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Jun 12, 2024

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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Jun 10, 2024

ADNOC Fully Redeems Exchangeable Bonds in ADNOC Distribution

Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) confirms that it has redeemed in full its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution). ADNOC paid Bondholders a total amount of $1.199 billion in cash on June 4, 2024, retaining full ownership of the underlying ADNOC Distribution shares.

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May 31, 2024

ADNOC Awards 3% Interest in SARB and Umm Lulu Concession to SOCAR

ADNOC announced today it has signed an agreement to award a 3% participating interest in the SARB and Umm Lulu offshore concession to SOCAR. This award builds on the strategic energy partnership between the United Arab Emirates (UAE) and Azerbaijan and deepens ADNOC’s growing partnership with SOCAR across the energy value chain.

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May 30, 2024

TA’ZIZ Signs Land Reservation Agreements with UAE and International Companies for Light Industrial Area

TA’ZIZ, a chemicals and industrial ecosystem under development in Al Ruwais Industrial City, Abu Dhabi, announced today the signing of 31 land reservation agreements with tenants for its Light Industrial Area.

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May 28, 2024

TA’ZIZ Awards Construction Contract for Low-Carbon Ammonia Plant

TA’ZIZ, a chemicals and transition fuels ecosystem under development in Al Ruwais Industrial City, Abu Dhabi, announced today at the Make it in the Emirates forum, the award of a construction contract for its 1 million tons per annum (mtpa) low-carbon ammonia production facility. Fertiglobe, a partner of TA’ZIZ, Mitsui & Co., Ltd. and GS Energy Corporation, awarded the construction contract to Tecnimont S.p.A (MAIRE Group).

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