Tag: Adnoc Gas

Energy, Oil & Gas

Wison Engineering secures $4bn EPC contract for ADNOC Gas project

Wison Engineering has been awarded the $3.9 billion engineering, procurement and construction (EPC) contract for Phase 2 (New Natural Gas Processing Train at Habshan) of the Rich Gas Development (RGD) Project by ADNOC Gas, the gas-processing subsidiary of Abu Dhabi National Oil Company (ADNOC), in addition to a 220KV switch station....

Energy, Oil & Gas

ADNOC Gas awards $8.2bn EPC contracts for Habshan complex project

Abu Dhabi National Oil Company has announced that one of its key units, ADNOC Gas has awarded engineering, procurement and construction (EPC) contracts worth $8.2 billion for the next phase of its Rich Gas Development (RGD) project at the Habshan complex in the UAE capital. ...

Energy, Oil & Gas

ADNOC Gas records robust growth in Q2; net income hits $665m

ADNOC Gas, a key subsidiary of Abu Dhabi National Oil Company, has delivered solid results for the second quarter with a net income of $665 million, above the guidance range of $400-600 million, thus reflecting strong operational performance in a challenging operating environment. ...

Energy, Oil & Gas

Adnoc launches global LNG marketing, trading platform

Adnoc has launched a global LNG marketing and trading platform in Abu Dhabi Global Market (ADGM), integrating Adnoc Gas, XRG and Adnoc Trading to strengthen operations. The platform boosts flexibility, shipping optionality and customer access, supporting LNG expansion including the Ruwais project. ...

Energy, Oil & Gas

Adnoc listed companies generate $11.8bn in Q1 revenue

Adnoc listed companies reported resilient Q1 2026 results, generating combined revenues of $11.8 billion, EBITDA of $3.7 billion and net profit of $2.2 billion across six portfolio companies. ...

Energy, Oil & Gas

Adnoc Gas reports resilient Q1 net income of $1.1bn

ADNOC Gas reported $1.1 billion net income in Q1 2026, demonstrating strong operational and financial performance despite regional uncertainty, energy-sector disruption, and maritime challenges affecting movements through the Strait of Hormuz....

Energy, Oil & Gas

TA’ZIZ signs $28.5bn energy, chemicals supply deals

TA’ZIZ signed $28.5 billion in long-term offtake, feedstock and sales agreements at Make it in the Emirates, covering methanol, PVC, EDC, VCM and other chemicals. Adnoc Gas will supply natural gas under a 25-year deal worth over $5 billion....

Energy, Oil & Gas

Bernstein names Adnoc Gas, Fertiglobe as ‘Best Picks’ in Mena energy

Bernstein initiated Mena energy coverage, praising UAE governance, sovereign-backed ownership and strong cashflows. It said these enable rapid transformation of state assets into investable platforms, naming Adnoc Gas and Fertiglobe discounted, high-quality “best pick” opportunities....

Energy, Oil & Gas

Adnoc Gas approves record $3.6bn dividends for FY2025

Adnoc Gas has confirmed shareholder approval of all agenda items at its Annual General Meeting including a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May. ...

Energy, Oil & Gas

ADNOC Gas delivers record $5.2bn net income in 2025

ADNOC Gas and its subsidiaries today announced a record net income of $5.2 billion, a 3% increase compared to 2024, demonstrating structurally resilient earnings and an ability to perform consistently through commodity cycles. ...

Energy, Oil & Gas

Adnoc Gas sees potential to advance Ruwais LNG commercial start

Adnoc Gas is advancing its integrated LNG strategy, with Ruwais LNG progressing ahead of schedule. The 9.6 mtpa project may start before 2028, lifting UAE capacity to 15 mtpa, backed by $5 billon acquisition plans and long-term sales covering most output under changing global energy markets....

Energy, Oil & Gas

Adnoc Gas seals $3bn LNG deal with Hindustan Petroleum

Adnoc Gas, a major unit of Abu National Oil Company (Adnoc) and its subsidiaries announced the signing of a sales and purchase agreement valued at between $2.5 billion - $3 billion for a period of 10 years with Hindustan Petroleum Corporation Limited (HPCL)....

Energy, Oil & Gas

ADNOC Gas and EMSTEEL sign $4bn low-carbon gas deal

ADNOC Gas and its subsidiaries, a world-class integrated gas processing company, today announced the signing of a landmark agreement, valued between $3.5 billion and $4.2 billion with EMSTEEL, one of the region’s largest integrated steel and building materials manufacturers. ...