Adnoc has signed a 15-year Sales and Purchase Agreement (SPA) with Japan’s largest exploration and production company, Inpex Corporation, to supply 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from its Ruwais LNG project.
Adnoc has launched a global LNG marketing and trading platform in Abu Dhabi Global Market (ADGM), integrating Adnoc Gas, XRG and Adnoc Trading to strengthen operations. The platform boosts flexibility, shipping optionality and customer access, supporting LNG expansion including the Ruwais project.
TA’ZIZ, a joint venture between ADNOC and ADQ, has announced the launch of a joint feasibility study with Covestro and XRG to assess the development of a world-scale methylene diphenyl diisocyanate (MDI) plant at the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi.
Abu Dhabi National Oil Co (ADNOC) has resumed exports of naphtha in May via the Omani port of Sohar, a Reuters report said quoting traders.
The Supreme Council for Financial and Economic Affairs has awarded the Bab Gas Cap concession to Adnoc and international partners. The project, the world’s largest gas cap development, is expected to produce 1.5 billion cubic feet of natural gas daily.
The UAE Ministry of Industry and Advanced Technology (MoIAT), Emirates Development Bank (EDB), and ADNOC have signed a memorandum of understanding, making ADNOC the first partner to support the UAE Cabinet's newly announced AED1 billion National Industrial Resilience Fund (NIRF).
The UAE-based TA’ZIZ, a joint venture between ADNOC and ADQ, has signed long-term agreements spanning offtake, feedstock and sales across its chemicals portfolio valued at $28.5 billion (AED104.6 billion).
Several ships were hit by suspected Iranian missiles and drones in the Strait of Hormuz on Monday and a UAE oil complex was set on fire. This follows the launch of Project Freedom by US military to end the blockade of the shipping route.
Adnoc launched its Industrial Resilience Programme at the ‘Make it in the Emirates’ forum, unveiling five initiatives to strengthen UAE supply chains, boost local manufacturing, enhance business continuity and build sustainable industrial capacity across sectors.
Adnoc has confirmed it is accelerating growth and delivery of its strategy with AED200 billion ($55 billion) in new project awards for 2026-2028. The planned project awards reinforce delivery of Adnoc’s five-year capital expenditure (Capex) plan approved by its Board of Directors last year.
