Masdar sets 100 GW renewable energy target for 2030
Masdar aims to be the world’s largest renewable energy company in the world, with a 100 GW target by 2030.
Sultan Ahmed Al Jaber
Israel, Jordan strike linked water, power deal
Jordan and Israel have agreed to co-operate on solar and desalination projects, with support from the US and United Arab Emirates.
Adnoc, TAQA line up major green hydrogen push
Adnoc has launched a renewable energy and green hydrogen venture with Abu Dhabi’s TAQA.
Adnoc hands out $6bn of drilling contracts in long-term push
Adnoc has announced $6 billion worth of contracts with drilling companies, focused on downhole completion equipment and wellheads.
Adnoc, Borealis reach Borouge FID
Adnoc has signed a $6.2 billion deal with Borealis to expand the Borouge facility, in the United Arab Emirates.
Adnoc goes nuclear with EWEC deal to cut carbon
Adnoc has signed a deal to secure clean power, from nuclear and solar, with Emirates Water and Electricity Company (EWEC).
BP, Adnoc, Masdar tee up energy transition spending
BP, Adnoc and Masdar have teamed up to invest “billions of dollars” in clean and low carbon energy.
Adnoc picks Wood for blue ammonia plans
Adnoc has set out preliminary plans for a world-scale 1 million tonne per year blue ammonia facility in Ruwais.
Adnoc, Korea talk blue hydrogen supplies
Adnoc and South Korea have held talks on blue hydrogen supplies during a virtual business trip.
Adnoc awards block to Japan’s Cosmo
Japan’s Cosmo Energy Holdings has won exploration rights for Abu Dhabi’s Offshore Block 4, under the state’s second bid round.
Adnoc makes 22bn barrel unconventional find
Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council (SPC) has said.
Adnoc launches first trading unit
Adnoc has begun trading derivatives via its Adnoc Trading (AT) unit, marking a step for the NOC to become an increasingly sophisticated market player.
Adnoc, Wanhua form LPG shipping venture
Adnoc Logistics & Shipping has launched a joint venture with Wanhua Chemical Group focused on the transportation of LPG and products.
UAE approves Cnooc’s offshore entry
Abu Dhabi has approved the transfer of rights, from China National Petroleum Corp. (CNPC) to Cnooc Ltd, in the Lower Zakum and Umm Shaif and Nasr offshore concessions.
ADNOC sees rebalancing signs
There are “signs that the market has tightened in recent weeks and the OPEC++ agreement … is working to start to rebalance the market,” ADNOC’s CEO Sultan Ahmed al-Jaber said in comments at the company’s ‘Virtual Majlis’.
Abu Dhabi lines up April production boost
Abu Dhabi intends to supply more than 4 million barrels per day of crude in April, following recent moves by Saudi Arabia and Russia to maximise output.
Lukoil signs up for Ghasha work with ADNOC
Lukoil has signed up for a 5% stake in the Ghasha concession, as a part of a broader package between the United Arab Emirates and Russia.