Tag: ADNOC
ADNOC raises $1.64bn through combined shares & bond offering
The UAE state-owned oil company, Abu Dhabi National Oil Company (ADNOC) has completed its plans to raise $1.64 billion through the issue of new...
ADNOC strikes natural gas delivery deals with two UAE industrial firms
UAE’s state-owned oil company, Abu Dhabi National Oil Company (ADNOC) has signed long-term gas sales agreements with two industrial companies, Emirates Steel, the UAE's...
ADNOC awards $744mn worth contract to NPCC for offshore field development
UAE’s state-owned oil company, Abu Dhabi National Oil Company (ADNOC) has awarded the UAE's National Petroleum Construction Company (NPCC) a $744 million worth contract...
ADNOC to build massive blue ammonia project in Ruwais; Eyes hydrogen...
UAE’s state-owned oil company, Abu Dhabi National Oil Company (ADNOC) will build a gigantic blue ammonia project at its downstream hub in Ruwais, as...
ADNOC awards $318mn worth EPC contract to link smart wells at...
UAE's state-owned oil company, Abu Dhabi National Oil Company (ADNOC) will invest up to $318 million (AED1.16 billion) to link newly drilled smart wells...
UAE’s FDI inflow grew 44.2% to reach $19.88bn in 2020
The foreign direct investment (FDI) to the UAE surged 44.2 percent to reach nearly $19.88 billion in 2020, despite the pandemic which disrupted the...
ADNOC, OCI plans to list their fertilizer JV Fertiglobe
Abu Dhabi National Oil Company (ADNOC) and its business partner OCI are preparing for a potential listing of Fertiglobe, their fertilizer manufacturing joint venture...
UAE’s ADNOC embraces innovation for an efficient tendering process
The UAE's state-owned oil company The Abu Dhabi National Oil Company (ADNOC) has adopted a new innovative initiative in its tender process which will...