Adnoc has awarded Samsung Engineering a letter of award for pre-construction services on the Hail and Ghasha project.
Gas, he said, would be “a critical fuel in the energy transition and Adnoc Gas, through its world-scale operations and significant growth and expansion plans, will be well-positioned to meet both local and international gas demand”.
These investors put $18.7 billion into renewables in 2022 and only $6.7bn into hydrocarbons.
TAQA and Adnoc have completed the acquisition of stakes in clean energy operator Masdar, coming in alongside Mubadala Holdings.
Adnoc has the goal of being the world’s lowest-cost oil producer of choice. Unlike some of its IOC competitors, struggling to come to terms with the demands of meeting today’s energy needs and tomorrow’s transition, it is willing to put the money in.
STATS Group has been commissioned to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project in the Middle East.
Adnoc has brought forwards its plans to reach 5 million barrels per day of production, while boosting reserves and setting out plans for an IPO of a new gas unit.
Adnoc Drilling has reported its results for the first nine months of 2022, with net profit up 24% and EBITDA up 12%.
EnerQuip has celebrated the opening of its first sales and service centre in the Middle East with the announcement of a record $2.5 million contract award for delivery to Abu Dhabi in 2023.
Adnoc Drilling has drilled a new world record for the longest well, at the Upper Zakum concession.
The United Arab Emirates energy minister has defended OPEC+’s decision to cut production as a purely technical move, denying talk of discord and politics.
German Chancellor Olaf Scholz has signed agreements on securing new energy supplies during a visit to United Arab Emirates President Sheikh Mohamed bin Zayed.
Mubadala Petroleum has changed its name to Mubadala Energy, reflecting the company’s energy transition commitments and its gas-weighted portfolio.
Our climate and energy future increasingly hinges on the ability of emerging economies to successfully transition to cleaner energy production.
ADNOC Drilling has been awarded $2bn contracts for the Hail and Ghasha “mega-project” in the United Arab Emirates (UAE).
Adnoc Logistics & Services is buying Zakher Marine International (ZMI), an Abu Dhabi-based owner operator of offshore support vessels (OSVs).
Technip Energies and Abu Dhabi’s National Petroleum Construction Co. (NPCC) have agreed to establish a joint company, aiming to focus on the energy transition.
Taqa and ADNOC have struck a $1.9 billion deal to acquire controlling stakes in Abu Dhabi’s clean energy firm Masdar.
Abu Dhabi’s Mubadala Petroleum has reached 500,000 barrels of oil equivalent per day, for the first time in its history.
ADNOC, the UAE’s largest energy firm, has acquired a 25% stake in the BP H2Teesside project.
Adnoc and Borealis have set out plans to hold an IPO for Borouge on the Abu Dhabi Securities Exchange.
A pioneering company has struck a deal to help decarbonise flaring sites in the United Arab Emirates, while producing hydrogen and graphene.
United Arab Emirates ruler Sheikh Khalifa bin Zayed Al Nahyan has died triggering 40 days of official mourning.
Torque machine specialist EnerQuip has reported a strong start to 2022, securing more than $5 million in contracts around the globe.
ADNOC onshore has handed out a contract worth $227 million deal for a “first-of-its kind” technology to be used at Abu Dhabi’s Bab field.