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Latest Press Releases

ADNOC Signs 15-Year, 1 mtpa Sales and Purchase Agreement with PETRONAS for Ruwais LNG Project

ADNOC announced today it has signed a second Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquified natural gas (LNG) project, with Malaysia’s PETRONAS. The 15-year SPA for supplying 1 million tonnes per annum (mtpa) of LNG converts a previous Heads of Agreement between ADNOC and PETRONAS into a definitive agreement.

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UAE President Chairs ADNOC Board of Directors Meeting

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors.

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ADNOC LAUNCHES XRG: AN $80+ BILLION LOWER-CARBON ENERGY AND CHEMICALS INVESTMENT POWERHOUSE

Following the Board’s strategic endorsement, ADNOC today announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion.

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Dec 05, 2024

ADNOC Signs 15-Year, 1 mtpa Sales and Purchase Agreement with PETRONAS for Ruwais LNG Project

ADNOC announced today it has signed a second Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquified natural gas (LNG) project, with Malaysia’s PETRONAS. The 15-year SPA for supplying 1 million tonnes per annum (mtpa) of LNG converts a previous Heads of Agreement between ADNOC and PETRONAS into a definitive agreement.

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Nov 27, 2024

UAE President Chairs ADNOC Board of Directors Meeting

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors.

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Nov 27, 2024

ADNOC LAUNCHES XRG: AN $80+ BILLION LOWER-CARBON ENERGY AND CHEMICALS INVESTMENT POWERHOUSE

Following the Board’s strategic endorsement, ADNOC today announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion.

Read More
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Nov 25, 2024

ADNOC Statement on Recent Media Reports

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), the current majority shareholder of 90% of the ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234), notes recent media reports about a potential capital market transaction involving ADNOC Gas.

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Nov 14, 2024

The UAE’s First Energy Commodities Trading Academy Announces Fourth Cohort

ADNOC announced today the fourth cohort of its prestigious Trading Academy, which prepares ADNOC’s UAE National talent for roles in the company’s world-class trading operations, ADNOC Global Trading (AGT) and ADNOC Trading (AT).

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Nov 07, 2024

ADNOC Awards AED720 Million Contracts for Manufacturing in the UAE

ADNOC today announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. The announcement was made at ADNOC’s Business Partnership Forum which was held on the sidelines of ADIPEC

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Nov 06, 2024

ADNOC Awards $490 Million Contract to Expand World’s Largest 3D Seismic Survey

ADNOC announced today the award of a contract to BGP Inc., a subsidiary of China National Petroleum Company (CNPC), worth up to $490 million (AED1.79 billion), to expand the scope of the world’s largest combined three-dimensional (3D) onshore and offshore seismic survey currently underway in the Emirate of Abu Dhabi. The contract will focus on identifying additional oil and gas resources in ADNOC’s producing onshore fields.

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Nov 06, 2024

ADNOC Secures 15-Year, 1 mtpa Sales and Purchase Agreement for Ruwais LNG Project

ADNOC announced today at ADIPEC the signing of the first long-term sales and purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi. The SPA converts the previous Heads of Agreement between ADNOC and SEFE announced in March into a definitive agreement.

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Nov 06, 2024

TA’ZIZ Announces over $2 Billion Awards for Key Infrastructure Projects

TA’ZIZ announced today engineering, procurement and construction (EPC) contracts valued at more than $2 billion (AED7.34 billion) for the development of essential site infrastructure to advance the TA’ZIZ chemicals and transition fuels ecosystem under development in Al Ruwais Industrial City, Al Dhafra Region of the Emirate of Abu Dhabi.

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Nov 05, 2024

ADNOC and Masdar Collaborate with Microsoft to Drive AI Deployment and Low-Carbon Solutions

ADNOC and Abu Dhabi Future Energy Company (Masdar) announced today the signing of a Strategic Collaboration Agreement (SCA) with Microsoft on a range of artificial intelligence (AI) and low-carbon initiatives in the UAE and globally aimed at decarbonizing the energy system of today and enabling a sustainable energy system for the future. The announcement was made at ADIPEC which is currently taking place in Abu Dhabi.

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