ADNOC Gas makes $13bn LNG commitment
ADNOC Gas is to invest $13 billion in domestic and international opportunities in the next five years and aims to more than double its liquefied natural gas (LNG) production capacity by 2028.
ADNOC Gas is to invest $13 billion in domestic and international opportunities in the next five years and aims to more than double its liquefied natural gas (LNG) production capacity by 2028.
On Wednesday (March 27), ADNOC announced the start of crude oil production from its Belbazem offshore block.
Gulf Cooperation Council (GCC) project contracts doubled to $209bn in 2023, according to MEED data.
Global consulting and engineering company Wood has recorded milestone growth in the Middle East region having secured $850m in contract wins over the last 12 months.
ADNOC’s board has increased its decarbonisation and low-carbon solutions budget allocation to $23bn (AED84.4bn).
Geographically and strategically central, here we profile the outlook for the energy-rich MENA region, which is something of a litmus test for the pace of the wider global energy transition.
ADNOC has bought a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects.
Taking place between 30th November – 12th December, the UN’s 28th Conference of Parties – or COP28 – provides an opportunity for the global community to accelerate the adoption of renewable energy while focusing on phasing out...
UAE-based clean energy company Masdar has signed an agreement with Malaysian Investment Development Authority (MIDA) to invest $8bn for up to ten gigawatts (GW) of renewable energy projects.
Energy and petrochemicals group ADNOC has signed a deal with international energy company Occidental to study the potential of constructing the first megaton-scale direct air capture (DAC) outside the US.