Tag: ADNOC

Business

ADNOC Drilling completes acquisition of ‘MB Petroleum Services’ joint venture

the financial -
ADNOC Drilling Company announced the completion of its transaction to acquire an 80 percent stake of MB Petroleum Services (MBPS), a drilling and oilfield...
Business

Adnoc Drilling shareholders approve $1 billion dividend

the financial -
The approvals cap a record year in which Adnoc Drilling posted $4.9 billion in revenue up 22 per cent from 2024—and net profit of...
Business

ADNOC Drilling’s Enersol to acquire Deep Well Services

the financial -
ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol has agreed to acquire a 95% equity stake in Deep...
Business

Adnoc Distribution reports record fuel volumes, Ebitda for first nine months of 2024

the financial -
Adnoc Distribution on Thursday reported its highest nine-month earnings before interest, taxes, depreciation and amortisation (Ebitda) of $790 million (Dh2.90 billion) and underlying Ebitda...
Business

Adnoc, Osaka Gas sign long-term deal for LNG delivery

the financial -
Abu Dhabi National Oil Company said on Tuesday that it has signed a long-term heads of agreement with Osaka Gas, one of the largest...
Business

Adnoc sells 40% stake in Ruwais LNG project to international firms

the financial -
Shell, BP, TotalEnergies and Japan's Mitsui have each agreed to invest in a 10 per cent stake in Abu Dhabi National Oil Company's (Adnoc)...
Business

UAE’s flagship Murban crude oil trades at record levels during Q2

the financial -
Abu Dhabi: Intercontinental Exchange, Inc., today announced record trading activity in Murban crude during the second quarter of 2024.
 ICE Futures Abu Dhabi (IFAD) and...
Uncategorized

ADNOC’s more than 30 AI tools unlock significant value across Group’s full value chain: Ibrahim Al-Zubi

the financial -
Ibrahim Al-Zubi, Group Chief Sustainability & ESG Officer at ADNOC Group, said that ADNOC Group has been an early adopter of artificial intelligence (AI)...
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The Abu Dhabi Securities Exchange (ADX) Group announced that...

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