ADNOC, ExxonMobil sign deal to collaborate
on technology research and development December 10, 2020 The Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with ExxonMobil, focused on exploring joint technology research and development, R&D, partnership opportunities across the oil and gas upstream value chain. ABU DHABI — The Abu Dhabi National Oil Company (ADNOC) has signed a strategic framework agreement with ExxonMobil, focused on exploring joint technology research and development, R&D, partnership opportunities across the oil and gas upstream value chain. Under the terms of the agreement, ADNOC and ExxonMobil will identify areas of mutual interest for conducting R&D and co-developing technology solutions that will help increase upstream operational efficiencies, strengthen health, safety, and environment, HSE, management, and unlock business value.