ADNOC | Egypt Oil & Gas - Part 18

ADNOC | Egypt Oil & Gas - Part 18

Meeting Energy Demand Needs $11 Trillion: ADNOC CEO

The long-term outlook for the global energy demand remains robust, according to the UAE Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC), Sultan Al-Jaber.

GIC Joins ADNOC Oil Pipelines Investors List

Abu Dhabi National Oil Company (ADNOC) has reportedly closed a $600-million pipeline infrastructure investment agreement with GIC, Singapore’s sovereign wealth fund.

ADNOC Launches Tenders for Hail, Ghasha Fields

Abu Dhabi National Oil Company (ADNOC) has asked interested and qualified companies to bid for a $10 billion acid development project in the Hail and Ghasha fields.

ADNOC Distribution Shares Certified Shariah-Compliant

The shares of ADNOC Distribution are now certified as shariah-compliant for the purpose of investment and trading.

ADNOC Announces Awarding $3.6 B Contracts

The Abu Dhabi National Oil Company (ADNOC) has awarded three contracts for the procurement of casing and tubing, with a combined scope of $3.6 billion.

ADNOC Acquires 10% Stake In VTTI

ADNOC announced that it has acquired a 10% stake in VTTI, a global energy storage terminal owner and operator, as part of its transformation vision to become a more integrated global energy player.

ADNOC Distribution to Enter India’s Lubricants Market

ADNOC Distribution, the UAE’s largest fuel retailer, will move forward with its plans to enter the Indian lubricants market during Q3 2019 as it seeks higher sales volumes.

ADNOC Distribution Profits Rise 4.3% in H1 2019

ADNOC Distribution, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), reported a 4.3% net profit increase during H1 2019 to around $319.4 million.

ENI, ADNOC Refining Set Up New Trading JV

Eni announced that it has acquired a 20% equity interest in ADNOC Refining, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), as part of a $3.24 billion strategic partnership agreement.

Singapore’s GIC to Invest $600 MM in ADNOC’s Pipelines

Abu Dhabi National Oil Company (ADNOC) announced that it has signed an investment agreement with Singapore's sovereign wealth fund (GIC).

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