Tag : ADNOC

Business

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

iraqupdate.com
BEIJING: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, arrived in Beijing to begin an official visit to China that runs...
Business

Exus Renewables to buy 60% stake in Masdar Portugal wind

iraqupdate.com
ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind...
Business

ADNOC closes $11 billion deal for offshore gas project

iraqupdate.com
ABU DHABI, December 19, 2025: Abu Dhabi National Oil Company (ADNOC) announced on Thursday the completion of a landmark structured financing agreement valued at up to...
Business

UAE and Korea strengthen cooperation in energy and advanced industry

iraqupdate.com
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology...
Business

ADNOC L&S completes $1.04 billion acquisition of 80% stake in Navig8

iraqupdate.com
ADNOC L&S completes an $1.04 billion acquisition of 80% of Navig8, strengthening its global maritime logistics footprint and setting plans to acquire the remaining stake...
Featured News

ADNOC L&S acquires 20 offshore assets in growth strategy

iraqupdate.com
ADNOC L&S expanded its offshore operations in 2024, acquiring 20 assets, securing 19 JUB contracts, and boosting revenues 51% to $1.67 billion, marking robust regional...
Business

ADNOC Gas plans $5 billion Ruwais LNG stake acquisition by 2028

iraqupdate.com
ADNOC Gas finalizes plans to acquire a majority stake in Ruwais LNG by 2028, aligning with its $15 billion CAPEX initiative and advanced low-carbon facility...
Business

India, UAE boost cooperation with deals on energy and tech

iraqupdate.com
India and the UAE today signed major agreements in nuclear energy, petroleum, and advanced technologies, reinforcing the Comprehensive Strategic Partnership between the two nations....