AIQ signs $340m deal with Adnoc for ENERGYai, AI solutions

Presight unit inks $340m Adnoc AI deployment contract

Abu Dhabi-based Presight, a leading big data analytics company in the region powered by Artificial Intelligence (AI), has announced that its key unit AIQ has signed a landmark $340 million contract with Abu Dhabi National Oil Company (Adnoc) t

Presight unit inks $340m Adnoc AI deployment contract

Abu Dhabi-based Presight, a leading big data analytics company in the region powered by Artificial Intelligence (AI), has announced that its key unit AIQ has signed a landmark $340 million contract with Abu Dhabi National Oil Company (Adnoc) t

Borouge and Borealis merger to create $60bn polyolefins leader

UAE's Adnoc and Austria’s OMV have announced merger of their shareholdings in Borouge and Borealis AG to create Borouge Group International, a AED220-billion ($60 billion) global integrated chemicals powerhouse and the world’s

Adnoc, OMV to create $60bn polyolefins leader

UAE's Adnoc and Austria’s OMV have announced merger of their shareholdings in Borouge and Borealis AG to create Borouge Group International, a AED220-billion ($60 billion) global integrated chemicals powerhouse and the world’s

Adnoc seals 15-year LNG sales, purchase deal with Japanese group

Abu Dhabi National Oil Company (Adnoc) has announced that it has signed a sales and purchase agreement with leading Japanese utility major Osaka Gas for the supply of 0.8 million tonnes per annum (mtpa) of LNG from its Ruwais facility.

Adnoc to offer 3.1bn shares of Adnoc Gas in Marketed Offering

Abu Dhabi National Oil Company (Adnoc), the current majority shareholder of 90% of the ordinary shares in Adnoc Gas, has announced its intention to offer approximately 3.1 billion of the issued and outstanding share capital of Adnoc Gas. 

Adnoc Gas delivers record $5bn net income for 2024

Adnoc Gas has announced record earnings for the full year (FY) 2024 of $5 billion, and its highest quarterly income of $1.38 billion since its IPO, significantly ahead of the Bloomberg consensus for both periods.  

Endress+Hauser, ATA to develop local talent in process automation

Endress+Hauser has entered into a strategic collaboration with Adnoc Technical Academy (ATA) to develop local talent in process automation technologies.   This partnership underscores both organisations' comm

Adnoc confirms talks with OMV on new polyolefins group

Abu Dhabi National Oil Company (Adnoc) has confirmed that negotiations with OMV about the potential creation of a new global polyolefins group, through the proposed combination of their existing shareholdings in Borouge and Borealis are ongoin