ADNOC | Egypt Oil & Gas - Part 10

ADNOC, ICF Update Murban Futures Contract

The Abu Dhabi National Oil Company (ADNOC) and Intercontinental Exchange (ICE) announced the update of the Murban Crude Oil futures.

SFE Widens Scope for Wataniya Buyers

The Sovereign Fund of Egypt (SFE) is expanding to franchisers as potential buyers for 80-90% of military-owned Wataniya Petroleum, CEO Ayman Soliman, stated.

ADNOC Achieves $1.1 B in Digitalization

The Abu Dhabi National Oil Company (ADNOC), announced that its Thamama Centre of Excellence achieved $1.1 billion in advanced technology and digitalization since its launched in 2017 to respond rapidly to market t ...

ADNOC Awards Cosmo Offshore Exploration Concession in Abu Dhabi

The Abu Dhabi National Oil Company (ADNOC) company has signed an exploration concession agreement with Cosmo Albahariya Limited company, a subsidiary of Cosmo Energy Holdings Co, allowing Cosmo to do exploration a ...

ADNOC, ADPF Sign Partnership for Real Estate Investment

The Abu Dhabi National Oil Company (ADNOC), announced that it has signed a partnership with Abu Dhabi Pension Fund (ADPF), for a strategic real estate investment.

Mubadala, ADNOC, ADQ Sign MoU for Establishing Abu Dhabi Hydrogen Alliance

Mubadala Investment company (Mubadala), the Abu Dhabi National Oil Company (ADNOC), and ADQ Holding company announced that they are signed a Memorandum of Understanding (MoU) to establish Abu Dhabi Hydrogen Allian ...

UAE Awards Eni 70% of Offshore Block 3

Eni acquired a 70% stake in the exploration offshore block 3 in Abu Dhabi where Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) acquired the remaining 30% stake.

ADNOC to Boost In-Country-Value to Support Economic Growth in UAE

Abu Dhabi National Oil Company (ADNOC) announced that it will boost in-country- value (ICV) to the UAE to support post- Covid economic growth through its ICV program.

ADNOC, ExxonMobil Sign Technology R&D Agreement

The Abu Dhabi National Oil Company (ADNOC) has signed with ExxonMobil to jointly explore technology research and development (R&D) opportunities through the upstream oil and gas value chain.

ADNOC Launches AGT for Trading Refined Products

The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15% respe ...

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