Adnoc, ExxonMobil sign R&D tech collaboration deal ABU DHABI, December 11, 2020 The Abu Dhabi National Oil Company (Adnoc) has signed a strategic framework agreement with energy giant 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.
Initial areas identified include advanced non-metallic solutions, field testing and integrity management, smart reservoir management and well monitoring systems, and innovative emergency response systems.