ADNOC

UAE’s non-oil sector to expand 3.2 percent in 2024: World Bank

UAE's GDP real growth is projected to accelerate to 3.9 percent in 2024

UAE: Petrol, diesel prices for June 2024 announced

Petrol prices have reduced for the first time in June after rising month-on-month since February

ADNOC Distribution targets 500 fast EV charging points in the next 5 years

Company aims to raise the number of EV charging points to 200 by the end of this year

Third edition of Make It in the Emirates Forum begins in Abu Dhabi, focusing on investment, innovation and growth

The forum features a diverse range of participants, including government, business, and financial representatives

Third Make It in the Emirates Forum to begin on Monday in Abu Dhabi

The previous two editions generated AED121 billion ($33 billion) worth of local procurement opportunities

$935 million institutional placement of ADNOC Drilling shares complete

ADNOC will retain the majority 78.5 percent of ADNOC Drilling

ADNOC acquires 10 percent stake in major LNG development in Mozambique

Mozambique's Coral South LNG development has a production capacity of almost 3.5 mtpa

ADNOC makes first major U.S. investment with 11.7 percent stake in NextDecade’s LNG project

ADNOC also signed a 20-year LNG off-take agreement for 1.9 million tonnes per annum of LNG

UAE’s ADNOC Drilling secures $1.69 billion contract to develop 144 unconventional wells

To service the contract and explore future opportunities, ADNOC Drilling has incorporated Turnwell Industries

UAE’s ADNOC to begin operations at Ras Al Sadr gas field in Abu Dhabi

The Ras Al Sadr gas field has a production capacity of up to 100 million standard cubic feet of gas per day

UAE’s ADNOC Drilling reports record revenue of $886 million in Q1 2024

The net profit for the quarter amounted to $275 million, reflecting a substantial 26 percent year-on-year increase