adnoc in A Sentence

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    The Abu Dhabi National Oil Company Adnoc.

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    Aramco and Adnoc have shown interest.

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    Adnoc named among top 10 oil & gas firms worldwide.

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    Baker Hughes acquires 5% of Adnoc drilling unit for $550 min.

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    It would help make Adnoc Drilling“the most efficient and the most competitive,” Al-Jaber said.

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    Adnoc also commits to limit its freshwater consumption ratio to below 0.5 per cent of total water use.

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    Al-Jaber said"there are no plans at this point of time" to float a stake in Adnoc Drilling.

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    Dr Al Jaber said:"For many decades, Adnoc has been a catalyst for growth, development and diversification in the UAE.

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    Dr Al Jaber said:“For many decades, Adnoc has been a catalyst for growth, development and diversification in the UAE.

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    Asked if a firm deal with Aramco and Adnoc could be sealed soon, he said“I think so,” declining to give a timeline.

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    Asked if a firm deal with Aramco and Adnoc could be sealed soon, he said"I think so" but declined to give a timeline.

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    Over the past three years Adnoc has been working on its integrated 2030 Strategy to ensure future success and transforming its businesses business.

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    The deal, which expands Adnoc's access to European markets, furthers Eni's diversification away from Africa and gives OMV a downstream oil business outside Europe.

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    For the past three years Adnoc has been working on its integrated 2030 Strategy, which is aimed at ensuring future success and transforming its businesses.

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    He added that in a world that needs more energy with fewer emissions, Adnoc will continue to prioritise responsible production as it expands its operations.

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    The transaction is expected to close before the end of this year, with operations starting in 2019, Adnoc and BHGE said in a joint statement.

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    They also underscore Adnoc�s strong environmental, social and governance(ESG) performance as the company responds to rising global energy demand and delivers its 2030 smart growth strategy.

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    In February 2018, during the visit of Prime Minister Narendra Modi to UAE, ISPRL and Adnoc signed an Agreement for storing 5.68 million barrels of crude oil.

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    They also underscore Adnoc's strong environmental, social and governance performance as the company responds to rising global energy demand and delivers its 2030 smart growth strategy.

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    Adnoc and INPEX share the responsibility, as global energy companies, to provide our customers with a safe and efficient fuel that is compliant to international emissions regulations.

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    Dr Al Jaber added that in a world that needs more energy with fewer emissions, Adnoc will continue to prioritise responsible production as it expands its operations.

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    Baker Hughes(BHGE) becomes the first foreign company to take a stake in one of state-owned Adnoc's services companies under the agreement which values Adnoc Drilling at about $11 billion.

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    The agreement will allow Adnoc to sell oil to local refiners but give the government of India the first right to the oil in the case of an emergency.

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    The agreement will allow Adnoc to sell oil to local refiners but give the government of India the first right to the oil in the case of an emergency.

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    Adnoc also said that it had signed seven term agreements for the sale of over 4.2 million tonnes per year of LNG as it diversifies its LNG customer portfolio.

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    The agreement stipulates that during an emergency oil shortage situation the Indian government can use the entire available crude oil stored by Adnoc in the Mangalore SPR facility for its use.

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    OMV said it would pay about $2.5bn, while Eni said it would pay about $3.3bn, giving Adnoc Refining, which has a total refining capacity of 922,000 barrels per day, an enterprise value of $19.3bn.

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    Al Jaber said:“For over 75 years Total has partnered with Abu Dhabi in the development of our oil and gas resources and has closely collaborated with Adnoc across various stages of our value chain.

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    Adnoc plans to process 500 million standard cubic feet of gas per day from Umm Shaif's gas cap to help meet Abu Dhabi's growing domestic demand for energy and reduce reliance on imported gas.

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    OMV said that it would pay around $2.5bn, while Eni said it would pay around $3.3bn, giving Adnoc Refining, which has a total refining capacity of 922,000 barrels per day, an enterprise value of $19.3bn.

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