The two parties sign the 10-year strategic partnership agreement on the sidelines of Abu Dhabi Sustainability Week
ADNOC Gas
Latest in ADNOC Gas
Abu Dhabi
ADNOC Gas deploys groundbreaking new technology at its Habshan site
In partnership with Baker Hughes, the new Levidian-patented LOOP unit will capture methane and turn it into graphene and hydrogen
ADNOC
ADNOC Gas awards $2.1bn of contracts as it boosts LNG infrastructure
ADNOC Gas announces massive contracts to support LNG pipeline
Abu Dhabi
ADNOC considering selling minority stake in gas unit: Report
The deal, which could be worth billions of dollars, is expected to be announced in the coming days, according to media reports
ADNOC Gas
ADNOC GAS signs its first LNG SPA with India’s GAIL
The 10-year sales and purchase agreement will start in 2026 and will result in supply of 0.52 mmtpa
ADNOC Gas
ADNOC Gas targets over 40% EBITDA growth over next five years
Company declares fourth straight quarter of $6 billion-plus revenues; Quarterly net income up 11% to $1.24 billion
Abu Dhabi
ADNOC Gas awards $550 million gas pipeline contracts
ADNOC Gas will manage ESTIDAMA for ADNOC and be paid transmission and operating fees
Abu Dhabi
ADNOC Gas plans to double LNG capacity by the end of 2028
Plans to invest over $13 billion in growth opportunities over the next five years; Shareholders approve $3.25 billion dividend in first post-IPO AGM
Abu Dhabi
ADNOC Gas, JERA Global Markets forge $500-700mn LNG agreement
The agreement builds on the long-standing relationship between the UAE and Japan and reinforces ADNOC Gas’ position as a global LNG export partner of choice
ADNOC
ADNOC Gas signs $9bn deal with Indian Oil Corporation
ADNOC Gas signs major LNG deal with Indian energy giant
Abu Dhabi
ADNOC Gas announces $1.34bn plan for natural gas pipeline expansion
The contracts have been granted to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co. PJSC and C.A.T International Ltd.
ADNOC Gas
ADNOC Gas stake boosts Taqa Group’s net income to $3.16 billion
Acquisition of 5% stake in ADNOC Gas was part of company’s long-standing relationship with ADNOC; Board proposes interim dividend payment of 0.65fils per share
Abu Dhabi
ADNOC Gas to supply LNG to TotalEnergies in a three-year deal
Total value of the agreement will be in the range of $1 billion to $1.2 billion and is expected to commence this year
Abu Dhabi Securities Exchange
ADNOC Gas stock climbs $9.2bn on ADX debut
ADNOC Gas debut is world’s biggest IPO of the year so far
Abu Dhabi
Abu Dhabi Exchange market cap hits AED2.884tn with ADNOC Gas listing
ADNOC Gas makes debut on the Abu Dhabi Securities Exchange
Abu Dhabi Securities Exchange
ADNOC Gas shares to start trading on ADX on March 13
At the final offer of AED2.37, the issue size reached $2.5 billion, making it the largest-ever listing on ADX
ADNOC
ADNOC Gas IPO price set at AED2.37, making it largest-ever listing in ADX history
Offering price set near higher level of price band; IPO oversubscribed nearly 50 times; $2.5 billion raised beats the previous record $2 billion by Borouge last year