UAE and Saudi based companies have reportedly expressed interest in acquiring substantial stakes, ranging from 20% to 25%, in two Egyptian state-owned enterprises. The Egyptian companies on offer are the National Company for the Sale and Distribution of Petroleum Products, known as “Wataniya,” and the National Company for Natural Water Bottling, known as “Safi.” Among […]
ADNOC
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Masdar, Fertiglobe eye major green hydrogen plant in Abu Dhabi
The proposed plant would have a production capacity of 100 to 200 megawatts
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ADNOC to install solar panels on Dubai petrol stations this year
ADNOC Distribution will install solar panels across its service station network in a phased approach starting in Dubai this year, the company announced on Thursday. For the solar rollout, the company has partnered with Emerge, a joint venture between Masdar and EDF, to provide ADNOC Distribution with a full turnkey solution including finance, design, procurement, […]
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ADNOC partners with French company to design unmanned ROVs
ADNOC’s shipping unit ADNOC Logistics & Services has partnered with French marine and energy services firm SeaOwl to develop unmanned remotely operated vessels as part of its sustainability efforts. The vessels will be designed to reduce up to 30% of carbon emissions, with its smart automation systems capable of optimising routes, further contributing to ADNOC […]
Posted inDRILLING & PRODUCTION, Exploration & Production
ADNOC Drilling eyes major drilling growth in Abu Dhabi
In an exclusive interview with Oil & Gas Middle East, CEO of ADNOC Drilling Abdulrahman Abdulla Al Seiari, discusses the company’s fleet expansion, first-quarter results, and increased decarbonisation focus. Can you discuss what projects/plans are in the pipeline for ADNOC Drilling? The pipeline of opportunities in Abu Dhabi is vast and remains our number one […]
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ADNOC, Baker Hughes sign deal for green tech solutions
ADNOC and Baker Hughes signed today an agreement to accelerate the development and commercialisation of technology solutions for green and low-carbon hydrogen, as well as graphene. The agreement, which follows a strategic technology collaboration agreement signed between the two companies in November 2022, will see ADNOC collaborate with Baker Hughes as a strategic partner to […]
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ADNOC drills first well for historic CO2 injection project
ADNOC has spudded the first well on the world’s first fully sequestered CO2 injection well as part of its $15 billion plan to decarbonise operations, the company announced in LinkedIn post. Originally announced earlier this year during the Abu Dhabi Sustainability Week, the project is expected to become operational in the second half of this […]
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ADNOC begins bidding process for $3 billion Lower Zakum contract
Abu Dhabi’s energy giant ADNOC has initiated the bid process for a major oilfield expansion project involving a potential $3 billion-plus contract for its Lower Zakum offshore oilfield, Upstream reported citing people familiar with the matter. The moves comes as ADNOC prepares to ramp up its production capacity to 5 million barrels per day by […]
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Abu Dhabi’s $5 billion Ruwais derivatives complex: Everything you need to know
The Ruwais derivatives complex is being operated by TA’ZIZ, ADNOC’s 60:40 joint venture (JV) with Abu Dhabi’s industrial holding company ADQ. Comprising of three zones, phase one of the project involves constructing production plants to manufacture a number of chemicals at global scale, with opportunities for additional investors and partners to participate. Operations are expected to begin […]
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ADNOC picks Ruwais over Fujairah for LNG project
ADNOC said on Tuesday that its LNG project would move forward in UAE’s Al Ruwais Industrial City instead of Fujairah. The location’s vicinity to ADNOC’s current operations and its future growth projects as well as its local supplier base were all important factors in the decision, ADNOC said in a press release. The project had […]
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