ADNOC Gas Pipeline Assets holds usage rights over one of the UAE’s most critical energy assets
Long-term agreements for cables and pressure vessels were awarded to 12 UAE-based companies, potentially creating up to 1,300 skilled private-sector jobs
The contract awards span key sectors including drilling, logistics, operational support services, and engineering, procurement and construction (EPC)
The new projects are part of a broader push to deepen UAE-US energy ties, with the enterprise value of UAE energy investments into the US projected to hit $440bn by 2035
US President Trump says, the deal will generate billions of dollars in business and accelerate efforts by the UAE, an oil power and regional economic power
The partnership is expected to create new revenue streams and offer customers faster, more seamless access to retail products
ADNOC’s app is part of a broader push by Abu Dhabi to boost industrial GDP, develop homegrown capabilities, and attract strategic investments
Deliberations regarding the US energy-focused investment firm’s assets also involve other parties
Speaking at CERAWeek, Dr Sultan Ahmed Al Jaber called for pro-growth, pro-investment energy policies; and emphasised AI’s dependence on energy
The wide-scale deployment of the world’s first large-scale agentic AI solution for the energy sector follows he successful completion of ENERGYai ‘strial phase across ADNOC’s upstream operations
Borouge Group International will be jointly controlled as an equal partnership between ADNOC and OMV, with OMV injecting EUR1.6bn cash into the consolidated entity to equalise shareholding
Under the deal, LNG cargoes will be shipped to Osaka Gas and its Singapore-based subsidiary, Osaka Gas Energy Supply and Trading
The offering increased ADNOC Gas’ free float by 80 per cent, enhancing liquidity and providing a clear pathway for MSCI and FTSE indexation
In 2024 alone, ADNOC’s ICV programme reinvested Dhs55bn into the UAE economy and helped facilitate the creation of 5,500 private-sector jobs
Arcius Energy will focus on natural gas growth to meet growing regional demand while supporting Egyptian energy security and economic development
The Ruwais LNG facility is poised to make history as the first LNG export terminal in the region to be powered by clean energy
XRG will initially focus on transformational global investments that create value across natural gas, chemicals, and lower-carbon energy solutions
With the UAE’s Energy Strategy 2050 setting ambitious goals for clean energy, the collaboration between ENEC and ADNOC is a crucial step towards achieving these objectives
ADNOC’s ICV programme targets further economic reinvestment, aiming to drive Dhs178bn back into the UAE economy over the next four years
The 3D mega seismic survey, which began in late 2018, covers a vast 85,000 square kilometres across onshore and offshore areas in Abu Dhabi
The collaboration will support environmental and economic goals through AI-driven initiatives in renewable energy, carbon capture and efficiency improvements
The ENERGYai platform, built with ADNOC’s 80 years of historical data, is expected to set new standards in the energy sector for precision, efficiency, and sustainability
ADNOC said early this month it had struck a deal to buy Covestro for $16.3bn, including debt, the energy giant’s biggest-ever acquisition
The company is the largest producer of nitrogen fertilisers in the MENA region, with plants in the UAE, Egypt and Algeria
ADNOC intends to integrate its domestic and global portfolio of projects in low-carbon ammonia, more than doubling Fertiglobe’s ammonia project capacity
The deal marks a cornerstone for ADNOC’s plans to grow its petrochemicals business along with gas and renewable energy
The production facility aims to produce up to 1 billion cubic feet per day of low-carbon hydrogen, with around 98 per cent of carbon dioxide removed
The agreement focuses on identifying suitable saline aquifers for safe and permanent CO2 storage, enhancing Malaysia’s potential as a regional CCS hub
The duo will work together to conclude a detailed sale and purchase agreement in the coming months
Investors from the Middle East bring cash and expertise to such projects