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New: Contracts

ADNOC Announces AED54 Billion Worth of Contract Awards to UAE Suppliers in H2 2025

At its Business Partnership Forum, ADNOC said it awarded AED54bn ($14.7bn) of contracts to UAE suppliers in H2 2025 and that its ICV programme enabled 12 new local manufacturing facilities and FIDs.

4 sourcesADNOC · Emerson · Yokogawa +2

AI and digital

ADNOC Announces AED54 Billion Worth of Contract Awards to UAE Suppliers in H2 2025 (framework agreements)

Primary sourceADNOC · Emerson · Yokogawa +2

Contracts

TA'ZIZ Awards $1.99 Billion EPC Contract to Build One of the World's Largest PVC Complexes

4 sourcesTA'ZIZ · CC7 (CNCEC Seven) · Ruwais PVC complex +2

M&A

ADNOC Drilling to acquire 80% stake in MB Petroleum Services

5 sourcesADNOC Drilling · MB Petroleum Services · Oman +2

Financing

Energean awaits approval for $400m Israel–Cyprus gas pipeline

Single sourceEnergean · Cyfield · Israel +1

Contracts

QatarEnergy signs production sharing contracts for two offshore blocks in Suriname

Primary sourceQatarEnergy · Staatsolie · Petronas +2

Output

UAE's Adnoc holds line on 5mn b/d crude capacity push

Single sourceADNOC · UAE