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Latest Press Releases

Partnership between ADNOC bp and Masdar

ADNOC signs Strategic Collaboration Agreement with Emirati Talent Competitiveness Council

Abu Dhabi National Oil Company (ADNOC) announced today that it has signed a strategic collaboration agreement with the Emirati Talent Competitiveness Council (NAFIS) to accelerate recruitment of UAE talent in the private sector, with the aim to create 3,000 additional jobs for UAE nationals in its supply chain by 2025.

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Partnership between ADNOC bp and Masdar

ADNOC Identifies AED70 Billion worth of Products with Local Manufacturing Potential and Invites the Private Sector to Seize Opportunity

Abu Dhabi National Oil Company (ADNOC) announced today, it has identified AED70 billion ($19 billion) worth of products in its procurement pipeline that could be manufactured locally. Out of this value, ADNOC signed agreements for local manufacturing opportunities worth AED21 billion ($5.7 billion) with UAE and international companies at the Make it in the Emirates Forum taking place in Abu Dhabi.

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Partnership between ADNOC bp and Masdar

ADNOC L&S Acquires 3 Additional New-Build Vessels to Meet Growing Global Demand for LNG

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC) and the region’s largest shipping and logistics company, announced today its decision to purchase three additional liqueified natural gas (LNG) vessels. ADNOC L&S is the region’s largest shipping and integrated logistics company and the state-of-the-art new-build vessels will bolster the company’s capacity as it responds to the growing global demand for LNG.

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Jun 27, 2022

ADNOC signs Strategic Collaboration Agreement with Emirati Talent Competitiveness Council

Abu Dhabi National Oil Company (ADNOC) announced today that it has signed a strategic collaboration agreement with the Emirati Talent Competitiveness Council (NAFIS) to accelerate recruitment of UAE talent in the private sector, with the aim to create 3,000 additional jobs for UAE nationals in its supply chain by 2025.

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Jun 21, 2022

ADNOC Identifies AED70 Billion worth of Products with Local Manufacturing Potential and Invites the Private Sector to Seize Opportunity

Abu Dhabi National Oil Company (ADNOC) announced today, it has identified AED70 billion ($19 billion) worth of products in its procurement pipeline that could be manufactured locally. Out of this value, ADNOC signed agreements for local manufacturing opportunities worth AED21 billion ($5.7 billion) with UAE and international companies at the Make it in the Emirates Forum taking place in Abu Dhabi.

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Jun 02, 2022

ADNOC L&S Acquires 3 Additional New-Build Vessels to Meet Growing Global Demand for LNG

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC) and the region’s largest shipping and logistics company, announced today its decision to purchase three additional liqueified natural gas (LNG) vessels. ADNOC L&S is the region’s largest shipping and integrated logistics company and the state-of-the-art new-build vessels will bolster the company’s capacity as it responds to the growing global demand for LNG.

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May 24, 2022

Khaled bin Mohamed bin Zayed Witnesses Signing of Strategic New Energy Partnership between ADNOC, bp and Masdar to Maximize Hydrogen Opportunities in the Energy Transition

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the Executive Committee of the Board of Directors of Abu Dhabi National Oil Company (ADNOC), has witnessed the signing of a partnership between Abu Dhabi National Oil Company (ADNOC), bp and Masdar to progress their strategic new energy partnership through the development of clean hydrogen and technology hubs, maximizing opportunities of the energy transition.

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May 19, 2022

Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of Board of Directors of ADNOC

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, has chaired a meeting of the Executive Committee of the Abu Dhabi National Oil Company (ADNOC) Board of Directors.

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May 12, 2022

TA'ZIZ and Reliance Partner with UAE’s Shaheen on $2 Billion Chemicals Project in Ruwais

Abu Dhabi Chemicals Derivatives Company RSC Ltd (“TA’ZIZ”) announced today that Shaheen Chem Holdings Investment LLC (Shaheen), will join the proposed TA’ZIZ and Reliance Industries Limited TA'ZIZ EDC & PVC joint venture, that will construct and operate a world-scale Chlor-Alkali, Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) facility, at the TA’ZIZ Industrial Chemicals Zone, in Ruwais.

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Apr 29, 2022

ADNOC Acquires 25% Stake in Borealis

Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) today announced a strategic transaction involving Borealis AG (Borealis), one of Europe’s leading petrochemical companies. Under this agreement, ADNOC will acquire a 25% shareholding in Borealis from Mubadala. Financial details of the transaction are not being disclosed.

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Apr 26, 2022

TA’ZIZ and Reliance Sign Shareholder Agreement for Ruwais Chemicals Project

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL), have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. Reliance is India’s largest diversified conglomerate and a strategic partner with Abu Dhabi National Oil Company (ADNOC) and ADQ, an Abu Dhabi-based investment and holding company, in TA’ZIZ EDC & PVC, a world-scale chemicals development at the TA’ZIZ Industrial Chemicals Zone in Ruwais.

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Apr 23, 2022

UAE Youths Set to Play Key Roles as ADNOC Future-Proofs its Business

UAE youths are set to play key roles as Abu Dhabi National Oil Company (ADNOC) future-proofs its business to build long-term resilience and remain a catalyst for the nation’s growth and diversification.

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Apr 12, 2022

ADNOC L&S Expands its Shipping Fleet With Acquisition of Two New-Build LNG Vessels to Meet Growing Global Demand for LNG

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC) and the region’s largest shipping and integrated logistics company, announced today the signing of a Ship Building Contract for the construction of two 175,000 cubic metre LNG vessels that will join its fleet in 2025. The purchase, part of the company’s broader growth and expansion strategy, further reinforces its position as the UAE’s leading shipping and maritime operator. The new LNG vessels will be crucial enablers of ADNOC’s 2030 growth strategy, supporting its existing LNG business as well as its ambitions to grow its liquefied natural gas (LNG) production capacity. They will be built at the Jiangnan Shipyard in China.

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