Global energy technology company announced that its OneSubsea joint venture has completed the acquisition of the subsea business of Norway-based Envirex Group (Envirex).
Edge and Adnoc have signed a Memorandum of Understanding (MoU) under which Edge will deliver capability development training to Adnoc employees through Bridge's advanced training and support programmes.
Mubadala Investment Company today announced a $325 million investment in Ørsted’s Hornsea 3, which, once completed, will be the world’s single largest offshore wind farm, located off the Norfolk coast in the United Kingdom.
ADNOC Gas reported $1.1 billion net income in Q1 2026, demonstrating strong operational and financial performance despite regional uncertainty, energy-sector disruption, and maritime challenges affecting movements through the Strait of Hormuz.
AI is rapidly increasing global electricity demand, with data centres scaling to gigawatt levels. Africa faces a mismatch between rising AI-driven needs and incremental energy planning, requiring more reliable, large-scale, integrated power infrastructure development.
Adnoc is accelerating Ruwais’ industrial transformation through AED200 billion ($55 billion) in planned project awards for 2026-2028, expanding downstream investments, strengthening In-Country Value, and supporting the UAE’s Make it in the Emirates industrial growth initiative.
ADNOC Drilling, a key unit of Abu Dhabi National Oil Company (ADNOC), has reported its strongest-ever first-quarter earnings, with a revenue of $1.23 billion, up 5% year-on-year, and a net profit of $347 million, backed by high fleet utilisation and growth in integrated drilling services.
Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a usufruct agreement with Korean EV technology company EL B&T to establish an electric vehicle and battery cell production project in Duqm’s special economic zone, with investments estimated at $250 million.
Oman Sustainability Week (OSW) and the Oman Petroleum and Energy Show (OPES) will take place from May 18 to 20, 2026 at the Oman Convention and Exhibition Centre in Muscat, under the patronage of the Ministry of Energy and Minerals.
STATS Group has entered a strategic partnership with Patriot International to distribute its mechanical pipe connectors and localised hydrostatic weld testing tools across six European markets: the Netherlands, Belgium, France, Germany, Luxembourg, and Spain.
