ADNOC Group | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

ADNOC Group is one of the world's leading energy producers and a primary catalyst for Abu Dhabi’s growth and diversification. Operating...


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ADNOC Group is one of the world's leading energy producers and a primary catalyst for Abu Dhabi’s growth and diversification. Operating across the entire hydrocarbon value chain, ADNOC is involved in exploration, production, storage, refining, and distribution, as well as the development of a wide range of petrochemical products. Since its establishment in 1971, ADNOC has played a significant role in the economic development of Abu Dhabi and continues to innovate in the energy sector while focusing on sustainability and lower carbon solutions.

Website
Headquarters
Corniche Road, Abu Dhabi, 898, AE
Size
10,001+ employees
Industry
Oil and Gas
Specialities
Oil & Gas

🛍️ ADNOC Group Product and Pricing News →

👔 ADNOC Group CEO, Management and Leadership Team →

⚔️ ADNOC Group Alternatives and Competitors →

💼 ADNOC Group Hiring and Layoffs →

🤖 ADNOC Group Developer, Integration and Automation News →

📈 ADNOC Group Financials, Fundraising and Valuation News →

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🛍️ ADNOC Group Product and Pricing News

  • ADNOC Group's logistics and services division is expanding its fleet with energy-efficient vessels.
  • ADNOC Group has reduced subsurface rock analysis time from days to minutes using AI with RockInsight.
  • ADNOC Group halts its NewMed stake in Israel after the Gaza conflict and explores new opportunities in Cyprus.
  • ADNOC Group has developed an AI-enabled ILMS solution to optimize vessel scheduling, created by their AI Lab.
  • Dr. Sultan Al Jaber comments on the launch of XRG, marking a new chapter for ADNOC Group.

  • ADNOC Group received a certification from DNV for its new project to store carbon dioxide in the western subsurface of the UAE, aiming for net-zero emissions by 2024.
  • On November 27, ADNOC Group hosted the second #حفظ_النعم conference under the patronage of Sheikh Hamdan bin Zayed Al Nahyan and attended by Sheikh Nahyan bin Mubarak Al Nahyan.
  • ADNOC Group is the main sponsor of the Middle East Investor Relations Association conference in December 2024, with Group CFO Khaled Al Zaabi highlighting their commitment to transparency and investor engagement.

👔 ADNOC Group CEO, Management and Leadership Team


⚔️ ADNOC Group Alternatives and Competitors

  • Hitachi Energy
  • |
  • Hess
  • |
  • Saudi Aramco
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  • International Petroleum Investment Company
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  • Marathon Petroleum
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  • BP
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  • ENOC
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  • Dodsal
  • |
  • Trouvay & Cauvin Group
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  • Dubai Petroleum
  • |
  • LUKOIL
  • |
  • Abu Dhabi National Energy Co
  • |
  • Dana Gas
  • |
  • Lamprell Plc
  • |
  • ConocoPhillips
  • |
  • ExxonMobil
  • |
  • EQT
  • |
  • NOVATEK
  • |
  • Tellurian

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💼 ADNOC Group Hiring and Layoffs

  • Stefan Mehl has joined ADNOC Group as Vice President Strategy & Business Development in the United Arab Emirates, previously serving as Sales Director / Head of Service at Metso.
  • On November 15, FAREED ALJABERI, Vice President at ADNOC Refining, praised the transformative ADNOC Culture Masterclass led by Dr. Othman Al Khoori.
  • Muhammad Murad is an Electrical Maintenance Engineer at ADNOC Group.
  • Harish Somayajula has joined ADNOC Group as a Senior Specialist, Energy Management in the United Arab Emirates, previously serving as Energy Manager at Borouge.
  • Ahmed Toumi has left ADNOC Group, where he served as Senior Business Partnership Management in Dubai, United Arab Emirates, to join ITP Media Group as Director of Strategic Partnerships.

  • ADNOC Group is hiring for various positions at Adnoc Ruwais Hospital, including roles like Microbiology, Radiation Therapist, and Hospital Administrator.

🤖 ADNOC Group Developer, Integration and Automation News

  • ADNOC Group signed a 10-year agreement with GAIL India Limited to supply up to 0.52 million metric tonnes of LNG annually starting in 2026.
  • ADNOC Group partners with Microsoft, M42 Health, and the UAE to develop AI-powered solutions in training, health, energy, and mobility.


📈 ADNOC Group Financials, Fundraising and Valuation News

  • Covestro's board and supervisory board recommended shareholders accept ADNOC Group's takeover offer of 62 EUR per share.
  • ADNOC Group plans for ADNOC Gas to acquire a 60% stake in Ruwais LNG from ADNOC at an estimated cost of $5 billion in the second half of 2028, doubling its LNG processing capacity to 15.6 mtpa.
  • ADNOC Group's logistics and services division reported an 18% increase in Q3 net profit to $175 million.
  • ADNOC Group is considering selling an additional stake in its gas business.


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