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ADNOC

Growth Score40DXBi Rank29Heat Score100

Abu Dhabi National Oil Company

Abu Dhabi's state oil and gas company, one of the world's largest energy producers.

Founded 1971GovernmentPublicAbu Dhabi, UAE, Abu Dhabi1000+ employeesadnoc.ae
oil and gasenergystate-ownedAbu Dhabi

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Overview

ADNOC is the state-owned oil and gas company of Abu Dhabi, established in 1971, responsible for the emirate's hydrocarbon exploration, production, refining and petrochemicals through a group of specialized subsidiaries (including ADNOC Drilling, ADNOC Gas, ADNOC Distribution and ADNOC L&S). The UAE President chairs its board, underscoring its role as a strategic national asset. In July 2026 ADNOC approved a $6.2 billion investment in the Umm Shaif Gas Cap project to expand gas production.
40

Growth Score

Steady

100

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Government
Funding Stage
Public
Headquarters
Abu Dhabi, UAE
Founded
1971
Company Size
1000+ employees
Website
adnoc.ae

Products & Services

BERQ

AI-powered predictive maintenance platform deployed across ADNOC's upstream and downstream assets since 2021 to reduce unplanned equipment downtime.

HSE Cockpit.ai

AI/predictive-analytics platform integrating real-time data to reduce safety incidents across operations.

ADNOC Distribution

Listed fuel retail and convenience-store subsidiary operating service stations across the UAE and region.

ADNOC Gas

Listed gas processing, gathering and marketing subsidiary.

ADNOC Drilling

Listed drilling services subsidiary operating onshore and offshore rigs.

ADNOC Logistics & Services (L&S)

Listed integrated shipping and logistics subsidiary.

Fertiglobe

Nitrogen fertilizer producer majority-owned by ADNOC/XRG.

Borouge / Borouge Group International

Petrochemicals producer, now merged with Borealis and NOVA Chemicals under Borouge Group International AG.

XRG

ADNOC's global investment and international growth arm consolidating overseas energy, chemicals and lower-carbon assets (including Covestro, stakes in NextDecade's Rio Grande LNG and an ExxonMobil Texas hydrogen project).

People

Technology

No technology or web presence data on file yet.

Financials

Public

Funding stage

Funding rounds

Projects

Contract AwardAnnounced

ADNOC Gas awards $8.2 billion in EPC contracts for Rich Gas Development

ADNOC Gas took final investment decisions on the next phases of its Rich Gas Development project and awarded $8.2 billion in engineering, procurement and construction contracts, including a $3.9 billion Phase 2 contract to Wison Engineering and a $4.3 billion Phase 3 contract to Tecnimont.

$8.2B

Aug 10, 2026

AcquisitionCompleted

ADNOC Drilling acquires 80% stake in MB Petroleum Services

ADNOC Drilling completed a $204 million deal to acquire an 80% stake in Oman-based MB Petroleum Services, adding 22 drilling and workover rigs across Oman, Kuwait, Saudi Arabia and Bahrain.

$204M

May 4, 2026

Contract AwardAnnounced

L&T-led consortium wins ultra-mega ADNOC Offshore contract

Indian engineering conglomerate Larsen & Toubro, leading a consortium, won a major offshore EPC contract from ADNOC Offshore valued at more than $1.8 billion.

$1.8B

Aug 4, 2026

Project LaunchAnnounced

ADNOC unveils $55 billion contract/project pipeline (2026-2028)

ADNOC announced a project pipeline worth $55 billion to be awarded between 2026 and 2028, following the UAE's exit from OPEC.

$55.0B

May 5, 2026

PartnershipAnnounced

ADNOC Distribution strategic partnerships with EGA and Borouge

ADNOC Distribution announced strategic partnerships worth over AED60 million ($16.34 million) with Emirates Global Aluminium and Borouge at Make it in the Emirates (MIITE) 2026, including localized production of specialty materials such as pharma-grade white oil.

$16M

May 1, 2026

MergerAnnounced

Borouge Group International AG formed from Borouge, Borealis, NOVA Chemicals merger

ADNOC and OMV announced the executive leadership team for Borouge Group International AG, the entity formed by merging Borouge, Borealis (Austria) and NOVA Chemicals (Canada) under ADNOC's XRG investment arm, with Roger Kearns as CEO and Dr. Sultan Al Jaber as Chairman of the Supervisory Board.

Mar 26, 2026

PartnershipCompleted

ADNOC and SLB deploy AI-enabled Real-Time Operations Center across drilling fleet

ADNOC, in collaboration with oilfield services firm SLB, deployed its AI-enabled Real-Time Operations Center (RTOC) platform across a fleet of more than 120 drilling rigs.

Aug 4, 2026

Strategic InvestmentCompleted

ADNOC's XRG acquires 11.7% stake in Rio Grande LNG

ADNOC's international investment arm XRG acquired an 11.7% stake in Phase 1 of the Rio Grande LNG project in Texas, its first US gas investment.

Sep 1, 2025

Strategic InvestmentAnnounced

ADNOC transfers 24.9% OMV shareholding to XRG

ADNOC announced it will transfer its 24.9% shareholding in Austrian energy group OMV to its international investment arm XRG.

Jul 16, 2025

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