Adnoc Commits $920 Million to AI Program Expansion
by Abu Dhabi National Oil Company (Adnoc) has signed a landmark agreement worth $920 million to enhance its artificial intelligence (AI) initiatives across an extensive network …
Tag: ADNOC
Covestro Likely to Recommend ADNOC Offer, Adjusts Profit Target
Covestro AG, the German polymer giant, appears set to endorse a takeover bid from Abu Dhabi National Oil Company (ADNOC) following an extensive review of …
ADNOC Drilling Reports 30% Surge in Third Quarter Profit
ADNOC Drilling, a subsidiary of the Abu Dhabi National Oil Company, has reported a remarkable 30% increase in its net profit for the third quarter …
ADNOC Increases Share in Fertiglobe for Ammonia Growth
Abu Dhabi National Oil Company (ADNOC) has enhanced its ownership in Fertiglobe, a leading producer of nitrogen fertilizers, with an aim to advance the development …
ADNOC L&S JV inks deal worth $250m for mega ammonia carriers
ADNOC L&S, the shipping and logistics arm of the Abu Dhabi National Oil Company (ADNOC), has signed a joint venture agreement to build two ammonia …
ADNOC finalizes acquisition of controlling stake in Fertiglobe
Abu Dhabi National Oil Company (ADNOC) is set to close its acquisition of a controlling stake in Fertiglobe, the joint venture it holds with Netherlands-based …
ADX sees $724 million in key trades involving ADNOC Gas and Modon
The Abu Dhabi Securities Exchange (ADX) recorded a significant surge in trading activity, logging 15 large deals worth AED 2.66 billion ($724 million) involving ADNOC …
Adnoc and Indian Oil Forge 15-Year LNG Supply Pact
Abu Dhabi National Oil Company (Adnoc) has entered into a significant 15-year agreement with Indian Oil Corporation (IOC), aimed at supplying 1 million tonnes per …
ADNOC Drilling and Alpha Dhabi JV Expands Stake in Gordon Technologies
A joint venture between ADNOC Drilling and Alpha Dhabi has secured an expanded stake in Gordon Technologies, marking a significant development in the energy sector. …
Adnoc Drilling to Join MSCI Indices After August 30
Adnoc Drilling has confirmed its inclusion in MSCI indices, effective from the close of markets on August 30, 2024. This significant move marks a pivotal …