ADNOC
New Energy & StorageAbu Dhabi
Business focus
New Energy & Storage
Description
ADNOC (Abu Dhabi National Oil Company) is Abu Dhabi's state-owned oil and gas company, established in 1971, the year the UAE was formed. It manages roughly 98 billion barrels of proven oil reserves and about 273 trillion cubic feet of gas. Output exceeds 4 million barrels of oil daily, targeting 5 million bpd by 2027. ADNOC runs subsidiaries and joint ventures in exploration, refining and marketing, with partners including bp, Shell and TotalEnergies.