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September 6, 2023
Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had reached a final investment decision to develop the Habshan carbon capture project. The carbon capture, utilization and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million metric tons of carbon dioxide a year, ADNOC said in a statement. ADNOC brought forward its net zero carbon emissions target by five years to 2045 in July as the United Arab Emirates prepares to host a major UN climate conferen...
July 31, 2023
Abu Dhabi National Oil Company brought forward its net zero carbon emissions target by five years to 2045 on Monday as OPEC member the United Arab Emirates prepares to host a major U.N. climate...
June 26, 2023
DUBAI: Abu Dhabi National Oil Company (ADNOC) has approached German plastics and chemicals maker Covestro AG with a...
March 24, 2023
State oil giant Abu Dhabi National Oil Co (ADNOC) plans to float its marine and logistics subsidiary in the coming months…
March 24, 2023
State oil giant Abu Dhabi National Oil Co (ADNOC) plans to float its marine and logistics subsidiary in the coming months…
December 21, 2022
Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 24.9% shareholding in Austrian oil and gas group OMV from…
December 21, 2022
Mubadala's stake in OMV is valued at around $4.1 billion
December 11, 2022
Leading decision makers from Saudi ministries, senior government officials, representatives from special economic zones, corporate leaders, developers as well as 200 C-suite executives took part in the Saudi Building & Infrastructure Summit at Riyadh.
May 17, 2021
Hadeel Al Sayegh Image credit: evannovostro/AdobeStock Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its drilling unit, two sources told Reuters. Banks working on ADNOC Drilling are scheduling calls with local, regional and international institutional investors to sound out appetite for the potential sale, said the sources, declining to be named as the matter is...
May 10, 2021
ADNOCs Drilling Unit to Go Public Hadeel Al Sayegh Image credit: evannovostro/AdobeStock Abu Dhabi National Oil Co (ADNOC) has invited investment banks to pitch for bookrunner roles for the initial public offering of its drilling unit, two sources told Reuters on Sunday. The oil giant invited a handful of international and local banks to take part in the process of the public share sale of ADNOC Drilling, which is due later this month, they said. ...