Adnoc keeps busy
The Emirati NOC continues to expand its competencies and monetise assets
Abu Dhabi’s state-owned oil firm Adnoc has looked to shrug off the Covid-19 pandemic to maintain a flurry of corporate activity, diversifying both its operations and revenue streams. The company has a rich history of successfully outsourcing upstream exploration efforts and, over the past few years, has extended this approach to monetise infrastructure and facilities by divesting minority stakes in state assets. This has allowed the company to generate billions of dollars at a time of oil price and demand uncertainty. But it is not just about money for Adnoc: these collaborations with international specialists provide an important platform for knowledge transfer and support the UAE’s localis
Also in this section
29 January 2026
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
