4.85m barrels capacity of oil per day
11.5bcf of natural gas per day
Our 2030 Sustainability Strategy test
Our 2030 Sustainability Strategy test
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) announced today that it intends to settle, via a cash payment, its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution), which bear a coupon of 0.70%, upon maturity on June 4, 2024. Fulfilling its financial obligations, ADNOC will pay up to $1.195 billion, along with up to $4.18 million in applicable interest.
ADNOC announced today the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors in his capacity as its Chairman.
ADNOC today announced it has taken a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects.
Abu Dhabi National Oil Company P.J.S.C. (“ADNOC”) and OCI Global (Euronext: OCI) (“OCI”), today announced that they have entered into a sale and purchase agreement (the “SPA” or the “Agreement”) for the acquisition by ADNOC of OCI’s entire majority shareholding in Fertiglobe plc (ADX: FERTIGLB) (“Fertiglobe"). Fertiglobe is listed on the Abu Dhabi Securities Exchange (“ADX”) and is the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertilizer producer in the Middle East & North Africa, and an early mover in sustainable ammonia, with production facilities in Egypt, Algeria and the UAE.