The Upper Zakum Oil Field is the largest producing field in ADNOC’s portfolio. It is also the second-largest offshore oil field and the fourth-largest oil field in the world. As part of ADNOC’s ambitious target to accelerate the delivery of its 2030 smart growth strategy, the company plans to increase the field capacity of Upper […]
Abu Dhabi
ADNOC eyes $2 billion from gas unit IPO
The final offer price is expected to be announced on March 3
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Abu Dhabi signs $25 million agreement for Mohamed Bin Zayed solar park expansion
The Abu Dhabi Exports Office (ADEX) said on Thursday that it signed $25 million financing agreement with Togo’s Ministry of Economy and Finance to boost the capacity of the Mohamed bin Zayed Solar Park in the West African country. Dubai-based clean energy company Amea Power will lead the construction and operation of the 50-megawatt energy complex, which is expected […]
Once a fishing village, this is how an oil boom transformed the UAE’s capital city
As the UAE celebrates its 51st National Day, I can’t help but think back about the remarkable transformation of Abu Dhabi from a village to a thriving oil exporter
Masdar achieves financial close for 230MW Garadagh solar PV in Azerbaijan
The project by Masdar will help to generate half a billion kilowatt-hours of electricity annually and will reduce emissions by more than 200,000 tonnes a year
ADNOC makes second gas discovery from offshore Block 2 exploration concession
Operated by Eni, ADNOC’s latest discovery indicates a further 1 – 1.5 TSCF of natural gas from a deeper zone in Abu Dhabi’s Offshore Block 2 Exploration Concession
Abu Dhabi’s DoE signs 5-year agreement with Columbia to explore opportunities in the energy sector
Abu Dhabi’s DoE and Columbia’s counterpart has committed to exchanging studies, knowledge, and expertise, in addition to exploring opportunities for financing projects in energy areas