Latest Press Releases

The Abu Dhabi National Oil Company (“ADNOC”) announced today its intention to undertake a competitive process to seek and select a developer or developer consortium for the construction and operation of approximately 5,800 staff accommodation units under a long-term DBFO concession.

Natural gas is set to play a pivotal role in powering economic growth in the United Arab Emirates (UAE) over the next 50 years, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC).

Abu Dhabi National Oil Company (ADNOC), bp and Masdar announced the signing of strategic framework agreements to expand upon the UAE and UK’s longstanding track record of bilateral partnership in sustainability, including the potential development of clean hydrogen hubs in both the UK and UAE at a scale of at least 2 gigawatts (GW).

The Abu Dhabi National Oil Company (ADNOC) and its subsidiary ADNOC Drilling Company (“ADNOC Drilling”) and Helmerich & Payne, Inc. (NYSE: HP) (“H&P”), a global leader in rig technologies and drilling solutions, jointly announced today a strategic alliance, that will see ADNOC Drilling acquire eight FlexRig® land rigs from H&P for $86.5 million. Following this transaction, H&P will make a $100 million cornerstone investment into ADNOC Drilling’s recently announced Initial Public Offering (“IPO”).

The Abu Dhabi National Oil Company (ADNOC) announced today, the signing of a historic exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 5 to a consortium of four Pakistani companies – Pakistan Petroleum Limited (PPL), Mari Petroleum Company Limited (MPCL), Oil and Gas Development Company Limited (OGDCL), and Government Holdings (Private) Limited (GHPL) – in Abu Dhabi’s second competitive block bid round. The consortium is led by PPL.

Her Highness Sheikha Fatima bint Mubarak, Mother of the Nation, today, reinforced the commitment of the United Arab Emirates’ (UAE) Leadership to empower Emirati women and support their ambitions to enable them to continue contributing to the UAE’s progress as the nation prepares for the next 50 years.

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), announced today the acquisition of six line boats to provide critical marine services across petroleum ports in Abu Dhabi. All six vessels are the Damen Stan Tug 1606 type, and were contracted directly from Sharjah-based Albwardy Damen, as part of ADNOC Group’s commitment to boost In-Country Value across its operations.

The Abu Dhabi National Oil Company (ADNOC) announced today, the signing of framework agreements for Concept and Front-End Engineering Design (FEED) services for major projects across its full value chain to support the delivery of its 2030 strategy.

The Abu Dhabi National Oil Company (ADNOC) announced today that, in partnership with Fertiglobe, it has sold a cargo of blue ammonia to INPEX in Japan, for use in power generation applications. The sale builds upon recently announced joint efforts to enhance industrial cooperation between the UAE and Japan and support the development of new UAE-Japan blue ammonia supply chains and follows the recent sale of blue ammonia cargos to Japan’s Itochu and Idemtisu.

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), announced today its strategic partnership with Netherlands-headquartered Roll Group to strengthen its turnkey integrated logistics offering. The partnership with Roll Group enables ADNOC L&S to jointly implement heavy haulage solutions for both onshore and offshore projects.