ADNOC

NEWS DESK

Ministry of Economy signs MoU with ADNOC to integrate data and enhance digital transformation

News Desk 1 06/12/2024 0

As part of its efforts to enhance the digital transformation of the National Economic Registry (‘Growth’ platform) and to broaden its partner base, the Ministry of Economy signed a memorandum of understanding (MoU) with ADNOC, the leading national company in energy production. The partnership

NEWS DESK

IGIC UAE 2024 Concludes with Groundbreaking Insights in Geotechnical Engineering

News Desk 1 01/11/2024 0

The International Geotechnical Innovation Conference (IGIC UAE) 2024 wrapped up a successful two-day event at Le Méridien Dubai Hotel & Conference Centre, where industry leaders, academics, and geotechnical experts gathered to explore transformative advancements in the field. The conference, led by Dr. Ala Sainak, ADNOC’s Geotechnical Lead, provided a robust

NEWS DESK

First Water-from-Air Bottles Now Available at ADNOC and Union Coop stores in UAE

News Desk 1 30/08/2024

Ma Hawa, an Emirati brand owned by Baynunah Watergeneration Technologies SP LLC, producing sustainable Water-from-Air hydration solutions, is thrilled to announce the launch of its groundbreaking sustainable drinking water bottles in the UAE, available at ADNOC and Union Coop. This strategic stem marks a significant step forward, providing consumers with a convenient,

NEWS DESK

AIQ deploys SMARTi Intelligent Operational Safety Monitoring solution

News Desk 1 19/08/2024

AIQ, the Abu Dhabi-based AI champion delivering transformative solutions to the energy sector, today announced the successful deployment of its SMARTi Intelligent Operational Safety Monitoring solution on board 86 vessels of ADNOC Logistics and Services (ADNOC L&S). SMARTi utilizes AI algorithms to analyze video streams in real-time, performing more than 1 billion

Markets Oil & Gas

ADNOC Acquires 10% Stake In Mozambique’s LNG Development

Arnold Pinto 25/05/2024 0

Area 4 Concession Features Significant Projects Abu Dhabi National Oil Company (ADNOC) has made its first-ever LNG investment in Mozambique. The acquisition involves a 10% equity stake in the Area 4 concession within Mozambique’s Rovuma basin from Portuguese multinational energy corporation Galp. The investment diversifies Abu Dhabi-based ADNOC’s portfolio and

NEWS DESK

Presight partners with ADNOC and acquires AIQ to turbocharge the energy sector and drive revenue

News Desk 2 07/05/2024

Presight (ADX: PRESIGHT), the region’s leading big data analytics company powered by generative AI, recently announced its acquisition of a controlling stake in AIQ, the AI for Energy joint venture established in 2020 by ADNOC and G42. The agreement will leverage ADNOC’s global leading position as a national oil and gas company; combining AIQ’s breakthrough […]

NEWS DESK

ADNOC, G42 and Presight Partner to Accelerate AI Solutions for the Energy Sector

News Desk 2 02/05/2024

ADNOC, G42 and Presight AI Holding PLC (‘Presight’), an ADX publicly listed company, today announced a new shareholding structure for AIQ. Under the agreement, Artificial Intelligence (AI) and Big Data Analytics leader Presight will acquire a 51% stake in AIQ with ADNOC retaining a 49% shareholding (previously G42 40%, ADNOC 60%). AIQ will continue as […]

NEWS DESK

ADNOC Drilling Receives Shareholder Approval for $358 Million Final 2023 Dividend 

News Desk 1 14/03/2024

ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) confirms shareholder approval of all agenda items at its Annual General Assembly Meeting, including distribution of its highly attractive final cash dividend for the year ending December 31, 2023. Commenting on the announcement, Abdulrahman Abdulla Al Seiari,

Automotive GCC Transport UAE

ADNOC unveils ‘H2GO’ station to examine viability of hydrogen-powered vehicles in UAE

Arnold Pinto 29/11/2023 0

Pilot station creates green hydrogen from water Abu Dhabi National Oil Company (ADNOC) has launched ‘H2GO’, the Middle East region’s first high-speed green hydrogen pilot refuelling station, to gather data on the long-term viability of hydrogen vehicles in the UAE by evaluating zero-emission hydrogen-powered vehicles. The pilot station was opened ahead of the UAE hosting

Oil & Gas Business

ADIPEC 2023 to highlight why global energy transition is a priority

Arnold Pinto 29/09/2023 0

Net-zero aspirations will be a crucial focus at the 4-day event ADIPEC 2023 – the world’s largest and most inclusive event for the energy sector – is set to witness the in-person participation of 160+ federal government ministers and energy sector executives from across the globe when the show is held from October 2-5, 2023, […]

Oil & Gas Events

Names of the 21 finalists for ADIPEC Awards 2023 announced

Arnold Pinto 14/09/2023 0

A record 1,072 entries from 78 countries have been submitted ADIPEC, the world’s largest platform for the energy value chain, has announced the names of the 21 finalists – originating from the Middle East, Europe, Asia, and the Americas – for the ADIPEC Awards 2023. The ADIPEC Awards, now in its 13th year, cater to the […]

Sustainability GCC Lifestyle Oil & Gas UAE

ADNOC to develop Habshan CO2 capture project in Abu Dhabi

Arnold Pinto 07/09/2023 0

The project will store 1.5 mtpa of carbon dioxide deep underground Abu Dhabi National Oil Company (ADNOC), the leading global energy producer, will develop the Habshan carbon capture project, one of the most significant projects in the Middle East and North Africa (MENA) region. The Abu Dhabi-headquartered company made the announcement on September 6, 2023. […]

Tech

NPCC joint venture receives AED13-billion contract from Adnoc Gas

Middle East News 247 11/08/2023

The National Petroleum Construction Company (NPCC), a subsidiary of the National Marine Dredging Group (NMDC Group), in partnership with Técnicas Reunidas (NPCC TR JV), has received an award for the Methane Recovery and Maximization (MERAM) project from Adnoc Gas. The project is valued at AED13 billion, to be shared by the two parties, led by […]

Business GCC UAE

UAE’s in-country value projects driving billions to local firms

Middle East News 247 02/06/2023

Abu Dhabi, United Arab of Emirates — More than $27.23 billion has been redirected to the local economy since the UAE Ministry of Industry and Advanced Technology (MoIAT) and ADNOC launched major in-country value programs to support domestic industries. Speaking at the Make in the Emirates Forum today, His Excellency Abdulla Al Shamsi, Assistant Undersecretary […]

NEWS DESK

Capital Health Screening Centre to operate ADNOC occupational medical center  

News Desk 2 09/02/2023

Abu Dhabi, UAE; February 09, 2023: Capital Health Screening Centre (CHSC), a Mubadala Health partner, has signed an agreement with ADNOC to provide occupational and visa medical services for its employees. The exclusive facility, located in Abu Dhabi, builds on CHSC’s extensive experience in providing a wide range of medical screening services to individuals and […]