ADNOC Gas Processing

Abu Dhabi Securities Exchange (ADX) Leverages ICE Global Network to Offer Direct Market Access to Global Investors

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Thursday, November 9, 2023

Abu Dhabi Securities Exchange (ADX), one of the largest financial markets in the Middle East, announced today that it has selected the ICE Global Network from Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, to offer direct market access to global institutional investors, a first initiative of its kind for a financial market in the Middle East.

Key Points:

Abu Dhabi Securities Exchange (ADX), one of the largest financial markets in the Middle East, announced today that it has selected the ICE Global Network from Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, to offer direct market access to global institutional investors, a first initiative of its kind for a financial market in the Middle East.
By leveraging the ICE Global Network, ADX aims to expand its global investor base by facilitating real-time access to market data and order entry.
With hubs located around the world, the ICE Global Network offers high-quality content, delivery and execution services through ultra-secure, highly resilient fiber and wireless networks.
The addition of ADX to ICE Global Network leverages ICE’s previous work in the region partnering with the Abu Dhabi National Oil Company (ADNOC) to create ICE Futures Abu Dhabi, and brings greater and simpler accessibility to local markets.

Baker Hughes Announces Milestone Electric-LNG Award for ADNOC Ruwais LNG Export Terminal

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Wednesday, October 4, 2023

Electricity generation, ADNOC Gas Processing, ABU, ADNOC, Carbon, MTPA, Acquisition, Baker Hughes, Natural gas, Letter, Wison Group, LNG

The LNG trains will be driven by Baker Hughes’ 75 megawatt BRUSH electric motor technology and feature the company’s state-of-the-art compressor technology, making Ruwais LNG one of the first all-electric LNG projects in the Middle East.

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The LNG trains will be driven by Baker Hughes’ 75 megawatt BRUSH electric motor technology and feature the company’s state-of-the-art compressor technology, making Ruwais LNG one of the first all-electric LNG projects in the Middle East.
Through the Ruwais LNG growth project, ADNOC intends to more than double its LNG production capacity to meet increased global demand for natural gas.
“This award represents an important milestone for Baker Hughes in the LNG market and demonstrates the strength of our portfolio, which we strategically expanded through the BRUSH Power Generation acquisition in 2022,” said Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes.
We are incredibly honored that ADNOC Gas, for and on behalf of ADNOC, has chosen Baker Hughes as a trusted partner to support their vision to increase LNG production while further decarbonizing their operations.”
The award continues the positive demand momentum in 2023 for Baker Hughes’ gas technology equipment portfolio after securing several major LNG orders throughout the year.

Petrofac Limited: ADNOC Gas awards Petrofac contract for landmark carbon capture, utilisation and storage project

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Tuesday, October 3, 2023

Carbon, Engineering, Carbon dioxide, ADNOC Gas Processing, EPC, ADNOC, Yorkshire and Humber Route Utilisation Strategy, CO2, CCUS, Natural gas, Renewable energy, Emiratisation

Petrofac Limited: ADNOC Gas awards Petrofac contract for landmark carbon capture, utilisation and storage project

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Petrofac Limited: ADNOC Gas awards Petrofac contract for landmark carbon capture, utilisation and storage project
ADNOC GAS AWARDS PETROFAC CONTRACT FOR LANDMARK CARBON CAPTURE, UTILISATION AND STORAGE PROJECT
Petrofac, a leading international service provider to the energy industry, has been awarded an Engineering, Procurement and Construction (EPC) contract by ADNOC Gas for its Habshan Carbon Capture, Utilisation and Storage (CCUS) project, one of the largest carbon capture projects in the Middle East and North Africa region.
The contract is valued at more than US$600 million and involves the delivery of carbon capture units, associated pipeline infrastructure and a network of wells for carbon dioxide (CO2) recovery and injection.
Located at the Habshan gas processing plant, 150 kilometres southwest of Abu Dhabi, the project is part of ADNOC’s accelerated decarbonisation plan.
With a commitment to deliver In-Country Value, Emiratisation is a key business priority and Petrofac is actively promoting current career opportunities.

Petrofac Limited: ADNOC AWARDS PETROFAC US$700 MILLION EPC PROJECT

Retrieved on:

Friday, June 30, 2023

ADNOC Gas Processing, Abu Dhabi National Oil Company, Construction, Engineering, procurement, and construction, EPC, ADNOC, Engineering, Emiratisation

Petrofac, a leading international service provider to the energy industry, has been selected by the Abu Dhabi National Oil Company (ADNOC) subsidiary, ADNOC Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.

Key Points:

Petrofac, a leading international service provider to the energy industry, has been selected by the Abu Dhabi National Oil Company (ADNOC) subsidiary, ADNOC Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.
The contract, awarded to Petrofac Emirates, is valued at approximately US$700 million and involves the Engineering, Procurement and Construction of a new gas compressor plant.
Tareq Kawash, Petrofac's Group Chief Executive, said: “We are thrilled to have been selected by ADNOC, one of Petrofac’s longest-standing customers, to undertake this significant new EPC project in our home market of the UAE.
With a commitment to deliver In-Country Value, Emiratisation is a key business priority and Petrofac is actively promoting current career opportunities.