Tag: ADNOC

Energy, Oil & Gas

ADIPEC 2025 delivers $46bn in deals; sets bold agenda for future energy

ADIPEC 2025, the world’s largest energy event, closed on Thursday, after another record-breaking year, delivering $46 billion through 35,000 cross-sector deals and bringing together a record 239,709 attendees – 17% up from 2024 – to set the agenda for the future of global energy. ...

Energy, Oil & Gas

Schneider Electric focuses on AI-powered production in Gulf

Schneider Electric has entered a new phase of industrial expansion in the UAE and the wider Middle East, driven by a shift toward autonomous, AI-powered production that enables highly efficient industrial operations with minimal human intervention, said Walid Sheta, Schneider Electric's President of the Middle East & Africa region....

Energy, Oil & Gas

Adnoc signs 15-year supply deal with Shell for Ruwais LNG project

Adnoc has announced a 15-year Sales and Purchase Agreement (SPA) with Shell International Trading Middle East Limited FZE, a wholly-owned subsidiary of Shell, for the delivery of up to 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG)....

Energy, Oil & Gas

Masdar, XRG, Microsoft to enhance AI in Adnoc's value chain

Adnoc, Masdar, XRG, and Microsoft announced a strategic agreement to accelerate artificial intelligence (AI) deployment across Adnoc’s value chain, and to deliver energy solutions for Microsoft’s global AI and data centre growth....

Energy, Oil & Gas

88pc of leaders say AI essential to energy transformation: report

A new report by Adnoc and Microsoft indicates that AI is transforming the energy sector, especially in distribution and emerging solutions like predictive maintenance and smart grid management. Notably, 88 per cent of respondents believe scaling AI is crucial for energy transformation....

Energy, Oil & Gas

Adnoc Drilling revenue up 27pc to $3.63bn

Adnoc Drilling Company has reported financial results for the third quarter (3Q) and the first nine months of 2025. The highlights of the 9 months 2025 performance showcase significant growth, with revenue hitting $3.63 billion, reflecting a 27 per cent increase year-on-year....

Energy, Oil & Gas

Adnoc companies to distribute $43bn in dividends by 2030

Adnoc has announced a target to distribute $43 billion in dividends across its six publicly listed companies through to 2030, subject to customary approvals, in addition to the $23 billion already paid since the first company IPO in 2017....