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Al Ramz appointed as liquidity provider to Adnoc Distribution

Al Ramz Capital has been appointed as a liquidity provider for Abu Dhabi National Oil Company for Distribution (Adnoc Distribution) the largest retailer in the UAE and the leading fuel distributor. Following...

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XRG consortium submits non-binding offer to acquire Santos

XRG the international investment arm of Adnoc has announced that an XRG-led consortium has submitted an indicative non-binding offer to acquire Santos a leading international energy company providing reliable...

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ADNOC Distribution achieves major ESG milestones

ADNOC Distribution recently released its 2024 ESG Report one of the most ambitious sustainability disclosures from the region s mobility and retail fuel sector to date. The report underscores ADNOC Distribution...

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Armstrong Fluid Technology launches key new function in platform

Armstrong Fluid Technology a leading manufacturer of intelligent flow equipment including pumps valves heat exchangers and control solutions has introduced a powerful new capability within its ADEPT selection...

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TAQA appoints new Executive VP of Products & Technologies and CTO

Industrialization and Energy Services Company (TAQA) a global leader in energy and industrial services has welcomed Jeff Lembcke to TAQA as Executive Vice President of Products & Technologies and Chief...

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Jubaili Bros, WEA to offer power generation solutions in Southeast Asia

Jubaili Bros a global leader in conventional and renewable power solutions has formed a strategic partnership with WEA a prominent full scope energy solutions provider in Southeast Asia headquartered in...

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Adnoc Drilling to buy 70% stake in SLB Kuwait, Oman rigs unit

Adnoc Drilling Company announced today that it has signed an agreement to acquire a 70% stake in SLB s land drilling rigs business in Kuwait and Oman comprising eight fully operational land rigs under...

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Adnoc Drilling secures $1.15bn contract for two jack-up rigs

Adnoc Drilling Company has received a 1.15-billion 15-year contract for two jack-up rigs from Adnoc Offshore in support of its growing offshore operations. The contract will follow existing agreements...

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Adnoc Drilling appoints Al Messabi as CEO

Adnoc Drilling has announced that the Board of Directors has appointed Abdulla Al Messabi as the new Adnoc Drilling Chief Executive Officer (CEO). Abdulrahman Al Seiari the Company s current CEO will retire...

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Kuwait to host flagship conferences on energy innovation

Kuwait will host two strategic landmark conferences this September advancing the country s vision of becoming a global benchmark for energy innovation and industrial excellence. The 2nd Digital Transformation...

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Gulf Navigation in deal to acquire Brooge Energy assets for $871m

Gulf Navigation Holding a leading maritime and shipping company listed on the Dubai Financial Market has entered into a deal with Brooge Energy a leading Cayman Islands-based crude oil fuel oil and refined...

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AD Ports, key firms eyes e-methanol bunkering facility in Kezad

AD Ports Group a leading facilitator of global trade logistics and industry has signed a collaboration agreement with Masdar Advario and the CMA CGM Group to explore the feasibility for the development...

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ALTÉRRA backs Absolute Energy to develop renewable capacity in Italy

ALTÉRRA the UAE s 30 billion climate investment vehicle today announced a 50 million commitment via ALTÉRRA Acceleration Fund to Absolute Energy an innovative Italian renewable energy platform. The co-investment...

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Abu Dhabi's data centre industry power investments to hit $10bn

Abu Dhabi National Energy Company (Taqa) is poised to significantly bolster Abu Dhabi s burgeoning data and artificial intelligence hub with its CEO and Managing Director announcing that total investments...

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Schneider Electric showcases AI-powered digital grid platform

Schneider Electric a global leader in the digital transformation of energy management and automation is showcasing its latest innovations in grid modernisation and utilities digitalisation at the World...

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ADNOC’s listed companies post strong Q1 results with $2.3bn net profit

ADNOC Group s publicly traded portfolio companies combined to deliver over 2.3 billion (AED8.4 billion) in first quarter net profit reflecting their resilient business models and ability to generate robust...

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