The board of Santos, listed as STO on the ASX, has expressed its support for a $30 billion takeover bid from the Abu Dhabi National Oil Company (ADNOC), a prominent global oil and gas entity. This non-binding proposal is spearheaded by the XRG Consortium, which is the international investment arm of ADNOC, and includes the...
HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, the Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the Supreme Organising Committee for the Open Masters Games Abu Dhabi 2026, witnessed the signing of a sponsorship agreement between the event and the Abu Dhabi National Oil Company (ADNOC)....
ADNOC has broadened its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students in artificial intelligence (AI) and advanced technology. This initiative, named ‘STEM for Life: Future of AI Schools Challenge,’ held its finals today at the Abu Dhabi Energy Centre. Since its launch in January 2025, the Future of AI Schools...
ADNOC and Mitsubishi Heavy Industries today announced the signing of a strategic cooperation agreement aimed at exploring potential collaboration in building supply chains for low-carbon ammonia and hydrogen. This partnership seeks to leverage both companies’ expertise to develop these emerging markets on a global scale. Credit: ZAWYA The agreement highlights the commitment of ADNOC, the...
ADNOC has announced that its In-Country Value (ICV) Programme has successfully generated 17 000 job opportunities for Emirati talent in collaboration with its strategic partners in the private sector. This achievement highlights the significant impact and positive results of the programme since its inception in 2018. During the fourth edition of Make it in the...
ADNOC and Emirates Global Aluminium (EGA) have announced a significant five-year supply agreement valued at AED1.84 billion. This deal will facilitate the local supply of up to 1.5 million tonnes of calcined petroleum coke (petcoke), which is a crucial raw material for aluminium production. Credit: Abu Dhabi Media Office The agreement is expected to enhance...
The Abu Dhabi National Oil Company (ADNOC) has signed a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions. This collaboration aims to localize critical oilfield technology in Abu Dhabi, enhancing the region’s energy sector. Credit: Abu Dhabi Media Office This partnership is expected to significantly boost local capabilities in the oilfield...
In the first half of 2025, nearly 400 local suppliers, contractors, and service providers received contract awards from the Abu Dhabi National Oil Company valued at AED65.7 billion. This initiative aims to boost socioeconomic growth, empower businesses, and generate long-term value for the United Arab Emirates. As reported by MSN, Dr. Saleh Al Hashmi, the...
ADNOC has announced several significant agreements with major United States energy companies during the recent United Arab Emirates (UAE)-U.S. business dialogue, which included U.S. President Donald J. Trump. These agreements hold the potential to facilitate $60 billion in U.S. investments in UAE energy projects over their duration. Among these agreements is a landmark field development...
The United Arab Emirates has announced plans to increase its energy investments in the United States to a total of $440 billion over the next decade. This significant financial commitment was highlighted during a presentation by Sultan Al Jaber, the chief executive of Abu Dhabi National Oil Company (ADNOC), to U.S. President Donald Trump, who...