNOC has announced a milestone for its unique CO2 to rock project, which will utilise a pilot technology that permanently mineralises CO2 within rock formations found in the Emirate of Fujairah. Solar panels for the project have been installed by Masdar at the site, which will provide the energy required to capture carbon dioxide from […]
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Top job openings for energy professionals at ADNOC
Are you ready to embark on a rewarding career in the energy industry? ADNOC presents a multitude of exciting job opportunities for professionals seeking growth, innovation, and sustainability. As a global leader in the oil and gas sector, ADNOC is known for its cutting-edge technologies, extensive operations, and commitment to driving sustainable growth. Whether you […]
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EPC contractors submit bids for ADNOC’s $30 billion Upper Zakum megaproject
Contractors have submitted technical bids for the EPC works of surface facilities and subsea pipeline packages on the Upper Zakum expansion project, according to data from DMS Projects. Although the complete list of bidders is yet to be announced, Petrofac has confirmed its technical bid submission. EPC contracts are expected to be awarded in Q4 […]
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ADNOC, Aramco, Kent experts outline how Metaverse is transforming the industry
Mark Zuckerberg’s keynote speech in 2021 might have shot the term Metaverse into the mainstream, but it wasn’t a new idea, nor the first time it was discussed. Science fiction writer Neil Stevenson first coined it in his 1992 novel Snow Crash as a place where the characters could go to escape a dreary totalitarian […]
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ADNOC L&S awarded first major EPC contract worth $975 million
ADNOC Logistics and Services announced today that it has been awarded a $975-million engineering, procurement and construction (EPC) contract by ADNOC Offshore for an artificial island at the Lower Zakum offshore field. This marks the first award of the new EPC logistics business unit following ADNOC L&S’ record-breaking listing this month. As part of ADNOC’s […]
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ADNOC Onshore awards major EPC contract to Chinese contractor
Chinese contractor China Petroleum Engineering and Construction (CPECC) has won a major contract from ADNOC Onshore, the onshore unit of ADNOC, to upscale production of its mature fields. CPECC said the award covers engineering, procurement, construction and management of what is called Project Swing, involving retooling the existing facilities at the giant Bab field, Northeast […]
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ADNOC awards multi-million EPC contracts for Abu Dhabi’s Bab and Asab fields
ADNOC Onshore recently awarded multi-million EPC contracts for Bab and Asab oil field clusters to maintain and sustain crude oil production from the assets. The project, which aims at expanding ADNOC’s oil production capacity, was divided into 5 EPC packages, according to data from DMS Projects. EPC package awards Egypt-headquartered contractor Petrojet was awarded the contracts for […]
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