Abu Dhabi National Oil Company (ADNOC) is closing in on the syndication of a $6 billion loan, sources told Reuters. The loan will mature in two tranches. The first tranche will mature after three years and the second ...
The UAE will make further oil-production cuts in November to bring its output in line with its commitment under the production-cut agreement between OPEC and major, non-OPEC oil producers, Gulf News reports. “November...
Abu Dhabi National Oil Company (ADNOC) is considering a public listing of more than 10% of ADNOC Distribution, Reuters reports. The listing could occur by early 2018. The company might also list additional businesses ...
Abu Dhabi National Oil Company (ADNOC) will cut its crude oil output in October by 10%, Zawya reports. “In line with UAE’s OPEC commitments, ADNOC has informed customers of its crude oil nomination cut for October,” t...
KBR will provide project management services for the Front End Engineering Design (FEED) phase of Abu Dhabi’s Hail & Ghasha Development project, Egypt Oil & Gas reports. The company will provide consulta...
Abu Dhabi National Oil Company (ADNOC) is in talks with potential partners for an offshore concession area that is currently operated by Abu Dhabi Maine Operating Company (ADMA-OPCO), Egypt Oil & Gas reports. ADMA...
Abu Dhabi National Oil Company (ADNOC) has signed an agreement with the Australian company Borealis to develop two petrochemical projects in Ruwais, Gulf News reported. The two parties will collaborate in the construc...
Abu Dhabi National Oil Company (ADNOC) announced the expansion of its partnership model to span its value chain, in addition to activating the management of its portfolio of assets, according to ADNOC’s press re...
The United Arab Emirates is cutting back supplies to customers in June, in line with its plan to follow the Organization of Petroleum Exporting Countries’ agreement to reduce production, Bloomberg reported. Acco...
ADNOC Distribution is advancing its mission to offer alternative low-emissions fuels through its plan to construct the Arabian Gulf’s largest natural gas for vehicles (NGV) service station in Mahawi on the Abu Dhabi-A...