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The Abu Dhabi National Oil Company (ADNOC) signed two EPC contracts in 2020, one with Petrofac Emirates LLC, a subsidiary of Petrofac Ltd., and the other with a joint venture with Petrofac and Sapura Energy Bhd. for the development of ADNOC's Dalma gas development project. Together, the contracts are valued to be worth over $1.65 billion, and ...
ADNOC Refining was created in 1999 to take over oil refining from ADNOC. ADNOC Refining refines crude oil and condensate, various petroleum products, and granulated sulphur. [59] It operates the Ruwais and Abu Dhabi refineries. [60] In 2015, it completed a major expansion of its Ruwais Refinery. The $10 billion project doubled the capacity of ...
The Ruwais Refinery is operated by the Abu Dhabi National Oil Company (ADNOC). The complex can process up to 837,000 barrels [1] of crude oil and condensate per day, making it the fourth-largest single-site oil refinery in the world and the biggest in the Middle East. The refinery is situated in the city of Ruwais, in Abu Dhabi’s western ...
The company is also looking at different options for its ADNOC Refining subsidiary, including bringing on strategic partners but an initial public offering (IPO) for the unit is not on the "radar ...
Abu Dhabi National Oil Company (ADNOC) said on Sunday it had signed two strategic equity partnerships with Italy's ENI and Austria's OMV covering ADNOC refining and a new trading venture to be ...
Abu Dhabi National Oil Co (ADNOC) will sign an agreement with Saudi Aramco and Indian companies on Monday for an up to 25 percent stake in a planned $44 billion refinery and petrochemical project ...
ADNOC Distribution is a mobility retailer, founded in 1973 and headquartered in Abu Dhabi, United Arab Emirates (UAE).Specializing in the distribution and marketing of fuel products, the company offers a variety of services and products at its service stations, including gasoline, convenience store items, car services, and property leasing and management. [4]
The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue ...