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The Spectator

Tag : adnoc

Business

ADNOC Gas posts resilient Q1 profit despite disruption

thespectator.co.in
ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company said it generated $572 million in free cash flow and...
News

UAE and Austria deepen strategic partnership talks

thespectator.co.in
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Austrian Chancellor Christian Stocker in Abu Dhabi on Friday for talks focused on the two countries’ Comprehensive Strategic Partnership and the impact of regional developments on security and the...
Business

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

thespectator.co.in
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 from April 12 to April 14, with both sides framing...
Business

Exus Renewables to buy 60% stake in Masdar Portugal wind

thespectator.co.in
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 portfolio, the companies said. The transaction covers nine onshore wind...
Business

ADNOC closes $11 billion deal for offshore gas project

thespectator.co.in
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 AED 40.4 billion ($11 billion) to advance the Hail and...
Business

UAE and Korea strengthen cooperation in energy and advanced industry

thespectator.co.in
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 during an official visit by Dr. Sultan Ahmed Al Jaber,...
Business

ADNOC signs 15-year LNG supply agreement with IndianOil

thespectator.co.in
The Abu Dhabi National Oil Company (ADNOC) has signed a 15-year Sales and Purchase Agreement with Indian Oil Corporation Ltd (IndianOil) for the supply of one million tonnes per annum of liquefied natural gas. The...
Business

ADNOC Drilling wins $1.15B jack-up rig contract

thespectator.co.in
ADNOC Drilling Company has secured a $1.15 billion contract from ADNOC Offshore for the deployment of two state-of-the-art jack-up rigs, marking a significant addition to its offshore operations portfolio. The 15-year agreement extends operational coverage...
Business

Energy R&D spending hits $50 billion globally

thespectator.co.in
The global market for five key energy technologies electric vehicles, electrolysers, heat pumps, solar photovoltaic systems, and wind turbines is projected to surge to approximately US$2.1 trillion by 2035, according to the latest World Energy...