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ADNOC

ADNOC Signs Agreements with 23 Companies for Local Manufacturing Opportunities worth AED17 Billion

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, today announced it has signed agreements with 23 UAE and international companies for local manufacturing opportunities across a wide range of critical industrial products worth AED17 billion ($4.63 billion).

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TAZIZ and Proman Sign Shareholders Agreement

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG (Proman), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the UAE’s first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi.

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TAZIZ Progresses with Low-Carbon Ammonia Shareholder Agreement

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) announced today the signing of a shareholder agreement with Fertiglobe, GS Energy Corporation (GS Energy) and Mitsui & Co., Ltd. (Mitsui), to develop an anticipated 1 million tons per annum low-carbon ammonia production facility at the TA’ZIZ Industrial Chemicals Zone. This is a further step in the project’s journey towards a final investment decision (FID).

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Feb 02, 2023

ADNOC Signs Agreements with 23 Companies for Local Manufacturing Opportunities worth AED17 Billion

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, today announced it has signed agreements with 23 UAE and international companies for local manufacturing opportunities across a wide range of critical industrial products worth AED17 billion ($4.63 billion).

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Jan 19, 2023

TAZIZ and Proman Sign Shareholders Agreement

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG (Proman), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the UAE’s first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi.

Read More
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Jan 18, 2023

TAZIZ Progresses with Low-Carbon Ammonia Shareholder Agreement

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) announced today the signing of a shareholder agreement with Fertiglobe, GS Energy Corporation (GS Energy) and Mitsui & Co., Ltd. (Mitsui), to develop an anticipated 1 million tons per annum low-carbon ammonia production facility at the TA’ZIZ Industrial Chemicals Zone. This is a further step in the project’s journey towards a final investment decision (FID).

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Jan 18, 2023

ADNOC Uses Innovative Drone Technology to Plant Mangroves

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, today announced at the Abu Dhabi Sustainability Week (ADSW) it has signed a contract with Distant Imagery, a UAE-based environmental technology company, to plant 2.5 million mangrove seedlings across Abu Dhabi using innovative drone planting technology adopted by the Environment Agency - Abu Dhabi (EAD).

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Jan 18, 2023

ADNOC Announces World First Fully Sequestered CO2 Injection Project

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, announced today at Abu Dhabi Sustainability Week (ADSW) that it has begun work on the world’s first fully sequestered carbon dioxide (CO2) injection well in a carbonate saline aquifer.

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Jan 17, 2023

ADNOC Partners with 44.01 to Turn CO2 into Rock

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, today announced a partnership with the Fujairah Natural Resources Corporation (FNRC), Abu Dhabi Future Energy Company (Masdar) and 44.01 to pilot technology that permanently mineralizes carbon dioxide (CO2) within rock formations found in the Emirate of Fujairah. The announcement was made at the Abu Dhabi Sustainability Week (ADSW).

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Jan 17, 2023

ADNOC Explores Commercial-Scale Ammonia Cracking Plants with thyssenkrupp to Progress Global Clean Energy Value Chains

ADNOC, a responsible provider of reliable, lower-carbon intensity energy, announced today that it has signed a memorandum of understanding (MoU) with thyssenkrupp Uhde, a Germany-based subsidiary of thyssenkrupp Group that specializes in chemical engineering, to explore a long-term partnership to create new markets for hydrogen and promote global clean energy value chains.

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Jan 10, 2023

ADNOC’s New World-Scale Gas Processing, Operations and Marketing Company Established

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, has announced the formation of ADNOC Gas, effective 1 January 2023, its new world-scale gas processing, operations and marketing company. The flagship company combines the operations, maintenance and marketing of the ADNOC Gas Processing and ADNOC LNG businesses into one global and market-leading consolidated business.

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Jan 05, 2023

ADNOC Allocates 15 Billion to Low-Carbon Solutions

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, today announced a bold new strategy to progress the world-scale decarbonization of its operations.

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Dec 21, 2022

ADNOC Acquires 24.9% Stake in OMV

Abu Dhabi, UAE – December 21, 2022: Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) today announced a transaction involving OMV AG (OMV), a global energy and chemicals group, headquartered and listed in Vienna, Austria. Under the agreement, ADNOC will acquire a 24.9% shareholding in OMV from Mubadala. Financial details of the transaction are not being disclosed.

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