Abu Dhabi National Oil Company (ADNOC)

About Abu Dhabi National Oil Company (ADNOC)

ADNOC is a leading diversified energy group based in Abu Dhabi, UAE, focused on providing energy for life. The company is committed to making today's energy cleaner while investing in the clean energies of tomorrow. Operating across the energy value chain, ADNOC aims to responsibly meet the demands of an ever-changing energy market with a strategy centered on decarbonization, sustainability, and maximum energy with minimum emissions.

Products & Services

Oil and Gas Production:ADNOC manages upstream operations with a capacity of 4.85 million barrels of oil per day and 11.5 billion cubic feet of natural gas per day, including entities like ADNOC Offshore and ADNOC Onshore for conventional and unconventional resources.

Refined Products:Through ADNOC Refining, the company supplies over 40 million metric tons of high-quality refined products globally, supported by a vast pipeline network.

Gas Processing and Marketing:ADNOC Gas, a world-class gas processing and marketing company, serves domestic and international customers with an expanding portfolio of gas products.

Petrochemicals:Borouge provides innovative polyolefin solutions for industries such as infrastructure, energy, mobility, agriculture, healthcare, and advanced packaging.

Fertilizers:Fertiglobe is the world's largest seaborne exporter of urea and ammonia, with a production capacity of 6.7 million tons, and a focus on clean ammonia.

Industrial Services and Logistics:TA'ZIZ drives expansion in Al Ruwais Industrial City, supporting Abu Dhabi's chemical and industrial sectors, while ADNOC Logistics and Services delivers energy products to over 100 customers in 50+ countries.

Fuel Distribution:ADNOC Distribution operates as the UAE's leading fuel distributor with over 450 retail fuel stations and 350+ convenience stores.

Clean Energy Solutions:Through Masdar, ADNOC invests in renewable energy and green hydrogen, positioning itself as a global champion for clean energy.

Hydrogen:ADNOC is expanding in clean hydrogen production, leveraging the UAE's gas reserves to support a low-carbon fuel ecosystem.

Trading:ADNOC Global Trading and ADNOC Trading handle international trading of refined products and crude oil, enhancing value capture across the supply chain.

Specialties

Low-Cost and Lower-Carbon Oil and Gas Production Decarbonization and Sustainability Renewable Energy Clean Hydrogen Carbon Capture and Storage (CCS) Liquefied Natural Gas (LNG) Petrochemicals Gas Processing AI and Digital Innovation in Energy

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Cornerstone Investment T: - FT: Cornerstone Investment	A: 900000000 MR: - FA: $900 million FAN: 900000000	D: 2023-06-21 FD: 2023-06-21	1 investors

Cornerstone Investment Latest

2023-06-21

$900.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

S

Sultan Ahmed Al Jaber

Minister of Industry and Advanced Technology, UAE Special Envoy for Climate, Group MD & CEO of ADNOC and Chairman of Masdar

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