Abu Dhabi National Oil Company (ADNOC) and its international energy investment company XRG, along with the UAE’s Masdar, have signed a series of agreements with German companies that could enable more than €5 billion in investment across Germany’s energy and industrial sectors, strengthening cooperation in liquefied natural gas (LNG), natural gas, offshore wind, low-carbon ammonia, advanced materials and artificial intelligence (AI).

The agreements were signed during UAE President Sheikh Mohamed bin Zayed Al Nahyan’s state visit to Germany, according to ADNOC.

The deals follow the UAE’s announcement of €40 billion in intended long-term investment in Germany and build on more than €20 billion already invested by ADNOC, XRG and Masdar in the country’s energy and industrial sectors.

ADNOC and RWE Supply & Trading, a German electric power distribution company, signed a Letter of Intent (LoI) to advance up to two long-term LNG sales and purchase agreements for deliveries to Germany, Europe and Asian markets. The LNG is expected to come from ADNOC Gas’ and XRG’s growing portfolio, including projects in Ruwais, Das, Rio Grande, Mozambique and Argentina, with supplies targeted to begin in the early 2030s.

The agreement builds on an earlier Strategic Collaboration Agreement signed by ADNOC and RWE in February 2026 to explore LNG supply opportunities to Germany and European markets of up to 1 million tons per year (mt/y).

ADNOC, XRG and Securing Energy for Europe (SEFE) also signed a memorandum of understanding (MoU) to explore cooperation across the natural gas and LNG value chains, including gas supply, infrastructure, logistics and portfolio optimization.

TA’ZIZ, UAE’s world-scale chemicals and transition fuels company, and Covestro, a German polyurethane and polycarbonate raw materials producer, signed an LoI outlining the next steps in a joint feasibility study for a world-scale methylene diphenyl diisocyanate (MDI) value chain in Ruwais.

The partners initially announced the feasibility study in June 2026. Subject to its outcome and required approvals, the companies expect to decide on the next phase in the coming months, potentially leading to a final investment decision and production start-up in the early 2030s.

Covestro, Fertiglobe, an Emirati nitrogen fertilizer and ammonia producer and distributor, and Germany’s MB Energy also signed an MoU to explore cooperation on low-carbon ammonia supply chains into Germany.

In renewable energy, Masdar and RWE signed an MoU to consider joint participation in future German offshore wind auctions. Masdar and German renewable energy company Luxcara separately agreed to explore joint investments in offshore wind and battery storage projects in Germany and wider Europe.

ADNOC also signed strategic collaboration agreements with Bosch Middle East, Siemens Energy and Siemens Industrial to explore cooperation in advanced technologies and AI.

“The UAE and Germany are building on decades of trusted partnership to advance economic growth and shared prosperity for the long-term. The additional €40 billion of intended long-term investments announced this week, together with the agreements ADNOC, XRG and Masdar signed today with our German partners, build on our investments across Germany’s energy and industrial landscape and mark another step forward in greater cooperation that will create new opportunities for both countries,” Sultan Ahmed Al Jaber, ADNOC Managing Director and Group CEO, Executive Chairman of XRG, and Chairman of Masdar, commented.

The UAE-Germany Investment Council was also launched alongside the agreements to bring together government, capital and companies to identify commercially viable opportunities, address investment barriers and accelerate growth in priority sectors.

ADNOC said its existing long-term LNG agreements provide 1.6 million tons per year of supply to the German market, enough gas to power more than 3.5 million German households.