ADNOC | Egypt Oil & Gas - Part 28

ADNOC, Vitol Signed 10-Year LPG Agreement

The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000t/y of liquefied petroleum gas (LPG), to Vitol over the next t...

ADNOC to Expand in Petchem, Offshore Technology

The state-owned Abu Dhabi National Oil Company’s (ADNOC) CEO, Sultan Al Jaber, declared that the company plans to almost triple its petrochemical production to an annual 11.4mt from 4.5mt by 2025, reported Reute...

Abu Dhabi’s ADNOC Cuts 5,000 Jobs

Abu Dhabi’s state-owned National Oil Co, ADNOC, plans to cut 5,000 jobs by the end of the year, and 2,000 of the lay-offs have already been carried out, Reuters reported. ADNOC, which has roughly 55,000 staff, i...

EGPC, ADNOC Negotiating Fuel Shipments and Payments

The EGPC is currently in negotiations with Abu Dhabi National Oil Company (ADNOC) for shipments of petroleum products and payment facilitations, Daily News Egypt reports. An official told the paper that the negotiatio...

Undaunted by Oil Prices, UAE Cuts Costs, Registers New Firms

Reuters reported that Abu Dhabi National Oil Company (ADNOC) is looking to take advantage of market conditions and bring down the operating cost of its projects by 25%, said Ali Khalifa al-Shamsi, ADNOC’s strate...

Egypt to Get 65% of its Petroleum Products from ADNOC

State-run Abu Dhabi National Oil Company (ADNOC) will start monthly deliveries of $400m of petroleum products to Egypt from next week until the end of October, a source at the state-owned Egyptian General Petroleum Co...

Adnoc Selects Shell to Operate Bab Gas Field

Abu Dhabi National Oil Co., or Adnoc, has selected Royal Dutch Shell PLC to operate the strategically important Bab sour-gas field, the International Oil Daily reported Tuesday, citing industry sources. The company ha...

OMV, Wintershall in Adnoc sour gas pact

Germany’s Wintershall and OMV of Austria have teamed up with Abu Dhabi National Oil Company (Adnoc) to sink appraisal wells at a sour gas play in UAE. The first two are to conduct an appraisal drilling campaign ...

Adnoc signs CNPC deal

United Arab Emirates-owned Abu Dhabi National Oil Company has signed a deal with China National Petroleum Corporation to collaborate in upstream projects in undeveloped areas. CNPC will conduct technical and economic ...

ADNOC, ConocoPhillips Issue Tenders for $10B Shah Gas Devt

Abu Dhabi National Oil Co. and ConocoPhillips (COP) have invited bids for four contracts on the estimated $10 billion Shah sour gas field development, which is set to help Abu Dhabi meet rising gas demand, Adnoc’...

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