Tag : ADNOC

Business

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

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BEIJING: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, arrived in Beijing to begin an official visit to China that runs from April 12 to April 14, with both sides framing...
Business

Exus Renewables to buy 60% stake in Masdar Portugal wind

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ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind...
Business

ADNOC closes $11 billion deal for offshore gas project

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ABU DHABI, December 19, 2025: Abu Dhabi National Oil Company (ADNOC) announced on Thursday the completion of a landmark structured financing agreement valued at up to AED 40.4 billion ($11 billion) to advance the Hail and...
Business

UAE and Korea strengthen cooperation in energy and advanced industry

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SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber,...
ADNOC L&S completes $1.04 billion acquisition of 80% stake in Navig8
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ADNOC L&S completes $1.04 billion acquisition of 80% stake in Navig8

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ADNOC L&S completes an $1.04 billion acquisition of 80% of Navig8, strengthening its global maritime logistics footprint and setting plans to acquire the remaining stake by 2027....
ADNOC L&S acquires 20 offshore assets in growth strategy
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ADNOC L&S acquires 20 offshore assets in growth strategy

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ADNOC L&S expanded its offshore operations in 2024, acquiring 20 assets, securing 19 JUB contracts, and boosting revenues 51% to $1.67 billion, marking robust regional and global growth....
Adnoc Gas awards contract for Bab Gas Cap gas facilities design
Business

Adnoc Gas awards contract for Bab Gas Cap gas facilities design

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Adnoc Gas has awarded Worley the FEED contract for Bab Gas Cap facilities, aiming to increase UAE's gas processing capacity by 20% and drive progress towards gas self-sufficiency....
India and UAE sign agreements on nuclear energy and petroleum
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India and UAE sign agreements on nuclear energy and petroleum

manamalive.com
India and the UAE today signed major agreements in nuclear energy, petroleum, and advanced technologies, reinforcing the Comprehensive Strategic Partnership between the two nations....