Shell, TotalEnergies in talks for stakes in Adnoc LNG plant
Adnoc is expected to make a final investment decision on the Ruwais LNG export project as soon as next month.
ADNOC
World’s oil and gas firms linked to 40% of CO2 emissions since 2016
A new report has revealed the world's oil and gas firms have contributed to more than 40% of global carbon dioxide (CO2) emissions since the Paris climate agreements.
BP farms out Egypt stakes to Adnoc in JV deal
"Building on our long-standing strategic partnership with BP, Adnoc looks forward to continue exploring other opportunities as we collectively seek to decarbonise our operations and lead a just and equitable energy transition.”
Time to light up Adnoc’s offshore operations
The project “highlights our commitment to providing our customers with innovative solutions for reliable and low carbon energy”, Buffon said.
BlackRock strikes for GIP in $12.5bn deal
“Policymakers are only just beginning to implement once-in-a-generation financial incentives for new infrastructure technologies and projects."
Adnoc signs first Ruwais LNG sale
“This landmark LNG agreement from our ongoing Ruwais LNG project enhances Adnoc’s position as a reliable and responsible global energy provider and creates new opportunities for value-creation across our gas value chain as natural gas demand continues to increase,” said Rashid Khalfan Al Mazrouei, Adnoc senior vice president of marketing.
Adnoc strikes for Fertiglobe stake with $3.62bn deal
Fertiglobe is now the “world’s largest seaborne exporter of ammonia and urea fertilisers. Today’s agreement reinforces Adnoc’s long-term commitment to Fertiglobe and our continued focus on delivering growth and maximising value for the company’s shareholders.”
Adnoc weighs takeover of $5bn chemical producer OCI
OCI said in November it had hired advisers to explore asset monetization opportunities in an attempt to reduce its holding company discount. It said at the time it was in “active discussions” on “attractive value propositions.”
Using seawater and rocks, 44.01 launches Fujairah CO2 project
"This project is a significant scale-up for our technology and the integration of seawater can play a key role in helping us deploy our technology sustainably around the world,” said 44.01 founder and CEO Talal Hasan.
UAE uses COP28 to push Adnoc, Masdar agenda
The briefing pack on the various countries often reiterated one point. “There is no conflict between sustainable development of any country’s natural resources and its commitment to climate change.”
Santos signs carbon study plans with Adnoc, Tokyo Gas
Adnoc and Santos signed a strategic collaboration agreement, raising the possibility of the two working together on a “joint global carbon management platform”. It would focus on the needs of customers in the Asia-Pacific.
Middle East sets eyes on scaling up CCS
“Decarbonising production here is critical for those key demand centres of India and China,” KBR’s Blackburn said. The Middle East, given the region’s productive capacity, will be “the ones that lead the way, for sure”.
ADNOC awards £14 billion of contracts for largest ever gas project
ADNOC has announced a final investment decision (FID) on the Hail and Ghasha development, its largest ever gas development.
Aberdeen firm makes finals of ADNOC decarbonisation challenge
Winners are eligible to receive up to $1m in piloting opportunities with the UAE oil firm.
Adnoc targets EV battery reuse to power drilling
“The compact nature of the system will allow for convenient deployment to remote locations, helping Adnoc to cut emissions from its off-grid production activities,” said Power I.D.’s founder Naser Abu Daqqa.
Adnoc plans industrial-scale DAC with Oxy
“This joint investment in the proposed first megatonne [DAC] facility in the region exemplifies Adnoc’s commitment to leverage partnerships and promising technology to accelerate our decarbonisation journey on the way to net zero by 2045.”
Al Jaber opens Adipec with call to deliver
“This is the year to show the world you are central to the solution. This industry can change the global debate and can change the global outcome,” Al Jaber said.
UAE oil giant doubles carbon capture target ahead of COP summit
The United Arab Emirates’ biggest oil producer is doubling its carbon-capture target as the company works toward a net-zero goal and looks to burnish its green credentials before the UN’s main climate summit.
The danger and the tool: decarbonising gas and LNG
By creating and offering a full suite of carbon management solutions, major gas producers and exporters can create demand without fears of “locking-in” emissions or building “stranded assets”.
Adnoc takes FID on major CCS project
“This landmark project, is one of many tangible initiatives that Adnoc is delivering as we accelerate our decarbonisation plan to meet our Net Zero by 2045 ambition.”
Adnoc makes first major global gas deal with Azeri buy
The biggest oil producer in the United Arab Emirates is buying a stake in a natural gas field in Azerbaijan, marking the company’s first major international purchase of upstream hydrocarbon assets.
Capterio calls on UAE to build bridge to zero flares
“We need to have the right engagement with difficult to engage countries,” Davis explained. “We have to engage the other half and try new approaches.”
Occidental, Adnoc agree to review carbon capture investments
Occidental Petroleum has agreed to partner with the top oil producer in the United Arab Emirates to explore investment in the US and overseas for giant plants that suck carbon dioxide out of the sky.
Adnoc drills world first carbonate saline aquifer CCS well
The company already operates the Al Reyadah carbon capture and storage (CCS) facility, which has 800,000 tpy of capacity.
Adnoc begins building first high-speed hydrogen fuel station
“Through this pilot programme, we will gather important data on how hydrogen transportation technology performs as we continue to develop the UAE’s hydrogen infrastructure.”