UAE
News
June 11, 2025
ADNOC is evaluating whether it can buy some of bp Plc’s key assets should the embattled British firm decide to break itself up or come under pressure to divest more units, according to people with knowledge of the matter.
News
June 10, 2025
ADNOC Gas has reached final investment decision (FID) and awarded $5 billion in contracts for the first phase of its Rich Gas Development (RGD) Project, marking a key milestone in the company’s largest-ever capital investment.
News
May 19, 2025
The agreement grants ADNOC perpetual and exclusive rights to utilize Tubacex’s Sentinel Prime premium tubular joint connection technology, which is critical for completing oil and gas wells while reducing costs and ensuring supply chain resilience.
News
May 19, 2025
The United Arab Emirates and Exxon Mobil Corp. have agreed to expand the nation’s oil production capacity, ADNOC said in a statement Friday. Under the agreement, ADNOC will work with Exxon to boost capacity at the offshore Upper Zakum field.
News
May 16, 2025
EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA).
News
May 09, 2025
The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million, as it expands in technology and hardware to bolster growth.
News
May 08, 2025
ADNOC Drilling has announced strong financial results for the first quarter of 2025, building on its growth trajectory with a focus on strategic investments in fleet expansion, integrated services, AI and global expansion.
News
May 05, 2025
ADNOC Gas has announced net income of $1.27 billion for Q1 2025, attributing the strong performance to continued demand for domestic gas - up on the equivalent quarter last year - as a result of strong economic growth in the UAE.
News
April 22, 2025
Mexican industrial valve manufacturer Walworth opened its new production plant in Dubai, UAE, a key strategic step to strengthen its presence in the Middle East and significantly improve its supply chain in the region.
News
April 11, 2025
The UAE’s recent investments in Mozambique and Egypt highlight its expanding role in Africa’s energy sector, positioning it as the continent’s largest investor and a key partner in driving future growth.
News
April 08, 2025
AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector, has entered a Strategic Collaboration Agreement with Gulf Energy Information (Gulf) to enhance the development of ENERGYai by integrating Gulf’s vast energy sector data assets with AIQ’s advanced AI capabilities.
News
March 26, 2025
Baker Hughes announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the company’s Margham Gas storage project.
Article
March 2025
This article presents a unique experience where logging-while-drilling data could be streamed with high quality in real time, in a record-length extended-reach well drilled through complex carbonate reservoirs with deployment of an advanced new solution.
News
March 07, 2025
ADNOC is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the matter. CEO Sultan Al Jaber is set to outline the investment strategy, including a U.S. focus, during a speech at the CERAWeek by S&P Global energy conference in Houston on Tuesday.
News
February 27, 2025
TWMA* has officially broken ground on its latest facility in Habshan, Abu Dhabi. The milestone marks the beginning of construction for the world’s most advanced, self-sustainable drilling waste management site.
News
February 13, 2025
ADNOC Drilling announced record financial results for both Q4 and full-year 2024, with Q4 revenue growing 41% year-over-year, and full-year revenue increasing 32% y-o-y. ADNOC attributes the success to its expansion of onshore and offshore fleets, and its oilfield services (OFS) segment.
News
February 12, 2025
ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) to India’s largest integrated and diversified energy company.
News
February 06, 2025
ADNOC Gas has announced record earnings for the full year (FY) 2024 of $5 billion, and its highest quarterly income of $1.38 billion since its IPO. The robust improvement was driven by several factors including a richer mix of gas, producing more liquids, and improved commercial terms in the domestic market.
News
February 04, 2025
(Bloomberg) – ADNOC will transfer stakes in some U.S. assets to its new international investment firm, XRG PJSC. ADNOC's holdings in a hydrogen venture with Exxon Mobil Corp. and NextDecade Corp.’s LNG export project will move to XRG, according to CEO Sultan Al Jaber.
News
January 28, 2025
ADNOC Logistics and Services (ADNOC L&S) has joined with an Abu Dhabi seaglider operator to introduce REGENT seagliders into its fleet. ADNOC L&S will use the all-electric seagliders to transport people to and from offshore oil and gas infrastructure.
News
January 22, 2025
SandboxAQ announced it has signed an agreement with Aramco to collaborate on developing a multi-GPU enabled differentiable computational fluid dynamics solver for application in oil and gas processing facilities.
