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The Abu Dhabi National Oil Company (Arabic: شركة بترول أبو ظبي الوطنية), known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE). It is the world's 12th largest oil company by production. [ 2 ]
Exploratory drilling began in Abu Dhabi in February 1950. [1] The first commercial oil discovery was made at Bab in 1960, and exports began from the Jebel Dhanna terminal on 14 December 1963. In 1962, the company was renamed the Abu Dhabi Petroleum Company, ADPC. On 1 January 1973, the Government of Abu Dhabi acquired a 25% interest, which was ...
International Holding Company: Abu Dhabi: 17.3 8.1 92.2 239.5 Conglomerate: 1 242 First Abu Dhabi Bank: Abu Dhabi 20.8 4.3 336.3 36.6 Banking: 3 260 Emirates Group: Dubai 20.2 5.7 234.9 28.6 Airline 4 395 TAQA: Abu Dhabi 14.2 2.0 58.0 88.8 Oil and gas 5 473 Etisalat: Abu Dhabi 15.0 2.8 40.2 38.1 Telecommunication: 6 577 Abu Dhabi Commercial ...
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi artificial intelligence company G42 are having early discussions about a possible flotation of their joint venture technology firm AIQ, two ...
ADNOC Logistics & Services (ADNOC L&S) has been selected for a potential float in Abu Dhabi in 2022, said the sources, declining to be named as the matter is not public. ADNOC declined to comment ...
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 ...
The Abu Dhabi National Energy Company, PJSC (TAQA) is a government controlled energy holding company of Abu Dhabi, United Arab Emirates. TAQA (Arabic for Energy) is one of Abu Dhabi's flagship companies [ 2 ] and as such has an important role to play in helping to deliver the economic strategy of the Emirate of Abu Dhabi.
Mubadala Investment Company PJSC (Arabic: شركة مبادلة للاستثمار), or simply Mubadala, is a state-owned global investment firm that acts as one of the sovereign wealth funds of the government of Abu Dhabi. The company was established in 2017 when then-named Mubadala Development Company (now Mamoura Diversified Global Holding ...