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ADNOC continues pouring down billions in contracts in an attempt to expand its production capacity.

The framework agreements take the total value of ADNOC's drilling-related framework deals and procurement awards to over $8.5 billion since November 2021.

Adnoc takes a FID and awards the build contracts for a gas project expected to produce over 1.5 Bcfd at home.

ADNOC awarded a three percent participating interest in the SARB and Umm Lulu offshore concession to SOCAR.

The Belbazem offshore block is operated by Al Yasat Petroleum, a joint venture between Adnoc and China National Petroleum Corporation (CNPC).

ADNOC has broken a world record for the longest oil and gas well at its Upper Zakum Concession.

The acquisition gives ADNOC a share of the liquefied natural gas (LNG) production from the concession.

ADNOC has been looking for assets across the world as it seeks to expand its reach and access new markets.

Sultan Al Jaber, tapped to lead UN climate talks, said “the phase-down of fossil fuels is inevitable”.

ADNOC delivered the landmark cargo to Japan, where it will be used for clean power generation.