ADNOC | Egypt Oil & Gas - Part 21

Saudi Aramco Executive Details Downstream Plan

Saudi Aramco is looking to expand its investments in refining and petrochemicals to secure new markets for its crude, and has identified growth in chemical industries as strategic in combating the risk of a slowd ...

ADNOC to Reduce Crude Oil Allocations in July

Abu Dhabi National Oil Company (ADNOC) will cut crude oil allocations in July as a part of the OPEC agreement to slow production.

ADNOC, Ravago Sign MoU on Ruwais Refinery Cooperation

Abu Dhabi National Oil Company (ADNOC) and the Belgium-based Ravago Group have signed a Memorandum of Understanding (MoU) to “explore opportunities for cooperation” at the Ruwais Industrial Complex in the United A ...

ADNOC, Cepsa Agree Deal for Ruwais LAB Facility

Abu Dhabi National Oil Company (ADNOC) and Spain’s Cepsa have signed a project development agreement for a new linear alkylbenzene (LAB) facility in Abu Dhabi’s Ruwais refining and petrochemicals complex.

ADNOC to Invest $50B in Downstream Operations

Abu Dhabi National Oil Company (ADNOC) announced on May 13 plans to invest almost $50 billion over five years to develop its downstream business.

Egypt, UAE Discuss Oil, Gas

Egyptian Prime Minister Sherif Ismail met with Emirati Minister of State, Sultan Jaber, who is also the director general of the Abu Dhabi National Oil Company (ADNOC).

ADNOC, Austrian OMV Close $1.5B Offshore Deal

Abu Dhabi National Oil Company (ADNOC) has agreed the sale of two stakes in offshore blocks worth $1.5 billion to Austrian OMV.

ADNOC May Join Saudi Aramco in Downstream Venture

Abu Dhabi National Oil Co. (ADNOC) plans to spend more than $109 billion over the next five years, and is in talks with Saudi Aramco for possible downstream joint ventures abroad, with a focus on Asia.

ADNOC Launches Bidding for 6 Oil and Gas Blocks

Abu Dhabi National Oil Company (ADNOC) announced on April 10 the launch the company's first ever competitive exploration and production tender for six oil and gas blocks.

ADNOC, Samsung Sign Two Agreements Worth Over $3.5 B

Abu Dhabi National Oil Company (ADNOC) awarded two major contracts worth more than $3.5 billion to Korean Samsung Engineering through ADNOC Refining.

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