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Latest Press Releases

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, held at the company’s headquarters in Abu Dhabi.

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Dr. Sultan Al Jaber Dedicates MEI’s Leadership Award to the UAE President and Frontline Workers

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Executive Chairman of XRG, has received the 2026 Distinguished Global Leadership Award from the Washington D.C.-based Middle East Institute (MEI) and dedicated the recognition to His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, and the country’s frontline workers.

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ADNOC and OMV Announce Executive Leadership for Borouge Group International AG

ADNOC and OMV today announced the executive leadership team and Supervisory Board of Borouge Group International AG, a global polyolefins champion to be formed through the combination of their shareholdings in Borouge Plc and Borealis, followed by the acquisition of NOVA Chemicals.

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ADNOC Operational Updates

ADNOC continues to closely monitor developments and respond to the evolving situation, in close coordination with relevant UAE authorities.  As always, the safety and wellbeing of our people is our highest priority.

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Mar 03, 2022

TA’ZIZ and Proman Partner to Develop World-Scale Methanol Facility in Ruwais

Abu Dhabi National Oil Company (“ADNOC”) today signed an agreement with Proman, one of the world’s leading producers of methanol, to develop the United Arab Emirates’ (UAE) first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Ruwais, Abu Dhabi. Under the terms of the agreement, Abu Dhabi Chemicals Derivatives Company RSC Ltd. (“TA'ZIZ”) and Proman will construct a natural gas to methanol facility with an anticipated annual capacity of up to 1.8 million tons per annum. The facility will meet growing domestic and international demand for this clean and versatile chemical commodity which is gaining momentum as a lower-emission fuel alongside existing uses spanning industrial products. The project is subject to relevant regulatory approvals.

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Feb 23, 2022

ADNOC L&S Signs Agreement for Second Long-term Charter of a Floating Storage Unit with AG&P as it Delivers on its Ambitious Growth Plans

ADNOC Logistics & Services (ADNOC L&S) and Atlantic Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and infrastructure development company have signed a charter agreement to utilize ADNOC L&S’s LNG Carrier Ish as a Floating Storage Facility (FSU).

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Feb 17, 2022

ADNOC Awards $1.94 Billion Framework Agreements to Enable Drilling Growth

Abu Dhabi National Oil Company (ADNOC) announced today, framework agreement awards valued at $1.94 billion (AED 7.1 billion) to enable drilling growth. The awards build on ADNOC’s recent record investments in drilling-related equipment and services and support its strategy to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and drive gas self-sufficiency for the United Arab Emirates (UAE).

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Feb 15, 2022

ADNOC and Borealis Consider Borouge Listing

Abu Dhabi National Oil Company (ADNOC) and Borealis AG (Borealis) are considering a potential initial public offering (IPO) of a minority stake in their joint venture business Borouge. Headquartered in Abu Dhabi, Borouge is a leading provider of innovative, value creating plastics solutions

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Feb 03, 2022

ADNOC Announces Gas Discovery Offshore of Abu Dhabi

The Abu Dhabi National Oil Company (ADNOC) announced today the discovery of natural gas resources offshore of the Emirate of Abu Dhabi.

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Jan 25, 2022

ADNOC Announces New Dedicated Debt Capital Markets Issuing Entity and Inaugural Credit Rating

Abu Dhabi National Oil Company (“ADNOC”) announced today, that it has created a new, wholly owned subsidiary, ADNOC Murban RSC Ltd (“ADNOC Murban”), which will become the primary debt capital markets issuing and rated entity for ADNOC Group.

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Jan 17, 2022

ADNOC Comments Following Incident at Mussafah Fuel Depot

At approximately 10:00 AM this morning, an incident occurred at our Mussafah Fuel Depot in Abu Dhabi which resulted in the outbreak of a fire.

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Jan 05, 2022

ADNOC Invests Close to USD1 Billion in the Long Term Development of Umm Shaif Field

Abu Dhabi National Oil Company (ADNOC) announced today the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field. The investment supports ADNOC’s oil production capacity plans of five million barrels per day (mmbpd) by 2030 while ensuring energy security for the United Arab Emirates (UAE) and partners around the world.

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Dec 22, 2021

ADNOC and TAQA Announce $3.6 Billion Project to Power and Decarbonize Offshore Operations

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) announced today a $3.6 billion strategic project to significantly decarbonize ADNOC’s offshore production operations, further strengthening ADNOC and TAQA’s position in driving and leading sustainability efforts and supporting the United Arab Emirates (UAE) ‘Net-Zero by 2050 Strategic Initiative’.

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Dec 15, 2021

Leading UAE Investors Partner with ADNOC and ADQ to Develop World-Scale Chemicals Projects in Ruwais

The Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ)  today signed investment agreements with eight United Arab Emirates (UAE)-based investors, marking the first domestic Public Private Partnership (PPP) in Abu Dhabi’s downstream and petrochemicals sector. The agreements comprise commitments by the investors to invest in an up to 20% stake in a portfolio of chemicals projects worth AED 15 billion ($4 billion) within the TA’ZIZ Industrial Chemicals Zone, alongside Abu Dhabi National Oil Company (ADNOC), ADQ, and other global strategic partners in Ruwais, Abu Dhabi.

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