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Latest Press Releases

UAE President and India Prime Minister Witness Exchange of Strategic Agreements between ADNOC and Indian Energy Partners

In the presence of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and India’s Prime Minister Narendra Modi, ADNOC today announced the exchange of two strategic collaboration agreements with Indian partners, reinforcing the strong and expanding UAE‑India energy partnership.

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

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UAE and Austria Reaffirm Energy and Industrial Ties as Austrian Chancellor Visits ADNOC HQ

His Excellency Christian Stocker, Chancellor of the Republic of Austria, today visited ADNOC’s Headquarters during his official visit to the United Arab Emirates (UAE). The visit followed a tour at the Make it in the Emirates platform where he met with Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Managing Director and Group CEO of ADNOC, Chairman of Masdar and Executive Chairman of XRG.

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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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Dec 21, 2020

ADNOC Awards Eni and PTTEP Consortium the First Offshore Exploration Block in Abu Dhabi’s Second Competitive Block Bid Round

The Abu Dhabi National Oil Company (ADNOC) announced, today, the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 3 to a consortium led by Eni Abu Dhabi B.V., a wholly-owned subsidiary of Italy’s multinational energy company, Eni, and PTTEP MENA Ltd., a wholly-owned subsidiary of Thailand’s PTT Exploration and Production Public Company Limited (PTTEP).

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Dec 20, 2020

ADNOC Affirmed Globally Industry-Leading Credit Ratings by Fitch

Fitch Ratings (Fitch) has affirmed ADNOC Group a standalone credit rating of AA+. According to Fitch, the rating reflects ADNOC’s high upstream production and vast oil reserves, very low cost of production, integration into downstream operations, very conservative financial policies, high financial flexibility and low leverage, and its strong unit profitability.

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Dec 17, 2020

ADNOC Prioritizes Youth Development as it Nurtures the Next Generation of Emirati Talent

The Abu Dhabi National Oil Company (ADNOC) today, reinforced its commitment to developing and empowering Emirati youths during the ADNOC Youth Forum which was held virtually with over 3000 youths in attendance from across the ADNOC Group. ADNOC is prioritizing youth development as it nurtures the next generation of Emirati talent that will build on its legacy of success and drive its performance to new heights.

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Dec 15, 2020

ADNOC to Boost In-Country Value to Support Post-Covid Economic Growth

The Abu Dhabi National Oil Company (ADNOC) announced today, it will boost in-country value (ICV) to the United Arab Emirates (UAE) to support post-Covid economic growth through its hugely successful ICV program.

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Dec 10, 2020

ADNOC and ExxonMobil Sign Agreement to Collaborate on Technology Research and Development

The Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with Exxon Al Khalij Inc. (ExxonMobil), focused on exploring joint technology research and development (R&D) partnership opportunities across the oil and gas upstream value chain.

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Dec 09, 2020

ADNOC Awards Occidental Onshore Exploration Block in Abu Dhabi’s Second Competitive Block Bid Round

The Abu Dhabi National Oil Company (ADNOC) announced, today, the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi Onshore Block 5 to Occidental, a US-based international oil and gas exploration and production company.

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Dec 08, 2020

ADNOC Global Trading Commences Trading of ADNOC Refined Products

The Abu Dhabi National Oil Company (ADNOC) has officially launched its second trading arm, ADNOC Global Trading (AGT), a joint venture between ADNOC (65%), Eni (20%) and OMV (15%) which focuses on the trading of refined products globally.

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Nov 26, 2020

ADNOC Awards $519 Million Contract Further Expanding World’s Largest 3D Seismic Survey

The Abu Dhabi National Oil Company (ADNOC) announced today, the award of a contract worth up to $519 million (AED1.9 billion) to further expand the scope of the world’s largest combined three-dimensional (3D) onshore and offshore seismic survey, which is currently taking place in the Emirate of Abu Dhabi.

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Nov 22, 2020

H.H. Sheikh Mohamed bin Zayed Commends ADNOC’s Agility and Resilience at SPC Meeting

The Supreme Petroleum Council (SPC) announced today the discovery of substantial recoverable unconventional oil resources located onshore, estimated at 22 billion stock tank barrels (STB), and an increase in conventional oil reserves of 2 billion STB in the Emirate of Abu Dhabi.

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Nov 17, 2020

ADNOC CEO Highlights Investment and Partnership Opportunities in the UAE at Bloomberg New Economy Forum

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Group CEO of the Abu Dhabi National Oil Company (ADNOC) highlighted investment and partnership opportunities in the United Arab Emirates (UAE) during a panel session at the Bloomberg New Economy Forum.

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