ADNOC | Egypt Oil & Gas

ADNOC, TAQA Sign 27-Year Utilities Supply Deal

ADNOC and Abu Dhabi National Energy Company (TAQA) have signed a 27-year Utilities Purchase Agreement (UPA) to provide critical infrastructure and services to the TA’ZIZ Industrial Chemicals Zone in Ruwais Industr ...

XRG Expands US Footprint with Stake in Rio Grande LNG

XRG, ADNOC’s global investment subsidiary, has announced an agreement to acquire a 7.6% equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas from an acquisition vehicle owned by Global Infrastr ...

ADNOC approves FID for SARB Deep Gas project in Ghasha Concession

Abu Dhabi National Oil Company (ADNOC) has reached a final investment decision (FID) for the SARB Deep Gas development, a strategic offshore project within the Ghasha Concession aimed at expanding the UAE’s natura ...

ADNOC Secures $2Bn S.Korean Financing to Fund Sustainable Projects

Abu Dhabi National Oil Company (ADNOC) has signed a $2 billion (AED 7.34 billion) green financing agreement backed by the Korea Trade Insurance Corporation (K-SURE) to support the development of lower-carbon proje ...

ADNOC–Covestro Deal Gets Final Green Light in Germany

The Abu Dhabi National Oil Company (ADNOC), through its international investment company XRG P.J.S.C., announced on November 21 the receipt of the final outstanding regulatory approval needed for its €14.7 billion ...

EU Approves ADNOC’s €14.7 Bn Covestro Takeover

The European Commission (EU) has granted conditional approval for Abu Dhabi National Oil Company (ADNOC)’s landmark €14.7 billion acquisition of German plastics and chemicals manufacturer Covestro, Reuters reporte ...

ADNOC, SLB Launch AI Platform to Optimize Production, Reduce Downtime

ADNOC and SLB launched the AI-powered AiPSO platform at ADIPEC 2025 to optimize production and resolve field issues in minutes. The company plans to expand the AI solution to all onshore and offshore fields by 202 ...

KKR Acquires Minority Stake in ADNOC Gas Pipeline Assets

KKR, a leading global investment firm, has acquired a minority stake in ADNOC Gas Pipeline Assets LLC, deepening its partnership with the Abu Dhabi National Oil Company (ADNOC) and reinforcing its growth strategy ...

ADNOC to Provide IndianOil with LNG from Ruwais Project

ADNOC inked a 15-year Sales and Purchase Agreement (SPA) agreement with the Indian Oil Corporation Ltd (IndianOil), India’s leading integrated energy player, to deliver 1 million tons of liquefied natural gas (LNG ...

ADNOC-Led Consortium Gets More Time on $18.7bn Santos Bid

Australia's second-largest independent gas producer Santos has agreed to extend the exclusivity period for a $18.7 billion takeover bid from a consortium led by Abu Dhabi National Oil Company (ADNOC), according to ...

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