Page 19 - Adnoc News Today

ADNOC Gas Plc, a listed subsidiary of Abu Dhabi National Oil Co, has reached an agreement with France’s TotalEnergies SE to supply the latter with LNG in a $1B deal

The agreement is valued at between $1 billion and $1.2 billion.

Leased from ADNOC L&S, the Japan-built Moss-type LNG carrier Ish, converted to FSU by AG&P subsidiary, GAS Entec, brings to the Philippines the countrys maiden LNG cargo. [Image: AG&P]

ADNOC, the national oil company of Abu Dhabi, is expanding its natural gas production capacity and increasing investments to target Europes gas markets.

The cargo will be used used to cool down the floating storage unit Ish and commission the first LNG terminal in Batangas Bay near Manila. [Image: AG&P]

The shilling has weakened further against the dollar despite the forex code introduced by CBK and a government deal to import oil on credit from the Gulf states.

Abu Dhabi’s main energy company is seeking to raise about $1 billion from the initial public offering of its shipping and logistics unit, according to

The cargo will be used to cool down the floating storage unit (FSU) Ish and commission the first LNG terminal in Batangas Bay near Manila.

DUBAI: The United Arab Emirates’ president named his eldest son as crown prince of Abu Dhabi late on Wednesday,...

If the deal goes through, BP and ADNOC would each hold 50% of NewMed Energy.