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We are the largest offshore oil and gas producer in the UAE, accounting for about half of Abu Dhabi’s total oil production capacity, with operations across nine established fields, six artificial islands, three natural islands, eight offshore super complexes and over 400 offshore structures.
The Abu Dhabi National Oil Company (Arabic: شركة بترول أبو ظبي الوطنية), known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE). It is the world's 12th largest oil company by production.
Aug 15, 2021 · As more oil fields were discovered and revenues from oil production started to grow, ADNOC came into being in 1971 as the Abu Dhabi National Oil Company - ADNOC - under the mandate of Sheikh...
In 2023, ADNOC has allocated an initial $15 billion over the next five years to advance lower-carbon solutions to achieve net zero by 2045. In May 2023, the company announced a low-carbon LNG growth project in Al Ruwais Industrial City in Abu Dhabi.
Dec 1, 2021 · The board of the Abu Dhabi National Oil Company, under the chairmanship of Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, approved plans to spend Dh466 billion ($127bn) between 2022 and 2026, of which Dh160bn will be directed towards the local economy by the state energy producer.
Aug 9, 2023 · The Abu Dhabi National Oil Company has amassed a nearly 50-strong team of dealmakers and is pursuing roughly $50bn in transactions as part of a push to diversify its business and expand abroad.
Jan 26, 2022 · Abu Dhabi National Oil Company retained its position as the top brand in the UAE for the fourth consecutive year as its group chief executive Dr Sultan Al Jaber was named top oil and gas executive in the world.
