Adnoc has been named the first Emirati brand to enter the Top 100 most valuable global brands and retained its position as the UAE's most valuable brand for an eighth consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation consultancy.
McDermott International is set to secure multiple offshore engineering, procurement and construction (EPC) contracts from Abu Dhabi National Oil Company (Adnoc), with a combined value estimated at up to $1.5 billion. These awards are linked to ADNOC’s ongoing offshore oil and gas expansion programme and reinforce McDermott’s strong positioning in the Middle East offshore EPC market.
