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ADNOC to acquire Mubadala’s 25% stake in petrochem company Borealis

Abu Dhabi National Oil Company (ADNOC), has revealed that it will acquire a 25 percent shareholding in Borealis, one of Europe’s leading petrochemical companies,...

ADNOC deepens its Clean Hydrogen mission with German companies

Abu Dhabi National Oil Company (ADNOC) has signed a new Memorandum of Understanding (MoU) and joint study agreements (JSA) with counterparts in Germany in...

ADNOC awards $658mn framework agreements to drive upstream growth

UAE state-owned oil company, Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements valued at $658 million (AED 2.4 billion) for cementing services...

ADNOC to build UAE’s 1st Methanol Production Facility with Proman

Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Proman, one of the world’s leading methanol producers, to develop the UAE's first...

Thailand-based PTT unveils new trading office at ADGM

The new trading office of Thailand-based PTT International Trading Business Unit (TBU) at Abu Dhabi Global Market (ADGM) was opened recently by the PTT...

UAE’s Borouge embarks 5th polypropylene unit; Aims to meet global demand

Borouge, a joint venture between UAE state-owned oil company, Abu Dhabi National Oil Company (ADNOC) and Austrian chemical giant, Borealis, has successfully commissioned its...

ADNOC grants $1.94bn framework agreements to drive drilling growth

UAE state-owned oil company, Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements valued at $1.94 billion to support drilling growth.  The pacts for...

ADNOC & Austria’s Borealis break ground on $6.2bn Borouge 4 Plant

UAE state-owned oil company, Abu Dhabi National Oil Company (ADNOC) and Austrian chemical giant, Borealis have jointly started construction of the $6.2 billion worth...
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