Search result for Abu Dhabi National Oil Company
Two offshore contracts worth over $3.4 billion are won by ADNOC Drilling
The Abu Dhabi National Oil Company (ADNOC) has announced the award of two contracts to ADNOC Drilling for the hiring of eight offshore jack-up rigs to boost production capacity, totalling more than $3.4 billion (AED12.6 billion).
According to a statement released by ADNOC Offshore on Th...
Borouge's $2 billion investment The IPO in Abu Dhabi has attracted Asia's richest man
The United Arab Emirates (UAE) largest oil company and Borealis AG are planning an initial public offering (IPO) of their chemicals joint venture in Abu Dhabi, which is expected to be the emirate's largest-ever listing.
The IPO offer price for Borouge has been set at 2.45 dirhams pe...
ADNOC and Borealis will sell a 10% stake in their joint venture polymer giant Borouge to the public
On Wednesday, Abu Dhabi National Oil Company (ADNOC) and its long-time partner Borealis AG announced their plan to list 10% of Borouge plc, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX) in an initial public offering (IPO).
Subject to regulatory approvals...
Adnoc Awards the Largest Sum to the Most Competitive Oil Companies
Abu Dhabi National Oil Company (Adnoc) has agreed to award a sum of $1.94 billion to various companies that are domestic and international, in aim that it would furthher boost the growth, and would add to the drilling growth of the capacity of the oil production of Emirates.
On Thursday...
ADNOC Launches 3.6 billion Dollars in Electrification Plan
The Abu Dhabi National Oil Company (ADNOC) has collaborated with a utility firm, TAQA, to launch an electrification project worth 3.6 billion dollars to achieve its emission goals.
The two companies are planning the construction of a subsea cable that transmits cleaner energy to rid the...
ADNOC Doubling Optimization of Oil and Gas Resources through Virtual Hive
As far as communications from the oil and gas industry are concerned, Dr Sultan Al Jaber, chief executive of the state-owned Abu Dhabi National Oil Company (ADNOC), recently offered his colleagues a pretty compelling one.
"The age of technological transformation for the industry is...