ADNOC

Sheikh Khaled witnesses signing ceremony for international partners joining ADNOC’s Ruwais LNG project

His Highness met with heads of global energy companies to discuss the future of the sector

UAE’s ADNOC, JBIC sign $3 billion green financing agreement

The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks

ADNOC cuts 6.2 million tons of greenhouse gas emissions in 2023: Report

ADNOC aims to achieve a 5 percent energy efficiency improvement by 2025

ADNOC, e& partner to build energy industry’s largest private 5G wireless network

The 5G network is projected to generate $1.5 billion in value during the first five years of its operation

UAE’s ADNOC Drilling awarded $733 million contract for three AI-powered island rigs

These new rigs will support the growing operations at the offshore Zakum field

UAE’s ADNOC embraces AI for sustainability, drives $500 million in savings and 1 million tons of carbon cuts

Last year, ADNOC implemented over 30 AI tools to improve the efficiency of its projects

Top Gulf sovereign wealth funds invest $38.2 billion in 58 deals in H1 2024: Report

Sovereign wealth funds globally invested $64.2 billion in 135 deals while PPFs spent $31.9 billion on 101 deals in H1 2024

ADNOC L&S awards $2.5 billion in contracts to Korean shipyards for 8 LNG carriers

LNG carriers will be delivered by 2028 and time chartered for 20 years to ADNOC Group subsidiaries

UAE: Petrol, diesel prices for July 2024 announced

Petrol prices have reduced for the second time in July after dropping in June

ADNOC Drilling’s new dividend policy to channel $4.79 billion to shareholders by 2028

The expected cumulative minimum yield from this new dividend policy during the 2024-2028 period is more than 27 percent

ADNOC awards $5.5 billion contract for Ruwais LNG plant

Project to more than double ADNOC’s existing UAE LNG production capacity to around 15mmtpa

ADNOC Drilling, Alpha Dhabi joint venture raises stake in Gordon Tech for $270 million

Acquisition follows Gordon Technologies' completion of setting up its Abu Dhabi business