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Abu Dhabi National Oil Co. (ADNOC)

Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects. Read more

Offshore & Marine

The Abu Dhabi National Oil Company (ADNOC) signed two new strategic equity partnerships with Eni and OMV covering both ADNOC Refining and a new trading joint venture, which will be jointly established by the three partners. Read more

Refining & Petrochemical Processing

State-owned Abu Dhabi National Oil Co (ADNOC) is in advanced talks with more than one potential buyer, including Italy’s ENI, as it prepares to sell minority stakes in its refining business. Read more

Refining & Petrochemical Processing

The Abu Dhabi National Oil Company unveiled plans to invest AED 165 billion ($45 billion) alongside partners, over the next five years. Read more

Downstream

Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. Read more

Upstream

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