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Latest Press Releases

ADNOC

ADNOC Announces Transfer of 24.9% OMV Shareholding to XRG

Abu Dhabi National Oil Company P.J.S.C. (ADNOC) announced today its intention to transfer its 24.9% shareholding in OMV AG (OMV) to XRG P.J.S.C (XRG), its wholly-owned international investment company.

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

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors.

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ADNOC Expands its STEM Education Program to Empower UAE Students in AI

ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education program to empower UAE students in artificial intelligence (AI) and advanced technology through an initiative called ‘STEM for Life: Future of AI Schools Challenge’ which held the finals today at the Abu Dhabi Energy Center.

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Jul 18, 2023

ADNOC to Launch First High-Speed Hydrogen Refueling Station in the Middle East

ADNOC, today announced that it has begun construction on the Middle East’s first high-speed hydrogen refueling station. The station, which is being built in Masdar City by ADNOC, will create clean hydrogen from water, using an electrolyser powered by clean grid electricity.

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Jul 15, 2023

ADNOC Statement on Potential Borouge-Borealis Merger

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) is excited to confirm that, following initial exploratory discussions, it has entered into formal negotiations with OMV AG (“OMV”), about the potential creation of a new combined petrochemicals holding entity, through the proposed merger of their respective existing shareholdings in Borouge plc (“Borouge”) and Borealis AG (“Borealis”).

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Jun 01, 2023

ADNOC and Nafis to Create an additional 5,000 Private Sector Jobs for UAE National Talent by 2027

ADNOC announced today at the Make it in the Emirates Forum in Abu Dhabi, a strategic agreement with the Emirati Talent Competitiveness Council (ETCC) through its Nafis program to create an additional 5,000 jobs for UAE Nationals in the private sector by 2027.

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Jun 01, 2023

ADNOC, John Cockerill Hydrogen, and Strata Manufacturing to Boost UAE's Hydrogen Economy

The Ministry of Industry and Advanced Technology (MoIAT) announced today at the “Make it in the Emirates” Forum in Abu Dhabi that is has supported a strategic collaboration agreement between ADNOC, John Cockerill Hydrogen and Strata Manufacturing, aiming to manufacture electrolysers in the UAE for local use and for export.

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May 31, 2023

ADNOC Signs Agreements with More than 60 Companies at Make it in the Emirates Forum in Abu Dhabi

ADNOC announced today at the Make it in the Emirates Forum in Abu Dhabi, new agreements with more than 60 UAE-based and international companies to locally manufacture critical non-oil products in its supply chain.

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May 24, 2023

ADNOC and TAQA Announce Project for Sustainable Water Supply to Onshore Operations Worth up to $2.4 Billion

ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) announced today the award of a strategic investment project estimated at up to $2.4 billion (AED 8.8 billion) to provide sustainable water supply for ADNOC’s onshore operations, reinforcing ADNOC and TAQA’s position as responsible energy leaders and underscoring their efforts to drive sustainable initiatives that deliver long-term value.

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May 11, 2023

ADNOC Launches $1 Million Decarbonization Technology Challenge

ADNOC, today launched a global competition to find innovations that will reshape the global energy landscape. The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), bp, Hub71, and the Net Zero Technology Center.

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May 11, 2023

ADNOC L&S and SeaOwl Sign Agreement to Design Remotely Operated Marine Supply Vessels

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of ADNOC, announced today it has signed an agreement with SeaOwl for the design of unmanned Remotely Operated Vessels (ROV) capable of transporting vehicles, equipment and supplies to and from offshore sites. The agreement was signed by Captain Abdulkareem Al Masabi, CEO of ADNOC L&S and Xavier Génin, CEO of SeaOwl at the UAE Climate Tech Forum organized by the Ministry of Industry and Advanced Technology.

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May 10, 2023

ADNOC and Baker Hughes Collaborate to Advance Hydrogen Technology Innovation

ADNOC and Baker Hughes announced today an agreement to accelerate the development and commercialization of technology solutions for green and low-carbon hydrogen, as well as graphene.

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May 02, 2023

Low-Carbon LNG Growth Project to Proceed in Al Ruwais Industrial City

As part of the design phase, ADNOC announced today that its world class low-carbon LNG growth project will move forward in the Al Ruwais Industrial City, Al Dhafrah, Abu Dhabi. As an operational hub for ADNOC and its operating companies, the selected location offers significant synergies and existing infrastructure that will be leveraged to deliver project efficiencies, unlocking additional value for ADNOC, its partners and the UAE.

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