Tag Archives: Abu Dhabi National Oil Co. (ADNOC)

Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. ADNOC took on Wednesday the FID for the Ruwais LNG project, which will consist of …

The United Arab Emirates is on course to achieve its full oil capacity target more than a year earlier than expected. Abu Dhabi National Oil Co.(ADNOC) is likely to reach its 5 MMbpd goal by the end of next year or early 2026, ahead of the 2027 goal the company …

International oil and gas majors and the Middle East’s national oil companies are expected to give the green light this year to up to 30 projects, worth a total investment of $125 billion and holding an estimated 14 billion barrels of oil equivalent (boe) of resources. That’s the estimate in …

ADNOC announced that it has formally closed the acquisition of a 24.9% shareholding in OMV AG (OMV), a global energy and chemicals group, headquartered and listed in Vienna, Austria, from Mubadala Investment Company (Mubadala). The transaction accelerates delivery of ADNOC’s global chemicals growth strategy, and reinforces its status as a …

ADNOC has signed an agreement for the supply of LNG to ENN LNG (Singapore), a wholly owned subsidiary of China-based ENN Natural Gas. Under the 15-year heads of agreement, ADNOC will deliver at least 1mtpa of LNG to ENN LNG (Singapore). The LNG will be mainly sourced from ADNOC’s low-carbon …

Adnoc has signed a 15-year agreement with ENN LNG, the Singapore subsidiary of China’s ENN Natural Gas, for the delivery of at least a million metric tonnes a year of liquefied natural gas. The LNG will primarily be sourced from Adnoc’s Ruwais LNG project in Abu Dhabi, with deliveries expected …

The national oil producer of the United Arab Emirates and Australia’s energy group Santos have teamed up to jointly explore the development of a global carbon management platform to help customers in the Asia Pacific region cut emissions. Abu Dhabi National Oil Company, which pumps nearly all the oil in …

The ADX-listed ADNOC Gas has landed a multi-year LNG supply contract valued between $500 million to $700 million from Jera Global Markets of Japan. The deal obviously builds on Japan’s higher offtake of its energy requirements from the UAE. In fact, ADNOC Gas has had ties with Jera Co. – …

ADNOC Gas PLC has signed a five-year agreement with Japan Petroleum Exploration Co. Ltd. (JAPEX) for the supply of liquefied natural gas (LNG). The deal amounts to between $450 million and $550 million, Abu Dhabi National Oil Co.’s (ADNOC) integrated gas unit said in a press release last week, not …

Adnoc Gas, estimated to have the seventh largest gas reserves globally, has signed a five-year liquefied natural gas supply agreement with Japan Petroleum Exploration Co (Japex) The agreement is valued between $450 million and $550 million, the company said in a statement on Thursday to the Abu Dhabi Securities Exchange, …