Abu Dhabi National Oil Company
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ADNOC Announces Discovery of 22 B bbl, Pledges $122 B in Capex
Monday, 23rd November 2020
Abu Dhabi National Oil Company (ADNOC) announces the discovery of 22 billion barrels of unconventional oil which is made up of unconventional reserves including shale oil as the company pledges $122 billion in capital expenditure (Capex) over the next five years.
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ADNOC Restarts Ruwais Refinery
Monday, 4th May 2020
Abu Dhabi National Oil Company (ADNOC) has embarked on a gradual restart of its oil refinery complex after scheduled maintenance.
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Companies Make Initial Bids For ADNOC $15 B Stake
Monday, 23rd March 2020
BlackRock Inc, KKR & Co. and Italian infrastructure operator Snam S.p.A. are among others that have made bids to claim a stake of Abu Dhabi National Oil Company’s natural gas pipeline.
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ADNOC Awards Eni, PTTEP Offshore Concessions
Monday, 25th November 2019
The Abu Dhabi National Oil Company (ADNOC) has awarded Italy’s Eni and Thailand’s PTT Exploration and Production (PTTEP) two offshore exploration blocks in a commercial bid round.
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ADNOC Selects Honeywell For Largest Maintenance Project
Thursday, 21st November 2019
The Abu Dhabi National Oil Company (ADNOC) signed a 10-year contract with Honeywell to drive improved asset and machinery management across the company’s upstream and downstream operations.
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ADNOC Expands Its Fleet
Monday, 18th November 2019
ADNOC acquired four new cutting-edge land rigs with a total value of over Dh 350 million, which will be added to the fleet in Q1 2020. ADNOC Drilling plans to acquire dozens of additional land, offshore, and island rigs by 2025.
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ADNOC Drills World’s Longest Well
Monday, 11th November 2019
Abu Dhabi National Oil Company (ADNOC) has successfully drilled one of the longest wells in the world on the Umm Al Anbar artificial island.
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ADNOC to Increase Strategic Partnerships
Thursday, 10th October 2019
The Abu Dhabi National Oil Company (ADNOC) is increasing its partnerships and investments in light of its new balanced smart growth strategy that aims to drive production and meet the world’s growing energy demand.
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Abu Dhabi to Combine Offshore Operations
Tuesday, 4th October 2016
Abu Dhabi National Oil Company is combining its two largest offshore ventures, the Zakum Development Company (Zadco) and the Abu Dhabi Marine Operating Company (Adma-Opco). -
Adnoc signs CNPC deal
Thursday, 19th January 2012
United Arab Emirates-owned Abu Dhabi National Oil Company has signed a deal with China National Petroleum Corporation to collaborate in upstream projects in undeveloped areas.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.97 | -0.25% |
Crude Oil (Brent) Brent | USD/bbl | 66.63 | -0.21% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +1.27% |
OPEC Basket Price | USD/bbl | 64.48 | +1.72% |
Last Modified April 19, 2021