ADNOC

News

‘ADNOC Distribution’ Approves $350 million Interim Cash Dividend for H1

ADNOC Distribution today announced that the Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for…

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Technology

ADNOC Deploys AI-Enabled Process Optimisation Technology

ADNOC announced today the deployment of an industry-leading artificial intelligence (AI)-enabled process optimisation technology. Neuron 5, developed by the company,…

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Business

ADNOC’s ICV Programme Continues to Drive Local, Foreign Industrial Investment

As part of its commitment to drive the UAE’s industrial sector, ADNOC has enabled the establishment of eight UAE-based and…

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Technology

AIQ Deploys SMARTi Intelligent Operational Safety Monitoring Solution on ADNOC L&S Vessels 

AIQ, the Abu Dhabi-based AI champion delivering transformative solutions to the energy sector, today announced the successful deployment of its…

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News

ADNOC L&S Announces 31% Increase in Net Profit in H1 2024

ADNOC Logistics and Services today announced its second quarter and first half 2024 financial results. During H1 2024, ADNOC L&S…

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News

ADNOC Drilling Reports $570 Million Net Profit in H1-24

ADNOC Drilling Company today announced record financial results for the second quarter and first half of 2024. The company’s net…

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Business

ADNOC Drilling Confirms New Enhanced Dividend Policy with Minimum 10% Annual Growth for 5 years

ADNOC Drilling Company has announced shareholder approval of new progressive dividend policy at its General Shareholder Meeting. The policy will…

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Business

NMDC Energy, Technip Energies, JGC Awarded Major Contract worth US$5.5 Billion for ADNOC’s Ruwais LNG Project

NMDC Energy, in partnership with Technip Energies and JGC Corporation, have been awarded a contract worth US$5.5 billion by ADNOC…

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Business

ADNOC Fully Redeems Exchangeable Bonds in ‘ADNOC Distribution’

 Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) confirmed that it has redeemed in full its US Dollar-denominated senior unsecured…

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Business

ADNOC Announces Intention to Float 4% Minority Stake in ADNOC Gas on ADX

ADNOC has announced its intention to float a 4% minority stake in ADNOC Gas, its world-class gas processing, operations and…

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