Tag: ADNOC
Saudi Aramco plans to raise fund from asset sales
Saudi Arabia’s multinational petroleum and natural gas company is planning to raise billions of dollars from investors by selling stakes in some subsidiaries, according...
ADNOC to sell its waste management assets to focus on core-activities
UAE’s leading oil firm Abu Dhabi National Oil Company (ADNOC) is reportedly considering the sale of waste management assets held by one of its...
ADNOC unites with energy giants Eni and OMV to set up...
UAE’s state-owned oil company Abu Dhabi National Oil Company (ADNOC) has unveiled its second trading entity, in a joint venture with two multinational energy...
ADNOC awards $519mn contract to BPG for seismic surveys
A contract worth up to $519 million was awarded by the Abu Dhabi National Oil Company (ADNOC) to further expand the scope of the...
ADNOC to spend $43bn for UAE’s economic development
The highest governing body of oil, gas and similar industry-related activities in the Abu Dhabi, Supreme Petroleum Council (SPC) has approved an amount of...
Saudi Arabia plans to boost hydrogen production; Energy minister
Saudi Arabia’s minister of energy, Abdulaziz bin Salman Al Saud said that the world's largest oil exporter is strategizing a plan to enhance hydrogen...
ADNOC saves $2bn in 5 years by adopting digital technologies
Abu Dhabi National Oil Company (ADNOC) reported that it has obtained cost savings of $2 billion (Dhs7.36 billion) over the last five years by...
ADNOC & Total unite to reduce carbon emissions
The Abu Dhabi National Oil Company (ADNOC) has entered into a strategic framework agreement with Total, a multinational Petroleum refining company to jointly research,...
