UAE’s NMDC Energy, previously known as National Petroleum Construction Company, is making a significant move into the offshore wind sector with plans to invest $500 million in a specialized offshore vessel. This marks a major shift for the company, which has traditionally focused on oil and gas projects. Speaking to The National, Ahmed Al Dhaheri,...
ADNOC Gas plc has announced the signing of a significant three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd., valued at $450 million (AED 1.653 billion). This agreement solidifies ADNOC Gas’ status as a reliable supplier of clean energy and addresses Japan’s energy needs. The LNG will be sourced from ADNOC...
ADNOC Gas plc and its subsidiaries have established a significant long-term strategic partnership with the Emirates Water and Electricity Company (EWEC) to bolster the UAE’s energy transformation. This landmark agreement includes a 10-year flexible natural gas sales and purchase contract between ADNOC Gas Facilities LLC and EWEC, valued at $10 billion. The announcement was made...