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Abu Dhabi National Oil Company

Adress: Dubai

About the Developer

On the market since 1971

Abu Dhabi National Oil Company (ADNOC) is the state-owned oil company of the United Arab Emirates, founded in 1971. It manages the country’s significant oil and gas resources and plays a key role in its economy. As of 2021, ADNOC has a production capacity of over 4 million barrels of oil per day, with plans to increase this figure to 5 million by 2030.

Recently, ADNOC expanded its operations by acquiring a 24.9% stake in the Austrian company OMV and plans to acquire the German chemical company Covestro for 15.9 billion euros. The company is also actively investing in projects to reduce carbon emissions, aiming to achieve carbon neutrality by 2045.

Reviews about the Developer

Our company participated in a joint project and worked with Abu Dhabi National Oil Company. I must say that we were lucky to work with this company, because all the work was completed on time and in compliance with the highest quality standards. I think that we will cooperate with this company more than once.

Ivanova Ksenia | 29.07.2022

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