ADNOC Inks Sales Agreement with China for Base Oil
The agreement supports ADNOC’s plan to enhance its downstream sector and petrochemical operations.
The agreement supports ADNOC’s plan to enhance its downstream sector and petrochemical operations.
The Abu Dhabi National Oil Company (ADNOC) declared expanding its In-Country Value (ICV) program through assigning a group of 6 additional third-party certifying bodies.
ADNOC Drilling, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced completing its first ‘integrated drilling services’ well in the Al Dabbyia onshore field.
During the exploration phase, the Indian consortium will hold 100% stake and invest around $170 million to explore oil and gas in the block.
ADNOC inked two memoranda of understanding (MoUs) with OMV to cooperate in developing the downstream sector.
The 35-year agreement gives INPEX the block’s exploration rights.
The survey aims to attract science, technology, engineering and mathematics (STEM) talents and to examine future workforce and employment trends in the oil and gas industry.
The award distinguishes the efforts exerted by ADNOC to enhance the education quality through its LEGO Education Innovation Studios, using LEGO bricks to explore STEM practices.
The Abu Dhabi Polymers Company has awarded three major contracts to TechnipFMC, Maire Tecnimont and WorleyParsons for the fourth phase of the Ruwais petrochemicals complex.
The agreements aim to explore upstream E&P opportunities, potential downstream investments and bunkering opportunities for both crude oil and LNG.