Abu Dhabi National Oil Co. (ADNOC) Company News

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ADNOC Says It Can Open Oil Spigot Further
Thursday, March 12, 2020 According to ADNOC's website, the company's current oil output is approximately 3 million bpd.

ADNOC FSU to Become India LNG Facility
Wednesday, February 12, 2020 AG&P and ADNOC L&S executives at the signing of an agreement for the long-term charter of an FSU at AG&P's new LNG import terminal at Karaikal Port in South India. PHOTO SOURCE: Business Wire

ADNOC Mega-Project Contract Goes to KBR
Monday, February 03, 2020 KBR has won a major project management consultancy (PMC) services contract from Abu Dhabi National Oil Co. (ADNOC).

U.A.E. Makes Significant Gas Field Discovery
Monday, February 03, 2020 The deposit could meet the country's entire gas demand for nearly three decades.

Adnoc's $15B Gas Pipeline Lures BlackRock, GIP Interest
Tuesday, January 28, 2020 Adnoc is seeking to sell as much as 49 percent of the business through a lease structure.

Total and ADNOC Plan Seismic Drone Project
Thursday, November 14, 2019 The project will use a fleet of drones to drop off thousands of seismic sensors throughout Abu Dhabi and unmanned ground vehicles to retrieve them.

ADNOC Makes LNG Supply Deals with BP and Total
Tuesday, November 12, 2019 ADNOC called its new LNG supply agreements with BP and Total 'milestones.' PHOTO SOURCE: ADNOC

$4B India Complex Might Use Wind and Solar Power
Thursday, October 17, 2019 This photo shows the designed site for the chemical complex, Mundra Port in Gujarat, India. PHOTO SOURCE: Adani

ADNOC Forges Closer Ties with Russia
Wednesday, October 16, 2019 In the past two days, ADNOC has announced deals with the Russian Energy Agency and Lukoil.

Oil Hub of Fujairah Thriving Amid Rising Geopolitical Risk
Monday, October 07, 2019 Fujairah has seen incremental investment as a port that bypasses the Strait of Hormuz which Iran has threatened to block. (Photo: Gaurav Sharma)

Adnoc to Launch $5B Gas Pipeline Lease Deal
Thursday, October 03, 2019 Abu Dhabi National Oil Co. wants to bring in outside investors to take a minority interest in its gas pipeline network.

The Top 10 Ideal NOC Employers
Thursday, August 29, 2019 Presenting the highest-scoring NOCs in Rigzone's 2019 Ideal Employer Survey!

Top 10 Ideal Downstream Employers for 2019
Thursday, August 22, 2019 Here is a breakdown of the 10 highest-scoring downstream employers in Rigzone's 2019 Ideal Employer Survey.

$3.6B ADNOC Contracts Go to Tenaris, Others
Wednesday, August 21, 2019 ADNOC awards contracts for casing and tubing.

Petrofac Wins Offshore UAE Contract
Monday, July 29, 2019 A Petrofac-NPCC JV has won a contract from an ADNOC-CNPC JV.

KKR, BlackRock Raising $3B for Adnoc Pipelines
Tuesday, April 02, 2019 The deal gives the partnership leases on 18 pipelines.

35-Year Onshore Abu Dhabi Concession Goes to Inpex
Monday, March 18, 2019 INPEX will invest up to US$176 million in Abu Dhabi's Onshore Block 4. PHOTO SOURCE: ADNOC

$1.2B UAE Oil Storage Contract Goes to SKEC
Wednesday, February 27, 2019 SKEC is building the underground storage complex in hard rock in the Emirate of Fujairah.

UAE Refinery Contract Goes to Wood
Thursday, February 21, 2019 ADNOC plans to expand its refining complex at Ruwais, UAE. PHOTO SOURCE: ADNOC.

How Industry 4.0 is Reshaping Oil and Gas Recruitment
Tuesday, February 19, 2019 Slowly but surely, the proliferation of IIoT, robotics, augmented and virtual reality are leading to a step change in hiring strategies.

$44B India Refinery Project At Risk
Tuesday, February 19, 2019 The completion of the refinery hinges on the outcome of an upcoming election.

ADNOC Claims Industry First
Tuesday, December 11, 2018 ADNOC's gas processing plant. IMAGE SOURCE: ADNOC

Abu Dhabi Signals Global Ambition, Seeks Refineries
Tuesday, November 13, 2018 Abu Dhabi signaled its ambitions to send more oil and gas around the world as it woos investors to fields at home and hunts for assets abroad.

ADNOC to Boost Oil Production to 4 MMbpd by 2020
Monday, November 05, 2018 The state-owned oil company is implementing a new gas strategy to increase production and plans to invest $132 billion in the next five years.

ADNOC Seeks to Make Downstream City More Livable
Monday, September 10, 2018 ADNOC has big plans for Ruwais City.

Govt Source: ADNOC To Sign Deal On Monday For Stake In Indian Refinery
Friday, June 22, 2018 ADNOC will sign an agreement with Saudi Aramco and Indian companies for an up to 25 percent stake in a planned $44 billion refinery.

UAE's ADNOC Signs Deal With Spain's Cepsa For New LAB Facility
Monday, May 14, 2018 ADNOC signs a project development agreement with Spain's Cepsa for a new linear alkylbenzene (LAB) facility.

ADNOC Sets Up Oil Trading Business to Help Find New Markets
Monday, April 23, 2018 It's part of the state-run firm's efforts to expand its international business and secure new markets.

Austria's OMV to Invest in UAE Offshore Oilfields in $1.5B Deal with ADNOC
Thursday, April 05, 2018 Austrian oil and gas group OMV said it will take a 20 percent interest in two oilfields off the United Arab Emirates under a $1.5 billion deal agreed with the Gulf state's national oil company ADNOC.

ADNOC Signs Two 3-Year Naphtha Sales Deals With Asian Firms
Wednesday, March 28, 2018 ADNOC says it has signed two 3-year agreements with Japan's Idemitsu Kosan Co. Ltd and Thailand's SCG Chemicals.

CEO: ADNOC To Build Largest Global Refining & Chemical Site
Tuesday, March 06, 2018 ADNOC plans to build the world's largest integrated refining and chemical site in Ruwais.

Minister: India Seeks 'Reasonable' Oil Price From Saudi Arabia
Friday, February 23, 2018 India is seeking a reasonable price for crude oil from Saudi Arabia, Oil Minister Dharmendra Pradhan says.

Abu Dhabi Broadens Oil Partnerships in $1.5B Cepsa Deal
Monday, February 19, 2018 ADNOC awarded a second slice of its offshore concessions in as many weeks, this time to refiner and producer Cia Espanola de Petroleos SA for a $1.5B fee.

Oil World Turns Upside Down as US Sells Oil in Middle East
Wednesday, February 07, 2018 The United Arab Emirates isn't the most obvious customer for Texan oil.

ADNOC Distribution Shares Open Sharply Up After First IPO In 6 Years
Friday, December 29, 2017 Shares of the fuel distribution unit of Abu Dhabi National Oil Co made a strong stock market debut on Wednesday.

Adnoc Unit IPO to Raise $902 Million After Narrowing Range
Wednesday, December 06, 2017 Abu Dhabi National Oil Co. plans to raise as much as $902 million from the IPO of its fuel-retailing unit.

ADNOC Pushes Ahead With IPO After Emaar Sale
Monday, November 20, 2017 Abu Dhabi National Oil Co. plans to sell as much as 20% of its fuel-distribution unit.

Middle East Oil Producers Turn to Crude Trading to Boost Incomes
Friday, September 29, 2017 Other OPEC members are joining in as oil prices remain at roughly half their levels of mid-2014.

Statoil Among Firms Seeking Stakes in Abu Dhabi Offshore Blocks
Monday, September 25, 2017 Statoil is among producers involved in discussions with ADNOC about joining offshore production in the emirate, according to a Norwegian diplomatic dispatch.

Abu Dhabi's Adnoc Is Said to Consider IPO for Shipping Business
Thursday, September 21, 2017 Abu Dhabi National Oil Co. is considering a plan to sell shares in its shipping unit as part of a broader strategy to attract investment.

UAE's ADNOC To Split Huge Oil Concession, In Talks With Potential Partners
Monday, August 07, 2017 Abu Dhabi National Oil Co (ADNOC) says it will split its ADMA-OPCO offshore oil concession into two or more areas.c

Traders: ADNOC Finalizes July 2017 To June 2018 Diesel Term Contract
Tuesday, August 01, 2017 Abu Dhabi National Oil Company has finalized its July 2017 to June 2018 diesel term contract at a higher premium than an earlier contract it signed, traders say.

Sources: UAE Buys First US Oil Cargo To Replace Qatar Condensate
Wednesday, July 26, 2017 The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter say.

New UK Listing Rules Set to Attract State Companies Beyond Aramco
Monday, July 17, 2017 Saudi Arabia, Oman and Abu Dhabi have all announced plans in the past year to float some of their oil assets.

Repair Delays at ADNOC Ruwais Refinery to Lift Gasoline Demand
Friday, June 30, 2017 Abu Dhabi demand for gasoline is expected to stay firm after its plans to restart a gasoline-making secondary unit at its Ruwais refinery were delayed.

OMV, ADNOC Agree to Explore Opportunities for Cooperation
Thursday, May 25, 2017 The companies agreed to evaluate refinery-petrochemical integration and other opportunities.

Abu Dhabi Awards China's CEFC 4% Of Oil Concession For $900MM
Monday, February 20, 2017 Abu Dhabi awards the final 4% interest in its onshore oil concession.

UAE's ADNOC Offers April Murban Crude From S.Korea Storage In Rare Move
Thursday, February 16, 2017 Abu Dhabi National Oil Company offers Murban crude to be loaded in April from its oil storage in South Korea.

Abu Dhabi Said to Improve Oil-Investor Returns With New Terms
Thursday, February 02, 2017 Abu Dhabi's state energy producer, which is seeking more partners to develop its fields, improved some terms in an oil-production partnership to offer greater returns to international companies.

Inpex, ADNOC Agree to Extend Offshore Abu Dhabi Joint Development Project
Monday, January 16, 2017 Inpex Corporation agrees with the Abu Dhabi National Oil Company (ADNOC) to extend the duration of the joint development of the Satah and Umm Al Dalkh oil fields offshore Abu Dhabi in the United Arab Emirates.