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

Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, is looking to expand into the GCC as drilling activity increases after a surge in crude oil prices, according to the company’s chief executive. Rig activity in the GCC, which includes Bahrain, Kuwait, Qatar and …

37 French companies from oil and gas, petrochemical and renewables sector will be gathered in Abu Dhabi from 31 October to 3 November for Adipec, the region’s leading event in the energy sector. This year edition will focus on securing affordable and clean energy systems one year away from the …

Continued high gas prices in Europe in the aftermath of Russia’s invasion of Ukraine in February have prompted several major European oil and gas companies to expedite the development of gas projects in the Middle East, with Italian major Eni’s latest announcement regarding the UAE being the latest example. According …

Abu Dhabi National Oil Company (ADNOC) said that its first shipment of low-carbon ammonia has left the UAE bound for Hamburg, Germany, marking the first ever cargo of low-carbon ammonia to be shipped to the European country. The demonstration cargo will be delivered to Aurubis, a leading global provider of …

The Abu Dhabi National Oil Company (ADNOC) announced today the discovery of natural gas resources offshore of the Emirate of Abu Dhabi. Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession operated by Eni, indicate between 1.5 – 2 trillion standard cubic feet (TSCF) …

The COP28 climate summit slated to be held in Abu Dhabi in 2023 should include input from experts and professionals from the oil and gas industry because the world cannot simply unplug from the energy system as it is today, Sultan bin Ahmed Al Jaber, the UAE’s Minister of Industry …

Oil prices on Tuesday climbed to their highest since 2014 as Yemeni popular forces attacked the United Arab Emirates, warning it could target more facilities. International benchmark Brent crude futures advanced 1.19% to $87.51 per barrel, while US West Texas Intermediate futures settled 2.43% higher at $85.43 per barrel. Both …

A key corporate proxy at the forefront of the Washington’s attempts to counteract the increasing influence of China and Russia across the Middle East is the Abu Dhabi National Oil Co (ADNOC), in line with the U.S.-sponsored ‘relationship normalisation’ deal signed last year between Israel and the UAE. A vital …

Abu Dhabi National Oil Company (ADNOC) is planning to divest at least a 7.5% stake in drilling subsidiary ADNOC Drilling through an initial public offering (IPO). ADNOC intends to float the drilling unit’s issued share capital on the Abu Dhabi Securities Exchange (ADX). The listing is a part of the …

The United Arab Emirates sold its third shipment of blue ammonia to Japan, as the oil producer looks to build a hydrogen industry as it plans for the transition of global energy. Abu Dhabi National Oil Co. (ADNOC) will send its cargo to INPEX Corp. for use in power generation …